DLF sets foot in Mumbai with maiden project

Bengaluru
: After a successful launch in India’s largest real estate developer, DLF LTD, House Grogram, the first housing project entered the country’s most valuable real estate market into Mumbai.
The company will invest around La1,000 Crore to improve the first stage of the project in suburban andheri (West) La2,300 CRORE PRE -SALES.
The Westpark project will be developed on a 5.18 -acre land parcel, part of a larger slum rehabilitation project of 10 acres. DLF and his partner Trident Realty are developing together.
In the first stage, the DLF launched two of the four 37 -storey tower in the first stage where three and four bedroom houses were priced. La5-8 Crore each. There are also four bedroom lofts to be sold around. La14-15 Crore. The first two towers will be completed in four years.
This is the re -entry of DLF into Mumbai after leaving the real estate market many years ago.
Lock Inferences
- DLF makes the first output of Mumbai residence with 1000 Crore investment in Andheri.
- Project Objectives 2,300 Crore before pre -sales; Strong early demand from investors and NRIs.
- DLF’s mumbai entrance is part of the diversification strategy beyond Gurogram.
- The developer watched record -breaking sales in FY25 and on the road in FY26.
- Despite the risks of market saturation, DLF banks related to brand power in a crowded mumbai market.
“Mumbai is a very large market with a tremendous amount of construction everywhere. We believe in a crowded market like this. Mint.
The Mumbai entrance points to the expansion of DLF, a dominant real estate player in Gurogram’s luxury housing segment, a new, competitive real estate market. It also plans to be released later with a signature luxury project in Goa later this year.
DLF, the biggest real estate developer in terms of India’s market value, DLF, Godrej Properties Ltd.
Returning to the West
In 2005, at the summit of the real estate explosion, DLF bought 17 acres of mills in the center of Mumbai. La702 Crore. Then, in 2012, when the markets worse, the developer sold the land to Lodha developers La2,700 crore to exit the non -seed market. Now, years later, he looks back to the west.
Ohri said that the Mumbai project received a strong demand with channel partners who attended a meeting this week or with the property agencies from about 15 states. Ohri, “NRI demand was also good, which is similar to what our last project in my pride witnesses.”
In the future, DLF wants to do more. The company will only choose to redevelopment if the project dimensions are large.
DLF reported record sales reservations La21.223 Crore with an increase of 44 % LaThe previous year is 14,778 Crore. He guided for sale La26 In the financial year, 20,000–22,000 Crore is a banking on a pipeline containing the next stage of the Super Luxury Dahlias project in Guru and the launch in Mumbai and Goa.
DLF has already achieved almost half La20,000-22,000 Crore sales guidance for 2025-26 in June end. DLF Clock LaIn June, 11,000 Crore, one of the reservations at Privana North, sold the entire project inventory within a week after the launch.
Solid sales La12,800 crore last year.
In FY25, DLF launched a super luxury project that lasted hours around Dahlias La13,744 Crore sales reservation in the last financial year.
Increased sales
In January-March quarter this year, 1,930 housing units were priced LaAccording to the CBRE, property consultancy, 4 crore and above in India were sold and an annual increase of 28%. Delhi-NCr created the biggest share of these sales and then Mumbai.
Property consultancy Knight Frank India, “Andheri is one of the biggest micro markets in which the largest brand developers in Mumbai already operate.


