Properties in Powai, Mumbai
2 active listings · Maharashtra · PIN 400072
2 properties listed for sale in Powai, Mumbai on Realty of India. Buyers also consider nearby Thane West, Andheri East, Kandivali East, and Malad East. Every listing on Realty of India carries RERA registration where applicable, and ROI Verified brokers are clearly badged so you know who you're working with.
Living in Powai
Powai is a well-established residential-and-commercial suburb in Mumbai's Eastern Suburbs (Mumbai Suburban district), PIN 400076, built around the artificial Powai Lake created in 1891. It is bounded by LBS Marg to the north-east, Sanjay Gandhi National Park to the north, Chandivali to the south-west and Vikhroli Parksite to the south-east, and is crossed by the Jogeshwari-Vikhroli Link Road (JVLR).
Powai is home to IIT Bombay (est. 1958) and IIM Mumbai (est.
1963), and to the large Hiranandani Gardens township. Extensive development since the 1990s, anchored by Hiranandani Business Park, has made it one of Mumbai's most prominent IT, corporate and residential hubs.
- One of Mumbai's most prominent lifestyle and commercial hubs, with exclusive residential complexes, luxury hotels, recreational centres and cultural destinations.
- Home to IIT Bombay, giving the locality a strong identity as a start-up hub, with firms such as Bewakoof, TinyOwl and Bizongo having been based here.
- Established corporate presence with multinationals such as TCS, Cognizant, Deloitte and CRISIL, plus dedicated office parks like Hiranandani Business Park.
- Strong connectivity via JVLR and LBS Marg, with Kanjurmarg railway station and Saki Naka metro nearby, further aided by the upcoming Metro Line 6.
- Ample greenery and the landscaped Powai Lake give the locality a high liveability score and an attractive, green residential setting.
- Heavy peak-hour traffic congestion along JVLR, worsened by narrow internal roads near Powai Lake.
- Property prices and rents are among the highest in Mumbai's central suburbs, with premium society maintenance costs.
- Parking shortages in busy commercial pockets, with weekend crowding near malls, cafes and restaurants.
- Low-lying pockets such as Milind Nagar face recurring monsoon waterlogging, prompting resident protests over BMC drainage upkeep.
- Rapid redevelopment activity has raised concerns over tree-cutting and shrinking green cover at some Powai construction sites.
Powai lies along the Jogeshwari-Vikhroli Link Road (JVLR), linking Mumbai's western and eastern suburbs, with the Eastern Express Highway offering a further link toward South Mumbai and Thane. Internal movement runs via Saki Vihar Road and Chandivali Lane.
Kanjurmarg and Vikhroli are the nearest suburban railway stations on the Central Line. Metro Line 6, under construction along this corridor, should further improve east-west connectivity once operational.
Chhatrapati Shivaji Maharaj International Airport is a short drive away, though peak traffic can extend journey times.
Powai is anchored by two of India's premier institutes: IIT Bombay (established 1958), sited on the eastern shore of Powai Lake, and IIM Mumbai (established 1963, formerly NITIE), located close to the lake's north bank. The suburb also has a campus of Bombay Scottish School, along with S M Shetty School and College, Gopal Sharma School and Chandrabhan Sharma College.
IIT Bombay's incubation cells have helped establish Powai as a start-up hub, earning it the nickname 'Powai Valley'.
Powai is one of Mumbai's established commercial and IT hubs, with a well-connected road network supporting business activity. The Indian Institute of Technology, Mumbai (IIT-Mumbai) was built here in 1958, and major companies including Bayern, Deloitte, CRISIL and Nomura have set up offices in the region.
The locality's office parks and social infrastructure have made it one of Mumbai's most influential commercial neighbourhoods.
Powai's principal attraction is Powai Lake, an artificial lake dammed in 1891 during British rule to help supply drinking water to Bombay; the water is no longer fit for drinking due to sewage and silt inflow, but the lake remains a tourist attraction used for recreation, gardening and fishing. IIT Bombay sits to its east and IIM Mumbai (formerly NITIE) close to its north bank.
A 2022 BMC census counted at least 18 Indian marsh crocodiles living in the lake, which overflows into the Mithi River for about sixty days most years during monsoon.
Powai's lifestyle offering rates among the highest of Mumbai's central suburbs, with a 'lifestyle' score of 4.3 out of 5 driven by its malls, restaurants and open spaces.
The locality is tagged as a weekend-hangout destination, with cafes and shopping options centred on the Hiranandani area, alongside the Powai Lake waterfront that draws residents for evening walks and leisure.
Powai falls mainly within Brihanmumbai Municipal Corporation's S-Ward, the largest ward in Mumbai. The privately run Dr L H Hiranandani Hospital, located within the Hiranandani complex, was the area's first superspeciality hospital.
Prolific construction over the last two decades has given Powai one of the highest residential population densities in suburban Mumbai, though this has also brought excessive concretisation, a shrinking number of open spaces and green cover, and rising pollution levels.
Active listings in Powai
Office space for rent in Powai, Mumbai offers 24,000 sq ft of fully furnished area, ideal for co-working spaces and BPO operations. Locat…
Opulent Apartment For Sale in Hiranandani Glenn Gate Experience elegance and luxury in the heart of the city with this radiant apartment …
Frequently asked
- How many properties are listed for sale in Powai, Mumbai?
- There are currently 2 properties listed for sale in Powai, Mumbai on Realty of India. Listings are updated in real time as brokers post, edit, or close their inventory.
- Are ROI Verified brokers active in Powai, Mumbai?
- No ROI Verified broker listings in Powai, Mumbai yet. Independent market brokers are live; you can also filter for ROI Verified inventory site-wide.
- How does the Rishta Engine match buyers and properties?
- You tell us what you want — BHK, locality, budget, timeline. The Rishta Engine watches every new listing across the network and pairs you with the right matches, not 14,000 listings. Posting a buyer profile takes 60 seconds; matches arrive via WhatsApp the moment a property lists. Your phone number stays masked from brokers until you choose to reveal it.
- Are there any fees to browse Powai, Mumbai?
- No — browsing properties, posting buyer requirements, and getting paired with three best-fit matches are always free for seekers. No subscriptions, no contact-credit packs, no paywalls. Brokers pay separately if they apply for ROI Verified status.
- Why does RERA registration matter when buying property in India?
- RERA is the Real Estate Regulatory Authority — every project above a small threshold must register with the state RERA portal, and the registration ID is publicly verifiable. Buying a RERA-registered property gives you statutory protection on possession date, project specs, and refund timelines if the builder defaults. Every listing on Realty of India shows the RERA pill linked to the state portal so you can verify independently.
- How much is stamp duty when I buy a flat in India?
- Stamp duty rates vary by state — Maharashtra charges ~5–6%, Karnataka ~5%, Delhi 4–6%, depending on whether the buyer is male/female/joint. Registration charges add another ~1%. Use the in-built Stamp Duty calculator on Realty of India for the exact rate for your city and buyer profile.
- Can I get a home loan on properties I find through Realty of India?
- Yes. Listings carry the documents most lenders need to underwrite — RERA ID where applicable, OC (Occupancy Certificate) status, society approval, and clear title chain. Banks and NBFCs (HDFC, SBI, ICICI, LIC HFL, Bajaj Finserv) lend up to 80–90% of property value depending on your eligibility. The EMI calculator on Realty of India estimates your monthly payment.
- What is the difference between ready-to-move, under-construction, and new launch?
- Ready-to-move means OC has been received and you can move in immediately — lower risk, no GST. Under-construction means the project is mid-build with a possession date — typically 12–18% cheaper than ready-to-move but you pay GST and bear delay risk. New launch is fresh inventory at the project's launch price — earliest entry, longest wait. ROI shows construction status on every listing card.