Mumbai: DLF, India’s largest listed real estate developer, has received RERA approval for its first premium residential project in Mumbai, marking a significant milestone in the company’s westward expansion. The project, located in the upscale suburb of Andheri, is expected to be launched within the next two weeks.
According to the MahaRERA filings, the development will feature spacious 3, 4, and 5 BHK residences, offering high-end amenities and premium specifications. DLF has received approvals for Phase 1 of the project, which comprises approximately 416 units spread across four towers.
The project is being developed by DLF in partnership with Trident Realty. According to details available on the MahaRERA portal, the project will offer 3, 4, and 5 BHK apartments ranging from 1,048 sq. ft. to 2,278 sq. ft. The four RERA-approved towers are planned on a plot spanning 7,788 sq. metres, with the proposed completion date set for June 2032.
The homes are expected to be priced between ₹5 crore and ₹7 crore, catering to Mumbai’s discerning premium homebuyers. The project will be launched in phases, with Phase 1 kicking off the entry of the Delhi-headquartered developer into Mumbai’s competitive luxury real estate market. This marks a strategic shift for DLF, as it looks to establish a strong foothold in India’s financial capital, after dominating the NCR luxury housing space for decades.
This move is well-timed, riding on the momentum of DLF’s recent successes across other key Indian markets. Privana North in Gurugram, launched in FY25, sold out 1,164 luxury apartments (1,152 four‑BHKs and 12 penthouses) worth approximately ₹11,000 crore in just a week, marking DLF’s tallest towers to date and one of India’s fastest luxury sell‑outs.
DLF achieved record-high sales bookings of ₹21,223 crore in FY25, marking a 44% increase from ₹14,778 crore in FY24. Looking ahead, the company has set a sales guidance of ₹20,000 crore to ₹22,000 crore for FY26, in line with its robust FY25 performance, of which DLF reported achieving nearly half of it within Q1 itself, powered by Privana North. To sustain this momentum and meet growing demand for luxury housing, DLF plans to launch residential projects worth over ₹17,000 crore in FY26.
