Here is the list of top arts colleges in India for those who wish to pursue arts as their bachelors or masters program.

Lady Shri Ram College for Women (LSRC)
Bombay Teacher's Training College
Sir J J Institute of Applied Art (JJIAA)
Stella Maris College
FAD International
K.J.Somaiya College of Arts & Commerce
Queen Mary's College
Sacred Heart College
Garden City College

You are welcome to add any colleges which you feel deserves to be in the above list.