After a gap of some time, DLF is in news. The company, today morning announced that its 100% subsidiary, DLF Home 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.

This 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.

Westpark spans 5.18 acres and is part of a larger 10-acre master plan. The development will comprise eight architecturally distinctive towers, with the first phase introducing four towers, each rising 37 storeys and offering a total of 416 residences. 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.

Given DLF’s brand premium and the luxury positioning (high-rise towers, 3–4 BHK, penthouses, exclusive amenities), the pricing is expected to be:

• Rs.48,000 – Rs.60,000/sq. ft. carpet; assume average price of around Rs.52,000/sq.ft
• Larger configurations and higher floors with cityscape views or terraces could command premiums up to Rs.65,000/sq. ft.

This projects a strong visibility for revenue recognition in FY26–FY27.

The market has given this development a tepid reaction; from its close of Rs.828.95, it opened today at Rs.829.25 and rose to an intraday high at Rs.836, around 1% up but is now trading in the red at Rs.828.