On 25 July 2025, DLF Ltd announced in a regulatory filing that it had sold all 416 luxury apartments in the first phase of ‘The Westpark’ project in Andheri West, Mumbai. Prices ranged from Rs 4 crore to Rs 7.5 crore, and the units sold out in less than a week. This quick sale shows strong interest in luxury homes.
The project is developed by DLF Home Developers Ltd, a fully owned branch of DLF Ltd, in partnership with Trident Realty. They operate under a 51:49 joint venture. DLF had left Mumbai in 2012 but decided to return in July 2023 through this strategic partnership.
DLF’s re-entry into Mumbai is a major move. Aakash Ohri, the company’s Joint Managing Director and Chief Business Officer, called it a “key strategic milestone.” He added that the project was made to meet the needs of Mumbai’s wealthy buyers and fit into the company’s larger plan to expand across India. The five-acre site is part of a redevelopment project under the Slum Rehabilitation Authority, with a total investment of Rs 900 crore. Apartments were priced between Rs 42,000 and Rs 47,000 per sq ft, mainly targeting high-end buyers.
This successful launch marks a turnaround for DLF in Mumbai. The company tried to enter the city over two decades ago without much success. It bought land and entered some partnerships but struggled to make a mark. For example, in 2012, DLF sold 17 acres to Lodha Developers for Rs 2,700 crore. After that, DLF largely stayed away from the Mumbai housing market until last year.
This launch comes after a strong year for DLF nationwide. In FY25, the company set a record with Rs 21,223 crore in sales bookings, growing 44 percent from the year before. It has kept a target of Rs 20,000 to Rs 22,000 crore for this year. In June 2025, DLF sold out the ‘DLF Privana North’ project in Gurugram, with 1,164 units worth about Rs 11,000 crore. They will invest Rs 5,500 crore to develop that project over 17.7 acres. These two launches helped DLF reach over half its sales goal in just the first quarter of FY26.
Drafter’s net profit jumped to Rs 4,366.82 crore in FY25 from Rs 2,723.53 crore the year earlier. Revenue also rose, reaching Rs 8,995.89 crore, up from Rs 6,958.34 crore in FY24.
DLF has built more than 185 projects so far, covering over 352 million square feet. Its future plans include 280 million square feet of residential and commercial developments. The company also owns a portfolio of over 45 million square feet of rental property, which makes up part of its business in retail and office spaces.
The success of The Westpark in Mumbai helps show DLF’s strength in India’s high-end housing market. With over Rs 13,000 crore in sales already secured from two launches this fiscal year, the company is ready to keep its momentum going for the rest of the year.