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Last updated: Dec 23, 2024
2 BHK FlatLake Palace, Chandivali, Powai, Mumbai
2 BHK Flat
1.7 Cr
₹21.25 K/sq.ft
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+ 26 more
800 sq.ft
Built Up Area
₹21.25 K/sq.ft
Avg. Price
5 Year Old
Age of property
Ready to move
Possession status
Middle
of 20 floors
South-East facing
Facing
Semi Furnished
Furnishing
Property Location
Lake Palace, Chandivali, Powai, Mumbai
Around This Property
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Property Overview
| Project Name | Lake Palace |
|---|---|
| Brokerage | 3.4 Lacs Access Zero Brokerage Properties |
| Price | 1.7 Cr |
| Carpet Area | 600 sq.ft |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Parking | 1 Covered and 1 Open Parking |
| Balcony | 1 |
| Added | More than a month ago |
About this property
2 BHK Flat for sale in Mumbai. This property is in Powai, which is a coveted investment location. This tastefully designed 2 BHK unit is among Mumbai's best properties. Contact now for more details. This property in Mumbai is on floor 7. The total number of floors in this Flat is 20. The price of the Flat is Rs 1.7 Cr. Monthly maintenance charges come to Rs 1000. It is best suited for all kinds of families. Because this property is spacious, with a built-up area of 800 square_feet. The carpet area is 600.0 square_feet. This is a South-East facing property. It has 2 bathroom and 2 bedrooms. Some of the very well-known and reputed speciality hospitals like CuddlesNCare Pediatric Hospital and NICU, Paramount General Hospital & ICCU, Millat Hospital are just a walk away from this location. The brokerage amount to be paid is Rs 340000
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Price Estimate
Predicted by Housing Artificial Intelligence
Know how we estimate?
Price : ₹1.70Cr
₹1.55Cr ₹1.90Cr
Price is similar 👍🏼
to the predicted range in Powai
Amenities
Car Parking
Resident reviews for
Powai
4.6/5
Project
Locality
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Now you can see Rating & Review in one place for both Project & Locality!
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 Lake Palace vs. Powai
(Apartments)-11.00%
depreciation in avg. price / sq.ft (Built-up Area) for Lake Palace in last 1 year
+
ADD MORE
to compare
Project
Lake Palace
-11.00%
Last 1 Year
₹14.5K/sq.ft
Avg. rate
Locality(Apartments)
Powai
-1.92%
Last 1 Year
₹23.9 K/sq.ft
Avg. rate
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Powai Locality
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Locality Guidefor Powai, Mumbai
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Locality Overview Video
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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
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Lake Palace Developer Information
Reputed Builder2001Established In 57409Total Projects
2001
Established In
57409
Total Projects
Reputed Builder is a promising name in the Real Estate market. With a rich wealth of experience and expertise in the construction and development field, the Group is known to be the best Real Estate developer in the city. They operate with a high degree of transparency, as quality matters a lot for them in order to meet customer's needs and desires. The builders believe in providing high quality construction work at affordable costs to all residents helping them achieve their dream of owning their own home. One of the top builders in the city, Reputed Builder strongly believes in giving the best infrastructure to its clients without compromising on the quality to offer a fine living space.
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About Lake Palace
Located near Powai in Mumbai, Reputed Lake Palace is an upcoming residential project from Reputed Builder. The project ready-to-move and offers all lifestyle facilities that make for a comfortable lifestyle. Reputed Lake Palace has . Restaurants, banks, hospitals, ATMs and schools are all within the vicinity, making everyday life easy. Powai is also well-connected by public transport with other parts of Mumbai.
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