Shapoorji Pallonji Vicinia Powai, Mumbai

Powai Hill Cutting for Mega rehab Project Sparks Concerns

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.

A total of 4 residential transactions has been registered so far for Shapoorji Pallonji Vicinia, amounting to ₹ 10 Cr till August 2026.

27 Underground Parking Facilities to Combat Mumbai's Parking Crisis

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 Shapoorji Pallonji Vicinia ranges from ₹ 55 K to ₹ 2 L with options available for 1 BHK, 2 BHK, 3 BHK, 4 BHK.

MMRDA Presents Surplus Budget with Significant Allocation for Infrastructure

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 Shapoorji Pallonji Vicinia moved from ₹ 34,350/sqft to ₹ 34,750/sqft, reflecting a 1.16% rise.

A total of 575 out of 588 launched units have been booked as of December 2025, including 98% of RESIDENTIAL(575 out of 588 units).

External Works has reached 86%, Internal finishing stands at 72%, MEP Services including lift and staircases, are now 80% done.

A total of 575 out of 588 launched units have been booked as of April 2023, including 98% of RESIDENTIAL(575 out of 588 units).

External Works has reached 84%, Internal finishing stands at 72%, MEP Services including lift and staircases, are now 78% done.