DLF Returns to Mumbai with Premium Andheri Residential Project
Real Estate

DLF Returns to Mumbai with Premium Andheri Residential Project

Delhi-NCR based real estate major DLF announced its return to the Mumbai market on 17 July with the launch of its premium residential project, The WestPark, in Andheri. The first phase includes 416 apartments spread across four towers, with two towers launched on the announcement day. The company plans to invest over Rs 8 billion in the project and expects a topline exceeding Rs 20 billion from Phase 1.
“We have launched two towers and, given the strong response, plan to unveil the remaining two towers ahead of schedule, within the next few days,” said Aakash Ohri, Joint Managing Director of DLF Limited.
Phase 2, comprising an additional four towers, is slated for launch next year.
Spanning 10 acres, the development will offer a mix of 3 BHK and larger apartments ranging from 1,125 sq ft to 2,500 sq ft. In Phase 1, apartment prices range from Rs 40,000 to Rs 48,000 per sq ft. The project includes 845 dedicated car parking spaces and separate visitor parking facilities.
Amenities will feature a 50,000 sq ft clubhouse with a wellness hub, yoga studios, meditation decks, co-working spaces, lounges, and various lifestyle facilities.
DLF secured approval for this phase from the Maharashtra Real Estate Regulatory Authority (MahaRERA) last month. The approved phase will comprise 3, 4, and 5 BHK apartments, along with a limited number of studio units, as per MahaRERA’s portal. Apartment sizes range from 1,048 sq ft to 2,278 sq ft, while the five studio units measure approximately 236 sq ft each.
DLF announced its re-entry into Mumbai’s real estate market in July 2023. The WestPark is the company’s first project in the city, developed in partnership with the Trident Group under the Slum Rehabilitation Authority scheme.
DLF had previously acquired 17 acres of prime mill land in Lower Parel in 2005 at a National Textile Corporation auction for Rs 7.04 billion, the highest bid at that time. However, following the 2008 economic crisis, the company revised its plans and sold the land to Lodha (Macrotech Developers) for Rs 27 billion in 2012. 

Delhi-NCR based real estate major DLF announced its return to the Mumbai market on 17 July with the launch of its premium residential project, The WestPark, in Andheri. The first phase includes 416 apartments spread across four towers, with two towers launched on the announcement day. The company plans to invest over Rs 8 billion in the project and expects a topline exceeding Rs 20 billion from Phase 1.“We have launched two towers and, given the strong response, plan to unveil the remaining two towers ahead of schedule, within the next few days,” said Aakash Ohri, Joint Managing Director of DLF Limited.Phase 2, comprising an additional four towers, is slated for launch next year.Spanning 10 acres, the development will offer a mix of 3 BHK and larger apartments ranging from 1,125 sq ft to 2,500 sq ft. In Phase 1, apartment prices range from Rs 40,000 to Rs 48,000 per sq ft. The project includes 845 dedicated car parking spaces and separate visitor parking facilities.Amenities will feature a 50,000 sq ft clubhouse with a wellness hub, yoga studios, meditation decks, co-working spaces, lounges, and various lifestyle facilities.DLF secured approval for this phase from the Maharashtra Real Estate Regulatory Authority (MahaRERA) last month. The approved phase will comprise 3, 4, and 5 BHK apartments, along with a limited number of studio units, as per MahaRERA’s portal. Apartment sizes range from 1,048 sq ft to 2,278 sq ft, while the five studio units measure approximately 236 sq ft each.DLF announced its re-entry into Mumbai’s real estate market in July 2023. The WestPark is the company’s first project in the city, developed in partnership with the Trident Group under the Slum Rehabilitation Authority scheme.DLF had previously acquired 17 acres of prime mill land in Lower Parel in 2005 at a National Textile Corporation auction for Rs 7.04 billion, the highest bid at that time. However, following the 2008 economic crisis, the company revised its plans and sold the land to Lodha (Macrotech Developers) for Rs 27 billion in 2012. 

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code