For Sale
Property Rates in Powai (2026)
Eastern Suburbs · Buy & rent prices per sq ft · researched & updated by our team — May 2026
Apartments in Powai sell for about ₹40,000 – ₹70,000 per sq ft (carpet), and a 2 BHK rents for ₹70K – ₹1.55 Lac per month. Commercial space is around ₹40,000 – ₹60,000 per sq ft, as of May 2026. Real Estate Mumbai has tracked Powai property rates since 1995, with 878 flats for sale, 753 on rent and 20 new projects live now.
What are the property rates in Powai?
| Type | Rate (May 2026) |
|---|---|
| Apartments — buy | ₹40,000 – ₹70,000 /sq ft |
| 1 BHK — rent | ₹40K – ₹1.05 Lac /month |
| 2 BHK — rent | ₹70K – ₹1.55 Lac /month |
| 3 BHK — rent | ₹1.20 Lac – ₹2.65 Lac /month |
| 4 BHK — rent | ₹1.80 Lac – ₹4.25 Lac /month |
| Commercial — buy | ₹40,000 – ₹60,000 /sq ft |
| Commercial — lease | ₹130 – ₹240/sqft/mo |
Rates are carpet-area, indicative ranges based on Real Estate Mumbai's tracked transactions and current inventory in Powai.
Powai market overview
Outright residential rates range from ₹32,787 per sqft in entry-level resale complexes (such as Vicinia) up to over ₹40,061 per sqft in premium structures (like Lake Primrose). Branded residential projects currently under construction, such as Hiranandani Highland by Hiranandani Constructions Pvt Ltd, are commanding a premium at ₹53,630 per sqft. Lease rentals are strongly aligned with configuration sizes: compact 2 BHK layouts like Laurel and Lilac (650 sqft) rent at around ₹70K/mo, whereas expansive 3 BHK layouts in developments like Vicinia (1050 sqft) command premium rentals of ₹1.25 Lac/mo.
The commercial sector operates under separate market forces, where commercial outright spaces sell at ₹34,062 per sqft in business complexes like Hiranandani Heritage and leases command ₹7.45 Lac/mo per month in nodes like Powai Plaza. Commercial properties in Powai follow distinct business and retail yield dynamics, where commercial spaces trade between ₹40,000 and ₹60,000/sf outright and commercial rents lease at around ₹130 to ₹240/sf per month.
About Powai
Lakeside township with IIT-B, Hiranandani Gardens, and major IT parks. Perfect blend of nature and tech.
- Connectivity: JVLR, Eastern Express Highway
- Landmarks: Powai Lake, IIT Bombay, Hiranandani
- Best for: Lake Views, IT Parks, Family Living
Properties for sale & rent in Powai
Latest for sale
View all 878 flats for sale in Powai →
Latest on rent
For Rent
3 BHK L&T Veridian
A.M.Naik Tower, Jogeshwari - Vikhroli Link Rd₹1,50,000/mo
Carpet1000 sq ft
View details
For Rent
For Rent
For Rent
For Rent
For Rent
Buyer & tenant demand in Powai
Real Estate Mumbai has received 380 buyer & tenant enquiries for Powai — 255 looking to buy and 56 to rent. The most-wanted configuration is 2 BHK & 3 BHK.
Own a property in Powai? 380 buyers & tenants are already looking — list it free and our advisors will match you to genuine demand.
💬 List my Powai propertyBuilding-level rates in Powai
Live median price and rent for the most-listed buildings in Powai — with an indicative rent-vs-buy signal. Tap a building for the full breakdown.
| Building | Sale ₹/sqft | Rent (median) | Yield |
|---|---|---|---|
| Lodha Bellagio | — | ₹2,00,000 | — |
| Kanakia Silicon Valley | ₹35,063 | ₹95,000 | — |
| Hiranandani Highland | ₹27,666 | ₹99,000 | — |
| Mahindra Alcove | — | ₹75,000 | — |
| Hiranandani Regent Hill | — | ₹72,500 | — |
| Vicinia | — | ₹1,15,000 | — |
| L&T Elixir Reserve | ₹57,154 | ₹1,20,000 | — |
| Godrej Urban Park | ₹39,603 | ₹80,000 | — |
| Hiranandani Castle Rock | — | ₹1,40,000 | — |
| Raheja Ascencio | — | ₹1,40,000 | — |
| Raheja Vistas | ₹32,246 | ₹90,000 | — |
| Elixir Reserve | — | ₹1,22,500 | — |
New projects in Powai
Shree Krishna
BuilderShree Housing
Rate₹24,800/sqft
StatusUnder Construction
Rockside
BuilderHiranandani Communities Pvt. Ltd.
Rate₹72,051/sqft
StatusUnder Construction
Dilkap Grandeur
BuilderD Kapoor Land Developers
Rate₹35,000/sqft
StatusUnder Construction
Hiranandani Highland
BuilderHiranandani Constructions Pvt Ltd
Rate₹53,631/sqft
StatusUnder Construction
Isle of Calm
BuilderGHP Group
Rate₹25,000/sqft
StatusUnder Construction
Elixir Reserve Cygnus
BuilderL and T Realty
Rate₹46,945/sqft
StatusUnder Construction
Elixir Reserve Dove
BuilderL and T Realty
Rate₹36,000/sqft
StatusUnder Construction
GHP Mars
BuilderGHP Group
StatusUnder Construction
Powai property rates — FAQs
What is the property rate in Powai?
Apartments in Powai sell for about ₹40,000 to ₹70,000 per sq ft (carpet) as of May 2026. Real Estate Mumbai has tracked Powai property rates since 1995.
What is the rent for a 2 BHK in Powai?
A 2 BHK flat in Powai typically rents for ₹70K – ₹1.55 Lac per month as of May 2026.
What are commercial property rates in Powai?
Commercial property in Powai has buy rates of ₹40,000–₹60,000 per sq ft and lease at ₹130 – ₹240/sqft/mo as of May 2026.
Want an accurate valuation in Powai?
These are indicative area rates. For a specific building or your own property in Powai, our advisors will give you a precise, up-to-date number.
💬 Get a Powai valuation on WhatsAppUpdated May 2026 · Powai rates tracked by Real Estate Mumbai since 1995 · compiled by Sandeep Sadh.
