About Powai, Mumbai
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The Powai neighborhood of Mumbai is a very desirable place to live, with a constant increase in the demand for real estate. Powai has long been considered a desirable location because it successfully meets a variety of needs and accommodates them with ease. Its economic centers, educational institutions, picturesque surroundings, trustworthy living arrangements, and broad array of leisure activities contribute to this. Powai Lake and the Hiranandani Complex are among these conveniences.
The unique experiences offered by Hiranandani Complex and Powai Lake help locals strike the ideal work-life balance, while the office parks and complexes in Powai, such as Hiranandani Business Park, provide professionals with the same.
Why You Should Invest in New Projects in Powai?
Unmatched access to Mumbai is offered by the Powai neighbourhood in Mumbai. Powai, the home of IIT Bombay, has the top-notch infrastructure required for a comfortable existence in the surrounding areas, along with bustling shops and secure streets.
With a large concentration of IT, startup, and multinational companies, Powai offers its employees a great work-life balance in addition to a plethora of other services like hotels, restaurants, and recreational areas.
Price Trends in Powai, Mumbai
Below is the statistical information to help you understand the price trends in Powai, Mumbai:
| Year | Price/Sq. ft |
| 2019 | Rs. 29,300/- |
| 2020 | Rs. 28,700/- |
| 2021 | Rs. 30,900/- |
| 2022 | Rs. 31,350/- |
| 2023 | Rs. 33,600/- |
Disclaimer: The prices listed above are approximations, not guarantees of accuracy, derived from data collected from various sources. Before depending on these estimates, it is best to double check all of the information.
Top 5 Reasons to Invest in New Projects in Powai
1: Prominent Connectivity
The Western Express Highway, the Eastern Express Highway, and many other major routes link this suburb to the city itself. You have a few options for getting about within its borders, including trains, cabs, and municipal buses. The 14-minute trip links Powai and Kanjurmarg Railway Station via the 3.7-kilometer Jogeshwari-Vikhroli connection road.
- It takes 19 minutes for a cab to go the 6.6 kilometers to Andheri East from this location.
- Traveling seven minutes down Central Avenue, a distance of 1.5 kilometers, is the journey from Powai to the Suvarna Temple.
- The Shankaracharya Marg-Vikhroli Link route takes 8 minutes to go to Powai Lake, which is 2.9 kilometers distant from Powai.
2: Top Architects with Best Schemes
Among the numerous noteworthy architects and projects that Powai can claim are:
- L&T Elixir Reserve by L&T Realty
- Skyline Suncity by Skyline Group
- Raheja Ascencio by K Raheja Corp
- Kanakia Silicon Valley by Kanakia Space
- Godrej Urban Park by Godrej Properties
- Hiranandani Castle Rock by Hiranandani Group
3: Famous Commercial and Social Areas
Due to the many facilities, including restaurants, entertainment venues, medical facilities, and schools, that are only a five-minute walk away, Powai has become a really desirable area to live.
| Academics | Healthcare Facilities | Recreational Places |
| The Podar International School | Fortis Hospital | Powai Vatika |
| Sathaye College | Hiranandani Hospital | Powai Lake |
| IIT Mumbai | Powai Polyclinic and Hospital | Suvarna Temple |
| Achievers Academy | Nihal Nursing Home | Deer Park |
| S M Shetty School | Dr. L H Hiranandani Hospital | BMC Nirvana Park |
4: Employment Opportunities
Travellers from abroad come to Powai in search of employment prospects. Powai’s economic growth has shown a plethora of well-known businesses and places functioning here, as well as a large influx of foreign tourists looking for work.
- TCS
- FIS
- Sanofi
- CRISIL
- Bayer
- Wipro
- Deloitte
- JP Morgan
- Prudential PLC
5: Modern Environs
Powai is a creative neighbourhood that is well-known for its opulent resorts and property developments, as well as for attractions and features like Nirvana Park, which develops naturally by reusing waste water from nearby parks and buildings. Powai is known for its serene lake that offers stunning views of the mountains, as well as its distinctive environmentally friendly features, such as Nirvana Park, which uses recycled water to develop planting beds for ecological sustainability in its upkeep.
The emergence of new projects in Powai has resulted in a rapid increase of the real estate market, as investors find appealing long-term stable investment choices.