Location and Connectivity

IC Colony, renowned for sitting in Borivali West in Mumbai, holds a strategic position. It connects effortlessly via the Western Express Highway, Link Road, and metro lines for smooth commutes to business districts and other parts of Mumbai.

Infrastructure and Amenities

• This area offers solid infrastructure with dependable power, water, and waste management, making it appealing for both residents and businesses.
• It’s near famous schools and colleges making it perfect for families wanting top quality education.
• The diverse shopping offerings in IC Colony range from traditional markets like Borivali Market to trendy malls.
• There are also well-known hospitals and recreational facilities like gardens, playgrounds, and sports complexes.

Housing Options

• Here, you’ll find charming bungalows, modern high-rise apartments, and gated communities to fit different lifestyles and budgets.
• Buyers can choose from flat prices between ₹93.8 lakhs and ₹3.17 crores, with a specific range of ₹1.92 crore to ₹2.09 crore for 2 BHK apartments in places like Romell Ariana.
• The average property price per square foot is ₹20,701, though you can find some starting at ₹13,043 per sqft all the way up to ₹32,986 per sqft.

Rental Options

• If you’re renting, you can pick from 1 BHK, 2 BHK, and 3 BHK apartments.
• Renting starts at ₹33,000 a month for a 1 BHK flat and can go up to ₹38,000 for a 2 BHK flat on a semi-furnished or furnished basis.

Investment Potential

• The area is experiencing growth in commercial areas including IT parks, corporate offices, and co-working spaces, making it a business hotspot.
• Property values appreciate thanks to Borivali’s swift development, offering a good chance for investors to make high returns.
• Elevated housing demand coupled with smaller supply means apartments here are appealing for rental income, consistently good for earnings.

Quality of Life

• Surrounded by nature, including Sanjay Gandhi National Park and Dahisar Mangroves, IC Colony provides peaceful retreats from the urban hustle.
• There’s a strong community feeling with active resident associations and numerous events fostering belonging and well-being.

Property Trends

• Property values here dipped by 4.98% in the last year. This could hint at a good time for investors or people thinking about buying or selling.

PropertyWala's Conclusion

IC Colony in Borivali West in Mumbai is a compelling option for buyers and renters. Its strategic spot, mixed housing, strong infrastructure, and growing business scene present a great choice for those wanting to invest, live, or work in a lively, evolving area.