Powai, Mumbai
₹ 80 L- Ready to Move
- 395 Sq.Ft. (Built-up Area)
₹22,930 Per Sq. Ft Onwards
₹22,930 Per Sq. Ft.
View the latest price list for New Mhada Colony.
*Prices are indicative and subject to applicable charges and project terms.
New Mhada Colony's average asking price is rising quarter-on-quarter, compared with Powai.
New Mhada Colony avg. price is ₹ 27.1 K/Sq.Ft. compared to Powai at ₹ 46.3 K/Sq.Ft.
Monthly Rent in New Mhada Colony start from ₹ 73 K with options available for 2 BHK units
Get the latest price and market updates for New Mhada Colony.
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.
Rent in New Mhada Colony ranges from ₹ 77 K to ₹ 95 K with options available for 2 BHK.
During Q2'2026, average property prices for New Mhada Colony moved from ₹ 26,250/sqft to ₹ 27,150/sqft, reflecting a 3.43% rise.
Price:Price on Request
Price:Price on Request
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Explore the master plan, project photos and walkthrough videos of New Mhada Colony to understand the overall layout, tower placement, amenities, landscaped spaces and key highlights before making your buying decision.
Download master plan of New Mhada Colony to explore layout details in Powai, Mumbai.

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Trust & Verification
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, most major banks and NBFCs offer home loans for ready-to-move projects like New Mhada Colony, subject to eligibility.
New Mhada Colony enjoys excellent connectivity via Eastern Express Highway, JogeshwariVikroli Link Road, Western Express Highway and is well connected to the Mumbai Central Suburbs area.
Yes, New Mhada Colony has received its Occupancy Certificate, confirming that the project is legally approved for residential use.
Yes, since New Mhada Colony 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.
Yes, since New Mhada Colony is a Ready to Move project in Powai, buyers can arrange site visits and inspect the actual apartment before finalizing the deal.
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.