Powai is a suburban neighbourhood situated on the bank of Powai Lake. It lies to the north-east of Mumbai. Surrounded by L.B.S. Marg (old Mumbai-Agra Road) to the north-east, Sanjay Gandhi National Park to the north, hills of Vikhroli Parksite to the south-east, and Chandivali to the south-west, Powai hosts offices of several corporate giants such as Deloitte, CRISIL, and Bayer, amongst others. Originally a central village, Powai has witnessed prolific and exponential growth in the recent years and has now turned out to be one of Mumbais most up-market commercial and residential hubs. It is replete with a number of luxury hotels, mega stores, and the offices of several commercial institutions. The famous landmark of this locality is the 120-year-old Powai Lake. ConnectivityPowai is equipped with excellent road connectivity and bus services. The Jogeshwari-Vikhroli Link Road which connects the western and eastern suburbs of the city also pass through this area. At a driving distance of about 5 kilometres lies the Mumbai International Airport. The city centre in south Mumbai is 25 kilometres away. The nearest railway station on the central main line of Mumbai Suburban Railway is the Kanjurmarg Railway Station. Vikhroli railway station is also nearby, around 3.5 kilometres from here. Powai is well-connected with the other major localities such as Chembur, Mulund, Ghatkopar, and Kurla, amongst others, via the Eastern Expressway and LB Road. Real estate Smooth connectivity is one of the major reasons for the increase in demand for property in this area. The JVLR, Eastern Expressway and Western Expressway being in close proximity to this area is a huge advantage in promoting the real estate market here. Social infrastructureOne of Indias foremost technology and research institutions, the Indian Institute of Technology, Mumbai, is located to the east of the Powai Lake. NITIE, a highly renowned business school is also situated nearby. Besides such prestigious educational institutions of National as well as global importance, there are also numerous schools here, such as the Kendriya Vidyalaya IIT Powai, the Hiranandani Foundation School, S.M. Shetty High School and Junior College, Gopal Sharma Memorial School, Powai English School, Bombay Scottish School, and others. The finest hospitals in the vicinity include Dr. L H Hiranandani Hospital, Powai Polyclinic and Hospital, Nihal Nursing Home, Care & Cure Maternity and Nursing Home, Ageless Medica, Wellness Forever, Ramani Health Care Centre, and others. Reputed banks such as Axis Bank, IDBI Bank, Saraswat Bank, Vijaya Bank, Andhra Bank, Kotak Mahindra Bank Ltd., Yes Bank, South Indian Bank, Union Bank of India, etc. have their branches here. Powai also houses a large number of bus stops, ATMs, petro pumps, and other basic social amenities.

Source: https://en.wikipedia.org/