DLF Limited, a name synonymous with luxury real estate in India, is in the headlines once again, but this time it’s for its most-awaited project in Mumbai, you have heard it right! After capturing and excelling in Delhi and gurugram real estate markets with projects such as DLF Camellias, DLF Dahlias etc. DLF is all set to acquire Mumbai’s real estate market with the launch of its ultra-luxury residential project named DLF Andheri West. This is a partnership project with the Trident Group under the Slum Rehabilitation Authority. DLF is anticipating all the required approvals soon and is planning to launch this by the end of Q4 FY 2024-2025. 

DLF’s Re-entry into Mumbai Property Market

In 2005, DLF purchased 17 acres of prime mill land in Lower Parel at a National Textile Corporation auction for ₹704 crore, the highest bid till then. DLF then changed its plans post the 2008 economic crisis and sold the land to Lodha or Macrotech Developers for ₹2,700 crore in 2012. DLF had announced its return to the Mumbai real estate market in July 2023. This luxury real estate giant of India is all set to re-enter into the Mumbai property market with its new launch in one of the most sought-after locations of Mumbai, Andheri West. 

DLF Andheri West

This Andheri (West) project caters to the high-class inhabitants of the city and is made of 3BHK, as well as 3BHK plus. Price starts at around ₹6 crores up to ₹8 crores for each unit, where it defines luxurious living at an entirely different level in the metropolitan city.

DLF would have 51 percent of the holding stake in SPV, which would look after the project, its development, sales, and financial closing. This will enable the development to benefit from DLF’s three-decade expertise in building world-class real estate developments.

Project size and development

This project will be placed among one of the city’s biggest residential developments. DLF has planned to launch this project in different phases. The 1st phase will be approximately 1 million sq. ft. The further phases will see a launch of approximately 5 million sq. ft. This project will mark the return of DLF in Mumbai. 

Statements From DLF Leadership 

MR. Ashok Kumar Tyagi (CEO of DLF Limited) has shared his optimism towards the reentry of DLF in mumbai market, In his statement he said “ We are expecting approvals from the Mumbai authorities in the coming weeks, Once we’ll have all the required approvals, we will move forward with this luxurious launch which is set to change the sky line of Mumbai and to provide a new standard of living to the city.” 

Mr. Aakash Ohri, Joint Managing Director and Chief Business Officer at DLF Limited, emphasizes the growing demand for luxury housing in Mumbai. He said, “HNI’s are excited about this new launch of DLF, Mumbai has been eagerly waiting for a launch like this, and I am certain it will set new benchmarks in luxury real estate, reinforcing our legacy and excellence.”

Why It Matters

This new luxury condominium launched by DLF in Andheri West will not just be another residential project, but the declaration of DLF’s legacy and vision in itself. With its prime location, state-of-the-art architecture, and DLF’s reputation for excellence, the project is set to be a benchmark for future projects in the city.

Key Takeaways

  • Location: The location of this new launch of the DLF project is Andheri (West), which is one of the most coveted areas of Mumbai. 
  • Luxury Apartments: The sizes of these DLF Mumbai apartments will range from 3 BHK to 3 BHK + with prices between ₹6 crore – ₹8 crore.
  • DLF Mumbai Project Size: This project would be divided into phases. The 1st phase would be approximately 1 million sq. ft. and may extend beyond 5 million sq. ft. in the coming phases. 
  • DLF’s Stake: The SPV would hold 51% of the shares, responsible for construction, sales, and financial closure.
  • Launch Timeline: By the end of Q4 FY 2024-25.

Conclusion

DLF’s Andheri (West) Luxury Housing is going to redefine the luxury living experience in Mumbai. Located with unmatched grandeur, state-of-the-art designs, and DLF’s unmatched expertise, this development will stand as a landmark in the city’s real estate market. Watch out for the official launch later this year!

FAQs

Q. What is DLF Andheri West and where is it located?

DLF Andheri West is an upcoming ultra luxury project offering spacious 3-4 BHK high rise apartments with a luxury clubhouse having multiple lifestyle amenities, It is located in Andheri West Mumbai in an approximately 5 million sq. ft. of land parcel. 

Q. What are the location advantages of DLF Andheri West? 

Andheri West is one of the most coveted locations of Mumbai, offering quick access to major social infrastructure and corporate hubs. It offers excellent connectivity to Powai, Bandra Kurla Complex, Goregaon, etc. Good proximity to Oshiwara Metro Station and Andheri Railway Station significantly helps individuals in their daily commute. All the top hospitals, Malls, and schools are nearby as well, making it a fine choice for individuals who want to live a life of luxury and ease. 

Q. What amenities are Available in DLF Andheri West, Mumbai? 

This is the most-awaited project of DLF Limited in Mumbai. The location they have chosen is speaking luxury in itself. DLF is all set to provide the residents with the best-in-class amenities in DLF Andheri West. Residents will enjoy a large luxury clubhouse with amenities such as temperature-controlled swimming pools, kid’s play area, a spa & sauna, a multipurpose hall, gymnasium, an indoor & outdoor sports complex, concierge services, yoga zones, and so much more. The list just goes on.

Q. How does DLF Andheri West Mumbai promote green living and sustainability within its residential community? 

DLF Andheri West will be a huge project with a total land parcel of approximately 5 million sq. ft. Residents will enjoy Eco-friendly infrastructure (rainwater harvesting, on-site waste management systems, STP recycling), Energy efficiency by creating energy efficient building systems and by the use of solar power and LED lighting. Water conservation and air filtration systems are also expected in this project. Sources also mention that this project will significantly dedicate 18 acres of land parcel to large green areas, creating a healthier & more eco-friendly environment for the residents of DLF Andheri West.