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Last updated: Mar 25, 2025
2 BHK Flat for RentFully Furnished950.00 sq.ftMHADA Colony 20, Powai, Mumbai
2 BHK Flat for Rent
950.00 sq.ft
58,000
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Property Highlights
Lift
Library
Internet/Wi-Fi
Gymnasium
Property Location
MHADA Colony 20, Powai, Mumbai
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Overview
| Project Name | Panch Mahal |
|---|---|
| Security | 1.5 Lacs |
| Brokerage | 58,000 Access Zero Brokerage Properties |
| Built up area | 950 sq.ft |
| Furnishing | Fully Furnished |
| Bathrooms | 2 |
| Balcony | No Balcony |
| Available from | Apr, 2025 |
| Floor number | 14 of 18 floors |
| Lease type | Family / Bachelor / Company |
| Age of property | 12 years |
| Parking | 1 Open Parking |
| Main entrance facing | East |
| Gas Pipeline | Yes |
| Gate Community | Yes |
| Carpet area | 650 sq.ft |
| Price Negotiable | No |
About this property
Panch Mahal is the most preferred destination for renting flats in Powai, Central mumbai. A 2 BHK flat is now available for rent here. Don't miss to be a part of this community. This 2 BHK flat comes with 2 bathrooms set in 950 sq.ft. Super built-up usable area. This property is constructed on 1050 sq.ft. Extra space for Store Room. Located on 14th of 18 Floor. This is a ready to move property and it is 5-10 years old flat. It is a Furnished property. Inclusive of 12 Light, 5 Fan, 3 AC, 1 TV, 2 Bed, 2 Wardrobe, 2 Geyser, 1 Sofa, 1 Washing Machine, 1 Stove, 1 Fridge, 1 Water Purifier, 1 Microwave, 1 Modular Kitchen, 1 Chimney, 1 Dining Table, 1 Curtains and 1 Exhaust Fan. Property will be leased for 12 months from Tue, 01 Apr 2025 to families, single men and single women only with a notice of 1 month for a duration of 12 months. With all the highlighted features, we are asking for ₹ 58,000 monthly. Refundable Security Deposit is ₹ 150000.
More About This Property
Check out this Flat available for rent in Powai in Mumbai. It is a 2 BHK unit that comes at an affordable rent, with modern features and premium amenities to suit your lifestyle needs. The unit is Fully Furnished. It is an East facing property that has been constructed as per Vastu principles. With numerous new-age amenities and green surroundings, this Flat provides a convenient lifestyle for residents. A spacious house for your family, this unit includes 2 bedrooms. There are 2 bathroom and 0 balcony. It has a built-up area of 950 Square feet. The carpet area is 650 Square feet. The Flat is built on 14 floor. The building has a total of 18 floors. The monthly rent is Rs 58000 and the security deposit to be paid by residents is Rs 150000.
Project Highlights
This Flat is constructed within Panch Mahal. The developer also provides other units of 2 BHK configuration. Many amenities have been provided for the residents of this Flat. The amenities include Gym, Garden, Sports Facility, Intercom. There is also provision for power backup facility. There is a modern lift facility. The availability of cctv facility promises safety and security for the residents. This property also includes gymnasium for those who prefer to follow a fitness routine. The locality Powai enjoys good connectivity to different parts of the city. The residents of this Flat will find many reputed healthcare centres in the neighborhood. There are hospitals like Healthspring Powai, Millat Hospital, and Dr L H Hiranandani Hospital
More About This Property
Check out this Flat available for rent in Powai in Mumbai. It is a 2 BHK unit that comes at an affordable rent, with modern features and premium amenities to suit your lifestyle needs. The unit is Fully Furnished. It is an East facing property that has been constructed as per Vastu principles. With numerous new-age amenities and green surroundings, this Flat provides a convenient lifestyle for residents. A spacious house for your family, this unit includes 2 bedrooms. There are 2 bathroom and 0 balcony. It has a built-up area of 950 Square feet. The carpet area is 650 Square feet. The Flat is built on 14 floor. The building has a total of 18 floors. The monthly rent is Rs 58000 and the security deposit to be paid by residents is Rs 150000.
Project Highlights
This Flat is constructed within Panch Mahal. The developer also provides other units of 2 BHK configuration. Many amenities have been provided for the residents of this Flat. The amenities include Gym, Garden, Sports Facility, Intercom. There is also provision for power backup facility. There is a modern lift facility. The availability of cctv facility promises safety and security for the residents. This property also includes gymnasium for those who prefer to follow a fitness routine. The locality Powai enjoys good connectivity to different parts of the city. The residents of this Flat will find many reputed healthcare centres in the neighborhood. There are hospitals like Healthspring Powai, Millat Hospital, and Dr L H Hiranandani Hospital
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Resident reviews for
Powai
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Ratings based on features
Good things here
Things that need improvement
Traffic congestion
Noise pollution
Water shortage in some areas
All resident reviews (144 reviews)View All
Gautam
Owner | 4 months ago
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 | 4 months ago
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 | 4 months ago
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 | 5 months ago
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 | 6 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
Price Trends for Panch Mahal vs. Powai
(Apartments)1.55%
appreciation in avg. price (Built-up Area) for Panch Mahal in last 1 year
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Project
Panch Mahal
1.55%
Last 1 Year
₹69.9K/month
Avg. rent
Locality(Apartments)
Powai
0.51%
Last 1 Year
₹82.4 K/month
Avg. rent - 3+ BHK
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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
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