New Delhi, Nov. 3 -- DLF's re-entry into Mumbai was seen as a litmus test for the Gurugram-focused realty firm. While Mumbai is a high-value real estate market, it is also intensely competitive given the presence of large, established developers. A healthy response to phase one of its maiden project, The Westpark in Mumbai's Andheri, suggests DLF has passed the test, for now. The project, a slum rehabilitation development, is being executed in joint venture with the Trident Group.
Housing units worth Rs.2,300 crore in this project were fully sold out within a week of its July launch, contributing significantly to DLF's pre-sales for the September quarter (Q2FY26), which jumped over sixfold year-on-year to Rs.4,332 crore.
Absorption at i...
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