Over the years, however, Powai has witnessed considerable development and has been constantly in demand as one of the most prestigious addresses in Mumbai. Growth determinants of Powai’s realty include the environment, improved infrastructure, the fact that it is situated at a height also adds to its appeal. An important factor is connectivity, JVLR enables Powai to easily connect to both the Eastern as well as the Western Express Highway. The proximity to both the domestic and the International airports has enhanced the value of Powai as a new business hub. Powai is also home to many commercial projects with more than 150 offices and multinationals moving in. It is considered to be one of the fastest developing suburbs with some iconic constructions, food joints, shopping malls, gardens etc. that have changed the skyline of Powai.
The growth determinants of Powai’s realty market
According to realty experts, the growth determinant of Powai’s realty market includes prominent connectivity to Western and Eastern suburbs. Powai also has a good mix of social infrastructure such as school and hospitals, water body (Powai Lake) and landscaped gardens. In nutshell, the growth determinants of Powai’s realty market are:
- Upcoming Township Developments- Branded ace developers like L&T Realty, Jaycee Homes, Sound Social Infrastructure: Powai lake, Renaissance hotel, Chinmaya Mission Temple, leading fast food joints like Dominos, KFC, Mc Donald’s, Metro rails, multiple malls with multiplex etc adds value to the social infrastructure.
- Verdant surroundings: Clean, spacious and scenic spots for buying a home.
- Convenience: It has a major advantage because of its proximity to the domestic and international airports, suburban railways and metro stations, eastern and western highways.
- Business: Powai has a location advantage when it comes to commercial hubs of Bandra Kurla Complex, MIDC and Seepz.
- Education: Powai, today boasts of a good education infrastructure. It has quite a few renowned schools and institutes like Bombay Scottish, Podar International, MISB to name a few. The prestigious Indian Institute of Technology is within a 5 KM radius.
- Seven hills Hospital a super specialty Medical facility is located close by.
A Smartly designed Green home can make your living tranquil and relaxing
Green homes can be defined as living premises that are comfortable, healthy, cost efficient, energy saving and environmentally sustainable. They are designed to make optimal and efficient use of building materials during the construction process, and energy and water throughout their life cycle.Green homes use valuable resources such as water and electricity a lot more efficiently. They also have a lower negative impact on the environment. Probably the most attractive feature is that they are hygienic and more comfortable to live in.
Finally, the owners of green homes are directly contributing towards the cause of ecological preservation and the future-readiness of their cities.
Experts believe that the most important aspect of an environment friendly home is that it must have adequate space and ventilation. The basic need for a healthy living is to have airy homes and homes that get ample sunlight every time.
L&T Realty’s “EMERALD ISLE” project at Powai
L&T Realty,the leading real estate developer in the country has recently unfolded a green home project in Powai. It has been named as “EMERALD ISLE”. This newly launched project is built as a gated community complex on 16 Acre area and designed, aesthetically for the comfort and convenience of its residents. Some of the key features of EMERALD ISLE are:
- Stunningly designed:
- The splendid towers of EMERALD ISLE stand on the elevated podium reflecting the architectural brilliance. These towers consist of 2, 2.5, 3 & 4 BHK homes with brilliant design and finishes.
- Conveniently connected:
It is strategically located at a place which is close to business and entertainment destinations. The distance of Airport is only 6 Km, Metro station is 2 Km, Eastern & Western highway is 6 Km and it is adjacent to the L&T Business Park.
- Premium comfort:
EMERALD ISLE consists of 100% power backup for common areas, multilevel parking, jogging track, high speed elevators, well spaced buildings to ensure ample natural light and ventilation.
- Smart home elements:
The smart home elements of EMERALD ISLE such as CCTV cameras in common areas and lobby, Smoke/gas detector in the kitchens*, motion sensors for automated lighting in passages and bathrooms*, video door phone and FTTH (fibre to the home) etc. are some of the features that make it an ultra modern housing project.
- Ample space:
Ample space is provided for the pathways, jogging, common areas etc.
- Green home for healthy living:
The complete project supports the green living as it uses energy efficient water pumps, rainwater harvesting, nature friendly design and STP treated water for landscaping and structure.
- Excellent physical and social infrastructure:
The existing physical and social infrastructure is outstanding. With excellent roads and nearby metro connectivity the physical infrastructure is the best one can imagine.
Powai as it stands today is due to the creation of developers like L&T Realty who have crafted their developments such as “EMERALD ISLE” keeping intact the natural surroundings and adding more greenery in their projects.
EMERALD ISLE perfectly fits with all the criteria suggested by the experts. As experts strongly suggest that when buying a home, the physical &the social infrastructure of the city or area must be considered. The project should have easy access to malls, parks, schools, colleges, theatres and other entertainment zones. The design, smart features, comfort, developer’s credential and past records are other key factors that must be considered when buying a home.
The L&T Realty’s EMERALD ISLE provides the best infrastructure support and amenities to its home buyers. L&T Realty is one of the leading real estate brands of the country. It has a proven track record and completed projects like Elante-Chandigarh, Eden Park Phase 1 – Chennai, Serene County - Hyderabad. With the strong support of Larsen & Toubro and the trust developed by the successful execution of the past projects, undoubtedly this is an opportunity which a property buyer would never like to miss! Its right time to explore and buy your dream home at “EMERALD ISLE” and become the part of L&T Realty.
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