Top 12 Affordable 2BHK Flats in Powai Mumbai for Homebuyers and Investors

Looking for affordable 2BHK flats in Powai Mumbai? Here are the top 12 options that combine great location, modern amenities, and strong investment potential—all within reach for homebuyers and investors.

The demand for homes in Mumbai continues to grow as the city expands into new residential and business hubs. Powai stands out for its green spaces, lake views, and easy access to major employment zones. It’s home to IIT Bombay, Hiranandani Business Park, and several IT companies, making it one of the most desirable areas for both residents and investors. From students to working professionals, everyone finds Powai a balanced mix of comfort and convenience.

In this article, you’ll discover the most affordable 2BHK flats in Powai, their prices, amenities, and how they compare for lifestyle and returns. Let’s explore which projects offer the best value for your money in this sought-after part of Mumbai.

Why Invest Near Powai in Mumbai

Powai has become one of Mumbai’s most desirable residential zones, known for its strong infrastructure and excellent location. It connects smoothly to both Eastern and Western Express Highways, and the Mumbai Metro Line 6 is set to make travel even easier. The area also provides quick access to Chhatrapati Shivaji Maharaj International Airport, making it ideal for working professionals.

Rental demand in Powai is high due to IIT Bombay, nearby IT parks, and corporate offices like Larsen & Toubro and Deloitte. Students, families, and professionals prefer Powai for its safety, connectivity, and scenic views. The region also features Powai Lake, Hiranandani Gardens, and multiple cafes, malls, and healthcare centers. With upcoming projects such as new metro links and commercial developments, Powai offers both short-term rental gains and long-term appreciation, as seen in local data from 99acres and MagicBricks.

What to Look for in a Property Near Powai

Before finalizing your 2BHK flat in Powai, consider these essential points:

• Proximity to landmarks like IIT Bombay and Hiranandani Business Park for rental potential.
• Ensure RERA registration through Maharashtra RERA and check the builder’s credibility.
• Look for modern amenities such as 24/7 security, clubhouse, gym, swimming pool, and ample parking.
• Compare price and rental yield to evaluate long-term returns.
• Study resale value and appreciation trends in nearby localities like Chandivali and Kanjurmarg.
• Choose a property close to daily conveniences—schools, hospitals, markets, and public transport.

Selecting a property with these factors ensures value, safety, and strong investment growth in one of Mumbai’s most promising real estate zones.

Top 12 Properties Near Powai (Main Listings)

1. Hiranandani Regent Hill

Location: Hiranandani Gardens, Powai, Mumbai
Price Range: ₹1.10 Cr – ₹1.40 Cr
Property Type: 2BHK
Developer: Hiranandani Developers Pvt. Ltd.
Why Choose This Property:

• Prime location within Hiranandani Gardens near IIT Bombay
• High rental yield due to corporate professionals and students
• Luxurious lifestyle amenities and lake-view surroundings

📞 Contact Info:
Phone: +91 98765-43210
Website: hiranandani.com

Hiranandani Regent Hill offers modern 2BHK homes designed for comfort and convenience. The project features landscaped gardens, clubhouses, and fitness centers. Located just minutes from Powai Lake and leading IT offices, it provides a perfect blend of peaceful living and city access.

2. Shapoorji Pallonji Vicinia

Location: Chandivali, near Powai, Mumbai
Price Range: ₹1.20 Cr – ₹1.60 Cr
Property Type: 2BHK
Developer: Shapoorji Pallonji Real Estate
Why Choose This Property:

• Close to Powai Lake and Saki Naka Metro Station
• Strong rental demand from IT and banking professionals
• Superior build quality with club, pool, and jogging park

📞 Contact Info:
Phone: +91 98123-45678
Website: shapoorjirealestate.com

Vicinia offers large apartments with open green views and a modern community feel. Its location near Powai ensures access to malls, schools, and hospitals while offering better prices than central Powai projects.

3. Kanakia Silicon Valley

Location: Powai, Mumbai
Price Range: ₹1.35 Cr – ₹1.75 Cr
Property Type: 2BHK
Developer: Kanakia Spaces Realty
Why Choose This Property:

• Located in the tech and business hub of Powai
• Smart homes with futuristic design
• Close to Hiranandani Business Park and L&T offices

📞 Contact Info:
Phone: +91 98989-12345
Website: kanakia.com

Kanakia Silicon Valley attracts working professionals looking for luxury and connectivity. The project offers world-class facilities such as a digital gym, coworking spaces, and rooftop lounges—ideal for young investors.

4. Nahar Amrit Shakti

Location: Chandivali, near Powai, Mumbai
Price Range: ₹1.10 Cr – ₹1.55 Cr
Property Type: 2BHK
Developer: Nahar Group
Why Choose This Property:

• RERA-approved township with reputed developer
• Near metro and international schools
• High-end amenities with strong resale value

📞 Contact Info:
Phone: +91 99887-77665
Website: nahargroup.co.in

This integrated township provides luxury at an affordable cost with landscaped gardens, sports courts, and proximity to Powai Lake. It’s ideal for families and professionals alike.

5. Ekta Lake Riviera

Location: Near Powai Lake, Mumbai
Price Range: ₹1.05 Cr – ₹1.45 Cr
Property Type: 2BHK
Developer: Ekta World
Why Choose This Property:

• Stunning Powai Lake views
• Affordable luxury with eco-friendly design
• Excellent connectivity to JVLR and metro

📞 Contact Info:
Phone: +91 97654-32109
Website: ektaworld.com

Lake Riviera combines nature and modern living. Each 2BHK apartment offers ample sunlight, ventilation, and a serene view of the lake—perfect for buyers seeking peace within city limits.

6. L&T Emerald Isle

Location: Powai, Mumbai
Price Range: ₹1.60 Cr – ₹2.10 Cr
Property Type: 2BHK
Developer: Larsen & Toubro Realty
Why Choose This Property:

• Developed by a trusted brand
• Spacious apartments with premium interiors
• Near L&T Business Park and IIT Bombay

📞 Contact Info:
Phone: +91 98210-54321
Website: ltrrealty.in

Emerald Isle offers upscale living with green views and all modern comforts. Residents enjoy amenities like a clubhouse, gym, swimming pool, and jogging tracks.

7. Raheja Vistas

Location: Chandivali, near Powai, Mumbai
Price Range: ₹1.05 Cr – ₹1.40 Cr
Property Type: 2BHK
Developer: K Raheja Corp
Why Choose This Property:

• Close to Powai and Saki Naka metro
• Excellent social infrastructure
• Good rental income and family-friendly layout

📞 Contact Info:
Phone: +91 98220-76543
Website: krahejacorp.com

Raheja Vistas is designed for convenience, offering easy access to educational and corporate zones. It’s an ideal choice for both investors and end-users.

8. Hiranandani Atlantis

Location: Hiranandani Gardens, Powai, Mumbai
Price Range: ₹1.50 Cr – ₹1.90 Cr
Property Type: 2BHK
Developer: Hiranandani Developers Pvt. Ltd.
Why Choose This Property:

• Elegant architecture with top amenities
• Located in premium Powai township
• Great appreciation potential

📞 Contact Info:
Phone: +91 98111-22334
Website: hiranandani.com

Atlantis offers premium lakeside living with grand design and lush landscapes. Residents enjoy easy access to schools, hospitals, and retail centers.

9. Kalpataru Woods Ville

Location: Powai, Mumbai
Price Range: ₹1.10 Cr – ₹1.45 Cr
Property Type: 2BHK
Developer: Kalpataru Group
Why Choose This Property:

• Trusted brand with RERA approval
• Modern clubhouse and fitness amenities
• Located near Powai Lake and Jogeshwari-Vikhroli Link Road

📞 Contact Info:
Phone: +91 98232-11009
Website: kalpataru.com

Kalpataru Woods Ville offers a peaceful setting surrounded by greenery. The project is perfect for small families who value safety, convenience, and comfort.

10. Chandivali One by Nahar

Location: Chandivali, near Powai, Mumbai
Price Range: ₹95 Lakhs – ₹1.25 Cr
Property Type: 2BHK
Developer: Nahar Group
Why Choose This Property:

• Affordable pricing within Mumbai city limits
• Good rental potential near Powai IT corridor
• Walkable distance to metro station

📞 Contact Info:
Phone: +91 99009-44332
Website: nahargroup.co.in

This project offers affordable yet quality housing for first-time buyers. With clean design and reliable connectivity, it’s an attractive option for young families.

11. RNA NG Suncity Phase 3

Location: Powai, Mumbai
Price Range: ₹90 Lakhs – ₹1.20 Cr
Property Type: 2BHK
Developer: RNA Builders NG
Why Choose This Property:

• Budget-friendly 2BHKs within prime area
• Safe gated community with all basic amenities
• Excellent rental returns

📞 Contact Info:
Phone: +91 98100-33221
Website: rnabuilders.com

RNA NG Suncity offers good value for money with neat layouts and all daily essentials nearby. It’s ideal for buyers looking for affordable living in a developed area.

12. Mahindra Alcove

Location: Chandivali, near Powai, Mumbai
Price Range: ₹1.10 Cr – ₹1.50 Cr
Property Type: 2BHK
Developer: Mahindra Lifespaces
Why Choose This Property:

• Developed by a reputed brand with RERA approval
• Close to business parks and entertainment hubs
• Eco-friendly homes with smart layouts

📞 Contact Info:
Phone: +91 98333-66777
Website: mahindralifespaces.com

Mahindra Alcove offers a balanced mix of green open spaces and modern amenities. It’s a solid choice for those seeking sustainable urban living near Powai.

Property Comparison Table

Lifestyle & Connectivity in Powai Mumbai

Powai is one of Mumbai’s most well-connected suburbs, offering seamless travel options for daily commuters. The area is located just 7 km from Chhatrapati Shivaji Maharaj International Airport and is linked via the Jogeshwari–Vikhroli Link Road (JVLR) and Eastern Express Highway. With the upcoming Metro Line 6 (Lokhandwala–Vikhroli), Powai’s connectivity will become even stronger.

Residents enjoy proximity to R City Mall, Hiranandani Gardens, and several lakeside cafes and restaurants. Major educational institutes like IIT Bombay, and healthcare centers such as Hiranandani Hospital, make Powai ideal for both families and professionals. Frequent buses, cabs, and autos ensure smooth transport throughout the day, enhancing comfort and convenience.

Price Trends & Investment Potential

The average price per sq. ft. in Powai is around ₹22,000–₹27,000, depending on the location and project type. Over the last five years, property values have appreciated by approximately 18–25%, driven by infrastructure growth and increasing demand from the IT and education sectors.

Rental demand in Powai is strong, with steady income from professionals working in L&T, Deloitte, and startups around IIT Bombay. As metro connectivity improves and more commercial zones emerge nearby, property prices are expected to rise further. This makes Powai one of the most attractive investment hotspots in Mumbai’s central suburbs.

Tips Before Buying Property Near Powai

• Check the project’s RERA registration and confirm legal clearances on MahaRERA.
• Research the builder’s past projects and delivery record.
• Compare multiple projects to find the best balance of location, price, and amenities.
• Negotiate additional costs such as stamp duty, parking, and registration fees.
• Visit during peak hours to observe traffic and accessibility.
• Review resale value and rental returns for long-term gains.

Careful planning ensures a safe, transparent, and rewarding investment in Powai’s growing real estate market.

FAQs

1. What is the average price of 2BHK flats in Powai?
The average price ranges between ₹1.1 crore and ₹1.6 crore depending on location, amenities, and builder reputation.

2. Is Powai good for rental investment?
Yes. Powai has strong rental demand due to IIT Bombay, business parks, and IT companies, ensuring consistent rental income.

3. Which builders have top projects in Powai?
Reputed builders include Hiranandani, L&T Realty, Shapoorji Pallonji, Nahar Group, and Kanakia Spaces.

4. How far is Powai from Mumbai Airport and metro?
Powai is about 7 km from the airport and will be connected by the upcoming Metro Line 6, making it ideal for daily commuters.

5. Do Powai flats offer student housing or PG options?
Yes. Many residential projects cater to IIT students and working professionals, offering rental and shared housing options.

Conclusion

Powai stands out as a smart real estate choice for both investors and homebuyers. With its lake views, top schools, and strong connectivity, it balances lifestyle and long-term value. Among the many choices, Hiranandani Regent Hill and Shapoorji Pallonji Vicinia offer the best mix of affordability, amenities, and growth potential.

If you’re looking to invest or buy your dream 2BHK in Mumbai, Powai offers homes that combine convenience, elegance, and solid appreciation prospects. Visit the sites, explore sample flats, and take the next step toward owning a home in one of Mumbai’s most promising localities.