Powai, Mumbai
A lakeside, planned township suburb with IIT Bombay, Hiranandani Gardens and a deep tenant market.
- ₹37,928
- Price per sq ft, carpet area
- ₹137.5
- Monthly rent per sq ft
- 4.18%
- Gross rental yield, estimated
Figures updated November 2026.
Locality snapshot
Powai is a planned lakeside suburb around Hiranandani Gardens, IIT Bombay and Powai Lake, with offices, malls, schools and gardens close to housing. Its residents include tech and corporate professionals and IIT staff.
The Jogeshwari-Vikhroli Link Road connects it to the western suburbs, and Metro Line 6 is planned. Prices are premium for the eastern suburbs.
Suits
- Tech and corporate professionals
- Families who want a planned township
- Students and faculty of IIT Bombay






