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Bandra to Virar · Thane · Powai
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Planned township · premium

Powai

A planned township around a lake with its own office base, schools and retail. Sits off the western line entirely, reached by JVLR.

Residential
₹25,000 – 32,000
Commercial
₹28,000 – 42,000
1-year change
+6%
Rental yield
~3%
Approximate rates per sq ft

What you would pay in Powai

TypeApprox rate / sq ftWhat moves it
Residential₹25,000 – 32,000Age, floor, amenities, station distance
Commercial₹28,000 – 42,000Frontage, footfall, floor plate, tenant
Plot / landLimited public dataZone, N.A. status, road access

All figures approximate ranges for orientation, not valuations. Commercial and plot rates carry thinner public data than residential and vary widely by frontage, floor and approvals.

What your budget buys

Typical prices in Powai

Indicative bands, worked from local asking rates and typical carpet sizes. Actual prices turn on the building, the floor, the age and the amenities.

ConfigurationIndicative priceLoan at 80%
1 BHK
about 400 sq ft carpet
₹1.00 cr – ₹1.28 cr₹80 L – ₹1.02 cr
2 BHK
about 620 sq ft carpet
₹1.55 cr – ₹1.98 cr₹1.24 cr – ₹1.59 cr
3 BHK
about 900 sq ft carpet
₹2.25 cr – ₹2.88 cr₹1.80 cr – ₹2.30 cr
Five-year trend

Where prices have come from

index 100 = 2021+24% / 5 yrs202120222023202420252026

Indexed to 100 in 2021, built from the reported five-year appreciation for this locality. A trend, not a forecast — past movement does not carry forward.

What drives this market

·
Hiranandani Gardens and the lake
·
Its own office cluster and IIT Bombay
·
JVLR and the Eastern Express Highway
·
Metro Line 6 under construction — the thing to watch
Infrastructure & what is coming

Connectivity

Hiranandani Gardens and Powai lake
Operational
Its own office cluster and IIT Bombay
Operational
JVLR and the Eastern Express Highway
Operational
Metro Line 6 — Swami Samarth Nagar to Vikhroli
Under construction

Metro and corridor status from MMRDA and Mumbai Metro project information, August 2026. Infrastructure dates move — treat announced timelines as intent, not certainty.

If you are letting it out

Rental snapshot

Typical 2 BHK rent
about ₹44,000 a month
at a gross yield near ~3%, before maintenance and tax

Indicative only. Actual rent turns on furnishing, floor, building and tenant profile.

Our read

A township with its own economy, which is why it holds value independently of the western line. Metro 6 is the thing to watch.

Before you buy here

Check
Recent closings in the same building, not the locality average.
Check
Project RERA registration, and the developer’s delivery record on earlier projects.
Check
Carpet area against the price quoted — loading of 30–40% is common.
Check
Society dues, pending litigation and the title chain before you pay anything.
Get comparables for a building
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