Wadia Group Unveils Luxury Residential Project in Dadar, Mumbai
Wadia Group's Bombay Realty launches luxury project in Mumbai's Dadar
Business StandardImage: Business Standard
Bombay Realty, part of the Wadia Group, has launched THREE ICC, an ultra-luxury residential tower in Dadar, Mumbai, with a revenue potential of ₹6,500 crore. The project features spacious residences priced from ₹5.75 crore and emphasizes an integrated living ecosystem, catering to evolving luxury housing demands.
- 01THREE ICC offers 3 to 5-bedroom residences ranging from 1,283 to 2,994 square feet.
- 02The project has a revenue potential of ₹6,500 crore.
- 03Residences are priced starting at ₹5.75 crore.
- 04Mumbai's housing sales decreased by 2% year-on-year in Q1 2026.
- 05New housing launches in Mumbai increased by 3% year-on-year.
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Bombay Realty, the real estate division of the Wadia Group, has launched an ultra-luxury residential project named THREE ICC in Dadar, Mumbai, with a projected revenue potential of ₹6,500 crore. This residential tower features a variety of 3, 4, 4.5, and 5-bedroom deck residences, with sizes ranging from 1,283 square feet to 2,994 square feet. Prices for these residences start at ₹5.75 crore. Jehangir Wadia, vice-chairman of The Bombay Dyeing and Manufacturing Company, emphasized the project's focus on creating lasting value and a thoughtfully planned living environment. The development is strategically located, providing connectivity to key areas such as Lower Parel, Bandra Kurla Complex (BKC), and South Mumbai. Rohit Santhosh, CEO of Bombay Realty, noted that the evolving aspirations of luxury homebuyers are driving demand for integrated living spaces that offer security, connectivity, and lifestyle amenities. In the first quarter of 2026, Mumbai recorded a slight decline in housing sales, with 14,627 units sold, while new launches increased by 3% year-on-year to 15,823 units.
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The launch of THREE ICC is expected to cater to the growing demand for luxury housing in Mumbai, providing homebuyers with spacious residences and integrated living environments.
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