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The Real Estate (Regulation and Development) Act, 2016 is Act of the Parliament of India which seeks to protect buyers as well as help boost investments in the real estate industry. The Act came into force from 1 May 2016.

Forest Colony is a quiet residential locality in Goregaon East, Mumbai, bordering Aarey Colony and Royal Palms. The pin code of Forest Colony is 400065. This peaceful neighbourhood houses families who enjoy the scenic views of Aarey Forest. Residents frequently visit the nearby Aarey Picnic Point and Chhota Kashmir Boat Club. Families send their children to Swami Vivekanand International School and access medical care at Lotus Superspeciality Hospital. Western Express Highway Metro Station on Blue Line 1 is the nearest station, located 4 km away. Aarey Road connects the area to Goregaon Railway Station, which is a 15-minute drive. The 2026 average property rate ranges from Rs. 18,000 to Rs. 24,000 per sq ft, dominated by apartments.
| Locality | Property Price per sq ft* |
|---|---|
| Forest Colony mumbai | Rs. 18,000 to Rs. 24,000 |
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 15,000 to Rs. 18,000 |
| 2 BHK for rent | Rs. 22,000 to Rs. 26,000 |
| 3 BHK for rent | Rs. 30,000 to Rs. 35,000 |
Buying property in Forest Colony has become highly attractive due to its peaceful environment. The locality witnessed a significant capital appreciation of 19.5% in 2026, reflecting strong buyer interest. Average buyer prices range from Rs. 18,000 to Rs. 24,000 per sq ft. Simultaneously, the rental market experienced a high growth rate of 20.0% over the past year. Monthly rental rates for residential apartments now range from Rs. 15,000 to Rs. 35,000. This upward trend in both sectors is driven by the upcoming metro lines and improved road links. (* As of August 22, 2026)
Chhota Kashmir Boat Club is a prominent landmark in Forest Colony. Some more include:
Forest Colony is well-connected through Aarey Road and the following roads:
Western Express Highway Metro Station on the Blue Line 1 is the closest public transit option, located 4 km away. Some more include:
The nearest railway station and airport are Goregaon Railway Station, which is located 4.5 km away, and others:
Forest Colony is well-equipped with numerous top educational institutions, such as Swami Vivekanand International School and ORCHIDS The International School - Borivali, along with:
Some reputed healthcare places near Forest Colony include Lotus Superspeciality Hospital, and others:
You can access Oberoi Mall and Hub Mall easily from Forest Colony mumbai. Some more include:
These localities are located around Forest Colony:
Here are some of the major employment centres near Forest Colony:
The popular landmarks within Forest Colony are:


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