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Last updated: Feb 1, 2025

1 BHK Flat for Rent
Semi Furnished
530.00 sq.ft
IIT Area, Powai, Mumbai

OFFERS

Zero brokerage

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31,000

Added just now

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+ 8 more

Property Location

IIT Area, Powai, Mumbai

Around This Property

School

Hiranandani Foundation School (Old Building)

3 mins

(1.9 km)

Hospital

Healthspring Powai

3 mins

(1.7 km)

Railway Station

Saki Naka Metro Station

8 mins

(6.5 km)

View more on Maps

Overview

Security	60,000
Brokerage	No Charge Access Zero Brokerage Properties
Maintenance	60,000
Built up area	530 sq.ft
Furnishing	Semi Furnished
Bathrooms	2
Balcony	No Balcony
Available from	Mar, 2025
Floor number	Lower of 5 floors
Lease type	Family / Bachelor / Company
Age of property	20 years
Parking	3 Open Parking
Main entrance facing	East
Gas Pipeline	Yes
Gate Community	Yes
Carpet area	490 sq.ft
Price Negotiable	No

About this property

This home is a 1BHK apartment, 5 minutes walk from IIT MainGate, hospitals, markets, banks, various stores, the area is relatively calm, we welcome you to see it for yourself.

More About This Property

This Flat can be a comfortable and affordable home for your family. It is a 1 BHK unit available on rent at Powai in Mumbai. This Flat comes with a plethora of amenities to meet your modern lifestyle needs. It is Semi Furnished. It is located on floor 1 of the building having a total 5 floors. Offering beautiful city views, this 1 BHK has been thoughtfully developed. It includes a total of 1 bedroom and 2 bathroom. The property is East facing. It also includes 0 balcony that can be a perfect place for relaxation. The built-up area of the Flat is 530 Square feet. The carpet area is 490 Square feet. The Flat is available for a monthly rent of Rs 31000. The security deposit payable is Rs 60000.

Project Highlights

Residents have access to power backup facility. The property provides a secure environment for the residents as it has the latest safety features like cctv facility. The locality Powai where this Flat is situated, has well-equipped social infrastructure. Those who need medical assistance in emergencies can be worry-free as there are hospitals close by, such as Healthspring Powai, Powai Polyclinic & Hospital, and Dr L H Hiranandani Hospital

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offers

1. Zero brokerage

2. Only one month security deposit

3. Free rental agreement

Price Estimate

Predicted by Housing Artificial Intelligence

Know how we estimate?

Rent : ₹31.00K

₹37.21K ₹45.47K

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₹6207 less rent 🤑

than the predicted range in Powai

Furnishings

Cupboard

Geyser

CCTV

Amenities

Parking

Power Backup

Pet Allowed

Looking for Options to Invest in Commercial

Commercial for Rent

in Powai

Offices for Rent

in Powai

Shops for Rent

in Powai

Showrooms for Rent

in Powai

Resident reviews for

Powai

4.6/5

Ratings based on features

4.6/5

Connectivity

4.6/5

Neighbourhood

4.5/5

Safety

4.6/5

Livability

Good things here

Good connectivity

Near schools, hospitals, malls

Cleanliness and greenery

+1 More

Things that need improvement

Traffic congestion

Noise pollution

Water shortage in some areas

All resident reviews (144 reviews)View All

Gautam

Owner | 2 months 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 | 2 months 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 | 3 months 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 | 3 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 | 5 months ago

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

View All

144 Reviews

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Price Trends for Powai

(Apartments)

-8.39%

depreciation in avg. price (Built-up Area) for Powai in last 1 year

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to compare

Locality(Apartments)

Powai

-8.39%

Last 1 Year

₹47.7 K/month

Avg. rent - 3+ BHK

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Tour this Property: Images & Videos

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Locality Guide
for Powai, Mumbai

Locality Overview Video

62 More

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. Read More

Powai is going to have 2 metro stations under upcoming Metro Line 6

Authorities will widen Jogeshwari-Vikhroli Link Road (JLVR) ease the traffic

New residential projects are coming up

Authorities plan to increase green belt along banks of Mithi Lake in Powai

Parking space has been planned for the locale

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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