Island City Center to Be Exposed At Dubai Property Show

Island City Center, the latest real estate residential venture of Real Estate Firm Bombay Realty, is set to be exposed in the Dubai Property Show. It is the maidern real estate project of Wadia Conglomerates who is well –known for Bombay Dyeing suiting and cloth materials.

Island City Center is expected to be one of the most favorite attractions of Dubai Indian Property Show which will be conducted from December 13 to 15. It is believed to attract the NRIs residing in Dubai.

Wadia Conglomerates will launch Island City Center (ICC) in Mumbai. The group officials said that the residential project will be set at Dadar in near vicinity to Mumbai.

As per Bombay Dyeing & Manufacturing Co Ltd.’s revealing, Island City Center (ICC) is aims at providing homes with the possibility of living and playing in the same place where one works. Island City Center will thus reduce couple of daily commuting hours.

Island City Center (ICC) is set to sprawl over 30 acres of land. According to the company plans, ultra – luxury residences are to be constructed in nearly 29 acres of land. There will be several offices, a mall, an international school, 5-star hotel, etc. in the same area. Attractively nearly 6 acres of land will be dedicated for green landscape. This open green area will cater healthy life in conformity with Nature.

Mr. Durgesh Mehta, The Joint Managing Director of The Bombay Dyeing & Manufacturing, opined that luxury segment has become one of the most lively and dynamic real estate housing segments.

He pointed out the growth of demand for luxury housing parallel to the increased number of HNIs: high net- worth individuals. He further listed out rapid urbanization process and entry of global lifestyle as factors which boost the demand for luxury houses.

Fall of Indian rupee invited more NRIs who are keen to invest on luxury housing segment. HNIs’ familiarity with international lifestyles of cities like Dubai tempts them to demand luxury projects. This NRI attitude encourages real estate developers to launch more luxury projects with extra and outstanding facilities. Island City Center is one such project.

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