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DLF Eyes Phase 2 Launch in Mumbai Project, Plans to Add Over 8 Lakh Sq Ft This Fiscal

DLF is planning to expand its presence in the Mumbai real estate market with the next phase of its maiden project, The Westpark. The company is preparing to launch Phase 2 in FY27, which will add around 8 lakh sq ft of new development. 

dlf-phase-2-launch-mumbai-project-8-lakh-sq-ft-fy27

Real estate major DLF is set to launch the second phase of its first Mumbai project, The Westpark, in FY27. This upcoming phase will add around 8 lakh square feet of residential space, strengthening the company’s position in Mumbai’s luxury housing segment.


After this phase, DLF also plans to add another 5 to 6 lakh square feet in the next fiscal year, based on updates shared during its investor and analyst call.


The company continues to expand its Mumbai strategy, supported by strong demand in premium locations like Andheri West.


Strong Demand for Phase 1 of The Westpark

DLF launched Phase 1 of The Westpark on July 17, 2025, which included four residential towers covering nearly 9 lakh square feet.


The response was very strong, and the entire inventory was sold within a few days. This helped the company generate around ₹2,300 crore in sales bookings.


The strong demand has encouraged DLF to speed up future project phases in Mumbai.


Project Overview: The Westpark Mumbai

The Westpark is a premium residential project spread across 10 acres in Andheri West, Mumbai. It is designed with modern planning, open spaces, and lifestyle-focused features.


The project offers 3 BHK and larger luxury apartments, with sizes ranging from 1,125 sq ft to 2,500 sq ft.


DLF has planned a total development pipeline of more than 5 million square feet of super built-up area for The Westpark, making it one of its most important Mumbai projects.


Expansion Plan and Future Phases

According to DLF management, the company has already launched around 9 lakh sq ft of super built-up area in Mumbai under The Westpark project.


The next phase of about 8 lakh sq ft will be launched in FY27. After that, another 5 to 6 lakh sq ft is planned for the following fiscal year.

DLF is also exploring additional development opportunities around the Westpark area to expand the project further.


The company is actively working with partners for more real estate projects in Mumbai, showing strong long-term commitment to the city.


DLF Re-entry Into Mumbai Market

DLF re-entered the Mumbai real estate market in July 2023 after several years. The Westpark in Andheri West is its first major project after this return.


The project is being developed with the Trident Group under the Slum Rehabilitation Authority (SRA) scheme, which supports redevelopment in urban areas.


Earlier, DLF had entered Mumbai in 2005 by acquiring 17 acres of land in Lower Parel for ₹704 crore. However, after the 2008 financial crisis, the company changed its strategy and later sold the land to Lodha (now Macrotech Developers) in 2012 for ₹2,700 crore.


DLF Launch Pipeline and Growth Outlook

DLF has a strong development pipeline for FY27. The company expects new launches across Gurugram, Mumbai, and Goa, with a total revenue potential of around ₹20,000 crore.


The company remains India’s largest real estate developer by market capitalization. It has completed more than 185 projects, covering over 352 million sq ft of developed area.


In FY26, DLF reported a slight rise in profit to ₹4,414.68 crore, compared to ₹4,366.82 crore in the previous year. Total income also increased to ₹9,816.04 crore from ₹8,995.89 crore in FY25.

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