Wadia Group’s Bombay Realty Returns with Premium Residential Project in Mumbai
Wadia Group’s real estate arm, Bombay Realty, is making a strategic comeback with a premium residential project in Mumbai, leveraging its prime land holdings and a restructured team.
Real EstateBombay RealtyWadia GroupPremium ProjectResidential DevelopmentReal EstateOct 20, 2025
Its flagship upcoming launch is Three ICC, a premium residential development located within the Island City Center (ICC) — a gated township in Dadar, central Mumbai. The project will span 4.5 acres out of the total 17-acre ICC land parcel and feature approximately 500 residential units across three high-rise towers.
The initiative marks a strategic shift in focus toward residential development, after years of relatively low activity. 'We are confident about the resurgence of Mumbai's residential sector and our offerings are timed to tap into that demand,' a company official said, signalling renewed ambition in one of India's most competitive property markets.
Bombay Realty's return to the market is a significant move, given the company's strong portfolio and the strategic location of its land holdings. The Three ICC project is designed to cater to the growing demand for high-quality, modern living spaces in central Mumbai. The development will include a range of amenities, such as landscaped gardens, a fitness center, and recreational facilities, making it an attractive option for discerning buyers.
The real estate sector in Mumbai has seen a surge in activity over the past year, driven by a combination of factors including economic recovery, favourable interest rates, and improved consumer confidence. This favorable market environment provides an ideal backdrop for Bombay Realty's re-entry and the launch of its premium project.
Wadia Group, a diversified conglomerate with a strong presence in various sectors, has a rich history in India. The group's real estate arm, Bombay Realty, has been a significant player in the past, and the Three ICC project is a clear indication of its commitment to regaining its position in the market. The company's focus on premium residential developments aligns with the evolving preferences of homebuyers, who are increasingly looking for well-designed, sustainable living spaces.
The project's location in Dadar, a vibrant and well-connected area in central Mumbai, adds to its appeal. Dadar is known for its excellent infrastructure, proximity to key business districts, and a wide range of lifestyle amenities. The Three ICC project is expected to attract a diverse range of buyers, including young professionals, families, and investors looking for a high-return investment opportunity.
As Bombay Realty gears up for the launch of Three ICC, the company is also exploring other opportunities to leverage its land holdings and expand its presence in the real estate market. The restructured team and renewed focus on residential development are key drivers of the company's growth strategy, positioning Bombay Realty to capitalize on the current market trends and meet the evolving needs of homebuyers in Mumbai.
In conclusion, Wadia Group’s Bombay Realty is making a confident return to the real estate market with its premium project, Three ICC. The project's strategic location, high-quality design, and comprehensive amenities make it a standout offering in the competitive Mumbai market. As the company continues to build on its strengths and capitalize on market opportunities, the future looks bright for Bombay Realty and its stakeholders.
Frequently Asked Questions
What is the Three ICC project?
Three ICC is a premium residential development located within the Island City Center (ICC) in Dadar, central Mumbai. The project will span 4.5 acres and feature approximately 500 residential units across three high-rise towers.
Why is Bombay Realty re-entering the real estate market?
Bombay Realty is re-entering the real estate market to capitalize on the current momentum in the residential sector and to monetize its prime land holdings in Mumbai. The company has restructured its team and appointed a new CEO to lead the revival.
What is the significance of the project's location in Dadar?
Dadar is a vibrant and well-connected area in central Mumbai, known for its excellent infrastructure, proximity to key business districts, and a wide range of lifestyle amenities. This location adds to the appeal of the Three ICC project.
What amenities will be included in the Three ICC project?
The Three ICC project will include a range of amenities such as landscaped gardens, a fitness center, and recreational facilities, making it an attractive option for discerning buyers.
What is Wadia Group's role in Bombay Realty?
Wadia Group is a diversified conglomerate with a strong presence in various sectors. Bombay Realty is the real estate arm of Wadia Group, and the Three ICC project is a key initiative in the group's strategy to re-enter and grow in the real estate market.
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