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Last updated: Oct 6, 2025
3 BHK Flat for RentSemi Furnished1694 sq.ftIIT Area, Powai, Mumbai
3 BHK Flat for Rent
1694 sq.ft
2,50,000
Added 19 days ago
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+ 13 more
Property Location
IIT Area, Powai, Mumbai
Around This Property
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Overview
| Security | 7.5 Lacs |
|---|---|
| Brokerage | 2.5 Lacs Access Zero Brokerage Properties |
| Built up area | 1694 sq.ft |
| Furnishing | Semi Furnished |
| Bathrooms | 3 |
| Balcony | 1 |
| Available from | Available now |
| Floor number | 8 of 24 floors |
| Lease type | Family |
| Age of property | 5 years |
| Parking | 1 Covered Parking |
| Main entrance facing | East |
| Gas Pipeline | Yes |
| Gate Community | Yes |
| Carpet area | 1412 sq.ft |
| Price Negotiable | No |
About this property
A 3 BHK flat for rent in Powai close to all basic civic amenities is available for just ₹ 2.5 Lac in L And T Elixir Reserve, Central Mumbai. Property has 1694 sq.ft. Super built-up area with 3 bathrooms & 1 balcony attached. Flat is constructed on 1835 sq.ft. You get an additional space of Pooja Room and Study Room. 1 covered Parking available. Placed on 8th of 24 Floor in 1-5 years old tower. It is a Semi-Furnished property.
More About This Property
Are you looking for an affordable Flat for rent in Mumbai?. Here is a spacious 3 BHK Flat in Powai, promising a comfortable lifestyle. The Flat is semi furnished. Built on floor 8 out of a total 24 floors, it is an ideal home providing beautiful views of the city’s skyline. This property is designed to suit your space needs and has 3 bedrooms and 3 bathroom. It also includes 1 balcony. This rented Flat is East facing and compliant with Vastu Shastra principles. Nestled inside a gated society, this 3 BHK Flat is a perfect accommodation for families seeking a contemporary lifestyle. The built-up area of the residential property is 1694 square_feet. The carpet area of this modern rented Flat is 1412 square_feet. There is also a provision of lift facility that gives convenience to the families, especially senior citizens. The property is equipped with power backup facility. The Flat is available for a monthly rent of Rs 250000. The security deposit payable is Rs 750000.
Project Highlights
The developer is known for delivering quality projects in Mumbai. There are attractive amenities available for the residents of this Flat that fulfil all the needs of a modern-day lifestyle. There are various new-age facilities such as Gym, Garden, Sports facility, Swimming pool, Intercom, Clubhouse, Community hall. Latest safety features like cctv facility have been included in this property to ensure a secure environment for the residents
More About This Property
Are you looking for an affordable Flat for rent in Mumbai?. Here is a spacious 3 BHK Flat in Powai, promising a comfortable lifestyle. The Flat is semi furnished. Built on floor 8 out of a total 24 floors, it is an ideal home providing beautiful views of the city’s skyline. This property is designed to suit your space needs and has 3 bedrooms and 3 bathroom. It also includes 1 balcony. This rented Flat is East facing and compliant with Vastu Shastra principles. Nestled inside a gated society, this 3 BHK Flat is a perfect accommodation for families seeking a contemporary lifestyle. The built-up area of the residential property is 1694 square_feet. The carpet area of this modern rented Flat is 1412 square_feet. There is also a provision of lift facility that gives convenience to the families, especially senior citizens. The property is equipped with power backup facility. The Flat is available for a monthly rent of Rs 250000. The security deposit payable is Rs 750000.
Project Highlights
The developer is known for delivering quality projects in Mumbai. There are attractive amenities available for the residents of this Flat that fulfil all the needs of a modern-day lifestyle. There are various new-age facilities such as Gym, Garden, Sports facility, Swimming pool, Intercom, Clubhouse, Community hall. Latest safety features like cctv facility have been included in this property to ensure a secure environment for the residents
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Furnishings
Dining Table
Washing Machine
Sofa
Microwave
Stove
Fridge
Water Purifier
+7
More furnishings
Amenities
Swimming Pool
Gym
Lift
Power Backup
Intercom
Garden
Sports
+6
More amenities
Looking for Options to Invest in Commercial
Resident reviews for
Powai
Ratings based on features
Good things here
Things that need improvement
Traffic congestion
Noise pollution
Water shortage in some areas
All resident reviews (145 reviews)View All
Anshuman Dhan
Lived before | 10 months ago
Good things here
good amenities and the excellent connectivity of the society. the nearby public transport schools and mons make it convenient for daily life. the green area is also nice providing a pleasant environment for residence.read more
Things need improvement
I feed that the maintenance of the society needs improvement and the cleanliness could be better and the area should be more attention to upkeep of the area.read more
Gautam
Owner | 11 months ago
Good things here
Mumbai's Powai area is a vibrant and rapidly growing neighbourhood that offers a perfect blend of urban convenience and natural beauty. Nestled around the picturesque Powai Lake, the locality boasts a scenic backdrop that adds charm. The well-planned area has excellent infrastructure, making it one of Mumbai's most sought-after residential and commercial hubs. Powai is known for its premium residential complexes, top-notch educational institutions like the Indian Institute of Technology IIT, and global corporate offices, making it an ideal location for professionals and families. The area also has a lively social scene with numerous cafes, restaurants and shopping centers, such as the popular Galeria Mall.read more
Things need improvement
Powai, though known for its scenic beauty and modern infrastructure, faces several challenges. Traffic congestion is a frequent problem, with narrow roads and ongoing construction causing regular jams, especially during peak hours. The cost of living is also notably high, with expensive real estate and daily expenses making it difficult for those on a budget. Waterlogging has become a growing concern as the area has seen a rapid influx of residents and corporate offices, resulting in parking shortages and crowded public spaces. The lack of direct public transportation, particularly no suburban railway access, forces residents to rely on buses and private vehicles, adding to travel time and costs.read more
Kundan Singh
Owner | 11 months ago
Good things here
This locality has grown to feel like a well kept secret in mumbai. Nestled neat the serene powai lake,chandivali boasts a tranquil environment that's a rare find the bustling city. The development of residential complexes over the years had brought modern amenities while retaining a certain peaceful charm. Its connectivity is relatively good,with access to the western express highway making commutes to other parts of mumbai manageable.read more
Things need improvement
The growth in residential and commercial projects has led to increased traffic, particularly on the roads leading to the locality,causing congestion during peak hours. Noise from nearby construction sites and occasional crowd at local hotspots can sometimes disrupt the peaceful setting. Additionally,while the area is generally well developed,some parts still struggle with infrastructure issues, such as irregular water supply.read more
Sunil
Owner | 11 months ago
Good things here
Prime location close to Powai Lake IIT Bombay and business hub with well maintain road and lots of green spaces secure gate community with 24 7 security affordable property price and utility cost basic amenities basic Amity is like market school and hospital distance vibran neighbourhood with cooperative residentread more
Things need improvement
Area faces traffic condition during its peak hours with lots of noise pollution proximity to eastern highway limited an inadequate parking space for resident and visitors managing committee not working properlyread more
sonia
Tenant | 12 months ago
Good things here
This is the best locality i have ever seen in mumbai the restaurant hospital and local market are easily accessible the autos cabs and the public transport are easily available in day and night no electricity issue or water shortage issue faced well lit lights are available at night and no history of crimes in neighbourhoodread more
Things need improvement
The main things i didn't like about this locality are the roads are not well maintained properly potholes are there on roads and clogging of water during monsoon season makes things patheticread more
Price Trends for Powai
(Apartments)9.45%
appreciation in avg. price (Built-up Area) for Powai in last 1 year
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Locality(Apartments)
Powai
9.45%
Last 1 Year
₹1.3 L/month
Avg. rent - 3+ BHK
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Locality Guidefor Powai, Mumbai
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Powai is an upscale residential neighbourhood located in central Mumbai. It is situated on the banks of Powai Lake. Powai started flourishing with the Indian Institute of Technology (IIT), Bombay, in the 1950s.The area is dominated by developers like Hiranandani, Wadhwa Group, Kanakia, Ekta World, and K Raheja. Powai has Sanjay Gandhi National Park to its north, Jogeshwari - Vikhroli Link Road (JVLR) to its west, and L.B.S. Road to its east. The presence of Powai Lake and greenery make it a desired residential destination. Besides IIT Bombay, Powai also houses educational institutions like Bombay Scottish School, Poddar International School, Hiranandani Foundation School, and Gopal Sharma Memorial School. Dr L H Hiranandani Hospital is a prominent hospital in the region. Galleria Shopping Mall and R City Mall are located within 15 mins of the locality. Powai itself has several office complexes such as Hiranandani Business Park, Hiranandani Kensington SEZ, and other standalone buildings that house companies including Schindler India Pvt Ltd and CRISIL Bayer TCS, Cognizant, Nomura, and Deloitte. All these features and amenities make Powai an attractive and reliable place to live in.
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What is good here
- Metro connectivity through Saki Naka Station, which is 3.4kms away is available
- Roads are smooth and carpeted
- There are plenty of street lights on the streets of Powai
- Gopal Sharma Memorial School is a co-ed school affiliated to SSC Board
- Dr. L H Hiranandani Hospital, founded in honour of Padma Bhushan Dr. Hiranandani, is one of the best hospitals in Mumbairead more
- Spencer's is a popular retail store which sells premium products at a reasonable priceread more
- Powai is always buzzing with nightlife
- There are abundant street lights on the road
- Police patrolling takes place at night
- Heritage Garden is a amusement park in Mumbai. It is filled with greenery
- Powai is mostly a hygienic place to live in
- Authorities plan to increase green belt along banks of Mithi Lake in Powai
- The potential rate for appreciation is 9%- 9.7% Y.o.Y
- Hiranandani Business Park in Powai is a commercial hub for many companies
- Eastern Express Highway is the most prominent highway found in Powai
What can be better
- Due to waterlogging during monsoons in several parts, the roads are badly affected
- Aarey Colony Road, used for travelling towards western suburbs and routes towards Saki Naka face traffic jams read more
- Illegal parking on various roads cause congestion
- There are some streets in the locality which are deserted at night
- Some streets lights are damaged and don’t light up properly
- Illegal hotels found, which are functioning without any proper licenses
- Lack of public parks in the locality
- Lack of green spaces in Powai
- Due to heavy traffic commotion is created which also creates noise pollution
- Presence of Hanuman Tekdi slum colony near IIT Bombay, affects housing rates negativelyread more
- Residents demand more highways in Mulund West
- Highways should be better maintained
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