Locality review Powai

Q: Hi,
Planning to invest in a property in Powai? How is the locality for investment purpose? Will it fetch any good returns by way of appreciation?

Rakshit, Mumbai

28th March 2014

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Replies (9)

Hi Rakshit,
Powai is a great place to invest.Right now will be a good time to talk with Pashmina Developers for their Lotus project.Nearby localities are Hiranandani Foundation School, Bombay Scottish School,Hiranandani Hospital and a proposed Metro station.Within 1 km from the Central Avenue, Hiranandani Powai, Pashmina Lotus offers ease in accessibility to western counterparts of Andheri East, Marol as well as eastern suburbs of Kanjurmarg and Ghatkopar.Do visit to know better.
Have a nice day!1

Ajit Vichare, Thane

26th May 2014

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Hello Ajit,
The Jogeshwari-Vikhroli Link Road is one of the city busiest thoroughfares linking the western and eastern suburbs passes through Powai. Top notch professionals with designations such as CEO MD and owners of big companies falling in the age group of 35 to 45 years are the buyers of 4 BHK in Powai.

Powai is a very nice locality and well connected with the other parts of the city. It is well connected by trains, buses and public transports. Transport facility is also good in this locality. School, bank, ATM and hospital are available nearby the locality.

Shantanu Kumar, Mumbai

3rd July 2014

Hello Praveen,
Does the locality have 24 hrs water and power supply? Are there any good malls, hyper markets in this locality?

Ashish Bhoite, Mumbai

28th March 2014

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Hey Ashish,
Powai does not have any water issues at all as the locality gets its water supply from Powai lake. Also there is no problems as far the power is concerned as the area gets 24 hrs uninterrupted power supply.

Hey by the way the locality has many malls and super markets for meeting the daily requirements like Dmart, Reliance Digital, More super market etc. Also for entertainment purpose the locality has a go-karting zone where enthusiastic people can take a ride.

Abhijit Thanki, Mumbai

28th March 2014

Dear Vineet,
There are many good projects coming up in Powai like Hiranandani builders, L&T Realtors, Sumer Builders, Raheja Builders, Nahar Builders. Here are some of the list of reputed residential projects coming up in Powai.
1. L&T Emerald Isle
2. Water Lily
3. Dhanista Gardenia
4. Bhagtani Serenity
5. Balaji Trinity Royale
6. Shree Sai Sapphire
7. GHP Trinity

Praveen Modi, Mumbai

28th March 2014

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Hi,
Thanks for the updates. Can I have a list of good residential projects in Powai as I am planning to buy a flat in this locality and my budget is between 80- 1 crore.

Vineet Tendulkar, Mumbai

28th March 2014

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Hi Shantanu,
Powai has some of the best hospitals in town which are open 24 hrs and offer one of the best medical facility. The hospitals have good experienced doctors and surgeons and are well equipped with all latest medical facilities. The list of hospitals located in and near Powai are:
1. Hiranandani Hospital
2. Nahar Hospital
3. International Oncology Center
4. SB Nursing Home & ICU
5. Shree Hospital
6. Godrej Memorial Hospital

List of schools are:

1. Hiranandani Foundation School
2. SM Shetty High School & Junior College
3. Bombay Scottish School
4. Gopal Sharma Memorial School
5. Kendriya Vidyalaya
6. Powai English High School

Deepankar Godbole, Mumbai

28th March 2014

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Hi,
Has the locality has any good hospitals and schools in the vicinity? Since I am going to relocate from Ahmedabad. Your help is most needed.

Shantanu Kumar, Mumbai

28th March 2014

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Hi All,
In fact I came to know that current price that is prevailing in Powai is Rs. 25000 onwards for old building and goes upto Rs. 50000 for new ones.

Sankalp, Mumbai

28th March 2014

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Hello Bikram,
As I have plans of buying a property in this locality, can anybody let me know what is the present price per sqft? And also how well is the connectivity from Powai to other places in Mumbai?

Padma G, Mumbai

28th March 2014

Comment

Hello Padma,
The locality is excellently connected by both rail and road modes of transport. BEST buses are available from this place going towards Ghatkopar, Bhandup, Vikroli, Andheri and Bandra. You also get autos to reach other destinations. The nearest railway station is the Kanjurmarg station which is approx 2 kms from this locality. Powai is also close to Eastern Express Highway.

Lalit Verma, Mumbai

28th March 2014

Dear Rakshit,
Oh yes definitely. It is one of the most centrally located suburbs in central part of Mumbai. It is an excellent locality for investment purpose. Because of the huge demand for the flats in this area, you can expect 25-30% price appreciation in 1 year time.

Bikram, Mumbai

28th March 2014

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