Powai has steadily transformed into one of the largest real estate hubs in Mumbai and has witnessed skyrocketing development over the years. Powai is surrounded by Chandivali, LBS Marg and Sanjay Gandhi National Park. Powai is well connected to several destinations via the Jogeshwari-Vikhroli Link Road and is also well connected to the Chhatrapati Shivaji International Airport and the Kanjurmarg railway station, which falls on the Central line of the Mumbai railway network. Powai has witnessed rapid growth over the last few years towards becoming one of the largest IT and ITeS hubs in Mumbai.
The Hiranandani Gardens residential township has been a landmark development for this zone and several other realty biggies are following suit. Premium projects here include LnT Emerald Isles Phase II and many others. Powai is home to several leading companies including Amazon, Sanofi, Nomura, JP Morgan, Jardine Lloyd Thompson, Larsen & Toubro, Deloitte, TCS, Bayer, Credit Suisse and many others. The Indian Institute of Technology, Mumbai is located here along with the Bombay Scottish School. Powai is a major start-up hub in recent times with several companies like Housing, JustRide, HolaChef, Bewakoof, Toppr, TinyOwl, Care24 and Belita located here.
The Powai Lake is a major landmark in the neighbourhood and there are several leading hotels here as well. There are several other educational institutions in the area including the Gopal Sharma Memorial School, Kendriya Vidyalaya, S.M. Shetty High School and Junior College and the Hiranandani Foundation School. The Japanese School of Mumbai is located in the neighbourhood. Powai makes for a great option when it comes to investing in residential property across segments. Powai offers several mid-range and premium properties and is home to several healthcare centres and shopping zones as well. The Hiranandani Group has played a huge role in transforming the locality and several other real estate developers are now following suit with mega projects that come loaded with social amenities and infrastructures.
