DLF has re-entered the Mumbai market and will invest around Rs 900 crore to develop a luxury housing project at Andheri (West). The total sales realisation will be around Rs 2,300 crore. The company plans to sell around 200 units and the company might sell the entire 416 units in case of high demand.
In July 2023, DLF had announced its re-entry in the Mumbai market with plans to develop a luxury housing project in Mumbai in partnership with NCR-based builder Trident group. The company has launched a luxury housing project 'Westpark' in Mumbai comprising 416 apartments. The company has launched this 5.18-acre project in a price range of Rs 42,000 per sq ft to Rs 47,000 per sq ft. It is selling flats in a range of Rs 4 crore to Rs 7.5 crore.
DLF is one of India's biggest property developers. The company’s primary business is development of residential, commercial and retail properties. The company has a unique business model with earnings arising from development and rentals.
| Company Name | CMP |
|---|---|
| Lodha Developers | 838.50 |
| Dilip Buildcon | 450.80 |
| DLF | 586.35 |
| Oberoi Realty | 1690.00 |
| Ahluwalia Contract(I | 884.05 |
| View more.. | |
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