Hiranandani Gardens Powai Mumbai

Hiranandani Gardens located in Powai, Mumbai. Powai is situated in north-east Mumbai. Hiranandani Gardens is one of the most sought-after residential townships in Powai. The Hiranandani Gardens Powai PIN code is 400076. It is close to business hubs like Hiranandani Business Park and Infinity IT Park. The locality is also immediate to popular areas like Kanjurmarg, Vikhroli, and Kurla, providing easy connectivity to the rest of Mumbai.

In 1986, the Hiranandani group signed an agreement with the Maharashtra government and MMRDA to develop 230 acres of barren land in Powai at a meager rate of Rs. 0.40 per acre. The contract stipulated that the group would build infrastructure and construct affordable housing of 430 sqft and 861 sqft for 50% each as part of the "Medium Income Group Homes" project. Construction began in 1989, and over 100,000 trees were also planted during the development of basic infrastructure like roads, water, electricity, etc. By the early 1990s, the apartments' first phase was ready and sold at Rs. 500 per square foot. In the late 1990s, the construction strategy changed from affordable to upmarket housing, and neoclassical architecture was adopted as the theme for new buildings.

Hiranandani Gardens Powai is home to primarily upper-middle and high-income individuals and families. It attracts professionals working in nearby IT parks and business hubs who prefer its serene environment away from city chaos. Residents enjoy high living standards with easy access to numerous amenities within the township. A cosmopolitan culture thrives with people from different backgrounds living together in harmony. 

Physical Infrastructure in Hiranandani Gardens

The property is well connected by significant transportation Hiranandani Gardens Powai infrastructure. It is located right off the Sion Panvel Expressway, providing quick access to Western Express and Eastern Express highways. It allows residents to reach critical locations across Mumbai quickly. The Powai area is also serviced by the Mumbai Metro line that connects it to central Mumbai and its suburbs. Jagruti Nagar is the nearest metro station from Hiranandani Gardens Powai. Residents can access BKC and other major business districts within 20-30 minutes using the metro. The Powai Lake provides a convenient mode of transport for some internal routes within the locality. The society also has wide internal roads for easy mobility.

Social and Retail Infrastructure in Hiranandani Gardens

The location has excellent social infrastructure with numerous nearby schools, colleges, and hospital options. Some top schools in the area include DPS International School, Bombay Scottish School, and Army Public School. Renowned colleges like Premier College, National Institute Of Management and Research Studies, and Mumbai Institute Of Distance Education are far apart for higher education. According to Hiranandani Gardens Powai Map, Aastha Hospital, Navnirman Maternity & Surgical Hospital, and Chiranjeevi Hospital ICU & Multispeciality are nearby. Daily needs can be met at the High Street Phoenix Mall, next to the society. Big Bazaar and Reliance Fresh provide groceries, while Westside, Pantaloons, and Shoppers Stop offer retail therapy. Critical utilities like banks, ATMs, convenience stores, fuel stations, police stations, and fire stations are close to the project.

Real Estate Market Trends and Rental Demand in Hiranandani Gardens

The housing market in Powai has remained robust over the years due to strong infrastructure development and the availability of quality social amenities in the area. Hiranandani Gardens Powai Property Rates for villas/apartments range from Rs. ₹19,444 - ₹56,162 per sqft, making it one of the most preferred upscale locations. Due to limited new launches, prices have steadily appreciated by 8-10% yearly. Rental yields are also attractive at 3-4%, with significant tenant demand for 2/3 BHK apartments from IT/ITES professionals and students of nearby colleges. Proximity to IT parks and educational institutes has fueled demand from home buyers and tenants. Landlords can expect monthly Hiranandani Gardens Powai Property Rates of Rs. 90,000-100,000 for 2-3 BHK units in this self-contained township with guaranteed rental upside.

Top Employment Hubs in or near Hiranandani Gardens

Located centrally between Mumbai and Pune, Powai has become a significant employment node hosting top IT parks and corporations. With such prominent industries located nearby, job prospects are plentiful for professionals in Powai. Employment hubs near Hiranandani Gardens Powai are-

• Mindspace: 15 Km 
• Hiranandani Business Park: 1 Km 
• Phoenix Market City: 7.8 Km 
• Andheri: 7.1 Km 
• BKC : 9.4 km

Famous Sub-Localities / Colonies / Areas in Hiranandani Gardens

Powai is home to many upscale residential enclaves and sub-localities. These localities have distinct characters while well-connected to Powai's business and social infrastructure pieces. Apart from Hiranandani Gardens, some other famous landmarks in Hiranandani Gardens Powai are:

• C Block 
• Jalvayu Vihar 
• Mhada Colony 19 
• Hariom Nagar 

Things to do in Hiranandani Gardens

Powai is located in the heart of Mumbai's social and commercial ecosystem and offers residents access to many entertainment and recreational activities. Some of the top things to do in Hiranandani Gardens Powai are- 

• Nature lovers can unwind at the famous Powai Lake, one of the area's top landmarks. Spread over 2.5 square kilometers, the lake provides a perfect ambient setting for a morning walk or jog. Apart from its natural charm, Powai Lake is a hub for various water sports activities.
• Other notable landmarks include the Sriharikota Gorakhnath Temple, known for its architecture and calm environment. 
• Clubs and attractions like the Powai Gymkhana Club, Cafe Noorani, and VR Punjab Sweets have become integral to the neighborhood's social fabric.
• The High Street Phoenix Mall is the place for retail therapy and movie outings. Residents can enjoy excellent dining options across global and local cuisines at restaurants dotting the commercial centers in Powai. 
• With easy access to the business districts and social infrastructure, Hiranandani Gardens offers its residents an excellent blended living experience.

Conclusion 

Hiranandani Gardens stands out as one of Powai's most sought-after residential locations due to its premium gated community setting, connectivity to social and commercial hubs, and potential for price appreciation and rental yields. It offers an unmatched lifestyle in the heart of Mumbai.

What’s Good of the Locality:

• Direct access to the Eastern Express Highway allows quick trips across Mumbai.
• Educational institutes like IIT Bombay and SPP offer world-class education.
• Hospitals such as Nanavati and Holy Spirit provide top-notch healthcare.
• Social infrastructure like malls and clubs provide ample avenues for entertainment.
• Proximity to IT hubs makes it a major employment center.

What’s not Good of the Locality:

• Traffic congestion during peak hours needs better management.
• Internal roads in some older buildings require repair and expansion.
• Additional green cover and more open spaces will enhance liveability.
• More culture/recreation facilities for families and children near housing.
• Public transportation from some peripheral areas needs strengthening.