Powai is one of the growing towns, with many top residential properties in Mumbai. It is one of the prominent places in Mumbai and has become an outstanding residential and commercial hub. The demand here has been increasing for residences because of its sophisticated, safe and peaceful aura, and once you visit here, you will be mesmerised by its classical architecture.
Everything is in close proximity in Powai, from restaurants, recreational spaces, schools & colleges, banks, hospitals, and luxury hotels. Even the town’s landmarks, like Powai Lake and the Institute of Technology Bombay, are well-known in the suburbs of Mumbai.
It has attracted many young entrepreneurs, real estate developers, and investors. A few years back, Powai was known for retirement living, but now, after increasing population and high development, it has become a significant residential hub.
Here are some reasons why you should invest in residential properties in Powai
Ease of commute & Connectivity:
The Western Express Highway, Eastern Express Highway, LBS and Jogeshwari-Vikhroli Link Road are some significant links that connect this suburb with the entire city. Other nearby locations are Andheri, Chandivali, Kanjumarg, Vikhroli & BKC. The nearest railway station is Kanjurmarg, and the metro station is Saki Naka on Line 1. This attains more attraction of homebuyers and investors at the residential properties in Powai. If you’re looking to invest in residential properties in Powai, Hill Ridge is the answer for you. It is an eight-storey tower located at Amar Hills in Powai. Investing here might attract you to excellent monetary benefits via rentals. Stead aims to provide you with various accurate advice to investors and homebuyers.
Recreation & Greenery:
You would be satisfied with Powai’s recreation zone. It brings a fresh breeze and pleasant air in the middle of chaotic Mumbai. MCGM Hiranandani Gardens, Nirvana Park, mountain views, open grass areas and Powai lake are the most loved green areas here. Besides the green environment, Powai has also ensured using recycled water for garden and construction activities, thus maintaining eco-friendly nature.
Shopping, Fun & Environment:
Emerging lifestyle with a chilled nightlife that includes varieties of Food outlets, Restro-bars, Fashion stores and much more. It also organises many cultural events by community groups during Festival seasons.
Powai has become a significant commercial hub for industries like the IT sector. Companies like Wipro, TCS, Colgate-Palmolive, JP Morgan and many others have made this city a giant business centre. It is said that Powai will soon be known as India’s next Silicon Valley. This city also provides many co-working spaces to businesses. This commercial growth has boosted the employment sector in the town, and even IIT Bombay has established a startup culture. Upgrown startups like Bewakoof, Bizongo, CredR, and Toppr are from Powai. Ample job opportunities have also increased the demand for residential properties here.
Powai has become land for many schools and colleges like The Institute of Technology Bombay, Athena School of Management, and Hiranandani Foundation School. Additionally, we can also see reputed hospitals like Dr.L.H Hiranandani Hospital and Seven Hills offer excellent health services to residents here.
The list will go on. Powai is a tremendous and effective city if you plan to invest in residential property. Stead Realty Advisor brings you a perfect property for your investments. We aim to provide you with the best property at the correct prices.