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. 

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->