DLF Unveils Mumbai and Goa Launches, Eyes ₹22,000 Cr Sales in FY26

DLF’s New Horizons: Mumbai and Goa Set for Landmark Launches

In a year marked by record-breaking sales and renewed ambition, DLF, India’s largest real estate developer, is poised to make a grand return to Mumbai and debut in Goa. The company has announced that the first phase of its much-anticipated Mumbai project will launch by June 2025, while its ultra-luxury Goa villas are set for the second half of the financial year.

A Return to Mumbai’s Skyline

After over a decade, DLF is re-entering Mumbai’s competitive real estate market with a landmark project in Andheri, developed in partnership with the Trident Group under the Slum Rehabilitation Authority (SRA) scheme. The first phase will span around 1 million square feet, offering premium 3 BHK and 3 BHK+ apartments, with prices expected between ₹5.5 crore and ₹7.5 crore. This project, initially announced in January 2024, reflects DLF’s commitment to transforming urban spaces and meeting the city’s growing demand for luxury living.

The journey back to Mumbai has been eventful. DLF’s earlier foray saw it acquire 17 acres of prime land in Lower Parel in 2005, only to sell it in 2012 after the economic downturn. Now, with approvals nearly in place, DLF is ready to shape Andheri’s skyline once more.

Goa’s Ultra-Luxury Villas on the Horizon

Simultaneously, DLF is preparing to enter the Goa market with an exclusive collection of 62 ultra-luxury villas, each priced between ₹40 crore and . Set in the scenic Reis Magos area, these villas promise unmatched luxury and privacy, targeting high-net-worth individuals and NRIs looking for a premium retreat.

Strong Demand, Stronger Ambitions

DLF’s leadership is confident about the robust demand for these projects. “There is a sizable demand for both the products, both here (Delhi) in Privana and in Mumbai, both from the micro-geographies, rest of the countries, as well as the NRIs,” said Aakash Ohri, Joint Managing Director. The company’s Privana projects in Delhi have already seen significant appreciation, trading at a premium of ₹2,500 to ₹4,000 per sq. ft.

Record Sales and Future Guidance

The momentum is unmistakable. DLF reported record sales bookings of ₹21,223 crore in FY25, a 44% jump from the previous year. Buoyed by this success, DLF has set a sales target of ₹20,000–22,000 crore for FY26, driven by strong demand for luxury homes in markets like Gurugram, Mumbai, and Goa.

A New Chapter for India’s Realty Giant

With a robust project pipeline and a clear focus on luxury and innovation, DLF’s upcoming launches in Mumbai and Goa mark a significant new chapter in its storied legacy. As approvals fall into place and demand continues to surge, these projects are set to redefine urban living and investment in two of India’s most coveted destinations.