Sensex

up-green-arrow

Nifty

up-green-arrow

USDINR

down-red-arrow

GBPINR

down-red-arrow

EURINR

down-red-arrow

Company News

DLF Ltd
DLF first project in Mumbai see strong demand; clocks over Rs 2,300 crore in sales
Jul 25,2025

This aforesaid residential project is located off Link Road in Andheri West, Mumbai. The project has recorded over Rs 2,300 crore in sales in its initial launch period.

'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,” the company said.

The Westpark spans about 5.18 acres in area and is part of a larger 10-acre master plan. The project will feature eight towers. In Phase 1, four 37-storey towers have been launched, offering a total of 416 homes. These include a mix of 3 and 4 BHK apartments with carpet areas ranging from approximately 1,125 to 2,500 square feet, along with a limited number of exclusive penthouses.

Aakash Ohri, joint managing director and chief business officer, DLF Home Developers, said: “Our entry into Mumbai marks a key strategic milestone for DLF. In partnership with Trident Realty, we launched a premium residential project that embodies DLF’s core values of quality, community living, and design excellence.”

He further said that the company was humbled by the overwhelming response, with all units in Phase 1 selling out in less than a week—an uncommon achievement in a market typically marked by gradual absorption. Although the company had initially launched only two towers, exceptional demand led them to release all four, resulting in the complete sellout of 416 units.

DLF is primarily engaged in the business of development and sale of residential properties and the development and leasing of commercial and retail properties. It has developed more than 185 real estate projects and developed an area more than 352 million square feet (approx.).

The real estate giant reported a 37% year-on-year rise in consolidated net profit to Rs 1,268 crore for the quarter ended March 2025. Revenue from operations also surged 46% to Rs 3,128 crore compared to Q4 FY24.

The scrip rose 0.41% to currently trade at Rs 832.35 on the BSE.

Attention Investor :

"Prevent unauthorised transactions in your account ; Update your mobile numbers/email IDs with Us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day” - Issued in the interest of Investors"

"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

"No need to issue cheques by investors while subscribing to Equity IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

A Muthoot M George Enterprise