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Home News & Articles Mumbai

Property Rates In Powai: Rs. 17,000 To Rs. 35,500 Per Sq. Ft Price

68% Property price appreciation & Rs. 35,500 average per sq. ft flat price of Powai defines its potential to homebuyers & investors. To know the best properties for you to invest in Powai, check out our article on property rates in Powai.

HomeBazaar Staff by HomeBazaar Staff
November 22, 2024
Property Rates In Powai

Page Contents [hide]

  • Overview: Powai
  • Present Per Square Feet Rate In Powai
  • Sub Locality Property Rates In Powai
  • YoY Appreciation Of Property Rates In Powai
  • Latest 1 BHK Flat Rates In Powai
  • Latest 2 BHK Flat Rates In Powai
  • Latest 3 BHK Flat Rates In Powai
  • FAQs

Overview: Powai

Powai is an upscale residential neighbourhood located in central Mumbai, Maharashtra, India. Nestled around the picturesque Powai Lake and surrounded by hills, Powai offers a serene and attractive living environment. 

Powai’s real estate market has gained significant attention in recent years, with the Andheri-Powai belt emerging as a hotspot in Mumbai’s real estate. 

Property Rates in Powai - Real Estate Overview of PowaiThis locality is known for its luxury apartments, villas, and gated communities, making it a favoured choice for affluent residents. It boasts a well-developed infrastructure, offering a blend of residential and commercial amenities.

Powai’s proximity to Powai Lake adds to its charm, providing residents with a beautiful natural setting in the midst of a bustling city. 

The area is home to several corporate offices, educational institutions, and healthcare facilities, making it a self-sustained neighbourhood. 

Additionally, Powai offers a variety of recreational opportunities, including Powai Garden and Hiranandani Gardens, enhancing the quality of life for its residents.

The real estate market in Powai has experienced steady growth, attracting both homebuyers and investors due to its prime location and modern amenities. With a mix of natural beauty and urban conveniences, Powai continues to be a desirable place to live and work in Mumbai.

 

Note:

Homebazaar serves homebuyers searching for flats in Powai with end-to-end services like site visits, and lower-interest home loans to property registration guidance. We provide the best price options & offers for 1 to 4 BHK RERA-registered flats, villas & penthouse properties in Powai. To begin a smooth homebuying journey with us, fill out the form mentioned below or on the right side.

Present Per Square Feet Rate In Powai

The latest per square feet rate in Powai is around Rs. 33,540.

Within the past few months, Powai was able to grow from Rs. 31,000 to Rs. 35,500 per sq. ft.

Property Rates in Powai - Present Per Square Feet Rate In PowaiIf you prefer affordable flat rates in Powai then have an opportunity to explore the prices of other sub-localities in Powai.

As sub-localities of Powai have a diversified range of per sq. ft prices which attracts homebuyers across the city & state.

Rs. 17,000 to Rs. 28,000 per sq. ft is the latest price range of apartments in the sub-localities of Powai.

Sub Locality Property Rates In Powai

Below are the nearby or sub-localities of Powai with its latest per sq. ft price. This is to help you choose the affordable option in Powai.

Locality Average Price Per Sq. Ft
Hiranandani Gardens Rs. 28,700
Chandivali Rs. 18,650
MHADA Colony 20 Rs. 18,590
IIT Area Rs. 20,810
Ramabai Ambedkar Nagar Rs. 20,500
Tirandaz Rs. 17,700
Panchkutir Ganesh Nagar Rs. 29,250

YoY Appreciation Of Property Rates In Powai

In the last 1 year, Powai had a price appreciation of 7%. 

And in the last 3 years, Powai was able to achieve 17% of property price appreciation.

The fascinating thing about Powai for every homebuyer is in the last 10 years, the locality has achieved a milestone of 68% property price appreciation.

Property Rates in Powai - YoY Appreciation Of Property Rates In PowaiAfter mid-2021, Powai took a high jump in the prices of property. From June 2021 to June 2023, Powai had a continuous growth in the per sq. ft prices of flats.

As the demand for residential spaces in Powai is now at its highest, the price appreciation is also expected to peak.

Latest 1 BHK Flat Rates In Powai

Reputed real estate developers in India have chosen Powai as their investment spot. And 1 BHK flat rate in Powai ranges around Rs. 95 lakhs to Rs. 1.52 Cr 

Property Rates in Powai - Latest 1 BHK Flat Rates In PowaiThe Top 7 homebuyers preferred 1 BHK flats in Powai with carpet area & prices are mentioned below.

  • Kanakia The Master Collection

The Kanakia The Master Collection 1 BHK flat rates in Powai start from Rs. 1.52 Cr for 430 sq. ft.

  • Hiranandani Regent Hill

The Hiranandani Regent Hill 1 BHK flat rates in Powai start from Rs. 1.49 Cr for 379 sq. ft.

  • Hiranandani Sorrento

The Hiranandani Sorrento 1 BHK flat rates in Powai start from Rs. 1.48 Cr for 380 sq. ft.

  • L&T Emerald Isle

The L&T Emerald Isle 1 BHK flat rates in Powai start from Rs. 1.18 Cr to Rs. 1.4 Cr for 360 sq. ft to 382 sq. ft.

  • Nahar Amaryllis

The Nahar Amaryllis 1 BHK flat rates in Powai start from Rs. 1.09 Cr to Rs. 1.2 Cr for 366 sq. ft to 387 sq. ft.

  • L&T Veridian

The L&T Veridian 1 BHK flat rates in Powai start from Rs. 1.09 Cr to Rs. 1.17 Cr for 361 sq. ft to 382 sq. ft.

  • Sumer Life

The Sumer Life 1 BHK flat rates in Powai start from Rs. 95.55 lakhs for 455 sq. ft.

Latest 2 BHK Flat Rates In Powai

Rs. 1.05 Cr to Rs. 3.12 Cr is the price range of 2 BHK flats rates in Powai among the top 5 residential projects.

Property Rates in Powai - Latest 2 BHK Flat Rates In PowaiThe 5 best 2 BHK flats in Powai with carpet area & prices are mentioned below.

  • GHP Dream of Powai

The GHP Dream Of Powai 2 BHK flat rates in Powai start from Rs. 1.51 Cr to Rs. 2.02 Cr for 630 sq. ft to 926 sq. ft.

  • Passcode Eye of Powai

The Passcode Eye Of Powai 2 BHK flat rates in Powai start from Rs. 1.05 Cr to Rs. 2.1 Cr for 458 sq. ft to 916 sq. ft.

  • Kanakia Silicon Valley

The Kanakia Silicon Valley 2 BHK flat rates in Powai start from Rs. 2.29 Cr to Rs. 3.12 Cr for 666 sq. ft to 820 sq. ft.

  • L&T Elixir Reserve

The L&T Elixir Reserve 2 BHK flat rates in Powai start from Rs. 2.35 Cr to Rs. 3 Cr for 658 sq. ft to 835 sq. ft.

  • Highland Hiranandani Gardens

The Highland Hiranandani Gardens 2 BHK flat rates in Powai start from Rs. 2.41 Cr to Rs. 2.61 Cr for 566 sq. ft to 620 sq. ft

Latest 3 BHK Flat Rates In Powai

Rs. 3.25 Cr to Rs. 4.5 Cr is the price range of 3 BHK flat rates in Powai at reputed residences such as Hiranandani & Lodha Group.

Property Rates in Powai - Latest 3 BHK Flat Rates In PowaiThe 2 best 3 BHK flats in Powai with carpet area & prices are listed below.

  • Hiranandani Empress Hill

The Hiranandani Express Hill 3 BHK flat rates in Powai start from Rs. 4.5 Cr for 1100 sq. ft.

  • Lodha Bellagio

The Lodha Bellagio 3 BHK flat rates in Powai start from Rs. 3.25 Cr to Rs. 4.54 Cr for 918 sq. ft to 1205 sq. ft.

FAQs

Which are the best 1 BHK flats in Powai?

Kanakia The Master Collection, Hiranandani Regent Hill, L&T Emerald Isle, Nahar Amaryllis, L&T Veridian & Sumer Life have the best 1 BHK flats in Powai.

Which are the best 2 BHK flats in Powai?

GHP Dream of Powai, Passcode Eye of Powai, L&T Elixir Reserve, Highland Hiranandani Gardens & Kanakia Silicon Valley have the best 2 BHK flats in Powai.

Which are the best 3 BHK flats in Powai?

Hiranandani Empress Hill & Lodha Bellagio are the top 2 best 3 BHK flats in Powai.

What is the latest per sq. ft rate in Powai?

Rs. 33,540 is the per sq. ft flat rate in Powai.

What is the YoY property price appreciation of Powai?

17% in the last 3 years & 68% in the past 10 years is the YoY property price appreciation of Powai.

Tags: 2 BHK flats in Powai3 BHK flats in Powaiflats in PowaiPowaiPowai real estate
HomeBazaar Staff

HomeBazaar Staff

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