India, Feb. 4 -- Real estate major DLF is hoping to receive approvals for its maiden project in Mumbai in the next few weeks, Ashok Kumar Tyagi, Managing Director, DLF Limited, informed investors during a recent call.

"...three projects, Goa, Mumbai and Privana Phase 3, are all under the approval process. Our current reading of it is that it looks like the Mumbai approval should come hopefully in the next few weeks, and we should be able to launch it. And the other two projects could overflow into the next quarter," Tyagi said while replying to a question on the project launch pipeline.

"But again, while we have to report on a quarterly basis, this is not, unfortunately, a business which is executed on a quarterly basis. So, our three p...