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Resale and rental stock live in this buildingMahaRERA P51800009353

Powai · Mumbai

Lake Riviera

Powai · by Pashmina Developers

Updated Sep 2026

171
Units
2025
Possession
2
Buildings
Certificate Signed
Status

A first look at Lake Riviera

Lake Riviera is a residential project by Pashmina Developers in Powai, Mumbai 400072. It is registered with MahaRERA under P51800009353 (registered 2021-09-09). The project has 171 units across 2 buildings of up to 22 floors. It offers 2 BHK homes with carpet areas of 700 sq ft, priced ₹1.82 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹26,000 per sq ft. MahaRERA proposed possession: Dec 2025, revised to Jun 2023.

Resale and rental stock live in this building.

1 for sale in this building right now, listed below.

Other wings & phases: Lake Riviera Wing C

Availability & Pricing

TypeCarpetPriceAvail
2 BHK700 ft²₹1.82 Cr—

Prices as on 09 Jul 2026. Approximate pricing as on that date. Prices are indicative, subject to change and to reconfirmation with the developer.

💬 Request latest price on WhatsApp

Property listings in Lake Riviera

For sale

Lake Riviera floor plans

2
Lake Riviera, Powai — floor plan 1Lake Riviera, Powai — floor plan 2

Floor plans are indicative, as shared by the developer, and subject to change.

About Lake Riviera

Location

The project is in Powai, Mumbai 400072, in the Mumbai Suburban district. Across 112 recent resale listings on MPE, homes in Powai have a median asking rate of ₹28,500 per sq ft, and a 2 BHK typically rents for about ₹90,000 a month.

MahaRERA record

Lake Riviera is registered with MahaRERA under P51800009353, dated 9 September 2021. The registered promoter is Pashmina Realty Private Limited. The filing lists 2 wings: WING A with 78 units over 22 floors; WING B with 93 units over 22 floors. According to MahaRERA, the architect on record is Aakar Architect and Consultants and the project escrow account is with IDBI Bank.

Homes and prices

The price list covers 2 BHK of 700 sq ft at ₹1.82 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹26,000 per sq ft of carpet, 9% below the locality's resale median. Prices are indicative and should be reconfirmed with the developer before booking.

Construction and possession

The latest MahaRERA progress report shows foundation at 78%, structure at 60%, finishing at 97%, services at 94%. Proposed possession is Dec 2025, revised to Jun 2023.

Developer track record

Pashmina Developers has 4 projects tracked on Mumbai Property Exchange, 4 of them delivered (ready or sold out). Other projects by the same developer include Pashmina Casa.

Buyer demand in Powai

In the last 90 days, buyers and tenants registered 30 requirements for Powai with Mumbai Property Exchange, 14 of them to buy and 4 specifically for 2 BHK homes.

Developer's description ▾
Lake Riviera is a Residential Project Developed by Pashmina Developers. It is located at Powai. The location of Powai is advantageous, as it enjoys excellent connectivity to other parts of Mumbai. It is well-connected to major roads and highways, including the Jogeshwari-Vikhroli Link Road (JVLR) and the Eastern Express Highway. The Sakinaka Metro Station on Line 1 of the Mumbai Metro further enhances the connectivity of the area. Powai is home to various multinational companies, corporate offices, and business parks, making it a prominent commercial hub. Many startups and IT companies have also established their presence in Powai, contributing to its reputation as a tech and business hub. It is a 16 storey tower with 2 BHK Residences. Only 4 -5 apartments per floor. Basement car parking. Jodi options for 2+2 BHK. Unobstructed views and sunlight. Well ventilated apartments.

Price vs Locality

₹26,000
/sqft · Powai rate-band mid-point ₹55,000
53% below mid-point

Upcoming projects & infrastructure in Powai

take an informed decision

23 MahaRERA projects are due to hand over in Powai between 2026 and 2030; the nearest upcoming infrastructure to Lake Riviera is the Line 6 Pink, 0.4 km away (under construction · due 2027).

23
MahaRERA projects handing over in the next 5 years
in Powai
₹42,800/sqft▲
typical asking price
rising this quarter
₹19,900/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Powai by possession year
2
2026
0
2027
5
2028
11
2029
5
2030

Supply is not evenly spread — one year carries almost half of it.

Metro & infrastructure near Lake Riviera
  • 🚇Line 6 PinkUnder construction · due 20270.4 km
  • 🚇Line 4 GreenUnder construction · due 20273.3 km
📜 9,153 registered transactions (IGR) on record in Powai, and we pull the latest registrations on request. Know what flats here actually transacted at before you negotiate — take an informed decision.
Ask for registered transactions ›
In the full Powai report

🔒 Units handing over each year · price by BHK · years to absorb supply · competing projects · infra impact on prices

Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.

Powai — resale, rent & yield

Resale
₹28,500/sqft
median · 112 listings
Rent
₹111.6/sqft/mo
2 BHK ~₹90,000/mo
Gross yield
4.7%/yr
rent vs resale value

This project is quoted around ₹26,000/sqft — 9% below resale here.

From MPE live listings, last 18 months · Mumbai price index ›

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
2 BHK696–805 ft²₹1.81 Cr–₹2.09 Cr
3 BHK1,021–1,022 ft²₹2.65 Cr–₹2.66 Cr
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

RERA record & possession

Possession (proposed)
Dec 2025
Possession (revised)
Jun 2023
MahaRERA No.
P51800009353
Data last updated
Sep 2026
Registered
2021-09-09
Escrow Bank
IDBI BANK
Architect
Aakar Architect and Consultants
Total FSI
16,990

Buildings · 2 wings

171 units
WING A · 22 fl · 78 u
WING B · 22 fl · 93 u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation78%
Structure60%
Finishing97%
Services94%
See all 13 stages ▾
Basement (if any)100%
Excavation100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…100%
Plinth100%
Sanitary Fittings within the flats / premises100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …100%
External plumbing and external plaster, elevation, completion of terr…98%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…98%
External plumbing and external plaster, elevation, completion of terr…90%
Stilt Floor90%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…85%
Slabs of Super Structure60%
Podiums (if any)0%

Amenities

14
Aggregate area of recreational Open SpaceElectrical meter room, sub-station, r…Energy managemcntFire protection and fire safety requi…Internal Roads & FootpathsLandscaping & Tree PlantingOpen ParkingSewerage (Chamber, Lines, Septic Tank…
+6 more ▾
Solid Waste Management And DisposalStorm Water DrainsStreet LightingTreatment And Disposal Of Sewage And …Water SupplyWater conservation /Rain water harvesting

Talk to our MahaRERA advisor

🏠 Discuss what you're looking for📍 Locality & project guidance🤝 Speak to a specialist

Tell our MahaRERA advisor what you need and they'll guide you on this project.

💬 Ask about resale or rental options

Powai market context

Property Rates in Powai

Residential · Sale
₹40,000–70,000/sqft
Commercial · Sale
₹40,000–60,000/sqft
2 BHK · Rent
₹70,000–155,000/mo

Resale Flats for Sale in Powai

4

Flats for Rent in Powai

4

Commercial for Sale in Powai

3

Commercial for Lease in Powai

2

More by Pashmina Developers

MahaRERA projects nearby in Powai

Next steps — clarity before you step out

Buying a home is not a quick decision. In association with developers, Mumbai Property Exchange sets up the video briefings, the site visits and the paperwork questions — so your homework is done before you commit an afternoon.

Frequently Asked Questions

Where is Lake Riviera located?

Lake Riviera is in Powai, Mumbai 400072.

What is the price of Lake Riviera?

2 BHK homes are priced ₹1.82 Cr as on 09 Jul 2026, about ₹26,000 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Lake Riviera offer?

2 BHK – 700 sq ft carpet at ₹1.82 Cr.

When is possession of Lake Riviera?

As per MahaRERA, proposed possession is Dec 2025, revised to Jun 2023.

Is Lake Riviera RERA-registered?

Yes — MahaRERA registration P51800009353, registered 2021-09-09.

How many units does Lake Riviera have?

MahaRERA records 171 units across 4 buildings, up to 22 floors.

Who is the developer of Lake Riviera?

Pashmina Developers — 4 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Powai?

23 MahaRERA-registered projects in Powai are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.

What metro and infrastructure is near Lake Riviera?

Line 6 Pink — under construction · due 2027, 0.4 km away; Line 4 Green — under construction · due 2027, 3.3 km away. Timelines are as announced and can change.

How do I book or get more details?

Tap WhatsApp or Call below to speak with a Mumbai Property Exchange advisor — serving Mumbai since 1995 · RERA-registered since 2017.

Disclaimer. Information on this page is compiled from MahaRERA registrations, public infrastructure announcements, developer materials and Mumbai Property Exchange listings. Prices, availability, possession dates and infrastructure timelines are indicative, subject to change, and updated periodically (last updated 2026-09-20). This is not an offer or an advertisement by the developer; please verify all details with the developer and on MahaRERA before deciding. Mumbai Property Exchange, MahaRERA agent A51800043517.
Are you the developer and see something wrong? Report a correction on WhatsApp — we verify and update.
SOURCE · MAHARERA + MUMBAI PROPERTY EXCHANGE
INDEPENDENT DATA · RERA A51800043517 · EST. 1995
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