About Powai, Mumbai
New residential projects in Powai may soon make living lavishly possible for you! Our state-of-the-art residences by Houssed will take your comfort levels to unimagined heights! Take a peek at our new projects in Powai and choose a home for you now!
Mumbai’s Powai neighbourhood continues to experience steady demand for real estate due to its appealing features that draw in buyers, such as recreational areas, educational institutions, stunning landscapes and reliable housing options. Attracting buyers further are business centers such as Powai Lake and Hiranandani Complex that serve the Powai neighbourhood, plus recreational sports facilities nearby.
Powai’s high demand for real estate properties stems in large part from its ability to meet multiple needs at once, contributing to its continued appeal; two examples being Powai Lake and Hiranandani Complex which can accommodate people needing various necessities and attract homebuyers seeking exceptional living circumstances! Professionals may enjoy similar work/life balance to that enjoyed by residents at Hiranandani Complex or Powai Lake via office parks such as Hiranandani Business Park in Powai.
Why You Should Invest in New Projects in Powai?
The Powai neighbourhood provides unrivaled ease of access to Mumbai. Stores abound, roads are well-maintained, and the whole infrastructure at the Powai campus of IIT Bombay is first-rate, making suburban life a pleasure.
An outstanding work-life balance is only one of the many benefits that Powai offers its employees. The company also provides a wide range of dining options, housing, and entertainment locations. Many new businesses, both domestic and foreign, including those involved in information technology are located here.
Price Trends in Powai, Mumbai
The following statistics helps 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 displayed here are approximations, not assurances of accuracy, based on information collected from various sources. Before depending on these estimates, it is advisable to double-check all of the information.
Top 5 Reasons to Invest in New Projects in Powai
1: Prominent Connectivity
This suburb is connected to the city proper by numerous important connections, including the Eastern and Western Express routes. Within its limits, you can use cabs, railroads, and public transportations.
- Powai and Kanjurmarg Railway Station are connected by the 3.7-kilometer Jogeshwari-Vikhroli link road; the drive takes around 14 minutes.
- Andheri East is 19 minutes by cab from the location, which is 6.6 km away.
- It takes seven minutes to travel 1.5 kilometres down Central Avenue from Powai to the Suvarna Temple.
- By car: Take the Shankaracharya Marg-Vikhroli Link road, which is 2.9 kilometres long, from Powai to Powai Laketakes 8 minutes.
2: Top Architects with Best Schemes
Powai is well-known for its top architects and projects, including:
- 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
Because Powai has so many facilities within walking distance—dining establishments, entertainment venues, medical facilities, and schools—it is a highly sought-after 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. Powai’s economic boom has resulted in a large number of well-known businesses and establishments operating here, as well as a notable influx of international workers seeking employment.
- TCS
- FIS
- Sanofi
- CRISIL
- Bayer
- Wipro
- Deloitte
- JP Morgan
- Prudential PLC
5: Modern Environs
Creative Nirvana Park grows organically by reusing rainwater from nearby parks and buildings. The area of Powai is well-known for its opulent resorts and real estate developments. Powai’s most famous characteristics are its serene lake, it’s beautiful mountain views, and its unique eco-friendly features like Nirvana Park, which uses recycled water to construct planting beds for sustainable horticulture.
The real estate market in Powai is expanding quickly as a result of the entrance of new projects in Powai. These initiatives are attractive to investors because they are safe bets with bright future prospects.