DLF's Mumbai Comeback: Luxury Living Returns After 13 Years

DLF Ltd., India’s largest real estate developer, is poised to make its long-awaited return to Mumbai with the launch of a premium residential project scheduled for July 2025. This marks the company’s first project in the financial capital in over 13 years, reflecting its renewed strategy to expand into high-growth urban markets.

“We'll be launching the Mumbai project in July,” confirmed Aakash Ohri, Joint Managing Director at DLF. He noted that the Mumbai market offers immense potential, aligning with DLF’s broader focus on tapping affluent, urban demand centers.

The upcoming development will feature eight residential towers, to be constructed in two phases. Apartments are expected to be priced starting at ₹5 crore (approximately $600,000), underscoring the project’s premium positioning, according to details shared on the company’s website.

DLF’s re-entry into Mumbai follows its recent success near New Delhi, where it recorded luxury home sales worth approximately $130 million in a single project. The move comes amid early signs of moderation in India’s real estate boom, with rising property prices and a high base contributing to a potential slowdown in sales velocity across key markets.

News by Rahul Yelligetti.