DLF The Westpark Phase 1 Sells Out All 416 Units for ₹2,300 Crore in Under a Week
DLF Returns to Mumbai's Residential Market with Record Phase 1 Sellout
DLF Home Developers, a 100% subsidiary of DLF, through its subsidiary in partnership with Trident Realty, announced the complete sellout of all four towers launched as part of Phase 1 of The Westpark, a landmark residential development located off Link Road, Andheri West, Mumbai. The inventory for Phase 1 of the project has been completely sold out in less than a week, a remarkable outcome in a market typically characterised by gradual absorption.
DLF has announced the successful sale of the first phase of its Mumbai project, generating pre-sales revenue of Rs 2,300 crore. The speed and volume of this response underscores the depth of demand for premium residential offerings in Mumbai's western suburbs.
The Project and Its Scale
The initial phase introduced four towers, each with 37 storeys, offering a total of 416 residences. The Westpark development, spread over 5.18 acres as part of a larger 10-acre master plan, includes plans for eight towers. Initially, DLF launched only two of the four planned towers, but due to exceptional demand, the company brought all four towers to market, resulting in the sellout of all 416 units.
The homes include a select mix of spacious 3 and 4 BHK residences ranging from ~1,125 to ~2,500 sq. ft., (carpet), along with a limited number of exclusive penthouses. The first phase of the 5-acre project was launched at a premium pricing of ₹42,000–₹47,000 per sq ft, with apartments priced between ₹4 crore and ₹7.5 crore.
Re-entry Into Mumbai After More Than a Decade
This swift sellout marks DLF's entry into Mumbai's residential real estate market and highlights the company's strategic expansion into key regions across western India. DLF's entry into the Mumbai residential market comes over a decade after it exited its earlier investment in the city. In 2005, DLF had acquired 17 acres of mill land in Lower Parel from the National Textile Corporation for ₹704 crore. However, following the 2008 global financial crisis, the company sold that land to Lodha Group (now Macrotech Developers) in 2012 for ₹2,700 crore, marking its retreat from Mumbai's property market.
In July 2023, DLF secured a 51% stake in the special purpose vehicle (SPV) set to develop approximately 3.5 million square feet in Andheri West, Mumbai. The first phase of this project involves the development of around 900,000 square feet as part of a slum rehabilitation initiative, with additional land expected to become available gradually.
Market Demand and Buyer Profile
Of the total sales, approximately 20% of the bookings came from Non-Resident Indians (NRIs) originally from Mumbai. According to DLF, these sales followed overseas marketing campaigns across Kuwait, the US, UK, and Singapore. The company reported a strong response not only from NRIs but also from homebuyers based in South Mumbai, Nanded, Pune, Gujarat, and other cities.
Many potential buyers in Mumbai expressed a preference for larger 3 BHK units. The company is expected to incorporate these changes in the next phase of the project.
Andheri West: Strategic Location and Infrastructure
Strategically located off Link Road in Andheri West, the project offers excellent connectivity to key routes such as the Western Express Highway, SV Road, and New Link Road. It is also well-connected to existing and upcoming metro corridors, the coastal road project, and the proposed elevated JVLR extension, making it one of the most accessible locations in suburban Mumbai. Andheri West, in particular, has been one of the more stable micro-markets, supported by its connectivity, social infrastructure, and ongoing Metro expansion.
Amenities and Community Features
Residents will have access to a 50,000 square foot clubhouse, a 6,000 square meter landscaped podium called the Eco Deck, and an array of lifestyle offerings such as a half-Olympic swimming pool, bowling alley, badminton courts, co-working spaces, VR gaming zones, and a 1.2 km walking track. Phase 1 alone includes 845 dedicated car parking spaces.
DLF's Track Record and National Presence
DLF Limited (formerly Delhi Land & Finance) is an Indian commercial real estate development company. It was founded by Chaudhary Raghavendra Singh in 1946, and it is based in New Delhi, India. DLF Ltd. is the largest real estate developer in India with more than 73 years of experience in the realty sector.
The company posted a record ₹21,223 crore in sales bookings in FY 2024–25, a 44 percent increase over the previous year. With the Mumbai debut now complete, DLF aims to sustain its momentum with an FY 2025–26 sales target of ₹20,000 to ₹22,000 crore.
Next Phase and Expansion Plans
DLF is now preparing for Phase 2 of the project, which is expected to launch in mid-2026, subject to regulatory clearances. The swift absorption of Phase 1 sets a foundation for scaled-up launches in the coming phase, as the market response validates both the product offering and location strategy in Andheri West.