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About Properties in Powai, Mumbai for Sale
Powai is a well-known locality in Mumbai, popular for its mix of residential, commercial, and educational developments. It is surrounded by lush green hills and Powai Lake. Powai’s strategic location offers a picturesque view and proximity to important areas in Mumbai. Thanks to continuous development initiatives and infrastructure improvements, this is one of the fastest-growing suburbs with property rates ranging from ₹ 26,000 to ₹ 55,000 per sq ft.
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If you are looking for properties in Powai, here are the top features to consider.
1.
1. Strategic Location and Connectivity
1.
1. Strategic Location and Connectivity
- Powai's strategic location places it in proximity to several important neighbourhoods, making it a desirable place to live and work. It is surrounded by areas like Kanjurmarg, Vikhroli, Andheri, Chandivali, Gandhinagar, and more, each offering its own set of amenities and opportunities.
- The Jogeshwari-Vikhroli Link Road (JVLR) and Eastern Express Highway provide easy access to other parts of Mumbai.
- Powai is served by the Kanjurmarg railway station on the Central Line of the Mumbai Suburban Railway. This allows commuters to access various parts of Mumbai efficiently. The Sakinaka metro station is also near, further improving connectivity for residents.
2.
2. Commercial Hubs and Employment Opportunities
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2. Commercial Hubs and Employment Opportunities
- Powai is a thriving commercial hub in Mumbai, offering a wide range of employment opportunities.
- The locale is home to prominent IT Giants such as Deloitte, TCS and Wipro and business parks like the Hiranandani Business Park, which houses numerous national and international companies.
- The presence of co-working spaces and entrepreneurial initiatives have led to employment opportunities in the start-up sector. The connectivity via road and metro enhances accessibility to other employment hubs in Mumbai.
3.
3. Connectivity of Airports
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3. Connectivity of Airports
- The Powai locality is relatively close to both the international and domestic terminals of Chhatrapati Shivaji International Airport, making air travel convenient.
4.
4. Presence of Popular Developers
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4. Presence of Popular Developers
- Powai's strategic location and connectivity have made it a sought-after locality which attracted many developers to build projects here such as Hiranandani Group, L&T Realty, Lodha Group, Kanakia Spaces and more.
5.
5. A Variety of Residential Options
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5. A Variety of Residential Options
- Powai is known for its upscale, high-rise luxury apartments with modern amenities and scenic views, such as those developed by the Hiranandani Group. These cater to residents seeking a premium lifestyle.
- In addition to luxury apartments, Powai also offers budget-friendly housing options, making it accessible to a wide range of income groups.
- 2 BHK residences in this locale are more in demand starting at ₹ 1.4 Cr.
- With a growing population and demand for properties in Powai, it is a good place to invest in the rising real estate market.
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6. Wide Range of Configurations
6.
6. Wide Range of Configurations
- Powai offers a diverse range of housing configurations including 1, 2, 3, and 4 BHK, villas and penthouses designed to meet the diverse requirements of residents, from single professionals to large families.
- The property prices in Powai have increased by 20.2% in the last five years showing a growing graph of this locality.
Average Rates of Flats in Powai
| BHK Type | Average Price Range |
| 1 BHK | ₹ 1 Cr - ₹ 1.4 Cr |
| 2 BHK | ₹ 1.5 Cr - ₹ 2.6 Cr |
| 3 BHK | ₹ 2.3 Cr - ₹ 5 Cr |
| 4 BHK | ₹ 3.5 Cr- ₹ 8 Cr |
7.
7. Top-notch Social Infrastructure
7.
7. Top-notch Social Infrastructure
- Powai boasts top-notch social infrastructure, making it a desirable locality in Mumbai featuring scenic attractions and places for leisure & relaxation.
- Powai is home to prestigious institutions like the Indian Institute of Technology Bombay (IIT Bombay), renowned healthcare facilities such as Dr L. H. Hiranandani Hospital and vibrant dining and shopping places like Galleria Shopping Complex.
- The picturesque Powai Lake, Powai Garden, Victor Menezes Convention Centre and PVR Natkhat are some of the attractions in Powai.
Key Landmarks in Powai
Schools & Colleges
Hiranandani Foundation School
Gopal Sharma Memorial School
Pawar Public School
Sinhgad College
Pace Junior Science College
Healthcare
Hiranandani Hospital
Powai Polyclinic and Hospital
Dhanvantari Hospital
Paramount General Hospital
Sugun Multispeciality Hospital
Business & Commercial Parks
Vatika Business Centre
Hiranandani Business Park
Nahar Business Center
Krishna Business Park
Crescent Business Square
Shopping & Entertainment
Powai Plaza
Galleria Mall
R City Mall
The Westin Mumbai
Powai Lake
Frequently Asked Questions
1. Which projects offer 2 BHK flats in Powai ?
1. Which projects offer 2 BHK flats in Powai ?
The following projects offer 2 BHK flats in Powai,
Highland Hiranandani Gardens
L&T Elixir Reserve
Kanakia Silicon Valley
L & T Emerald Isle
2. What is the average property price in Powai ?
2. What is the average property price in Powai ?
The average property price in Powai is ₹ 34,000 to ₹ 55,000 per sq ft.
3. Where can I buy 1 BHK flats in Powai ?
3. Where can I buy 1 BHK flats in Powai ?
Below are projects offering 1 BHK flats in Powai,
Hiranandani Regent Hill
L & T Emerald Isle
GHP Dream Of Powai
Highland Hiranandani Gardens.
4. Is Powai good for property investment ?
4. Is Powai good for property investment ?
Yes, Powai is considered a favourable location for property investment. It offers a blend of modern infrastructure, educational institutions, healthcare facilities, and business opportunities. Its proximity to key business hubs and connectivity makes it an attractive choice for both homebuyers and investors.
5. What is the 2 BHK flat price in Powai ?
5. What is the 2 BHK flat price in Powai ?
The 2 BHK flats in Powai cost around ₹ 1.5 Cr - ₹ 2.6 Cr depending on location and amenities provided in the development.
6. Are there any luxury properties in Powai ?
6. Are there any luxury properties in Powai ?
Powai is known for premium & upscale projects, Hiranandani Empress Hill, Lodha Bellagio, and L&T Elixir Reserveare are such projects in Powai.
7. Where can I Buy 3 BHK flats in Powai ?
7. Where can I Buy 3 BHK flats in Powai ?
The following projects offer 3 BHK flats in Powai,
L & T Emerald Isle
Highland Hiranandani Gardens
Kanakia Silicon Valley
Godrej Urban Park