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IC Colony Borivali West: Property Prices, Rentals, New Projects & Lifestyle Guide (2025)

Mumbai Real Estate

I.C. Colony

IC Colony, Borivali West: Rent Trends, Schools, Dining, Worship & New Projects

Nestled in Borivali West, IC (Immaculate Conception) Colony is a vibrant, well-connected Mumbai suburb. Here’s an in-depth snapshot of rental rates, schools, dining, spiritual centers, parks, property trends, and upcoming developments:

🏠 Current Rent Rates

Unit Rent (Monthly) Deposit Built-up Area Furnishing
1 BHK ₹30 k–₹38 k ₹1L ~440–600 sq ft Semi/fully unfurnished (romellgroup.com, nobroker.in, housing.com)
2 BHK ₹40 k–₹50 k ₹1–2 L 700–900 sq ft Semi/furnished 
3 BHK ₹55 k–₹65 k ₹2L ~1 000–1 600 sq ft Semi/furnished 

    • 1 BHK units typically fetch ₹30,000–37,500/month.

    • 2 BHK units range from ₹40,000–50,000/month.

    • 3 BHK rents hover around ₹55,000–65,000/month.
      These reflect current listings and updated trends. (housing.com)

🎓 Top Schools Nearby

    • St. Francis D’Assisi High School (Mount Poinsur) – renowned co-ed ICSE/Maharashtra board school established in 1908 in IC Colony (en.wikipedia.org)

    • Mary Immaculate Girls’ High School – a respected girls’ school within a kilometer of most residences (housing.com)

    • Vibgyor High School & Cambridge International School – accessible via Link Road/metro (en.wikipedia.org)

🍴 Restaurants & Cafés

    • A number of local eateries, cafés, and fast-food outlets line the Link Road, providing South Indian, Goan, and Mumbai street-style fare.

    • On the lower end of Link Road, residents also enjoy the casual street food scene—though beware of temporary roadwork disruptions. 

⛪ Places of Worship

    • Our Lady of the Immaculate Conception Church: a historic Catholic parish from 1547 to present, located at the heart of IC Colony (en.wikipedia.org)

    • Methodist Marathi Church Borivali: supporting the local Marathi-speaking Protestant community (en.wikipedia.org)

    • Neighbourhood temples and mosques, including the IC Colony Masjid, cater to the diverse local population.

🌳 Playgrounds & Parks

    • Tukaram Ombale Garden (Fish Park): community park within IC Colony (en.wikipedia.org)

    • Jhansi Rani Laxmibai Joggers’ Park & Veer Savarkar Udyan: large green spaces slightly beyond IC Colony ideal for jogging and family outings (en.wikipedia.org)

📈 Property Price & Rent Trends

    • Sale rates average ~₹17,368 per sq ft (₹1.24–19.6 Cr for 2 BHK) (magicbricks.com)

    • Rentals reflect strong demand, with stable 1–2 BHK rents and increasing interest in 3 BHKs due to metro connectivity (romellgroup.com)

    • Infrastructure boost from Metro Line 2A, Link & Western Express highways supports steady appreciation and rental yield growth.

🏗️ New & Upcoming Projects

    • Vajransh Apartments – 2 BHK homes by Reputed Developer (ghar.tv)

    • H. Rishabraj Villa Stella – mix of 1/2/3 BHK, offices & shops (ghar.tv)

    • Romell Ariana/Serene/Empress/Mayank Heights – notable upcoming residences within IC Colony (romellgroup.com)

Project Mix

    • A healthy mix of under-construction options offering modern amenities and ready-to-move resale units provides flexibility for buyers with varied timelines and budgets.

    • Most properties are unfurnished, giving room for customization.

📈 Investment Potential

    • Average sale price in IC Colony is ~₹25,320/sq ft, with a ~7% QoQ rise (magicbricks.com).

    • Rental yield is strong, driven by proximity to Borivali railway station, Link Road, and emerging metro connectivity.

    • Long-term appreciation is likely, thanks to ongoing infrastructure projects (metro Line 2A, road expansions) and a steady trickle of new developments .

    • Redevelopment trends may introduce competitive pricing in future, but premium, amenitized projects like Sky City could maintain higher valuations (reddit.com).

🏥 Nearby Healthcare Facilities

IC Colony and adjacent Borivali West are serviced by:

    • Chandra Maternity Hospital, MM Medical Clinic, Sohum Eyecare Centre—covering maternity, general outpatient, and eye care (dwello.in).

    • Additional multispecialty hospitals in surrounding zones, like MM Hospital, Namita Polyclinic, Purohit Hospital, and Dhanashri Hospital (~2–4 km away) (lybrate.com).

    • Pet care: Blue 7 vets in IC Colony is well-reviewed for emergency and routine veterinary services (reddit.com).

🛍️ Shopping & Lifestyle Hubs

In and Around IC Colony

    • Local markets and Thakkar Shopping Mall host pharmacies, clothing outlets, and small eateries (magicpin.in).

    • “Royal Plaza,” “The Zone Mall,” “Sai Shopping Mall,” and “Reliance Mall” lie 2–4 km away, offering diverse retail options (housing.com).

Larger Malls Nearby

    • Raghuleela Mega Mall (Kandivali West): ~800 outlets, INOX multiplex, kids’ play zone (en.wikipedia.org).

    • Oberoi Sky City Mall (near Devipada Metro): upcoming mega-mall, metro-connected with significant food, entertainment and possibly Apple/H&M––highly anticipated locally (reddit.com).

✅ Final Take

IC Colony is positioned as a well-rounded residential locale:

    • Buying: Offers both ready and future options; price range ₹1–4 Cr.

    • Investment: Good rental yields, growth supported by infrastructure, and selective premium project potential.

    • Amenities: Clinics, hospitals, vets serve daily needs; several malls and shopping hubs nearby for groceries, dining, leisure.

    • Future Outlook: Metro-connected mall and redevelopment activity will attract more footfall, boost both property and commercial value.

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