Top 13 Flats Near IIT Bombay Girls Hostel | Best Properties in Powai Mumbai 2025

Top 13 Flats Near IIT Bombay Girls Hostel — Best Options for Students and Investors in 2025
Looking for the best flats near IIT Bombay Girls Hostel? Here are the top 13 options in Powai offering modern homes, strong rental potential, and a safe, student-friendly environment. Each property balances comfort, connectivity, and value — ideal for both residents and real estate investors.

Mumbai’s real estate scene continues to grow as education hubs like IIT Bombay boost local property demand. Powai, with its lakeside charm and strong infrastructure, has become one of the city’s most desirable residential zones. Students, faculty, and working professionals prefer this area for its metro links, shopping zones, and balanced lifestyle.

If you’re planning to buy, rent, or invest near IIT Bombay, you’re in the right place. This guide covers the best projects, price ranges, and amenities — helping you make an informed property choice. Let’s explore the top flats near IIT Bombay that offer both comfort and great returns.

Why Invest Near IIT Bombay in Mumbai?

Investing near IIT Bombay offers a unique edge. This area enjoys excellent connectivity via JVLR, the Eastern Express Highway, and upcoming Metro Line 6. (IndexTap) Because it’s a major educational hub, there’s steady rental demand from students, academicians, and tech professionals. The presence of shopping malls, hospitals, parks, and cultural hotspots further enhances livability. (Powai Properties) As civic infrastructure continues to expand, properties here are likely to appreciate faster than in peripheral suburbs.

What to Look for in a Property Near IIT Bombay?

• Distance from IIT Bombay — Ideally under 2 km walking or 5–10 mins by local transport.
• RERA / MahaRERA approval & trustworthy builder — Use the official portal to verify registration. (Maharashtra RE Authority)
• Amenities — Security, gym, clubhouse, power backup, fast internet.
• Price vs rental yield — Aim for a balance where rent covers maintenance and offers returns.
• Resale value — Check past sale trends in the area.
• Proximity to essentials — Hospitals, markets, schools, metro/bus stops.

Top 13 Flats Near IIT Bombay Girls Hostel

1. Hiranandani Empress Hill

Location: Hiranandani Gardens, Powai, Mumbai
Price Range: ₹6.05 Cr – ₹9.24 Cr
Property Type: 3 BHK / 4 BHK
Developer: Hiranandani Group
Why Choose This Property:

• Premium address with luxury design and high-quality finishes
• Strong rental demand and excellent long-term growth
• Full amenities with integrated township lifestyle
  📞 Contact Info: +91 22-xxxx-xxxx
  Website: hiranandani.com

A luxury residence in Hiranandani Gardens offering panoramic Powai Lake views, modern interiors, and a top-tier lifestyle. Ideal for investors seeking premium value near IIT Bombay.

2. L&T Elixir Reserve

Location: Powai, near IIT area
Price Range: ₹2.48 Cr – ₹4.44 Cr
Property Type: 2 BHK / 3 BHK
Developer: L&T Realty
Why Choose This Property:

• Modern project by a reputed national developer
• Balanced pricing with strong appreciation outlook
• Prime connectivity with excellent infrastructure
  📞 Contact Info: +91 22-xxxx-xxxx
  Website: ltrealty.com

L&T Elixir Reserve combines elegant design with strategic location advantages, providing residents an upscale living experience close to IIT Bombay.

3. L&T Veridian at Emerald Isle

Location: Powai (Emerald Isle region)
Price Range: ₹1.98 Cr – ₹3.97 Cr
Property Type: 2 BHK / 3 BHK
Developer: L&T Realty
Why Choose This Property:

• Reliable brand reputation and steady appreciation
• Balanced layout with functional interiors
• Good access to markets, schools, and healthcare
  📞 Contact Info: +91 22-xxxx-xxxx
  Website: ltrealty.com

Veridian offers practical homes with upscale amenities and peaceful surroundings, suited for families and professionals near IIT.

4. GHP Isle of Calm

Location: Powai
Price Range: ₹0.98 Cr – ₹2.03 Cr
Property Type: 1 BHK / 2 BHK / 3 BHK
Developer: GHP Group
Why Choose This Property:

• Affordable within Powai’s premium locality
• Ideal for students or single professionals
• Decent amenities with a calm living environment
  📞 Contact Info: +91 22-xxxx-xxxx
  Website: ghpgroup.in

A peaceful project designed for affordability without losing Powai’s charm, making it attractive for both renting and first-time buyers.

5. Nahar Yuu Nova

Location: Hiranandani Gardens / Powai
Price Range: Premium 1 BHK units
Property Type: 1 BHK
Developer: Nahar Builders
Why Choose This Property:

• Compact yet modern apartments
• Efficient design for singles or couples
• Close to Powai’s core shopping and cafes
  📞 Contact Info: +91 22-xxxx-xxxx
  Website: nahar.co.in

Yuu Nova focuses on smaller living spaces with practical layouts, giving residents easy access to IIT Bombay and Powai’s lifestyle facilities.

6. Godrej Urban Park

Location: Powai
Price Range: ₹1.27 Cr – ₹3.19 Cr
Property Type: 1 / 2 / 3 BHK
Developer: Godrej Properties
Why Choose This Property:

• Trusted national developer with quality assurance
• Modern architecture and green spaces
• Steady price growth due to location advantage
  📞 Contact Info: +91 22-xxxx-xxxx
  Website: godrejproperties.com

A well-planned gated project blending greenery with urban comfort, offering homes suited for students, professionals, and small families.

7. Kanakia Silicon Valley

Location: Krishna Nagar, Powai
Price Range: ₹1.7 Cr – ₹6.74 Cr
Property Type: 2 / 3 / 4 BHK
Developer: Kanakia Spaces
Why Choose This Property:

• Smart design with world-class amenities
• Popular among tech professionals and families
• Close to major business hubs and IIT campus
  📞 Contact Info: +91 22-xxxx-xxxx
  Website: kanakia.com

Kanakia Silicon Valley offers a futuristic living experience inspired by innovation, ideal for tech-oriented professionals in Powai.

8. Adityaraj Greens

Location: Powai (IIT area)
Price Range: ₹1.25 Cr – ₹2.20 Cr
Property Type: 1 / 2 / 3 BHK
Developer: Adityaraj Builders
Why Choose This Property:

• Affordable price for Powai’s demand zone
• Clean design and practical living layouts
• Easy connectivity to IIT and JVLR
  📞 Contact Info: +91 22-xxxx-xxxx
  Website: adityarajbuilders.com

This project focuses on affordability while ensuring comfort, security, and strong access to key educational and business areas.

9. Nahar Amrit Shakti

Location: Powai / Chandivali
Price Range: ₹1.63 Cr – ₹5.46 Cr
Property Type: 2 / 3 / 4 BHK
Developer: Nahar Group
Why Choose This Property:

• Family-friendly environment with large green zones
• Excellent infrastructure and premium features
• Long-term appreciation potential
  📞 Contact Info: +91 22-xxxx-xxxx
  Website: nahargroup.in

Amrit Shakti stands out for its spacious homes, planned township feel, and consistent value appreciation in the Powai-Chandivali corridor.

10. Hiranandani Atlantis / Zen

Location: Hiranandani Gardens, Powai
Price Range: Premium bracket
Property Type: 2 / 3 / 4 BHK
Developer: Hiranandani Group
Why Choose This Property:

• Elegant architecture and scenic lake views
• Prestigious address with strong market reputation
• Top-tier lifestyle amenities
  📞 Contact Info: +91 22-xxxx-xxxx
  Website: hiranandani.com

Atlantis and Zen are standout towers within Hiranandani Gardens, blending architectural excellence with a thriving community atmosphere.

11. Wadhwa Lake Front

Location: IIT area, Powai
Price Range: High-end segment
Property Type: 2 / 3 BHK
Developer: Wadhwa Group
Why Choose This Property:

• Lake-facing homes with elegant finishes
• Designed for premium buyers and NRIs
• Excellent appreciation potential
  📞 Contact Info: +91 22-xxxx-xxxx
  Website: thewadhwagroup.com

Lake Front by Wadhwa delivers serene living by Powai Lake, offering both luxury and calmness near IIT Bombay.

12. IIT Bombay Staff Co-operative Housing Society

Location: Near IIT Bombay campus, Powai
Price Range: Based on resale value
Property Type: 1 / 2 / 3 BHK
Developer: IIT Staff Cooperative
Why Choose This Property:

• Exclusive and campus-adjacent housing
• Stable community and secure environment
• Limited availability, high rental appeal
  📞 Contact Info: +91 22-xxxx-xxxx
  Website: (Local housing society)

These flats offer unmatched proximity to IIT Bombay, designed primarily for faculty and staff but also popular among long-term investors.

13. Shree Krishna Residency

Location: IIT area, Powai
Price Range: ₹1.4 Cr – ₹1.8 Cr
Property Type: 2 BHK / 2.5 BHK
Developer: Local Builder
Why Choose This Property:

• Cost-effective compared to large townships
• Walking distance from IIT Bombay
• Strong potential for student rentals
  📞 Contact Info: Local agents
  Website: housing.com

A small yet efficient project catering to mid-range buyers and those seeking practical, walkable proximity to the IIT campus.

Property Comparison Table

Lifestyle & Connectivity in Powai, Mumbai

Powai offers one of Mumbai’s best mixes of urban convenience and natural beauty. The area is only about 6 km from Chhatrapati Shivaji International Airport and connected by JVLR, Saki-Vihar Road, and Metro Line 6. Residents can easily reach key areas like Andheri, Kurla, and Ghatkopar. Shopping and leisure options such as R City Mall, Galleria Powai, and Hiranandani Gardens Market add comfort and entertainment. Educational institutions and hospitals like Hiranandani Foundation School and Dr. L. H. Hiranandani Hospital ensure top-tier social infrastructure. Public transport is well-served by cabs, autos, and BEST buses, making daily travel simple for both students and working professionals.

Price Trends & Investment Potential

The average property price near IIT Bombay and Powai ranges between ₹20,000 – ₹30,000 per sq. ft. Prices have shown consistent 6 – 8 percent yearly growth over the last five years. Rental demand remains high thanks to IIT Bombay, several corporate parks, and tech startups nearby. With the ongoing metro expansion and new business centers, the area’s long-term appreciation potential is strong. Investors can expect healthy rental yields and steady resale value, making Powai a reliable choice for those seeking both capital growth and stable income.

Tips Before Buying Property Near IIT Bombay

• Verify RERA registration on MahaRERA.
• Review the builder’s track record and previous project delivery.
• Compare multiple projects to understand pricing and amenities.
• Visit during morning and evening hours to evaluate real-world traffic.
• Check nearby schools, hospitals, and grocery options before finalizing.
• Discuss stamp duty, registration fees, and maintenance charges in advance.

FAQs

What is the average price of flats near IIT Bombay?
Average prices range from ₹1 crore for a 1 BHK to ₹6 crore + for larger apartments, depending on project and amenities.

Is Powai a good location for rental investment?
Yes. Powai sees steady rental demand from IIT Bombay students, faculty, and professionals working in nearby IT parks.

Which builders have leading projects near IIT Bombay?
Top names include Hiranandani, L&T Realty, Godrej Properties, Nahar Group, and Kanakia Spaces.

How far is IIT Bombay from the nearest metro station?
The upcoming Metro Line 6 and existing stations at Saki Naka and Marol Naka are about 10–15 minutes away.

Are student-friendly or PG options available near the IIT campus?
Yes. Many gated communities and individual flats in Powai and Chandivali cater to students and working singles.

Conclusion

Powai, anchored by IIT Bombay, is one of Mumbai’s most stable and rewarding property destinations. The mix of strong rental income, proximity to major offices, and access to lifestyle hubs makes it a standout choice. Projects like L&T Elixir Reserve and Godrej Urban Park combine convenience with long-term growth. For students, professionals, and investors, the IIT Bombay neighborhood offers both comfort and value. Schedule a site visit or contact the builders directly to explore the right property for your needs.