5 Factors That Make Powai the Dream Residential Destination in Mumbai
Powai is unquestionably one of the most popular residential areas in the Mumbai suburbs today. The suburb, formerly a central village, has now flourished to become an uptown residential and business centre, comprising developments by top builders in Mumbai. The combination of unrivalled business growth and natural beauty has shaped this lovely area. Powai contains everything – from trusted healthcare institutions to colleges and universities, five-star hotels to fast food joints, dining establishments, and amusement areas. How could anyone forget the neighbourhood’s famous Powai Lake and The Indian Institute of Technology Bombay?
People from all walks of life have been drawn to Powai – including property buyers and investors, business owners, working professionals, and of course, real estate developers. It was once considered a family retirement destination, but factors like development and population growth have turned it into a contemporary residential hub.
Top 5 Factors That Make Powai a Dream Residential Destination:
-
Thriving business centre
Powai was one of the first suburbs to attract several corporations that were relocating their headquarters from South Mumbai’s traditional commercial areas of Nariman Point, Fort, and Churchgate. Given its proximity to the iconic IIT-Mumbai with its numerous business set-ups and SEEPZ, where India’s top IT companies are located, Powai is quickly emerging as the start-up hub of India and is affectionately referred to as “Powai Valley.” It also houses the L&T Business Park, corporate headquarters and offices of many Indian and foreign corporations.
-
Connectivity
The Western Express Highway, The Eastern Express Highway, LBS Marg, and Jogeshwari Link Road all link this suburb to the rest of the city. Powai is conveniently connected to Mumbai’s western and southern regions by the Eastern Express Highway. Access to Mumbai’s western suburbs is made possible through the Jogeshwari-Vikhroli Link road, which runs through Powai. Kanjurmarg, Vikhroli, Andheri, Chandivali, and BKC are places situated nearby. The primary means of public transportation in the area is the bus. Kanjurmarg is the closest central railway train station, while Saki Naka on Line 1 is the nearest metro stop.
-
Proximity to essential infrastructure
IIT Bombay, the upcoming A M Naik School, the Gopal Sharma Group of Institutions, the Athena School of Management, and many more reputable schools and colleges are located in Powai. Powai also offers the finest when it comes to medical emergency services thanks to its first-rate hospitals and healthcare institutions. There are a lot of supermarkets and shopping outlets like Galleria Shopping Mall, Powai Plaza, etc. in Powai to cater to your shopping needs.
-
Recreation
A popular destination for an evening out with friends or family is Powai. The location has a few nice restaurants which are the perfect spot to spend time with your loved ones over scrumptious food, as well as adequate retail outlets where you can shop for your daily essentials. This is also one of the factors that convinces buyers to purchase a 1 BHK in Powai or even larger configurations like 2 or 3 BHK.
-
Land with lush green flora
Powai used to be a forested territory, and it still mostly possesses this characteristic of being covered with greenery. Be it the breathtaking Powai lake after which the location is named, or the Aarey forest and the Sanjay Gandhi National Park which are in proximity to the place, they all add to the impression that it is isolated from the rest of Mumbai – although it isn’t. With its unaltered natural beauty, Powai is a location that soothes frazzled nerves, guarantees quality family time, and allows one to connect with nature to refuel and revitalise oneself, making it a favoured location for a prospective home buyer.
Due to the availability of some excellent social infrastructure, the region has experienced substantial growth in light of all these factors. Powai is therefore becoming a sought-after location to buy apartments in Mumbai, the city of dreams, and live in luxury with all the conveniences.
