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Lodha Developers Ltd rose 1.96% today to trade at Rs 1224.95. The BSE Realty index is up 0.21% to quote at 7086.69. The index is down 8.08 % over last one month. Among the other constituents of the index, DLF Ltd increased 0.25% and Prestige Estates Projects Ltd added 0.23% on the day. The BSE Realty index went down 17.02 % over last one year compared to the 0.9% fall in benchmark SENSEX.
Lodha Developers Ltd has lost 13.86% over last one month compared to 8.08% fall in BSE Realty index and 4.09% drop in the SENSEX. On the BSE, 4986 shares were traded in the counter so far compared with average daily volumes of 1.1 lakh shares in the past one month. The stock hit a record high of Rs 1534.25 on 09 Jun 2025. The stock hit a 52-week low of Rs 1036 on 17 Mar 2025.
DLF Home Developers, a 100% subsidiary of DLF, through its subsidiary in partnership with Trident Realty, announced the complete sellout of all four towers launched as part of Phase 1 of ‘The Westpark', a landmark residential development located off Link Road, Andheri West, Mumbai. This swift sellout marks DLF's entry into Mumbai's residential real estate market and highlights the company's strategic expansion into key regions across western India.
Located in one of Mumbai's most vibrant neighbourhoods, The Westpark spans ~5.18 acres and is part of a larger ~10-acre master plan. The development will comprise eight architecturally distinctive towers, with the first phase introducing four towers, each rising 37 storeys and offering a total of 416 residences. The homes include a select mix of spacious 3 and 4 BHK residences ranging from ~1,125 to ~2,500 sq. ft., (carpet), along with a limited number of exclusive penthouses.
“Our entry into Mumbai represents a significant strategic milestone for DLF,” said Aakash Ohri, Joint Managing Director and Chief Business Officer, DLF Home Developers Ltd. “Mumbai has always been a key component of our national growth strategy, and with the launch of The Westpark, we are proud to offer a development that resonates with the aspirations of the city's discerning residents. In collaboration with Trident Realty, we have introduced a premium residential offering that reflects DLF's hallmark values of quality, community living, and design excellence built over our 78-year legacy. We are both humbled and gratified by the overwhelming response, the inventory for Phase 1 of the project has been completely sold out in less than a week, a remarkable outcome in a market typically characterised by gradual absorption. Initially, we launched only two of the four planned towers, but due to exceptional demand, we brought all four towers to market, resulting in the sellout of all 416 units.”
This aforesaid residential project is located off Link Road in Andheri West, Mumbai. The project has recorded over Rs 2,300 crore in sales in its initial launch period.
'This swift sellout marks DLF’s entry into Mumbai’s residential real estate market and highlights the company's strategic expansion into key regions across western India,” the company said.
The Westpark spans about 5.18 acres in area and is part of a larger 10-acre master plan. The project will feature eight towers. In Phase 1, four 37-storey towers have been launched, offering a total of 416 homes. These include a mix of 3 and 4 BHK apartments with carpet areas ranging from approximately 1,125 to 2,500 square feet, along with a limited number of exclusive penthouses.
Aakash Ohri, joint managing director and chief business officer, DLF Home Developers, said: “Our entry into Mumbai marks a key strategic milestone for DLF. In partnership with Trident Realty, we launched a premium residential project that embodies DLF’s core values of quality, community living, and design excellence.”
He further said that the company was humbled by the overwhelming response, with all units in Phase 1 selling out in less than a week—an uncommon achievement in a market typically marked by gradual absorption. Although the company had initially launched only two towers, exceptional demand led them to release all four, resulting in the complete sellout of 416 units.
DLF is primarily engaged in the business of development and sale of residential properties and the development and leasing of commercial and retail properties. It has developed more than 185 real estate projects and developed an area more than 352 million square feet (approx.).
The real estate giant reported a 37% year-on-year rise in consolidated net profit to Rs 1,268 crore for the quarter ended March 2025. Revenue from operations also surged 46% to Rs 3,128 crore compared to Q4 FY24.
The scrip rose 0.41% to currently trade at Rs 832.35 on the BSE.