Real estate major DLF said on July 25 that it has sold out the first phase of its first residential project in Mumbai, The Westpark in Andheri (West), which has 416 apartments of three and four bedrooms across four towers.
The sale carries a revenue potential of around Rs 2,300 crore.
“Mumbai has always been a key component of our national growth strategy, and with the launch of The Westpark, we are proud to offer a development that resonates with the aspirations of the city’s discerning residents,” said Aakash Ohri, joint MD and chief business officer at DLF.
Read More: DLF gives sales guidance of Rs 20,000-Rs 22,000 crore for FY26
The company is executing the project as a slum rehabilitation project in collaboration with Trident Realty. DLF is responsible for the sale component on a 5.18 acre land parcel, while the entire project, including the slum rehabilitation component, part of a 10 acre development.
Read More: Will look at Mumbai opportunities in "pragmatic" way: DLF after Westpark launch
Trident Realty is executing the slum rehabilitation process, including land clearance and construction of rehab units for existing slum dwellers. The first rehab units are in the process of being handed over to residents, the developers said.
This is being updated
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