Latest Answer: Good evening Pranab,
Yes, apartments in Powai can also bring you healthy returns. The current rental yield is 3.5%. Factors that driving rental demand are: presence of Kensington SEZ, which is an IT SEZ, and the IIT-Mumbai, Important roads offering connectivity and accessibility to the suburb include Jogeshwari-Vikhroli Link Road (JVLR) and LBS (Lal Bahadur Shastri) Marg. The Eastern Express Highway (EEH), which connects the eastern suburbs, passes close to Powai.
Latest Answer: Hi Keshav,
The rentals in the past two years in Powai have steadily grown and continue to grow. Hence, if you are a house owner who wants to rent out your apartment or a tenant looking for a good locality to stay for rent, Powai is an area you must check out.
Andheri SEEPZ is just about 5 km away from the area while Bandra Kurla Complex (BKC) is about 16.5 km away from the locality.
