Real estate giant DLF on Friday said its first Mumbai project in over seven years has garnered massive interest from buyers. Phase 1 of ‘The Westpark’ residential development, located off Link Road in Andheri West, Mumbai, has sold out in less than a week. The project is part of a slum rehabilitation initiative the Gurugram-based company is executing in partnership with Trident Realty.
The now sold-out section of the project was launched earlier this month and comprises 3 and 4 BHK flats across four 37-storey buildings, spread over 5.18 acres. In total, there are 416 housing units ranging from about 1,125 to 2,500 sq. ft. (carpet area), along with a limited number of penthouses.
"Initially, we launched only two of the four planned towers, but due to exceptional demand, we brought all four towers to market, resulting in the sellout of all 416 units,” said Aakash Ohri, Joint Managing Director and Chief Business Officer of DLF Home Developers Ltd, a subsidiary of DLF Limited.
Located in Andheri West, Mumbai, the project is part of a 10-acre slum rehabilitation project under the Slum Rehabilitation Authority (SRA). The full development is expected to generate over ₹10,000 crore in sales, at approximately ₹42,500 per sq. ft. The project includes eight towers with a total saleable area of 2 million sq. ft.—0.9 million in Phase 1 and 1.1 million in later phases. The overall scheme covers about 4,500 original residents, with roughly 2,500 already rehoused in newly constructed towers. The rehabilitation units are compact, around 300–350 sq. ft.
DLF has initially invested around ₹400–900 crore and on Friday said it expects to clock about ₹2,300 crore in revenue from Phase 1 alone.
On July 20, JM Financial said in a report that the company had already received over 250 expressions of interest (EOIs) for the project.
“This could be yet another sell-out in the making. Over the next 10–12 days, allotments will be made to these customers,” the brokerage noted.
This project marks DLF’s return to Mumbai after a seven-year hiatus. In 2012, the company exited the city to reduce debt, selling a prime 17-acre plot in Lower Parel to Lodha Developers (then Macrotech Developers) for ₹2,700 crore.
DLF’s current residential portfolio spans cities like Gurugram, Lucknow, Chandigarh, Panchkula, Kochi, Chennai, and Delhi—now joined by its new Mumbai venture.
“Mumbai has always been a key component of our national growth strategy, and with the launch of The Westpark, we are proud to offer a development that resonates with the aspirations of the city’s discerning residents. In collaboration with Trident Realty, we have introduced a premium residential offering that reflects DLF’s hallmark values of quality, community living, and design excellence built over our 78-year legacy,” said Ohri.