Powai

Powai, Mumbai

About This Location

Powai, a residential suburb situated in central Mumbai, Maharashtra, India, is renowned for its picturesque location on the banks of Powai Lake. Bounded by the hills of Vikhroli Parksite to the south-east, Chandivali to the south-west, and the Sanjay Gandhi National Park to the north, Powai offers a serene and scenic environment. The suburb is home to prestigious educational institutions such as the Indian Institute of Technology, Bombay, and the Indian Institute of Management Mumbai, along with Bombay Scottish School. Additionally, Powai hosts residential complexes of various organizations including the Income Tax department, Customs, and NTPC. The area boasts schools and colleges like S M Shetty school and college, Gopal Sharma school, and Chandrabhan Sharma College, as well as Sinhgad college of management in Chandivali. Powai has emerged as Mumbai's start-up hub, earning the moniker "India's Powai Valley," with young entrepreneurs establishing ventures in various sectors. The suburb's cosmopolitan culture, modern amenities, and neoclassical architectural marvels like Hiranandani Gardens make it a preferred residential area, especially among expatriates.

Insights

Highlights about this area
  • Powai's picturesque setting on the banks of Powai Lake offers residents a serene environment amidst lush greenery
  • Home to prestigious institutions like IIT Bombay and IIM Mumbai, Powai boasts a strong academic infrastructure
  • Powai has emerged as Mumbai's start-up hub, with numerous young entrepreneurs establishing ventures across various sectors
  • The suburb's diverse population contributes to its cosmopolitan and modernized culture, making it a vibrant community. The Jogeshwari-Vikhroli Link Road, a bustling thoroughfare connecting the western and eastern suburbs, traverses through Powai
  • The Powai Lake, a 120-year-old landmark originally used to supply water to Mumbai, and iconic institutions like IIT Bombay and NITIE, contribute to the suburb's charm
Positive Aspects of this area
  • Hiranandani Gardens showcases stunning neoclassical architectural styles, adding to the suburb's aesthetic appeal
  • Powai is a preferred residential area for expatriates and locals alike, offering modern amenities and a serene environment
  • The presence of numerous start-ups fosters innovation and entrepreneurship, making Powai an attractive destination for aspiring entrepreneurs
  • Powai offers convenient access to sharing cycle ride company Yulu, adding to its appeal
Negative Aspects of this area
  • Powai faces challenges such as industrial sewage outlet concerns related to Powai Lake

Configurations

4 BHK10 units
Avg Price₹ 9.46 Cr
Avg Rate₹ 48.45 k / sqft
2 BHK44 units
Avg Price₹ 2.16 Cr
Avg Rate₹ 31.2 k / sqft
1 BHK22 units
Avg Price₹ 1.18 Cr
Avg Rate₹ 28.54 k / sqft
3 BHK30 units
Avg Price₹ 5.01 Cr
Avg Rate₹ 44.12 k / sqft
1 RK3 units
Avg Price₹ 8.33 L
Avg Rate₹ 6.06 k / sqft

Top Projects in this area

Hiranandani Regent Hill

Hiranandani Gardens, Powai

1 BHK

1021

units

₹ 1.90 Cr - ₹ 1.90 Cr

Godrej Urban Park

Chandivali, Powai

1, 2, 3 BHK

507

units

₹ 1.59 Cr - ₹ 3.47 Cr

Nahar Amaryllis Towers

Chandivali, Powai

2 BHK

402

units

₹ 1.69 Cr - ₹ 1.85 Cr

Mahindra Alcove

Chandivali, Powai

1, 2, 3 BHK

307

units

₹ 1.50 Cr - ₹ 3.15 Cr

Hiranandani Adonia

Hiranandani Gardens, Powai

3, 4 BHK

124

units

₹ 10 Cr - ₹ 12.50 Cr

Top Developers in this area

Hiranandani

7

Total Projects

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GHP Group

3

Total Projects

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Nahar Group

2

Total Projects

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Sumer Group

2

Total Projects

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Gurukrupa Realcon

1

Total Projects

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agent

Zubair Shaikh

Jugyah Real Estate Consultant

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