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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Resale and rental stock live in this buildingMahaRERA P51800028352

Powai · Mumbai

Mahindra Alcove

Off Saki Vihar Road, Chandivali, Powai · by Mahindra Lifespaces

Updated Sep 2026

155
Units
2026
Possession
2
Buildings
Certificate Signed
Status

A first look at Mahindra Alcove

Mahindra Alcove is a residential project on Off Saki Vihar Road, Chandivali, Powai, Mumbai 400072. It is registered with MahaRERA under P51800028352 (registered 2023-05-04). The project has 155 units across 2 buildings of up to 20 floors. It offers 2 & 3 BHK homes with carpet areas of 778–984 sq ft, priced ₹2.41 Cr–₹3.05 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹31,500 per sq ft. MahaRERA proposed possession: Jun 2026.

Resale and rental stock live in this building.

6 for sale · 6 for rent in this building right now, listed below.

Other wings & phases: Mahindra Alcove Wing A And C · Mahindra Alcove Wing B

Availability & Pricing

TypeCarpetPriceAvail
2 BHK778 ft²₹2.49 Cr—
2 BHK781 ft²₹2.41 Cr—
3 BHK884 ft²₹2.84 Cr—
3 BHK984 ft²₹3.05 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 Mahindra Alcove

For sale
For rent

Mahindra Alcove floor plans

2
Mahindra Alcove, Powai — floor plan 1Mahindra Alcove, Powai — floor plan 2

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

About Mahindra Alcove

Location

The address of Mahindra Alcove is Off Saki Vihar Road, Chandivali, 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

The MahaRERA registration number is P51800028352, issued on 4 May 2023. The registered promoter is Mahindra Lifespace Developers Limited. The filing lists 2 wings: Mahindra Alcove Wing D over 20 floors; Mahindra Alcove Wing E over 20 floors. Per the registration, the architect on record is Edifice and the project escrow account is with Axis Bank.

Homes and prices

The price list covers 2 BHK of 778–781 sq ft at ₹2.41 Cr–₹2.49 Cr; 3 BHK of 884–984 sq ft at ₹2.84 Cr–₹3.05 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹30,900–₹32,100 per sq ft of carpet, 12% above 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 64%, structure at 0%, finishing at 0%, services at 0%. Proposed possession is Jun 2026.

Developer track record

Mahindra Lifespaces has 15 projects tracked on Mumbai Property Exchange, 9 of them delivered (ready or sold out). Other projects by the same developer include Mahindra Meridian, Mahindra BeaconHill, Mahindra Rainforest.

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 11 specifically for 2 & 3 BHK homes.

Developer's description ▾
"Mahindra Alcove in Chandivali, nestled amidst city chaos, offers upscale 2 and 3 BHK homes on 2.01 acres of land. Developed by Mahindra Lifespaces, the complex boasts amenities like rock climbing wall, treehouse, and swimming pool. Expected completion by December 2024. Conveniently located near Powai and Saki Naka, with easy access to major roadways. Close to Balaji Hospital, Seven Hills Hospital, Bombay Scottish School, and IIT Bombay. Shopping options include R City Mall and Dmart. Mahindra Lifespaces, renowned for quality, promises a luxurious lifestyle. Experience urban living with nature's tranquility at Mahindra Alcove."

Price vs Locality

₹31,496
/sqft · Powai rate-band mid-point ₹55,000
43% below mid-point

Upcoming projects & infrastructure in Sion

take an informed decision

14 MahaRERA projects are due to hand over in Sion between 2026 and 2030; the nearest upcoming infrastructure to Mahindra Alcove is the Line 4 Green, 2.7 km away (under construction · due 2027).

14
MahaRERA projects handing over in the next 5 years
in Sion
New projects in Sion by possession year
1
2026
1
2027
2
2028
6
2029
4
2030
Metro & infrastructure near Mahindra Alcove
  • 🚇Line 3 AquaOpened 20252.1 km
  • 🚇Line 4 GreenUnder construction · due 20272.7 km
  • 🚇Line 11 GreenApproved2.7 km
  • 🚇Line 2B YellowOpened 20263.1 km
  • 🚄Mumbai-Ahmedabad Bullet TrainUnder construction · due 20293.1 km
In the full Sion 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 ₹31,496/sqft — 11% above resale here.

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

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
1 BHK453–459 ft²₹1.43 Cr–₹1.45 Cr
2 BHK725–729 ft²₹2.28 Cr–₹2.3 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)
Jun 2026
Project status
New
MahaRERA No.
P51800028352
Data last updated
Sep 2026
Registered
2023-05-04
Escrow Bank
AXIS BANK
Architect
Edifice
Total FSI
9,191

Buildings · 2 wings

Mahindra Alcove Wing D · 20 fl · — u
Mahindra Alcove Wing E · 20 fl · — u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation64%
Structure0%
Finishing0%
Services0%
See all 11 stages ▾
Excavation100%
Basement (if any)60%
Plinth60%
Podiums (if any)50%
Stilt Floor50%
External plumbing and external plaster, elevation, completion of terr…0%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…0%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…0%
Sanitary Fittings within the flats / premises0%
Slabs of Super Structure0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …0%

Amenities

15
Aggregate area of recreational Open SpaceClubhouseElectrical meter room, sub-station, r…Energy managemcntFire protection and fire safety requi…Internal Roads & FootpathsLandscaping & Tree PlantingSewerage (Chamber, Lines, Septic Tank…
+7 more ▾
Solid Waste Management And DisposalStorm Water DrainsStreet LightingSwimming PoolTreatment 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 Mahindra Lifespaces

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 Mahindra Alcove located?

Mahindra Alcove is on Off Saki Vihar Road, Chandivali, Powai, Mumbai 400072.

What is the price of Mahindra Alcove?

2 & 3 BHK homes are priced ₹2.41 Cr–₹3.05 Cr as on 09 Jul 2026, about ₹31,500 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Mahindra Alcove offer?

2 BHK – 778 sq ft carpet at ₹2.49 Cr; 2 BHK – 781 sq ft carpet at ₹2.41 Cr; 3 BHK – 884 sq ft carpet at ₹2.84 Cr; 3 BHK – 984 sq ft carpet at ₹3.05 Cr.

When is possession of Mahindra Alcove?

As per MahaRERA, proposed possession is Jun 2026.

Is Mahindra Alcove RERA-registered?

Yes — MahaRERA registration P51800028352, registered 2023-05-04.

How many units does Mahindra Alcove have?

MahaRERA records 155 units across 11 buildings, up to 20 floors.

Who is the developer of Mahindra Alcove?

Mahindra Lifespaces — 15 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Sion?

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

What metro and infrastructure is near Mahindra Alcove?

Line 3 Aqua — opened 2025, 2.1 km away; Line 4 Green — under construction · due 2027, 2.7 km away; Line 11 Green — approved, 2.7 km away; Line 2B Yellow — opened 2026, 3.1 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 2026-09-28). 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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