Latest Answer: Even last year, a single judge of the High Couirt had in January also restrained Lakeview Developers and others from constructing small 40 and 80 sq.mt houses after 8 housing societies, including Eternia, in the Powai Area Development Scheme took them to court. Because, the developer was merely following an earlier HC order to construct affordable housing.
Latest Answer: @Anuskha,
If you are planning for investment then it may provide best returns, only you have to hold it for 24- 36 months. In addition to the infra push by current govt. in major areas, may just help in keeping the rates constant.
In February 2013, when Phase-1 was launched the price was 15000/sq-ft. The rate today stands at Rs. 17250/sq-ft. This translate into 14% growth in 1.5 yrs.
Latest Answer: Hi Arushi,
I have read somewhere that Housing.com has taken up a lease of 1.5 lakh sq. ft. in Powai's Hiranandani Complex in Mar 12, 2015.
Powai is growing as Mumbais new start-up valley as it is seeing a good number of start-ups in recent times. Some of the recent start-ups consist of Powai Lake Ventures and Tiny Owl in Dec 2, 2014.