The rising demand for premium homes in Andheri has caught the attention of one of the country’s biggest real estate developers. Known for its landmark projects in the Delhi-NCR region, DLF is now making a strong comeback into Mumbai’s property market.
Andheri has been chosen for their first offering in the city after more than a decade. The project, which is being developed in partnership with the Trident Group, will be a premium residential development.
The first phase is expected to offer nearly one million square feet of premium homes. With apartments expected to be priced between ?6 crore and ?8 crore, the project aims to offer 3 BHK and larger units, complete with modern amenities and a DLF-style clubhouse. The launch is expected by the start of the current financial year.
Aakash Ohri added, “We are excited about our entry into Mumbai, a strategic market for our continued growth. The post-COVID era has highlighted real estate as a key investment, with a pronounced need for quality housing.
Economic growth has driven a demand for home upgrades, particularly for larger, premium homes. This has led to a surge in demand for premium and luxury projects, making Mumbai a vital addition to our pan-India presence, soon to be followed by Goa.
Our aim is to offer competitive entry price points while ensuring premium quality. Mumbai’s disciplined market demands a balanced approach to pricing, and we are committed to meeting these expectations while driving higher margins.”
