Archive · 25 Jul 2025
DLF Mumbai Project Phase 1 Sale Achieves Rs 2,300 Crore in Pre-sales
DLF, a big real estate company, sold a part of its new project in Mumbai, making a lot of money.
They teamed up with another company to build in Andheri West.
This first part has apartments, including big ones and fancy penthouses.
Many people from other countries bought these homes.
DLF's profits went up, showing the company is doing well despite some worries in the real estate market.
They plan to build even more projects in the future.
DLF completed the first phase of its Mumbai project, generating Rs 2,300 crore in pre-sales.
The project, a partnership with Trident Realty, is located in Andheri West and involves a slum rehabilitation initiative.
The initial phase includes four towers with 416 residences, including 3 and 4 BHK units and penthouses.
20% of the buyers are non-resident Indians, contributing to DLF's increased NRI sales.
DLF's net profit for the March quarter increased by 37%, with consolidated revenue at Rs 8,996 crore.
- Who
- DLF
- What
- DLF completed the first phase of its Mumbai project sales.
- When
- The first phase of sales was completed recently with a quick sell-out in five days and the fiscal year saw significant financial growth.
- Where
- Andheri West, Mumbai
- Why
- To expand its footprint and capitalize on market demand.
DLF Performance
Industry Trends
Market Trends
DLF Performance
DLF's performance stands out, showing resilience in the market.
Industry Trends
Some industry reports indicate a downturn in property sales.
- Pre-sales Revenue
- Rs 2,300 crore
- Project Location
- Andheri West, Mumbai
- Total Residences (Phase 1)
- 416
- Unit Sizes
- 3 and 4 BHK, Penthouses
- NRI Buyers
- 20%
- Net Profit (March Quarter)
- Rs 1,268 crore
- Consolidated Revenue
- Rs 8,996 crore