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. 

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