DLF Plans Additional Phases at The Westpark, Mumbai — Over 8,00,000 Sq Ft of New Inventory in Pipeline
DLF Accelerates The Westpark Expansion in Andheri West
India's largest listed real estate developer DLF is deepening its presence in Mumbai with the launch of the next phase of its residential project, The Westpark, in Andheri West. Following strong response to the project's first phase, the company plans to launch approximately 800,000 square feet of residential space during FY27, with an additional 500,000–600,000 square feet planned in the subsequent fiscal year.
Scale and Pipeline Depth
According to the company's management commentary during its latest earnings call, The Westpark currently represents a development pipeline of more than 5 million square feet of super area. With only about 900,000 square feet launched so far, a significant portion of the project remains available for future development, providing DLF with a long-term growth platform in Mumbai.
Product Positioning
The Westpark, spread across a 10-acre site in Andheri West, is being developed as a large-scale residential community comprising three-bedroom and larger apartments. Unit sizes range from approximately 1,125 square feet to 2,500 square feet, catering to affluent homebuyers seeking spacious homes in one of Mumbai's most established residential locations.
Phase 1 Momentum
In Phase 1, DLF launched four towers spanning around 900,000 sq ft. The entire inventory was sold out within days, generating nearly ₹2,300 crore. The launch took place on July 17, 2025, and includes the first phase of development on a strategically located 5.18-acre plot in Oshiwara, just off the Andheri Link Road and in close proximity to the Oshiwara Metro Station.
Strategic Location and Connectivity
Its position along the Andheri Link Road ensures connectivity to both the Western Express Highway and the Versova-Ghatkopar Metro corridor. Proximity to business hubs such as Lokhandwala, Goregaon, and Jogeshwari, as well as key transport infrastructure like the Oshiwara railway station and Metro Line 2A, adds to its appeal for working professionals and investors alike.
Broader Growth Framework
The Mumbai launches form an important component of DLF's wider residential expansion strategy for FY27. The company has outlined a launch pipeline across Gurugram, Mumbai, and Goa with a combined revenue potential of approximately ₹20,000 crore, highlighting its confidence in demand across key housing markets.
Beyond the planned launches, the company is also exploring opportunities to expand the project's footprint. Management indicated that discussions are underway regarding additional development opportunities in and around the Westpark area, reflecting DLF's intention to build a larger residential ecosystem over time.
Market Context
Mumbai's housing market has witnessed sustained demand in the premium and luxury segments over the past few years, driven by rising incomes, infrastructure improvements, and increasing preference for branded developments. Developers with strong execution capabilities and established brand equity have particularly benefited from this trend.
DLF's Re-entry After a Decade
DLF had earlier announced its re-entry into the Mumbai market in July 2023. The company had been absent from Mumbai's housing sector since the early 2010s, after it sold its prime land parcel in Lower Parel to Lodha Group in 2012 for ₹2,700 crore. The Westpark is being developed under a joint venture with the Trident Group as part of a Slum Rehabilitation Authority (SRA) redevelopment scheme.
Financial Strength
DLF achieved zero gross debt well ahead of expectations, with the company reporting a net cash position of ₹11,660 crore as of the end of the quarter. DLF Limited's Board approved the audited financial results for the quarter and year ended March 31, 2026, reporting a consolidated net profit of ₹4,414.68 crore for FY26.