When was Lake Palace completed and is it ready for possession?

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.

Does Lake Palace have an Occupancy Certificate (OC)?

Yes, Lake Palace has received its Occupancy Certificate, confirming that the project is legally approved for residential use.

What are the popular amenities available at Lake Palace?

Residents of Lake Palace can enjoy amenities such as Power Backup, 24*7 Water Supply, 24 x 7 Security, Normal Park / Central Green, designed for comfort and a modern lifestyle.

Can I get a home loan for Lake Palace?

Yes, most major banks and NBFCs offer home loans for ready-to-move projects like Lake Palace, subject to eligibility.

Is Lake Palace a Ready to Move project?

Yes, Lake Palace is a Ready to Move residential project, allowing buyers to take possession immediately without any construction wait.

Lake Palace Powai, Mumbai | Price List, Floor Plan, Reviews & RERA Details

About Lake Palace

Lake Palace is a 1300 sqft, strategically located project, well connected with all the major points of the city. It is conveniently situated in a well-developed commercial area of Mumbai Central Suburbs. The project offers easy access to all the major shopping centers, hospitals, educational institutions and other important places of the city.

Lake Palace Price List

Unit Type (Saleable)	Price*
3 BHK Apartment 1300 Sq. Ft	Price on Request	Check Availability

Lake Palace Recent Updates

Last Update: Mar 2026

Mar 2026

Rent in Lake Palace ranges from ₹ 36 K to ₹ 44 K with options available for 1 BHK.

Mar 2026

During Q1'2026, average property prices for Lake Palace moved from ₹ 26,600/sqft to ₹ 28,700/sqft, reflecting a 7.89% rise.

Dec 2025

During Q4'2025, average property prices for Lake Palace moved from ₹ 26,550/sqft to ₹ 26,600/sqft, reflecting a 0.19% rise.

Lake Palace Floor Plans

3 BHK

1300 sq.ft

Representative image for Floor plan of 3 BHK 1300 Sq. Ft. Apartment in Lake Palace, Mumbai

Floor Plans Coming Soon We're working on updating the latest floor plans. Get notified when they're ready!

Lake Palace Amenities

Power Backup
24 x 7 Security
24*7 Water Supply
Normal Park / Central Green

Lake Palace Specifications

Master Bedroom-Flooring	Vitrified Tiles
Other Bedrooms-Flooring	Vitrified Tiles
Walls	Oil Bound Distemper

Nearby Landmarks - Lake Palace

Nearby Places

Gopal Sharma International School
School

0.2 km
Powai Vihar Complex
Bus Stop

0.3 km
Chandivali Municipal Dispensary
Hospital

0.7 km

Is Lake Palace Right for You?

Insights based on nearby schools, healthcare, connectivity, workplaces and everyday infrastructure.

For Families

Beyond education and healthcare access, nearby parks and everyday conveniences can support a more comfortable family lifestyle.

Gopal Sharma International School within walking distance
Chandivali Municipal Dispensary nearby for healthcare access
Lake Home Park nearby for outdoor time

Check Travel Time

Connecting Roads - Lake Palace

Adi Sankaracharya Marg ~ 4 Kms

Lake Palace RERA Details

Square Yards RERA Reg. A51800000454

Price Rates & Insights for Lake Palace

Quarter	Child Rate	Parent Rate
Mar 2026	28700	42650
Dec 2025	26600	40950
Sep 2025	26550	38150
Jun 2025	26600	38950

Configurations	In Lake Palace	In Powai
1 BHK	₹ 40 K	₹ 57.2 K
2 BHK	-	₹ 83.8 K
3 BHK	-	₹ 1.3 L
4 BHK	-	₹ 2.5 L

₹ 49,050

LnT Elixir Reserve

₹ 42,650

Powai

₹ 41,100

Godrej The Trees

₹ 29,650

Runwal Bliss

₹ 28,700

Lake Palace

Locality Insights: Powai

Powai, a posh residential area in the centre of Mumbai, is well-known for its opulent housing options. It offers a variety of projects which provide a higher level of luxury for those willing to pay a premium price. Among the projects, approximately 41% are Ready to Move, while 35% are Well Occupied, indicating a vibrant and active community.The most common unit type in Powai is the 2 BHK, which accounts for 44% of the entire supply. The 3 BHK comes closely behind, makin

Price Insights

Average Asking Price in Powai

₹ 42,650/Sq.ft

For Apartment Based on active listings and recent trends

Property Rates in Powai

Locality Snapshot

#211 In Mumbai

Great +5 More

The locality is connected to the rest of the city through major roads like Jogeshwari-Vikhroli Link Road, Eastern Express Highway, and Lal Bahadur Shastri Road

Concerning +5 More

Traffic congestion during peak hours is a cause of concern for daily commuters

Know More About Powai

Reviews (82)

I appreciate Powai via my own encounters. At this place, I have tidy streets and serene environs. Nearby hospitals, supermarkets, and schools fascinate me. Andheri and SEEPZ offices are closing. Often I relax near this area's lake. I really like it here. Traffic and high rents are what I confront.

— Amol Gawde, Tenant

View all 82 Reviews

Properties in Lake Palace & Top Sellers

Rent
Top Sellers

All
2 BHK

https://img.squareyards.com/secondaryPortal/optImages/IN_639066696806529015-1402261241204120.jpg Cover Image

2 BHK Apartment For Rent in Lake Palace Powai, Mumbai

Powai, Mumbai

₹ 65,000

Ready to Move
900 Sq.Ft. (Built-up Area)

Gated Society
Safe & Secure Locality
Family
High Rental Yield
Bachelors

Binoy Das

https://img.squareyards.com/secondaryPortal/optImages/IN_639052069911081109-2801260223112311.jpg Cover Image

2 BHK Apartment For Rent in Lake Palace Powai, Mumbai

Powai, Mumbai

₹ 55,000

Ready to Move
930 Sq.Ft. (Built-up Area)

Gated Society
Safe & Secure Locality
Family
Quick Deal

Binoy Das

https://img.squareyards.com/secondaryPortal/optImages/IN_639075396625779173-240226022102212.jpg Cover Image

2 BHK Apartment For Rent in Lake Palace Powai, Mumbai

Powai, Mumbai

₹ 70,000

Ready to Move
930 Sq.Ft. (Built-up Area)

Gated Society
Safe & Secure Locality
Family
High Rental Yield
Bachelors

Binoy Das

3 properties for Rent in Lake Palace

3 properties of 2 BHK Flats for Rent in Lake Palace

Binoy Das Shree Gurudev Properties

Resale Listings: 34
Rental Listings: 915

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Frequently Asked Questions About Lake Palace

Q: When was Lake Palace completed and is it ready for possession?

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.
Q: Does Lake Palace have an Occupancy Certificate (OC)?

Yes, Lake Palace has received its Occupancy Certificate, confirming that the project is legally approved for residential use.
Q: What are the popular amenities available at Lake Palace?

Residents of Lake Palace can enjoy amenities such as Power Backup, 24*7 Water Supply, 24 x 7 Security, Normal Park / Central Green, designed for comfort and a modern lifestyle.
Q: Can I get a home loan for Lake Palace?

Yes, most major banks and NBFCs offer home loans for ready-to-move projects like Lake Palace, subject to eligibility.
Q: Is Lake Palace a Ready to Move project?

Yes, Lake Palace is a Ready to Move residential project, allowing buyers to take possession immediately without any construction wait.

i *Disclaimer

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.