Powai, Mumbai
- Ready to Move
- 550 Sq.Ft. (Built-up Area)
₹70.36 Lac - 1.70 Cr
₹27,150 Per Sq. Ft.
View the latest price list for Mhada Tungwa Powai.
*Prices are indicative and subject to applicable charges and project terms.
Mhada Tungwa Powai's average asking price is cooling quarter-on-quarter, compared with Powai.
Mhada Tungwa Powai avg. price is ₹ 27.1 K/Sq.Ft. compared to Powai at ₹ 46.3 K/Sq.Ft.
Monthly Rent in Mhada Tungwa Powai start from ₹ 65 K with options available for 2 BHK units
Get the latest price and market updates for Mhada Tungwa Powai.
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 Mhada Tungwa Powai ranges from ₹ 45 K to ₹ 65 K with options available for 1 BHK, 2 BHK.
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 Mhada Tungwa Powai moved from ₹ 27,000/sqft to ₹ 28,550/sqft, reflecting a 5.74% rise.
A total of 933 out of 1191 launched units have been booked as of March 2026.
Structural Works reach 100% completion, External Works has reached 93%, Internal finishing stands at 93%, MEP Services including lift and staircases, are now 93% done.
TUNGWA POWAI, developed by MHADA, officially launched on 20-Jun-2017 and expected to complete by 31-Mar-2019. Registered under RERA No. P51800000056. The project comprises 5 towers and offers 1191 residential units, with unit sizes ranging from 129 to 236203 Square feet with total area of 9.74 Acre.
Price:₹ 70.36 Lac
Price:₹ 1.10 Cr
Price:₹ 1.70 Cr
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Since it was set up in 1948, the Maharashtra Housing and Area Development Authority (MHADA) has been at the forefront of housing development in Maharashtra. MHADA has done a great job achieving its goal: to build safe, affordable homes for people of all income levels. The authority has ensured that these homes are well-maintained and provide a good quality of life by emphasising routine upkeep. The Vidarbha Housing Board (VHB) was established in 1960 to meet the specific housing requirements of Maharashtra's Amravati and Nagpur regions. VHB requires the government to give loans to local governments, non-profits, and universities that build affordable housing for low-income people. Then in 1971, the Bombay Building Repairs and Reconstruction Board (BBRRB) was established. The board's main job was to fix and rebuild damaged buildings so that the people of Bombay would be safe. In 1974, the Bombay Slum Development Board was created so that people living in slums in Mumbai City and Mumbai Suburban Districts could access the needed services and facilities. The amenities ranged from clean water to sanitary facilities and enough lighting. The Act of 1976 set up the Maharashtra Housing and Area Development Authority (MHADA), which ensures these policies are followed all over Maharashtra. This is not an exhaustive account of the MHADA's efforts to make decent housing accessible to people of all income levels. The Maharashtra Housing and Area Development Authority has quickly risen to the forefront of India's housing sector. And it has been instrumental in a wide range of initiatives, including constructing homes for people of varying socioeconomic backgrounds, restoring damaged buildings, and providing basic services to residents of urban slums.
Yes, Mhada Tungwa Powai is a Ready to Move residential project, allowing buyers to take possession immediately without any construction wait.
Yes, purchasing apartment at Mhada Tungwa Powai is legally safe, as the project has a possession status of Ready to Move and is registered under RERA with registration number P51800000056. Being a completed development, it significantly reduces construction, delivery, and compliance risks compared to under-construction projects
Yes, since Mhada Tungwa Powai 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.
Apartment prices at Mhada Tungwa Powai start from ₹ 70.36 Lac and go up to ₹ 1.70 Cr, with an average price of ₹ 27,150 Per Sq. Ft. per sq ft.
1 BHK Apartment – 306 Sq. Ft. at ₹ 70.36 Lac,1 BHK Apartment – 477 Sq. Ft. at ₹ 1.10 Cr
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.