**DLF Achieves Major Success with Mumbai Project Sales**
DLF Home Developers Ltd has successfully sold all apartments in its Mumbai project, generating over ₹2,300 crore in sales. This marks a significant comeback for DLF in India’s financial capital. The company sold all 416 units, including apartments and penthouses, in the first phase of The Westpark project located in Andheri (West), Mumbai. The sales commenced last week and were completed within just one week.
Initially, DLF launched The Westpark with two 37-storey towers, but due to overwhelming demand, the company decided to add two additional towers. The project is being developed in collaboration with Trident Realty, based in New Delhi. The entire inventory was sold at an average price of ₹42,500 per square foot, with non-resident Indians accounting for approximately 20% of the sales. Notably, three of the five penthouses were sold for ₹35 crore each, priced at around ₹70,000 per square foot.
Aakash Ohri, joint managing director and chief business officer of DLF Home Developers, expressed his excitement about the strong demand for the project, stating, “The Mumbai launch was important for DLF, and this gives us confidence to do more in the city.” This project signifies DLF’s return to Mumbai after a long hiatus due to a previous market slowdown.
Ohri emphasized the importance of Mumbai in DLF’s national growth strategy, noting that customers appreciated the product offerings and amenities, as well as the brand’s reputation. He assured that DLF is committed to maintaining a presence in the Mumbai market.
The success of The Westpark follows DLF’s rapid sales in Gurugram, where projects like DLF Privana West and Privana South collectively generated ₹12,800 crore last year, along with the super-luxury project The Dahlias, which achieved approximately ₹13,744 crore in sales bookings for FY25.
Looking ahead, DLF plans to launch a significant project in Goa during the current July-September quarter, with the second phase of The Dahlias set to debut in the January-March quarter. DLF was the second highest-selling developer in FY25, following Godrej Properties Ltd, reporting record sales bookings of ₹21,223 crore, a 44% increase from the previous year. The company anticipates sales of ₹20,000-22,000 crore in FY26, supported by a robust pipeline that includes upcoming launches in Mumbai and Goa.
In the June-ended quarter, DLF achieved about half of its targeted sales for FY26, with ₹11,000 crore generated from bookings in Privana North, which sold out within a week of its launch. According to Anarock Property Consultants, Mumbai recorded 75,672 property registrations in the first half of the year, reflecting a 4% increase from the same period last year.
**FAQ**
**What is the significance of DLF’s recent sales in Mumbai?**
DLF’s recent sales in Mumbai signify a strong demand for real estate in the area, marking the company’s successful return to the market after years of absence. The rapid sales reflect confidence in DLF’s offerings and brand value, positioning the company for future growth in the region.
