Real Estate Major DLF Unveils Stunning Housing Project Line Up for FY25

Key Highlights:

• DLF to Launch First Mumbai Project in June 2025 Under SRA Scheme, Offering Premium 3 BHK Apartments in Andheri.
• DLF Plans Entry into Goa Real Estate with Ultra-Luxury Villas Priced Between Rs. 40–50 Crore in FY26.
• High Housing Demand in Gurugram and Mumbai Drives DLF's Expansion; NRIs and Domestic Buyers Fuel Premium Property Market.

The first phase of DLF’s Mumbai project, according to the company, is planned for launch in June 2025 in the future financial year. The business has plans to enter the real estate market in Goa and expects to launch its first project in the second half of the financial year ahead.

Tyagi said, "There is a delay in the project due to its nature: it requires actions by many government agencies, since it is a slum rehabilitation project."

DLF is working with the Trident Group to build its first project in Mumbai under the Slum Rehabilitation Authority (SRA) scheme. The project’s first section which covers 1 million square feet, is being built in Andheri.

January 2024 saw the announcement of the project which will soon make premium 3 BHK and 3 BHK+ apartments available, at prices between Rs. 5.5 crore and Rs. 7.5 crore.

In July 2023, DLF formally entered the Mumbai real estate sector after a break. In 2005, the National Textile Corporation auctioned off prime mill land in Lower Parel and DLF won it for Rs. 704 crore, the most expensive bid of all that year. After the financial crisis in 2008, Infrastructure Leasing and Financial Services swapped its strategy and gave Lodha, also known as Macrotech Developers, the land in exchange for Rs. 2,700 crore in 2012.

Reportedly, DLF will introduce 62 extravagant villas in Goa at prices between Rs. 40 and Rs. 50 crores.

Also Read: Shikhar Dhawan buys ultra-luxury flat in DLF's The Dahlias, Gurugram

“We are working towards launching our first Mumbai project by Q1 FY26,” said Aakash Ohri, Joint Managing Director of DLF, during the Q4 FY25 investors’ call.

On an analyst call, Aakash Ohri said, "...there is a sizable demand for both the products, both here (Delhi) in Privana and in Mumbai, both from the micro-geographies, rest of the countries, as well as the NRIs.” He further highlighted that, "Presently, the two Privanas that were sold last year are trading at a premium of Rs. 2,500 to Rs. 4,000 psf at present."

On housing demand in 2024-25, Ohri said, "Housing demand for good houses continues there and Gurgaon today has become a very solid investment option too" He owed the growing demand in Gurugram to the cyber city, along with the major workforce."