DLF Limited , India's largest listed real estate company, has made a spectacular entry into Mumbai's residential market with its new project 'The Westpark'. The development has already generated over ₹2,300.00 crore in sales, marking a significant milestone for the real estate giant.

Strong Demand and Swift Sellout

DLF Home Developers Ltd., a wholly-owned subsidiary of DLF Ltd., in partnership with Trident Realty, announced the complete sellout of all four towers launched as part of Phase 1 of 'The Westpark'. The project, located off Link Road in Andheri West, Mumbai, experienced overwhelming demand, with the entire inventory of Phase 1 selling out in less than a week.

Project Details

'The Westpark' is a landmark residential development spanning approximately 5.18 acres, part of a larger 10-acre master plan. Key features of the project include:

• Eight architecturally distinctive towers (four in Phase 1)
• 37-storey towers offering a total of 416 residences in Phase 1
• A mix of 3 and 4 BHK residences ranging from ~1,125 to ~2,500 sq. ft. (carpet area)
• Limited number of exclusive penthouses
• 845 dedicated car parking spaces in Phase 1

World-Class Design and Amenities

The project boasts an impressive lineup of international design expertise:

• Architecture by HB Design
• Structural expertise from Thornton Tomasetti
• Interiors by BLINK
• Landscaping by SHMA

Residents will enjoy a host of premium amenities, including:

• A ~6,000 sq. metre landscaped podium called the 'Eco Deck'
• A signature 25-meter pool
• A ~50,000 sq. ft. lifestyle and wellness hub
• Fitness and yoga studios, meditation decks, and co-working spaces
• Private bowling alley, VR gaming zones, and an indoor badminton court
• Half Olympic-size swimming pool and a ~1.2-kilometre walking track

Strategic Location and Connectivity

'The Westpark' is strategically located in Andheri West, offering excellent connectivity:

• Close proximity to Western Express Highway, SV Road, and New Link Road
• Easy access to upcoming developments like the elevated JVLR and Coastal Road
• Walking distance from metro stations

Management's Perspective

Aakash Ohri, Joint Managing Director and Chief Business Officer of DLF Home Developers Ltd., commented on the success: "Our entry into Mumbai represents a significant strategic milestone for DLF. We are both humbled and gratified by the overwhelming response, with the inventory for Phase 1 of the project being completely sold out in less than a week, a remarkable outcome in a market typically characterised by gradual absorption."

The success of 'The Westpark' not only marks DLF's strong entry into Mumbai's residential market but also highlights the company's ability to deliver premium residential offerings that resonate with discerning homebuyers. This project is set to become a benchmark for luxury living in Mumbai, combining world-class design, strategic location, and comprehensive amenities.

DLF Returns to Mumbai After a Decade

DLF Ltd , one of India's leading real estate developers, is making a significant comeback to the Mumbai property market after a ten-year hiatus. The company has announced the launch of 'The Westpark', a premium residential project in the bustling neighborhood of Andheri West.

Project Details

'The Westpark' offers a range of luxurious apartments designed to cater to the discerning Mumbai homebuyer. Key features of the project include:

• Location: Andheri West, a prime area in Mumbai
• Apartment Sizes: Carpet areas ranging from 1,126 to 1,511 square feet
• Pricing: ₹4.20 crore to ₹7.20 crore

Strategic Pricing

DLF's pricing strategy for 'The Westpark' has caught the attention of market analysts. The company has positioned the project competitively, with prices starting at ₹4.20 crore for the smallest units and going up to ₹7.20 crore for the larger apartments. This pricing is considered aggressive for the Mumbai market, especially given the project's location in Andheri West.

Market Expectations

Industry experts are optimistic about the project's reception. The combination of DLF's brand reputation, the project's prime location, and its competitive pricing is expected to generate strong interest among potential buyers. Analysts anticipate a robust response to the launch, which could signal a successful re-entry for DLF into the Mumbai real estate scene.

Significance of the Launch

This launch marks a pivotal moment for DLF Ltd:

1. Market Re-entry: It represents DLF's return to Mumbai after a decade, potentially opening up new growth opportunities in one of India's most lucrative real estate markets.
2. Portfolio Expansion: 'The Westpark' adds a premium Mumbai project to DLF's extensive portfolio, strengthening its presence in key metro cities.
3. Market Sentiment: The project's success could serve as an indicator of the overall health and demand in Mumbai's high-end residential real estate sector.

As 'The Westpark' hits the market, all eyes will be on DLF to see how this strategic move unfolds in the competitive Mumbai real estate landscape.