Powai being located in
the north-east neighborhood of Mumbai is said to be on of the most influential
localities in the city. The suburb of Powai has seen a staggering growth of
residential projects and complexes which has changed the horizon of the city
completely. Festivals like Ganesh Chaturthi are big hype in this part of the city
with a multitude of people flocking the streets to pay their respects to Lord
Ganesha.
Over the years, Powai
has evolved to be a residential and commercial hub. Buzzing with a number of
gated communities, luxury residential complexes, and happening shopping malls,
Powai is the place to be in Mumbai. Be it the upmarket residential locales, or
the happening nightlife, Powai is considered to be the face of modern-day
Mumbai.
The Indian Institute of
Technology, Mumbai or IIT- Bombay was built in Mumbai in
the year 1958. Since the advent of this prestigious college Powai has seen a
surging growth in all sectors of the society especially the real estate sector.
Powai is an important landmark due to its great connectivity to both the
Eastern as well as the Western Express Highway and also its proximity to the
airport. There are a large number of commercial projects that are happening in
the heart of Powai. With over 150+ offices in Mumbai and multinationals moving
in, Powai definitely has a very promising future.
Thousands of job
opportunities opened up due to set up of major conglomerates like Bayern,
Deloitte, CRISIL, Nomura and Larsen & Toubro which have led a lot of people
to flock to this suburb for a job. The setup of these offices has also led to
an exponential increase in residential as well commercial spaces in this
locality resulting in the growth of this region.
When you buy a flatin Powai you feel like you are in heaven with its large and spacious
rooms which also come with modern amenities such as increased parking space for
visitors, indoor gymnasium, swimming pool and recreational centre for kids. The
enormous skyscrapers in Powai have Roman architecture to it which gives the
building a classical look. These buildings also give you a very scenic view of
the night life of Mumbai city.
The demand for propertyin Powai has been tremendous. This can be attributed to the
well-connected road network, fast-paced urban life, and desirable social
infrastructure. The road network in Powai is absolutely excellent with its
BEST- run AC and Non-AC bus services. The Jogeshwari-Vikhroli Link Road, which
passes through Powai is a bridge between the Eastern and Western Expressway.
This helps the residents of Powai travel to any part of Mumbai and beyond with
ease.
Powai is all set to see
a new landmark in the form of an upcoming bird park. Powai was selected because
it was one of the few localities still in tune with nature. Once completed,
this 24-acre bird park will be a major landmark in Powai, infusing life in the
tourism industry and encouraging further commercial development.
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