[Ruby_E_Template slug="buzzstream-header"]
Font ResizerAa
Brinks ReportBrinks Report
Search
  • Featured
  • Money Matters
  • Business
  • IPL
  • Technology
  • Automobile
  • Entertainment
  • Sports
  • More
    • People
    • World
    • Health and Wellness
    • Horoscope
  • Today’s News
Have an existing account? Sign In
Follow US
© 2024-2025 Brinks Report. All content, including text, images, and other media, is copyrighted.
BusinessSociety

DLF Sells All 416 Apartments in New Mumbai Project for Over ₹2,300 Crore

Ankita Das
Last updated: July 27, 2025 12:18 pm
Ankita Das

DLF, India’s top real estate company, has sold all 416 homes in its new Mumbai project called The Westpark. The homes, including luxury apartments and penthouses, were sold for over ₹2,300 crore within just one week of launch.

This project marks DLF’s return to the Mumbai market after staying away for several years due to a slowdown in the real estate sector.

The Westpark is located in Andheri West and is being developed by DLF Home Developers Ltd along with Trident Realty. Initially, the plan was to build two 37-storey towers, but due to high demand, DLF decided to add two more towers.

Homes were sold at an average price of ₹42,500 per square foot. Non-resident Indians (NRIs) bought about 20% of the homes. Three of the five luxurious penthouses were sold at ₹35 crore each, with a price of ₹70,000 per square foot.

Aakash Ohri, a senior executive at DLF, said the company was thrilled by the fast response and high demand. He said the success in Mumbai gives them confidence to do more projects in the city. “Mumbai is now an important part of our growth plans,” he added.

Before this, DLF saw similar success in Gurugram with projects like Privana West, Privana South, and The Dahlias, which together brought in over ₹26,500 crore in bookings in FY25 (financial year 2025).

What’s Next for DLF?

  • DLF plans to launch a new project in Goa between July and September.
  • The second phase of The Dahlias in Gurugram will be launched between January and March.

DLF was the second highest-selling real estate developer in FY25, just behind Godrej Properties. DLF recorded total bookings of ₹21,223 crore in FY25 — a 44% jump from the previous year.

In the current financial year (FY26), DLF is aiming to sell between ₹20,000 to ₹22,000 crore worth of properties. In fact, they’ve already reached half of this target in the first quarter, selling ₹11,000 crore worth of homes in their Privana North project, also sold out in a week.

Property demand in Mumbai remains strong. According to data, 75,672 properties were registered in Mumbai in the first half of 2025 — 4% more than the same period last year.

TAGGED:DLFLuxuryLivingMumbaiRealEstateWestpark
Previous Article Zelenskiy Appeals to European Leaders for Financial Aid to Pay Ukrainian Soldiers and Boost Military Recruitment Amid Ongoing War with Russia
Next Article Prithviraj Drops Big Reveal: Jr NTR’s Next Film with Prashanth Neel Titled ‘Dragon’—Tovino Thomas & Biju Menon to Play Pivotal Roles
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

You Might Also Like

Business

Blackstone-Backed Bagmane Plans ₹4,000-Crore REIT Launch in India

By Dolon Mondal
Reliance Industries
Business

Reliance Q1 Profit Up 76% on Asian Paints Stake Sale, Strong Retail Growth

By Dolon Mondal
BusinessWorld

TomTom to Lay Off 300 Employees Globally—Is AI Really Taking Over or Is There More to the Story?

By Ankita Das
Syngene International
BusinessEconomy

Syngene Shares Jump 2% After Strong Q4; Among Top Nifty Midcap 150 Gainers

By Dolon Mondal
[Ruby_E_Template slug="buzzstream-footer"]