Wadia Group's Bombay Realty Launches Luxurious THREE ICC in Mumbai's Dadar

Published: May 04, 2026 | Category: real estate news
Wadia Group's Bombay Realty Launches Luxurious THREE ICC in Mumbai's Dadar

Bombay Realty, the real estate arm of the Wadia Group, has launched THREE ICC, an ultra-luxury residential tower with a revenue potential of Rs 6,500 crore at its township, Island City Center, in Mumbai’s Dadar.

The project offers a collection of 3, 4, 4.5, and 5-bed deck residences, ranging from 1,283 square feet to 2,994 square feet and above. The residences are priced from Rs 5.75 crore onwards.

Jehangir Wadia, vice-chairman of The Bombay Dyeing and Manufacturing Company, said, “At Bombay Realty, our legacy has never been about building for the moment. It has always been about creating addresses that carry permanence, integrity, and value across generations. With Island City Center, we had the opportunity to reimagine what luxury living could mean in the very heart of Mumbai as a complete, thoughtfully planned ecosystem where scale, openness, privacy, and wellbeing come together.”

A defining aspect of the project is its emphasis on space, both within the home and beyond it, the company noted. The project enjoys connectivity to Lower Parel, Bandra Kurla Complex (BKC), South Mumbai, and the city’s emerging infrastructure corridors, it added.

Rohit Santhosh, chief executive officer, Bombay Realty, added, “Mumbai’s housing aspirations are evolving rapidly. As infrastructure reshapes the city’s movement patterns, centrally located micro-markets like Dadar are gaining renewed relevance. Today’s luxury homebuyer is looking beyond just an apartment; they are looking for scale, security, connectivity, lifestyle infrastructure, and a complete ecosystem. THREE ICC has been designed precisely around these expectations. It brings together large-format residences and the advantages of integrated development.”

Earlier, Mumbai recorded housing sales of 14,627 units in the first quarter of 2026 (Q1 2026), down 2 per cent year-on-year (YoY), according to Real Estate Intelligence Service (REIS) by JLL Research. The new launches, meanwhile, grew 3 per cent YoY to 15,823 units.

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Frequently Asked Questions

1. What is the revenue potential of the THREE ICC project?
The revenue potential of the THREE ICC project is Rs 6,500 crore.
2. What types of residences are offered at THREE ICC?
THREE ICC offers 3, 4, 4.5, and 5-bed deck residences, ranging from 1,283 square feet to 2,994 square feet and above.
3. Who is the vice-chairman of The Bombay Dyeing and Manufacturing Company?
Jehangir Wadia is the vice-chairman of The Bombay Dyeing and Manufacturing Company.
4. What are the key features of the Island City Center township?
The Island City Center township is a complete, thoughtfully planned ecosystem that emphasizes scale, openness, privacy, and wellbeing, with strong connectivity to key areas of Mumbai.
5. How has the housing market in Mumbai performed in Q1 2026?
In Q1 2026, Mumbai recorded housing sales of 14,627 units, down 2 per cent year-on-year, while new launches grew 3 per cent YoY to 15,823 units.