We have discussed the emergence of Powai as a highly preferred residential destination several times earlier. For those who don’t have the historical perspective, Powai was a sleepy suburb of Mumbai till about 15 years back. Known for the Indian Institute of Technology-Bombay, picturesque Powai Lake and surrounding hills, Powai was never on radar of Mumbai property investors as it wasn’t connected by direct rail service. However over time several things worked in favour of Powai – a clutch of developers built high quality townships including several work places and retail spaces, IIT Bombay saw an upsurge in entrepreneurial ventures and the Jogeshwari Vikhroli Link Road (JVLR) connected Powai to Eastern Express and Western Express Highways. Today Powai is a revered residential destination and no one talks of lack of railway connectivity to it. In fact Rajesh LifeSpaces saw this trend and planned Raj Grandeur targeted at those who were seeking premium homes at Powai.
I was pulled to the Raj Grandeur Powai after I saw a front page advertisement in shades of black and white. During my drive along the Eastern Express Highway the other day I again came across an advertisement, splashed across a bill board in the same shades. The attempt to grab eye balls of readers was unique and it worked. Hence, I drove down to Powai through the LBS Road and then went up the Hiranandani Link Road which starts right opposite the gates to Godrej complex at Vikhroli. I kept going straight towards the LH Hiranandani Hospital and took the Hiranandani Hospital Road leading up to Gurudwara Punjabi Sabha (Powai). Just between the Hospital and the Gurudwara enjoying a good road frontage was the Raj Grandeur site. Sitting on a natural gradient Raj Grandeur offers panoramic views of Powai Lake, Hiranandani Gardens and nearby hills.
Raj Grandeur is coming up on 6.5 acres of land and will have 3 wings A, B and C. The first two wings A and B were part of the Phase 1 launch and have reached finishing stages. In fact it is likely that they will be ready in next three months. 30 residential floors are coming up over 3 basements, ground and 2 levels of podium for parking and amenities. As I mentioned earlier the project land is already perched up on a hill hence the 30 floors then ensure that residents are able to get largely unhindered views from their homes. The 164 apartments in Phase 1 of Raj Grandeur are all 3 and 4 BHK in configuration. The sizes of these are as follows (saleable basis) –
- 3 BHK Small – 2070 sq ft
- 3 BHK Large – 2430 sq ft
- 4 BHK – 3060 sq ft
Each floor will have 3 apartments which will be served by 3 lifts. For type 1 and type 3 there are balconies on two sides of the apartment. The type 2 apartments are very unique in design and layout. Firstly these are apartments in the shape of an arrow head thereby the flat is evenly distributed on two sides of the center i.e. entrance. Secondly there is a diamond shaped deck attached to the living area and thirdly the balconies are on three sides. There are running balconies along the room. Amongst the amenities are – yoga and meditation area, wi-fi lounge, steam, sauna and Jacuzzi facilities. Raj Grandeur will come with a fully fitted gymnasium, indoor cricket facilities, squash and badminton courts. There is skating rink also being created for young ones to practice the sport. There will be separate barbeque area and a coffee lounge for residents to unwind within the complex itself.
Powai is a well established social microcosm which has now gained prominence as an entrepreneurship hub. Moreover several KPOs and finance firms run their offices from here. Hotels such as Rennaisance, Ramada, Meluha the Fern and Rodas operate here. Galleria shopping arcade, D Mart and several other retail outlets ensure one doesn’t have to step out of Powai for daily needs. Raj Grandeur as discussed above is walking distance from LH Hiranandani hospital thus one gets access to health services very easily from here.
All in all Rajesh LifeSpaces has taken care to plan the property keeping in mind buyers who are looking for luxurious lifestyle at Powai (Raj Torres at Thane). We were told that few cricket players who have been part of IPL Franchise are amongst the buyers at Raj Grandeur. These apartments start at Rs. 5.55 cr for a 3 BHK small. Rajesh LifeSpaces isn’t new to Powai market, it has already delivered Raj Splendour at Vikhroli and is developing Radisson Blu Plaza hotel on the JVLR near Powai. Grand sizes, grand fittings, grand amenities coupled with good location might just suit those looking for a high quality address in Mumbai suburbs.