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Lake Palace Powai, Mumbai
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Lake Palace Price Trends and Market Insights
Price Trends
Lake Palace's average asking price is stable quarter-on-quarter, compared with Powai.
- Current asking price
- ₹ 29,750/sq.ft.
- Quarter over quarter price change
- -0.5% QoQ
Comparable Projects
Lake Palace avg. price is ₹ 29.8 K/Sq.Ft. compared to Powai at ₹ 46.1 K/Sq.Ft.
Rentals
Monthly Rent in Powai ranges from ₹ 32.3 K to ₹ 3.1 L with options available for STUDIO,1,2,3,4 BHK units
Recent Updates
Get the latest price and market updates for Lake Palace.
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MMRDA to Complete Major Infrastructure Projects by December 2028
MMRDA is on track to complete all its ongoing infrastructure projects by December 2028, a year ahead of its original deadline. These projects, part of the 'Mumbai in 59 Minutes' vision, include roads, tunnels, sea links, and metro corridors aimed at creating seamless east-west and north-south connectivity across the region.
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Mumbai's Water Stock at 95.97% with Seven Lakes Holding High Levels
Mumbai's water stock has reached 95.97%, with seven lakes maintaining high levels. This ensures a stable water supply for the city, though civic authorities continue to monitor reservoir levels and rainfall.
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Rent in Lake Palace ranges from ₹ 36 K to ₹ 44 K with options available for 1 BHK.
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During Q2'2026, average property prices for Lake Palace moved from ₹ 28,700/sqft to ₹ 29,900/sqft, reflecting a 4.18% rise.
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During Q1'2026, average property prices for Lake Palace moved from ₹ 26,600/sqft to ₹ 28,700/sqft, reflecting a 7.89% rise.
Rental Listings in Lake Palace
Explore rental listings currently available in Lake Palace, Mumbai.
Amenities & Specifications of Lake Palace
Convenience
- Power Backup
- 24*7 Water Supply
Safety
- 24 x 7 Security
Environment
- Normal Park / Central Green
Specifications
- Master Bedroom-Flooring
- Vitrified Tiles
- Other Bedrooms-Flooring
- Vitrified Tiles
- Walls
- Oil Bound Distemper
Location and Connectivity Around Powai

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Trust & Verification
RERA Details of Lake Palace
- Square Yards RERA Reg. A51800000454
How does Lake Palace compare with similar projects?
Frequently Asked Questions About Lake Palace
Yes, most major banks and NBFCs offer home loans for ready-to-move projects like Lake Palace, subject to eligibility.
Yes, Lake Palace is a Ready to Move residential project, allowing buyers to take possession immediately without any construction wait.
Buyers need identity proof, address proof, agreement to sell, sale deed, and registration documents for purchasing in Lake Palace.
Yes, since Lake Palace is ready and legally compliant, owners can rent out their flats soon after registration. Rental demand is supported by the locality’s ranking of 211 and connectivity indices.
Lake Palace is located in Powai, Mumbai, with the complete address being Powai Mumbai, 400076.
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.