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Is it recommended to buy a home in Powai, Mumbai?

March 17, 2020 | Silky Malhotra

Is it recommended to buy a home in Powai, Mumbai?

In recent years, Powai has been growing into one of the most sought-after residential destinations in Mumbai, thanks to the advanced infrastructure and commercial prospects this locality offers. This suburb has been attracting developers and homebuyers alike, making it a real estate hotspot. This is because of a number of factors that make homes in Powai great for personal use as well as for investment for returns. However, owing to the rising property rates and the high demand for homes in Mumbai, the costs of residential units in Powai are expected to rise soon. If you are planning to buy a home here, it would be wise for you to make your purchase as soon as possible.

Mumbai is known to house some of the best hospitals in India, offering a reliable healthcare infrastructure. Living in this city, you and your loved ones can enjoy the services of these hospitals during any emergency. A number of good schools and colleges are located in and around Powai, which implies that your children wouldn’t have to waste a lot of time traveling to school every day.

The connectivity features deserve praise, Thanks to the well-developed network of roads and railway, the residents can easily get across to various parts of Mumbai. These include the major employment and business hubs, which is also one of the reasons behind the high demand for homes here among home renters. Purchasing a home in Powai is a decision you wouldn’t have to regret. It is the prime area for investment for home buyers and will give excellent returns in the short term. 

Shapoorji Pallonji Vicinia

If you are looking for a home in Powai which would offer a luxurious lifestyle and a comfortable living space, Shapoorji Pallonji Vicinia might be of interest to you. A variety of features such as meditation area, gymnasium, swimming pool, etc. ensure a fit and healthy lifestyle. The various indoor games and sports amenities would keep you engaged while your children would love spending their leisure time in the kids’ playing area. Priced between INR 1.76 crore and INR 4.70 crore, the apartments come in formats of 2 BHK, 3 BHK, and 3.5 BHK. Shapoorji Pallonji is one of the most reputed developers in India and buying a home built by them would be a good decision.

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