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, commercial rates, and how Powai compares with its own Hiranandani Gardens enclave.
Commercial Property Rates in Powai
For Sale
On a carpet-area basis, from real listing examples across the Hiranandani Business Park, Supreme Business Park and Kensington/Gigaplex clusters. Not Asraa Realty’s own commercial data.
For Rent / Lease
Figures per sq.ft/month on a carpet-area basis, from real listing examples. Powai’s average office rent rose from about ₹121/sq.ft/month in late 2024 to ₹131 a year later, with Hiranandani Knowledge Park, Supreme Business Park and Kensington towards the top. Not Asraa Realty’s own commercial data.
Estimated Property Prices in Powai
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.
The wide 3 BHK band reflects the gap between older Chandivali-side and JVLR society stock and the branded lake-facing towers in Hiranandani Gardens, which sell well above the locality average.
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.
Powai Property 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.
Estimate Your Property’s Value
Enter the carpet area and configuration of a property in Powai to get an instant range, between the indicative transaction benchmark and the current asking rate.
Estimate only, based on carpet area (per RERA’s mandatory quoting rule) — actual value depends on the specific unit.
This is a quick estimate using this locality’s researched transaction and asking rates. For a precise, property-specific valuation, get an exact valuation.
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.
Talk to an advisor about Property Rates in Powai, Mumbai (2026)
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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.
It has been one of Mumbai’s most consistent performers — up about 32% over five years and 8% over the last year. Corporate demand is a big part of the story: the Powai office market runs from Grade-A parks such as Hiranandani Business Park and Supreme Business Park to the Kensington and Gigaplex clusters.
At around ₹41,000/sq.ft asking, Powai sits between the mid-suburban Central Line and the premium western suburbs. Registered deeds across the wider catchment average much lower (near ₹26,000/sq.ft) because they include older Chandivali and JVLR society stock; our ₹33,000 benchmark is a filtered estimate.
What Affects Prices in Powai
Frequently Asked Questions
Common questions about property rates in Powai, covering residential, commercial and rental figures.
What is the current property rate 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.
Is Hiranandani Gardens more expensive than the rest of Powai?
Yes — Hiranandani Gardens averages around ₹48,000/sq.ft, roughly 17% above the wider Powai locality. It is a master-planned township with its own mall, hospital, schools and lake frontage, and its premium lake-facing towers trade well above ₹50,000/sq.ft.
What are commercial office rates in Powai?
Grade-A office space in Powai sells for roughly ₹28,000–45,000/sq.ft carpet, and leases for about ₹120–150/sq.ft/month bare-shell and ₹180–220/sq.ft/month fitted in the premium business parks.
The average office rent in Powai rose from about ₹121 to ₹131/sq.ft/month over 2024–25.
Are these rates guaranteed, and how are they calculated?
No — the asking, transaction and Ready Reckoner rates are sourced from independent third-party market research, not guaranteed or a substitute for a professional valuation.
Asraa Realty separately began recording its own monthly rate snapshot for this locality on 7 September 2026. For an exact, property-specific figure, use the enquiry form above.
About Our Property Rate Data
Rates on this page — asking, transaction benchmark, Ready Reckoner, BHK, commercial and rental figures — are drawn from independent published research and government records, not generated by Asraa Realty.
All figures are on a carpet-area basis, per RERA’s mandatory quoting requirement.
Powai’s raw registered-deed average (near ₹26,100/sq.ft, on about 2,300 deals worth ₹5,185 Cr in a year) reads low because it spans the whole Powai catchment, including older Chandivali and JVLR society stock. 99acres’ filtered flat transaction rate is ₹37,925/sq.ft; our ₹33,000 benchmark sits between the two. The Ready Reckoner figure is an estimate for the Powai zone.
Actual prices vary by building, floor, view, and negotiation, and are not a substitute for a professional valuation. Use the enquiry form above for a precise, property-specific estimate.
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