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DLF sells ₹2,300 Cr worth luxury flats in Mumbai in week, Big comeback in market

DLF sells ₹2,300 Cr worth luxury flats in Mumbai in week, Big comeback in market

India’s largest real estate company, DLF Ltd, in partnership with Trident Realty, has completed a remarkable sale of all 416 luxury apartments at its Mumbai project. They generate ₹2,300 crore within just a week of the launch.

DLF trident sells ₹2,300 Cr flats in Mumbai

Developed under a Slum Rehabilitation Authority (SRA) scheme in Andheri West, The Westpark represents DLF’s return to the Mumbai market after more than ten years. In this partnership, DLF owns 51% and Trident owns 49%. They launched the first phase of the 5-acre project at a premium price of ₹42,000 to ₹47,000 per square foot. The apartments of this project costs between ₹4 crore and ₹7.5 crore.

“Mumbai has always been a key part of our national growth plan. With The Westpark, we are proud to offer a development that appeals to the desires of the city’s discerning residents,” said Aakash Ohri, Joint MD and Chief Business Officer of DLF Home Developers Ltd.

Biggest comeback in real estate market

The partners plan to invest ₹900 crore in building the project, which sold out in just days. This shows strong demand for luxury homes in India’s financial capital. Industry analysts shows that India’s real estate market is on way to touch US$1 trillion by 2030 and over US$10 trillion by 2047. Meanwhile, average housing prices, which rise 13–15% in FY25, are expected to record an additional 3–5% rise in FY26. It highlights sector’s sustained growth momentum.

This isn’t the first time DLF has seen success this year. Last month, it sold out 1,164 units in its Gurugram project DLF Privana North for around ₹11,000 crore.

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I'm Ved Prakash, Founder & Editor @Newsblare Media, specialised in Business and Finance niches who writes content for reputed publication such as Investing.com, Stockhouse.com, Motley Fool Singapore, etc. I'm the contributor of different... news sites that have widened my views on the current happenings in the world.

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