Powai, Mumbai
- Ready to Move
- 625 Sq.Ft. (Built-up Area)
Price on Request
View the latest price list for Lake Palace.
*Prices are indicative and subject to applicable charges and project terms.
Lake Palace's average asking price is rising quarter-on-quarter, compared with Powai.
Lake Palace avg. price is ₹ 30.1 K/Sq.Ft. compared to Powai at ₹ 46.3 K/Sq.Ft.
Monthly Rent in Lake Palace start from ₹ 40 K with options available for 1 BHK units
Get the latest price and market updates for Lake Palace.
Hill cutting in Powai for a large 'Rehabilitation Scheme", which includes residential towers and a Global Capacity Centre (GCC), has raised concerns among residents. Environmental groups and residents have warned of heightened landslide and flooding risks.
Mumbai is set to develop 27 underground parking facilities, one in each administrative ward, to alleviate the severe parking shortage. This project, backed by the BMC Budget 2026-27, will create parking beneath existing gardens and playgrounds, reducing roadside parking and traffic congestion.
Rent in Lake Palace ranges from ₹ 36 K to ₹ 44 K with options available for 1 BHK.
During Q2'2026, average property prices for Lake Palace moved from ₹ 28,700/sqft to ₹ 30,100/sqft, reflecting a 4.88% rise.
MMRDA has presented a surplus budget of ₹48,072 crore, with 87% allocated to infrastructure projects, including roads, public transport, and urban development. A notable provision of ₹4,000 crore is earmarked for the development of Mumbai 3.0 New Town, aiming for planned urban expansion.
During Q1'2026, average property prices for Lake Palace moved from ₹ 26,600/sqft to ₹ 28,700/sqft, reflecting a 7.89% rise.
During Q4'2025, average property prices for Lake Palace moved from ₹ 26,550/sqft to ₹ 26,600/sqft, reflecting a 0.19% rise.
Price:Price on Request
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Maintenance charges at Lake Palace depend on the apartment size and society services and are payable monthly or annually.
Lake Palace has received its completion and occupancy approvals. With a possession status of Ready to Move, buyers can move in immediately after completing purchase formalities.
Yes, since Lake Palace is a Ready to Move project in Powai, buyers can arrange site visits and inspect the actual apartment before finalizing the deal.
Yes, Lake Palace has received its Occupancy Certificate, confirming that the project is legally approved for residential use.
Buyers need identity proof, address proof, agreement to sell, sale deed, and registration documents for purchasing in Lake Palace.
This website is only for the purpose of providing information regarding real estate projects in different geographies. Any information which is being provided on this website is not an advertisement or a solicitation. The company has not verified the information and the compliances of the projects. Further, the company has not checked the RERA* registration status of the real estate projects listed herein. The company does not make any representation in regards to the compliances done against these projects. Please note that you should make yourself aware about the RERA* registration status of the listed real estate projects.
*Real Estate (Regulation & Development) Act, 2016.