What rent does a 3 BHK achieve?

₹ 1.35 to ₹ 1.85 lakh per month, usually on a two- or three-year corporate lease rather than an eleven-month agreement.

Is the township complete?

Yes. Hiranandani Gardens has been delivered over three decades — school, hospital, retail high street and sports club are all operational.

Is a 2.4% yield worth it?

Only if you value tenant quality and short vacancy over headline yield. For pure cash flow, Bengaluru at 3.8–4.5% is the better instrument.

Ready PossessionResidentialExclusive listing

Hiranandani Powai Crest

3 & 4 BHK lakeside residences in Hiranandani Gardens

Powai, Thane By Hiranandani GroupRERA P51800012204

Price

₹ 4.8 Cr – ₹ 8.2 Cr

₹ 31,500 per sq.ft.

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Project at a glance

Configuration: 3, 4 BHK
Carpet area: 1,450 – 2,480 sq.ft.
Possession: December 2024
Property type: Residential
Price per sq.ft.: ₹ 31,500
Total units: 180
Towers: 2
Floors: G + 28
Land area: 4.5 acres
Launched: June 2019

Why this project

Inside the delivered Hiranandani Gardens township
Powai lake frontage
Expat and C-suite tenant pool
Longest lease tenures in Mumbai

Our analysis

Where tenant quality beats headline yield

Powai returns a modest 2.4% gross. What it offers instead is the most reliable tenant in Mumbai: expatriate and senior corporate, on multi-year corporate leases rather than eleven-month agreements.

What the numbers say

A 3 BHK here leases at ₹ 1.35 to ₹ 1.85 lakh per month, typically on two- or three-year corporate leases.
Average vacancy is 14 days — the township's schools and hospitals keep families in place.
Hiranandani Gardens is fully delivered: the school, hospital, retail high street and sports club all operate today.

The catch to price in

At ₹ 31,500 per sq.ft. this is among the most expensive addresses in the eastern suburbs. Percentage appreciation from here will be modest; you are buying income stability and capital preservation.

Floor plans & pricing

Configuration	Carpet area	Built-up	Price
3 BHK Crest	1,450 sq.ft.	1,990 sq.ft.	₹ 4.80 Cr
4 BHK Crest	1,980 sq.ft.	2,710 sq.ft.	₹ 6.60 Cr
4 BHK Lakeview	2,480 sq.ft.	3,400 sq.ft.	₹ 8.20 Cr

Areas are as declared by the developer. Prices exclude stamp duty, registration, GST and other statutory charges — ask us for a line-item cost working.

Amenities

Swimming Pool
Clubhouse
Gymnasium
Landscaped Gardens
Kids' Play Area
Indoor Games
Yoga Deck
24x7 Security
Power Backup
Covered Parking
Sky Lounge
Senior Citizen Deck
Pet Park
Concierge Desk

Location

3 & 4 BHK lakeside residences in Hiranandani Gardens

Powai is the only part of Mumbai that functions as a planned township. The tenant pool is expatriate and senior corporate, which supports both the highest rents in the eastern suburbs and unusually long lease tenures. Read the Powai guide →

Frequently asked questions

₹ 1.35 to ₹ 1.85 lakh per month, usually on a two- or three-year corporate lease rather than an eleven-month agreement.

Verification & disclosure

This project is registered with MahaRERA under P51800012204. Verify independently at maharera.maharashtra.gov.in before booking. RealTTech Property Consultants acts as a channel partner and advisory consultant, not as the promoter. Prices, areas and possession dates are indicative and supplied by the developer.