Powai, a suburban area located to the north-east of Mumbai, has been attracting property owners over the years. This is one of the well-developed localities, located close to Mumbai. The Powai Lake lies in this area and the zone is bordered by the LBS Marg, or the old Mumbai-Agra Road. The hills of Vikhroli Park site lie to the south-east of the area, while Chandivali lies to the south-west. The Vikhroli Park site also lies close to the area. A number of commercial offices are located in the zone. The commercial importance of the area, along with its proximity to Mumbai makes Powai one of the best places to buy a residential property. Some of the MNCs are expanding to the area and blue-chip firms are coming up in the city. The Indian Institute of Technology (IIT) is also located here and reputed real estate developers are coming up with sophisticated apartments for the property owners.
The good connectivity of the area with Mumbai ensures that the residents can seamlessly get across to the important business zones in the city. A number of schools, hospitals, hotels and banks are located in a close proximity to the area. The network of railways and roadways is excellent. Besides, the growth of employment opportunities in the area makes it a great place to buy your home. The Jogeshwari-Vikhroli Link Road (JVLR) connects Powai to Mumbai and the residents can reach the Kanjurmarg railway station in quick time. The Chhatrapati Shivaji International Airport is located close to the estate. Other important localities around the area are Mulund, Ghatkopar, Kurla and Chembur.
Some of the large companies like Bayer, Crisil, Deloitte and Larsen and Toubro (L&T) have their manufacturing hubs in Powai. Some of the important schools in the area include Gopal Sharma Memorial School, Pawar Public School and Chandrabhan Sharma Junior College.
Shapoorji Pallonji Vicinia
If you are willing to buy a home in Powai, you should have a look at Shapoorji Pallonji Vicinia Powai. This residential complex has been developed for the home-lovers, and comes with a wide range of sophisticated amenities. The apartments in this complex are of 2 and 3 BHK configuration. The prices range between INR 1.71 crore and INR 4.13 crore. This is a good time for the investors to make the purchase, as the property prices will be increasing in Powai in the coming years. You can enjoy beautiful gardens, parks, landscaped parks and extensive open areas in the complex.