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Last updated: Jun 18, 2024
Powai Panch Ratna CHS
Powai, Central Mumbai Suburbs, Mumbai
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Powai, Central Mumbai Suburbs, Mumbai
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More About Powai Panch Ratna CHS
Powai Panch Ratna CHS is a residential project in Powai, Mumbai. The property is Completed. Powai Panch Ratna CHS is located in Powai.
Enjoy a class-apart lifestyle at Powai Panch Ratna CHS.
Bank finance is approved by major financial institutions like HDFC, LIC Housing Finance, Punjab National Bank .
Powai is a prime area, with many attractions work and recreational options just a drive away.
Enjoy a class-apart lifestyle at Powai Panch Ratna CHS.
Bank finance is approved by major financial institutions like HDFC, LIC Housing Finance, Punjab National Bank .
Powai is a prime area, with many attractions work and recreational options just a drive away.
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Resident reviews for
Powai
4.6/5
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Ratings based on features
4.6/5
Connectivity4.6/5
Neighbourhood4.5/5
Safety4.6/5
LivabilityGood things here
Things that need improvement
All resident reviews (144 reviews)View All
Gautam
Owner | 1 month ago
4.5
Good things here
Mumbai's Powai area is a vibrant and rapidly growing neighbourhood that offers a perfect blend of urban convenience and natural beauty. Nestled around the picturesque Powai Lake, the locality boasts a scenic backdrop that adds charm. The well-planned area has excellent infrastructure, making it one of Mumbai's most sought-after residential and commercial hubs. Powai is known for its premium residential complexes, top-notch educational institutions like the Indian Institute of Technology IIT, and global corporate offices, making it an ideal location for professionals and families. The area also has a lively social scene with numerous cafes, restaurants and shopping centers, such as the popular Galeria Mall. read more
Things need improvement
Powai, though known for its scenic beauty and modern infrastructure, faces several challenges. Traffic congestion is a frequent problem, with narrow roads and ongoing construction causing regular jams, especially during peak hours. The cost of living is also notably high, with expensive real estate and daily expenses making it difficult for those on a budget. Waterlogging has become a growing concern as the area has seen a rapid influx of residents and corporate offices, resulting in parking shortages and crowded public spaces. The lack of direct public transportation, particularly no suburban railway access, forces residents to rely on buses and private vehicles, adding to travel time and costs. read more
Kundan Singh
Owner | 1 month ago
3.8
Good things here
This locality has grown to feel like a well kept secret in mumbai. Nestled neat the serene powai lake,chandivali boasts a tranquil environment that's a rare find the bustling city. The development of residential complexes over the years had brought modern amenities while retaining a certain peaceful charm. Its connectivity is relatively good,with access to the western express highway making commutes to other parts of mumbai manageable. read more
Things need improvement
The growth in residential and commercial projects has led to increased traffic, particularly on the roads leading to the locality,causing congestion during peak hours. Noise from nearby construction sites and occasional crowd at local hotspots can sometimes disrupt the peaceful setting. Additionally,while the area is generally well developed,some parts still struggle with infrastructure issues, such as irregular water supply. read more
Sunil
Owner | 1 month ago
3.8
Good things here
Prime location close to Powai Lake IIT Bombay and business hub with well maintain road and lots of green spaces secure gate community with 24 7 security affordable property price and utility cost basic amenities basic Amity is like market school and hospital distance vibran neighbourhood with cooperative resident read more
Things need improvement
Area faces traffic condition during its peak hours with lots of noise pollution proximity to eastern highway limited an inadequate parking space for resident and visitors managing committee not working properly read more
sonia
Tenant | 2 months ago
4.5
Good things here
This is the best locality i have ever seen in mumbai the restaurant hospital and local market are easily accessible the autos cabs and the public transport are easily available in day and night no electricity issue or water shortage issue faced well lit lights are available at night and no history of crimes in neighbourhood read more
Things need improvement
The main things i didn't like about this locality are the roads are not well maintained properly potholes are there on roads and clogging of water during monsoon season makes things pathetic read more
Sudeep
Owner | 4 months ago
5
Good things here
Neat & clean done up 1BHK flat in Powai with modular kitchen, cabinets, stove with gas pipeline; built-in wardrobes & storage in bedroom with geyser;2nd washroom for guests,TV unit in hall, double bed in bedroom with A/C. A gated community with 24X7 security, water, electricity & gardens. Adjacent to public garden, school & banks. read more
Things need improvement
Roads still can be improved and construction work for Metro line should speed up so that commuting becomes more easy read more
Price Trends for Powai
(Apartments)-1.95%
depreciation in avg. price / sq.ft (Built-up Area) for Powai in last 1 year
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Powai
-1.95%
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₹23.8 K/sq.ft
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Locality Guidefor Powai, Mumbai
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Powai is an upscale residential neighbourhood located in central Mumbai. It is situated on the banks of Powai Lake. Powai started flourishing with the Indian Institute of Technology (IIT), Bombay, in the 1950s.The area is dominated by developers like Hiranandani, Wadhwa Group, Kanakia, Ekta World, and K Raheja. Powai has Sanjay Gandhi National Park to its north, Jogeshwari - Vikhroli Link Road (JVLR) to its west, and L.B.S. Road to its east. The presence of Powai Lake and greenery make it a desired residential destination. Besides IIT Bombay, Powai also houses educational institutions like Bombay Scottish School, Poddar International School, Hiranandani Foundation School, and Gopal Sharma Memorial School. Dr L H Hiranandani Hospital is a prominent hospital in the region. Galleria Shopping Mall and R City Mall are located within 15 mins of the locality. Powai itself has several office complexes such as Hiranandani Business Park, Hiranandani Kensington SEZ, and other standalone buildings that house companies including Schindler India Pvt Ltd and CRISIL Bayer TCS, Cognizant, Nomura, and Deloitte. All these features and amenities make Powai an attractive and reliable place to live in.
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What is good here
- Metro connectivity through Saki Naka Station, which is 3.4kms away is available
- Roads are smooth and carpeted
- There are plenty of street lights on the streets of Powai
- Gopal Sharma Memorial School is a co-ed school affiliated to SSC Board
- Dr. L H Hiranandani Hospital, founded in honour of Padma Bhushan Dr. Hiranandani, is one of the best hospitals in Mumbairead more
- Spencer's is a popular retail store which sells premium products at a reasonable priceread more
- Powai is always buzzing with nightlife
- There are abundant street lights on the road
- Police patrolling takes place at night
- Heritage Garden is a amusement park in Mumbai. It is filled with greenery
- Powai is mostly a hygienic place to live in
- Authorities plan to increase green belt along banks of Mithi Lake in Powai
- The potential rate for appreciation is 9%- 9.7% Y.o.Y
- Hiranandani Business Park in Powai is a commercial hub for many companies
- Eastern Express Highway is the most prominent highway found in Powai
What can be better
- Due to waterlogging during monsoons in several parts, the roads are badly affected
- Aarey Colony Road, used for travelling towards western suburbs and routes towards Saki Naka face traffic jams read more
- Illegal parking on various roads cause congestion
- There are some streets in the locality which are deserted at night
- Some streets lights are damaged and don’t light up properly
- Illegal hotels found, which are functioning without any proper licenses
- Lack of public parks in the locality
- Lack of green spaces in Powai
- Due to heavy traffic commotion is created which also creates noise pollution
- Presence of Hanuman Tekdi slum colony near IIT Bombay, affects housing rates negativelyread more
- Residents demand more highways in Mulund West
- Highways should be better maintained
Questions and Answers
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Frequently Asked Questions
Are there any metro station nearby Powai Panch Ratna CHS?
Yes, the closest metro station near Powai Panch Ratna CHS is Saki Naka Metro Station.
Where is Powai Panch Ratna CHS located?
The Powai Panch Ratna CHS is located in Powai, Mumbai. View all Projects in Powai
What are the nearby projects to Powai Panch Ratna CHS?
Below are the nearby projects:
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News & Articles
Top restaurants in Mumbai’s Powai
Many restaurants in Powai offer a range of cuisines.
Housing News DeskAug 2023
L&T leases Powai space to Amazon Data Services for Rs 3.57 crore per month
The 5.5 acres Larsen & Toubro’s space is rented to Amazon which will set up a data centre here.
Anuradha RamamirthamAug 2022
PG hotspots in Mumbai
Here's a look at the top areas in Mumbai and especially the western suburbs, for renting co-living and PG accommodations below Rs 15,000 per month
Surbhi GuptaJul 2020
RTI activist alleges hill-grabbing near Powai, Mumbai
A Right to Information (RTI) activist from Mumbai has alleged that a part of a hill near upmarket Powai, was being demolished to create more land for development
PTIDec 2018
Heavyweights of realty industry launch separate arm for co-working office business
Many real estate companies are launching separate companies or divisions within their companies, to launch co-working offices. Here's a look at the businesses of 3 such companies
D GoelNov 2018
Andheri: A prime residential and commercial hub in Mumbai
Andheri, in Mumbai’s western suburbs, has emerged as a sought-after location for commercial, as well as residential properties. We look at the important micro-markets in Andheri, the property prices and what these regions have to offer
Purnima Goswami SharmaSep 2018
BMC-ALM blame-game over lack of support, puts civic issues on the back foot
The Mumbai civic body has, so far, deregistered 310 ALMs in the city. We look at the reasons for the same and how it is likely to impact maintenance in localities
Janaki KrishnamoorthiSep 2018
Hiranandani Gardens offers 'Boutique Homes' at its project Atlantis, in Mumbai
The Hiranandani Group has launched 2-BHK 'Boutique Homes' at Hiranandani Gardens, Powai, in Mumbai, offering premium homes of 740 and 750 sq ft carpet area, priced at Rs 3.5 crores onwards
Housing News DeskSep 2018
Top 10 office property markets that witnessed highest rental growth in Q2 2018: Colliers report
Rising demand, coupled with shrinking vacancies in Grade A and premium Grade A office spaces, have led to an increase in rentals of about 2.8-11 per cent QoQ, in key office micro-markets, says a report by Colliers Research
Housing News DeskAug 2018
Maharashtra government to conduct inquiry against L&T for alleged land misuse
The Maharashtra government has said that it will conduct an inquiry against Larsen & Toubro, for constructing high-rise buildings on land that was meant for industrial purposes in Powai, in Mumbai
PTIAug 2017
Andheri east: Infrastructure, prices, boost property demand
Mumbai’s Andheri east has transformed, from a primarily industrial area, to one having housing options for the middle and upper middle-class buyers. We look at the property rates and whether it is worth investing in this region
Purnima Goswami SharmaJun 2017
Navi Mumbai sees biggest office rentals increase, over the last 12 months
While Mumbai’s gross average rents increased by only 1 per cent over the last year, Navi Mumbai surprised many analysts by posting a 9 per cent growth. Here’s a look at why suburban locations are scoring majorly over traditional CBDs, in Mumbai’s office market
Ashutosh LimayeMay 2017
Mumbai Development Plan 2034: Focus on affordable housing
Although the proposed Development Plan 2034 for Mumbai, is expected to boost participation in infrastructure and affordable housing projects from private sector developers, the FSI norms are unlikely to bring any major change to the skyline of the city, says a report by Colliers International
Colliers ResearchMay 2017
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