Island City Center (ICC), on G D Ambekar Marg in Dadar East, is not one project among many for Bombay Realty — it is the company's founding address. The address of Bombay Realty Island City Center is Island City Center, G D Ambedkar Road, Dadar, Mumbai Dadar East, Mumbai, Maharashtra, Pin code - 400014. The land itself carries history: it sits on a former Bombay Dyeing mill compound that the group redeveloped rather than acquired, which is why the towers here read as a continuation of the Wadia family's presence in this pocket of Dadar rather than a new entrant's first move.
Founded by Lovji Nusserwanjee Wadia in 1736, the Wadia Group is the oldest company in India. Its businesses span Bombay Dyeing, Bombay Burmah, Britannia and, until recently, GoAir, but real estate is a comparatively new chapter. In 2011, Wadia Group ventured into the real estate business primarily to monetize its 10,000 acres of land, with Bombay Realty set up as the group's real-estate arm to develop this land into offices, hotels and serviced apartments. Bombay Realty is described as part of the 287-year-old Wadia Group, redefining Mumbai's skyline with iconic developments like Island City Center. For a buyer, this means the developer's balance sheet, land title and delivery record trace back to one of Mumbai's oldest industrial landowners rather than a project-specific SPV.
ICC was built in phases. One ICC rises 55 floors and Two ICC 65 floors, ready-to-move superstructures with 3 and 4 BHK layouts and only 4 to 6 apartments per floor. Across the development, Bombay Realty has delivered 626 units in configurations from 505 to 2,523 sq ft, with over 20 rooftop amenities and global-standard fittings. In May 2026, the developer added a third tower to the same land parcel. Bombay Realty launched THREE ICC, an ultra-luxury residential tower with a revenue potential of Rs 6,500 crore at Island City Center. The tower offers 3, 4, 4.5 and 5-bed deck residences, with sizes ranging from 1,283 square feet to over 2,994 square feet. The residences are priced from Rs 5.75 crore onwards. The project spans around 4.5 acres of the overall 17-acre ICC land parcel, with roughly 500 units planned across three wings. Bombay Realty's own framing of the launch is direct: "our legacy has never been about building for the moment."
Dadar East is one of two addresses the developer has built around. In the recent past, the Wadia Group has delivered Springs, a 40-storey luxury residential tower in Dadar East, and Wadia International Centre, an office building at Worli that serves as the headquarters of Axis Bank. The Worli project remains under expansion: Wadia International Center (WIC) is spread across 25 acres and is planned as a mixed-use project of residences, offices, a luxury hotel, a mall, high street and a hospital. Set against this, ICC in Dadar East is the developer's oldest continuously operating residential address, with two completed towers and a third under construction on the same compound — a track record buyers can inspect on-site rather than take on faith.
Dadar East's relevance to Bombay Realty's pricing and positioning is inseparable from its road and rail geometry. Excellent connectivity via LBS Marg, Dr Ambedkar Road and Dadar station makes it easy to reach South, Central and Western Mumbai. The King's Circle Flyover cuts commute time between Dadar East and Kurla. The Naigaon monorail station sits closest to the ICC development. The bigger shift has been underground: Mumbai Metro Line 3, the fully underground Colaba to Bandra to SEEPZ corridor, became fully operational on 8 October 2025. That corridor is already showing up in pricing. Flats within 500m of Metro Line 3 stations have seen 10 to 15 percent premium pricing versus the surrounding micro-market average. For THREE ICC specifically, the project benefits from strong connectivity to key business hubs such as Lower Parel, Bandra-Kurla Complex and South Mumbai.
Dadar East's rate base gives context to Bombay Realty's own pricing at ICC. Housing.com's 2026 price trend page for Dadar shows an overall average of around ₹41,311 per sq ft, with a locality-level average of about ₹40,841 per sq ft in Dadar East. Flat rates in Dadar East, Mumbai South changed by 12.6 percent in the last 1 year and 22.5 percent over the last 3 years. Within that market, ICC trades at a premium to the locality average: Bombay Realty Island City Center is listed among the top premium housing societies in Dadar East at around ₹48,150 per sq ft. Island City Center appreciated the most among Dadar East, Mumbai South projects, with a growth rate of 4.2 percent in the last year. Rental demand tracks similarly: the average rental yield in Dadar East, Mumbai South is 6 percent.
Beyond transit, the immediate neighbourhood supplies the daily infrastructure that supports a large, self-contained residential township. Proximity to Dadar market, Shivaji Park and other commercial hubs ensures daily needs and shopping are easily accessible. Dadar East also enjoys road connectivity via the Eastern Express Highway, which provides access to the northern and southern suburbs of Mumbai. This combination of an established civic core with a newly operational metro corridor is what Bombay Realty is building THREE ICC into, on the same 17-acre compound where One ICC and Two ICC already stand delivered.
