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Powai is a neighborhood or a locality located in the famous state of Mumbai, previously known as Bombay. It is situated on the north-eastern side of Mumbai, alongside the banks of the Lake Powai. It is covered by or is bound by Chandivali to the south-west, LBS Marg which was also known as the Mumbai Agra Road previously in the north-east direction, Vikhroli Park site in the south-west region and Sanjay Gandhi National Park on the north side, beyond the lake. Powai was Mumbai’s hub initially where young entrepreneurs starting off from the cells of incubation set up by many companies like the IIT Bombay. The initial start-up companies include TinyOwl, Justride, Belita, CredR, Flyrobe, Nearfox, Mirchi and Mime, Toppr, Bewakoof, Logic Roots, Crispy Games, etc. Powai is equipped with all the facilities one could ever need. It has shopping complexes, malls, theatres, markets, all the major ATMs, banks and other outlets, amazing restaurants, and hotels. Some famous hotels include The Beatle, Hotel Lake Bloom Residency, FabHotel and Savoy Suites Mumbai, etc. It also houses restaurants, malls and eateries like Hanglas, KFC, Maharaja Bhog, Jewel food Mall, Kareem's restaurant, Smoking Joe’s Pizza, café coffee day, Haiko Mall, Navjivan, Punjab Grill, Zaffran, Urban Tadka, Indigo Deli, etc. It also has colleges and schools Indian Institute of technology, Mumbai, the business schools, Kendriya Vidyalaya, The Hiranandani Foundation School, Bombay Scottish school, etc. the hospitals in the vicinity of Powai are Powai polyclinic and hospital, Dr. L H Hiranandani Hospital, Thakre Hospital, IIT Bombay hospital, etc. New and upcoming projects in Powai, Mumbai include Sahil Exotica by Bombay Constructions Engineering Company PVT LTD, and Lake Riviera by Ekta World, as well as Hiranandani Zen by Hiranandani Developers. The Hiranandani castle Rock by Hiranandani, Raheja Vista by K Raheja Constructions, Raj Grandeur by Rajesh Lifespaces, Emerald Isle by L and T, Chandivali Powai by Nahar builders are also some more on this list.
Property Type | Average Price |
---|---|
Independent House : | ₹19,769 Sqft |
Villa : | ₹20,729 Sqft |
Plots/Land : | ₹23,250 Sqft |
29% properties for Sale in Powai lie in range of ₹50 Lac – ₹2+ Cr.
9.15%-13.5% Interest Rate
8.6%-12.0% Interest Rate
8.5%-9.0% Interest Rate
9.5%-10.15% Interest Rate