CALCULATE YOUR SIP RETURNS

OYO Founder Ritesh Agarwal Backs Luxury Fashion Startup Culture Circle

Written by: Team Angel OneUpdated on: 17 Jul 2025, 6:06 pm IST
OYO’s Ritesh Agarwal backs Culture Circle at over ₹100 crore valuation as the luxury fashion startup eyes global expansion and offline retail growth.
OYO Founder Ritesh Agarwal Backs Luxury Fashion Startup Culture Circle
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

DLF will launch its first residential project in Mumbai on July 17, 2025, as per MoneyControl reports. The project, titled The Westpark, is located in the Oshiwara area of Andheri. This follows recent approval from the Maharashtra Real Estate Regulatory Authority (MahaRERA).

The first phase of The Westpark will include 4 towers with 44 floors each. Of these, 37 floors are habitable. The remaining levels will be used for amenities, parking, and other services. Over 400 apartments are planned in this phase.

As per reports, the apartments will fall under the premium segment, with prices between ₹5.5 crore and ₹7.5 crore.

Development Partnership 

The project is being developed in partnership with Trident Group. It is part of a slum rehabilitation project. Trident will handle the rehabilitation and land clearance, while DLF will manage the free-sale portion of the development.

The free-sale component will span approximately 9 lakh square feet. The full land parcel has a total development potential of around 3.5 million square feet.

Pre-Launch Sales 

Before the public launch, DLF had already pre-sold a portion of the inventory. As per the Kotak Institutional Equities report, the company had done pre-sales between ₹1,000 crore and ₹1,500 crore. These sales were made during an invite-only pre-launch phase.

The rehabilitation component includes building housing for slum dwellers who currently occupy the land. This part of the project will be handled entirely by Trident Group.

Read More: DLF Commits ₹5,500 Crore for New Luxury Residential Project in Gurugram!

DLF Share Price Performance 

As of 9:40 AM on July 17, 2025, DLF share price was trading at ₹841.60, a 0.32% decrease.

Conclusion

With The Westpark, DLF is starting residential operations in Mumbai through a phased, large-scale development in Andheri, combining free-sale units with a slum rehabilitation component.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jul 17, 2025, 12:36 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

Know More

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 3 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3 Cr+ happy customers