These are the latest property rates in Powai, Mumbai — the lake, IIT Bombay and Hiranandani township district off the JVLR, with one of the eastern suburbs’ largest office markets — with configuration-wise price estimates, rental figures, and how Powai compares with its own Hiranandani Gardens enclave.
Commercial Property Rates in Powai
Commercial rates in Powai change a lot from one building to the next: floor, frontage, road, fit-out and lease terms can move the price by 2× or more. A single per sq.ft figure would mislead, so we share current deal rates on request.
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Property Rates in Powai by BHK
These property rates in Powai reflect actual listed prices on a carpet-area basis, across Hiranandani Gardens, the JVLR frontage, Powai Lake-side societies, Chandivali and the IIT-market pockets.
Rental Rates in Powai
From independent market research, not Asraa Realty’s own rental listings. A 2 BHK in Powai typically rents for ₹55,000–90,000/month depending on building, floor, furnishing and lake view; gross yield is around 3%. Corporate demand from the Powai office parks and IIT Bombay underpins the rental market.
Property Rates in Powai: Price Trend
Earlier points derived from published appreciation data (+32.2%/5yr, +21.6%/3yr, +7.9%/1yr). Powai has been a consistent strong performer — the rate rose from about ₹38,150/sq.ft in September 2025 to the low-₹40,000s by mid-2026.
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Live Listings in Powai
No active Asraa Realty residential listing is currently confirmed as being in Powai specifically with a displayable price at time of research.
Powai & Nearby
| Locality | Rate | vs Powai |
|---|---|---|
| Hiranandani Gardens Powai | ₹48,000 | +17% |
| Powai (this locality) | ₹41,000 | — |
| Kanjurmarg West | ₹27,000 | -34% |
Rates are independently researched and cross-verified as of 7 September 2026. Hiranandani Gardens is the premium enclave within Powai and trades about 17% above the wider locality; the adjoining Central Line stations (Kanjurmarg, Vikhroli) run at a large discount to Powai itself.
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Chat on WhatsApp or call +91 96199 73211About Powai
Powai wraps around Powai Lake and IIT Bombay, connected to the eastern and western suburbs by the Jogeshwari–Vikhroli Link Road (JVLR). It is best known for the Hiranandani Gardens township, but also takes in Chandivali, the Powai Lake-side societies and the large office parks along Saki Vihar Road.
What Affects Prices in Powai
Compare all flats for sale in Powai, with prices and possession in one place.
Frequently Asked Questions
Common questions about property rates in Powai, covering residential, commercial and rental figures.
What are the current property rates in Powai?
The average asking rate in Powai is around ₹41,000 per sq.ft carpet area (as of mid-2026) — portals put it between ₹40,850 and ₹42,650/sq.ft — up about 8% over the last year and 32% over five years.
An indicative transaction benchmark — a market estimate of what deals may actually close at, not independently verified — is around ₹33,000 per sq.ft. The government Ready Reckoner rate (built-up area) is estimated near ₹22,000 per sq.ft.
What is the price range for a flat in Powai?
Based on current market listings, a 1 BHK in Powai is typically priced between ₹1.20 Cr and ₹1.95 Cr, and a 2 BHK between ₹2.10 Cr and ₹3.80 Cr.
A 3 BHK spans a wide ₹3.90–7.50 Cr, with branded lake-facing Hiranandani Gardens stock well above older Chandivali and JVLR society flats.
Property rates in Powai on this page are indicative, on a carpet-area basis, from current listings and published research. The Ready Reckoner rate is set by IGR Maharashtra. These figures are not a valuation.
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