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Property Rates in Powai, Mumbai

Comprehensive Market Snapshot

Powai's real estate market currently presents an average asking price of ₹42,631 per sq ft, with registration rates around ₹27,042 per sq ft. The rental market, while not having an overall average rate available, shows specific BHK segments ranging from ₹18,167 per month for studios to ₹2.5 Lakh per month for 4 BHK apartments, indicating a robust rental demand across various unit sizes. The market is experiencing positive price trends, with projections showing continued growth.

  • Asking Sale Price₹ 42,631 /sq.ft
  • Govt. Registration Prices₹ 27,042 /sq.ft
  • Average Rental₹ 125 /sq.ft
  • Rental Yield3.52 %

Insights for Powai, Mumbai Real Estate Market

Powai's property market is showing a positive trajectory, with asking prices currently standing at ₹42,631 per sq ft and registration rates at ₹27,042 per sq ft. Price trends indicate a steady upward movement, with projected rates for March 2026 reaching ₹42,631 per sq ft. In the rental segment, while a consolidated average isn't provided, individual BHKs demonstrate strong rental potential, with 4 BHK apartments commanding ₹2.5 Lakh per month and 3 BHKs at ₹1.27 Lakh per month. The overall rental yield is noted at 3.52%. Transaction data reveals significant activity, with 1513 transactions recorded between May 2025 and April 2026, generating a gross value of ₹3,127 Cr at an average registered rate of ₹27,050 per sq ft. Hiranandani emerges as the dominant developer by transactions, with 74 deals, underscoring their significant market share and buyer trust. The property type breakdown shows apartments are the most prevalent, with an average rate of ₹42,631 per sq ft, followed by villas at ₹38,336 per sq ft and office spaces at ₹33,348 per sq ft.

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Property Price Trends in Powai, Mumbai

Asking Price Trends

The real estate market in Powai is demonstrating a consistent upward trend in property values. Projections indicate that the location rate is expected to climb from ₹38,162 per sq ft in September 2025 to ₹42,631 per sq ft by March 2026. This growth suggests increasing demand and value appreciation within the area.

Quarter City Rate
Mar 2026 42631
Dec 2025 40964
Sep 2025 38162
Jun 2025 38947
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Price Trends by Property Type

Powai's real estate market offers a diverse range of property types, each with distinct pricing and market performance. Apartments are the most prominent, averaging ₹42,631 per sq ft with a 4.07% change, reflecting steady demand. Villas also show strong performance, priced at ₹38,336 per sq ft with a significant 33.84% increase. Office spaces are available at ₹33,348 per sq ft, experiencing a substantial 52.35% rise, indicating a dynamic commercial real estate sector.

Type Rate (₹/sq.ft) Change %
Office Space 33,348 52.35
Villa 38,336 33.84
Apartment 42,631 4.07
Price Trends by Project Status

The Powai property market presents a varied supply across different project development stages. Ready To Move properties, comprising 219 units, are priced at ₹32,552 per sq ft, showing a slight decrease of 2.73%. Under Construction projects, with 19 units available, are priced at ₹36,645 per sq ft, marking a 7.55% increase. New Launch projects, though fewer in number (3 units), are priced at ₹26,120 per sq ft with a slight dip of 1.18%.

Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 301 32,504 -1.53
Under Construction 19 36,645 7.55
New Launch 3 26,120 -1.18
Price Trends by Localities

Powai's diverse micro-markets offer varied price points, catering to a range of budgets and investment strategies. Chandivali commands an average rate of ₹34,033 per sq ft, showing a notable 7.67% increase. Other areas like Vikhroli West and Marol also present competitive rates, averaging ₹29,284 per sq ft and ₹30,840 per sq ft respectively, with Vikhroli West seeing a significant 11.29% change. Meanwhile, LBS Marg is priced lower at ₹25,397 per sq ft, though it has experienced a 7.48% decrease.

Location Rate (₹/sq.ft) Change %
Chandivali 34,033 7.7
Tunga Village 29,784 1.5
Vikhroli West 29,284 11.3
Marol 30,840 2.6
Lbs Marg 25,397 -7.5
Kurla West 29,117 28.3
Kanjurmarg West 26,998 -0.7
Tagore Nagar 25,824 15.4
Ghatkopar West 29,159 0.6
Datar Colony 26,951 -

Project and Developer Insights

Top Projects in Powai
LnT Elixir Reserve is the top project in Powai with prices from ₹ 3.58 Cr to 10.63 Cr.
LnT Elixir Reserve ₹ 3.58 Cr - ₹ 10.63 Cr
  • Mumbai Central Suburbs, Mumbai
Lodha Bellagio ₹ 3.58 Cr - ₹ 10.05 Cr
  • Mumbai Central Suburbs, Mumbai
Hiranandani Empress Hill ₹ 6 Cr - ₹ 10.36 Cr
  • Mumbai Central Suburbs, Mumbai
Runwal Avenue ₹ 1.16 Cr - ₹ 2.51 Cr
  • Mumbai Central Suburbs, Mumbai
Runwal Meadows ₹ 1.85 Cr - ₹ 4.79 Cr
  • Mumbai Central Suburbs, Mumbai
Lodha Corinthia ₹ 2.35 Cr - ₹ 3.14 Cr
  • Mumbai Central Suburbs, Mumbai
Runwal Bliss ₹ 1.19 Cr - ₹ 5.26 Cr
  • Mumbai Central Suburbs, Mumbai
Lodha Vikhroli ₹ 1.93 Cr - ₹ 2.89 Cr
  • Mumbai Central Suburbs, Mumbai
Lodha Riservo ₹ 3.65 Cr - ₹ 5.08 Cr
  • Mumbai Central Suburbs, Mumbai
LnT Centrona ₹ 1.89 Cr - ₹ 1.89 Cr
  • Mumbai Central Suburbs, Mumbai
View More
New Launch
Under Construction
Ready to Move
Top Projects by Listing Rates, Transaction Count and Transaction Value

Powai's luxury segment is highlighted by premium asking rates in its top residential projects. Projects like Vasu Kamal and Hiranandani Gardens Somerset are priced at ₹70,284 per sq ft and ₹57,232 per sq ft respectively, reflecting significant demand for high-end living. Hiranandani Avalon also commands a premium at ₹55,510 per sq ft. These top-tier developments showcase the aspirational end of the Powai real estate spectrum.

  • Listing Rate
  • By Value
  • By Transaction
Project Name Rate (₹/sq.ft) Change %
Vasu Kamal 70,284 6.1
Hiranandani Gardens Somerset 57,232 6.6
Hiranandani Avalon 55,510 17.2
Castle Rock 54,054 12
Hiranandani Gardens Richmond Tower 52,500 12.6
Hiranandani Gardens Octavius 52,481 1.7
Hiranandani Gardens Glen Ridge 51,975 0.6
Hiranandani Highland 51,972 0.7
Hiranandani Gardens Torino 51,489 2.4
Hiranandani Empress Hill 51,364 7.8
Project Name Current Price (₹/sq.ft) Sale Value Change %
Lnt Realty Emerald Isle 37,186 ₹ 28.28 Cr 2.6
Hiranandani Gardens Evita 48,128 ₹ 26.8 Cr -
Tivoli Chs 50,000 ₹ 21.09 Cr 17.8
Hiranandani Gardens Florentine 41,364 ₹ 20.3 Cr 11.6
Hiranandani Gardens Odyssey 51,172 ₹ 18.2 Cr 1.7
Highland 52,318 ₹ 18.16 Cr -7.3
Hiranandani Castle Rock 48,943 ₹ 16.85 Cr 11.3
Hiranandani Solitaire Chs 37,362 ₹ 16.5 Cr -2.1
Hiranandani Atlantis 46,568 ₹ 14.31 Cr -1.1
K Raheja Vistas 35,153 ₹ 12.72 Cr 0.9
Project Name Current Price (₹/sq.ft) Transactions Change %
Lnt Realty Emerald Isle 37,186 12 2.6
Hiranandani Gardens Florentine 41,364 9 11.6
Hiranandani Gardens Evita 48,128 8 -
Highland 52,318 6 -7.3
Hiranandani Solitaire Chs 37,362 6 -2.1
Hiranandani Gardens Odyssey 51,172 5 1.7
Tivoli Chs 50,000 5 17.8
Hiranandani Castle Rock 48,943 5 11.3
Godrej Urban Park 34,960 5 -7.7
Yarrow Yucca Vinca 31,581 5 -4.1
Top Projects by Rental Rates

Among top rental projects, NSG Chittaranjan Tower leads with a current rental rate of ₹185 per sq ft, followed closely by Hawai Apartment at ₹175 per sq ft. Hiranandani Heritage Tower is priced at ₹169 per sq ft, showing a 5.06% decrease, while Hiranandani Regent Hill and Hiranandani Gardens Torino are both at ₹159 per sq ft.

Project Name Rate (₹/sq.ft) Change %
Nsg Chittaranjan Tower 185 -
Hawai Apartment 175 -
Hiranandani Heritage Tower 169 -5.1
Hiranandani Regent Hill 159 -3
Hiranandani Gardens Torino 159 -
Hiranandani Sovereign 158 -
Castle Rock 158 -0.6
Hiranandani Castle Rock Wing C And D 155 -6.6
Hiranandani Castle Rock 155 -6.1
Hiranandani Atlantis 154 10
Top Developers in Mumbai
Lodha leads in Mumbai with 110 projects and 39 years of experience.
DLF
Lodha ₹ 67.27 L - ₹ 98.63 Cr
  • 110 Projects
  • 39 Years
DLF
Kalpataru ₹ 97.29 L - ₹ 71.98 Cr
  • 82 Projects
  • 50 Years
DLF
Hiranandani ₹ 1.02 Cr - ₹ 10.36 Cr
  • 77 Projects
  • 34 Years
DLF
Mayfair Housing ₹ 1.17 Cr - ₹ 15 Cr
  • 50 Projects
  • 52 Years
DLF
Oberoi Realty ₹ 2.23 Cr - ₹ 57.16 Cr
  • 33 Projects
  • 39 Years
DLF
Shapoorji Pallonji ₹ 90.41 L - ₹ 21.5 Cr
  • 29 Projects
DLF
K Raheja Corp ₹ 1.30 Cr - ₹ 70 Cr
  • 27 Projects
  • 63 Years
DLF
LT Realty Limited ₹ 1.50 Cr - ₹ 13 Cr
  • 22 Projects
DLF
Ekta World ₹ 94.87 L - ₹ 21 Cr
  • 77 Projects
  • 31 Years
DLF
Raheja Universal ₹ 85 L - ₹ 26.39 Cr
  • 58 Projects
  • 39 Years
View More
Top Developers by Transaction Count

Powai's luxury segment is highlighted by premium asking rates in its top residential projects. Projects like Vasu Kamal and Hiranandani Gardens Somerset are priced at ₹70,284 per sq ft and ₹57,232 per sq ft respectively, reflecting significant demand for high-end living. Hiranandani Avalon also commands a premium at ₹55,510 per sq ft. These top-tier developments showcase the aspirational end of the Powai real estate spectrum.

  • By Transaction
Developer Transactions
Hiranandani 74
Lt Realty Limited 13
Nahar Group 10
K Raheja Corp 8
Ghp Group 8
Godrej 5
Supreme Universal 5
Ekta World 5
Sapphire 4

Government Registration in Powai, Mumbai

  • Sales Transactions1,513
  • Gross Sales Value₹ 3,127 Cr
  • Registered Rate₹ 27,050 /sq.ft

Powai's real estate market has seen substantial activity, with 1513 transactions recorded between May 2025 and April 2026, totaling ₹3,127 Cr in gross value. The average registered rate stands at ₹27,050 per sq ft. Hiranandani leads in developer transactions with 74 deals, and LnT Realty Emerald Isle is a top project by transactions with 12 units sold.

Property Rental Trends in Powai, Mumbai

Rental Trends by Unit Type

The rental market in Powai offers a wide range of options across different unit types. Studio apartments average ₹18,167 per month, while 1 BHK units are priced at ₹57,159 per month. Demand increases significantly for larger units, with 2 BHKs averaging ₹83,750 per month, 3 BHKs at ₹1.27 Lakh per month, and 4 BHKs commanding ₹2.5 Lakh per month.

Unit Type Rate (₹)
Studio 18,167
1 Bhk 57,159
2 Bhk 83,750
3 Bhk 1,26,904
4 Bhk 2,49,659
Rental Trends by Nearby Localities

Rental rates vary across Powai's localities, with Sainath Nagar showing a high average of ₹161 per sq ft. Chandivali averages ₹109 per sq ft with a slight decrease of 0.91%, while Vikhroli West averages ₹100 per sq ft, also experiencing a minor dip of 0.99%. Budhia Jadhav Wadi stands out with a 1.77% increase, averaging ₹115 per sq ft.

Locality Rate (₹/sq.ft) Change %
Mhada Colony 20 100 -
Sainath Nagar 161 -
Chandivali 109 -0.9
Tirandaz 92 -
Varsha Nagar 102 -
Budhia Jadhav Wadi 115 1.8
Vikhroli West 100 -1
Hmpl Surya Nagar 93 8.1
Pitamaha Ramji Nagar 117 -
Chandan Nagar 89 -2.2
Rental Trends by Property Type

Rental rates for different property types in Powai show distinct trends. Office spaces are averaging ₹213 per sq ft, with a decrease of 4.48%. Apartments, the more common residential option, are averaging ₹125 per sq ft, also seeing a decrease of 4.58%.

Property Type Rate (₹/sq.ft) Change %
Office Space 213 -4.5
Apartment 125 -4.6

FAQs about Property Rates in Powai, Mumbai

What is the average asking price in Powai as of March 2026, and how has it changed recently?

As of March 2026, the average asking price in Powai is ₹42,631 per sq ft. This represents an appreciation of 4.07% from December 2025, indicating a steady increase in property values. The current listing count stands at 969 properties.

How have property rates in Powai trended over the last few quarters?

Property rates in Powai have shown an upward trend over the last few quarters. From ₹38,947 per sq ft in June 2025, the average location rate increased to ₹42,631 per sq ft by March 2026, marking a significant rise. The micromarket rate also saw substantial growth, moving from ₹19,380 per sq ft in June 2025 to ₹32,994 per sq ft in March 2026.

How does the average asking price in Powai compare to the Government Registration Rate?

As of March 2026, the average asking price in Powai is ₹42,631 per sq ft, while the Government Registration Rate is ₹27,042 per sq ft. This indicates a notable difference, with asking prices being significantly higher than the registered rates. The total transaction count recorded is 1513, with a gross value of ₹3,127 Cr between May 2025 and April 2026.

How do property prices vary across different neighborhoods within Powai?

Property prices vary across neighborhoods within Powai. Chandivali shows an average rate of ₹34,033 per sq ft, appreciating by 7.67%. Tunga Village is priced at ₹29,784 per sq ft with a 1.5% increase, while Vikhroli West has seen a significant appreciation of 11.29% to ₹29,284 per sq ft. Conversely, LBS Marg has depreciated by 7.48% to ₹25,397 per sq ft, and Kanjurmarg West saw a slight decrease of 0.7% to ₹26,998 per sq ft.

What are the average prices for different property types in Powai as of March 2026?

As of March 2026, apartments in Powai have an average price of ₹42,631 per sq ft, appreciating by 4.07%. Villas are priced at ₹38,336 per sq ft, showing a substantial appreciation of 33.84%. Office spaces are available at an average of ₹33,348 per sq ft, with a significant appreciation of 52.35%.

How do property prices differ based on the construction status in Powai?

In Powai, properties in the 'Partially Ready To Move' status have the highest average price at ₹44,335 per sq ft, appreciating by 17.71%. 'Under Construction' properties are priced at ₹36,645 per sq ft, appreciating by 7.55%. 'Ready To Move' properties are priced at ₹32,552 per sq ft, showing a depreciation of 2.73%. 'New Launch' properties are priced at ₹26,120 per sq ft, with a slight depreciation of 1.18%.

Which projects in Powai have seen the highest transaction activity?

LnT Realty Emerald Isle in Chandivali leads with 12 transactions, priced at ₹37,186 per sq ft, appreciating by 2.63%. Hiranandani Gardens Florentine in Hiranandani Gardens recorded 9 transactions at ₹41,364 per sq ft, appreciating by 11.63%. Hiranandani Gardens Evita also in Hiranandani Gardens had 8 transactions at ₹48,128 per sq ft, with no change in rate.

What are the top projects in Powai by total transaction value as of March 2026?

As of March 2026, LnT Realty Emerald Isle in Chandivali ranks first by value with ₹28.29 Cr, priced at ₹37,186 per sq ft and appreciating by 2.63%. Hiranandani Gardens Evita in Hiranandani Gardens follows with ₹26.8 Cr, priced at ₹48,128 per sq ft and showing no change. Tivoli CHS, also in Hiranandani Gardens, has a value of ₹21.09 Cr at ₹50,000 per sq ft, appreciating by 17.83%.

Which projects in Powai have the highest listing rates as of March 2026?

As of March 2026, Vasu Kamal in Powai has the highest listing rate at ₹70,284 per sq ft, appreciating by 6.05%. Hiranandani Gardens Somerset is next with ₹57,232 per sq ft, appreciating by 6.57%. Hiranandani Avalon is listed at ₹55,510 per sq ft, showing a significant appreciation of 17.22%.

Which developers have recorded the most transactions in Powai?

Hiranandani is the leading developer in Powai with 74 transactions. LT Realty Limited follows with 13 transactions. Nahar Group has recorded 10 transactions, while K Raheja Corp and GHP Group each have 8 transactions.

What is the average rental rate in Powai, and what is the typical rental yield?

The average rental rate in Powai is ₹125 per sq ft as of March 2026, with apartments averaging ₹125 per sq ft, a decrease of 4.58%. The overall rental yield stands at 3.52%. This yield suggests the potential return on investment for property owners based on current rental income relative to property values.

How do rental rates for different BHK configurations vary in Powai?

In Powai, rental rates vary significantly by BHK configuration. Studios average ₹18,167 per month, while 1 BHK apartments are around ₹57,159 per month. For larger spaces, 2 BHK apartments command an average of ₹83,750 per month, 3 BHKs are priced at ₹1.27 Lakh per month, and 4 BHKs reach up to ₹2.5 Lakh per month.

How do rental rates compare across different neighborhoods in Powai?

Rental rates in Powai's neighborhoods show variation. Sainath Nagar has a higher average rental rate of ₹161 per sq ft, with no change reported. Pitamaha Ramji Nagar is at ₹117 per sq ft, also stable. Chandivali's average rental rate is ₹109 per sq ft, showing a slight depreciation of 0.91%, while Vikhroli West averages ₹100 per sq ft, down by 0.99%.

What are the top projects in Powai based on current rental rates per sq ft?

As of March 2026, NSG Chittaranjan Tower leads with a rental rate of ₹185 per sq ft, followed by Hawai Apartment at ₹175 per sq ft. Hiranandani Heritage Tower is listed at ₹169 per sq ft, showing a 5.06% depreciation. Hiranandani Regent Hill and Hiranandani Gardens Torino are both at ₹159 per sq ft.

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