DLF Ltd. reported a 15% decline in net profit to ₹1,171 crore in Q2 FY26, despite achieving strong sales bookings of ₹4,332 crore, primarily driven by its strategic Mumbai market entry with The Westpark project.

Real estate major DLF Limited has announced its strategic comeback to Mumbai's residential market after more than a decade, launching The WestPark project in Andheri West with plans to explore broader expansion opportunities across India's financial capital.

DLF secures MahaRERA approval for The Westpark project in Andheri West Mumbai, marking formal entry into Mumbai market with ₹5.50-7.50 crore units despite potential monsoon delays.

DLF aims to achieve ₹20,000-22,000 crore in housing sales during FY26, driven by strong demand for luxury properties and new project launches in Gurugram and Mumbai. The real estate giant continues to build on record pre-sales in 2024-25.

DLF's groundbreaking entry into Mumbai real estate with its first SRA project in Andheri West, launching by Q4 FY2025. Partnering with Trident Group, DLF marks a bold return while achieving a 121% surge in profits.

HSBC rates Prestige Estates and Sobha 'buy' in Mumbai, DLF and Godrej Properties 'hold', and Oberoi Realty'reduce'. The brokerage company raised its share price predictions for several firms, indicating that interest rate swings and new projects would likely affect their profitability.