Powai · Mumbai
Lake Riviera
Powai · by Pashmina Developers
Registered project name
Lake Riviera Wing A And BUpdated Oct 2026
PowaiPhotos from the project record · tap to enlarge
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). Lake Riviera is sold out by the developer — resale flats here are listed from ₹3 Cr. 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. MahaRERA proposed possession: Dec 2025, revised to Jun 2023.
1 for sale in this building right now, listed below.
Other wings & phases: Lake Riviera Wing C
Unit configurations filed with MahaRERA (2)
Property listings in Lake Riviera
Lake Riviera floor plans
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 758 recent resale listings on MPE, homes in Powai have a median asking rate of ₹41,300 per sq ft, and a 2 BHK typically rents for about ₹1.15 Lac 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, 37% 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, Pashmina Lotus.
Buyer demand in Powai
In the last 90 days, buyers and tenants registered 37 requirements for Powai with Mumbai Property Exchange, 17 of them to buy and 5 specifically for 2 BHK homes.
Developer's description ▾
Powai market
prices, rents & ratesPrice vs locality
Powai — resale, rent & yield
This project is quoted around ₹26,000/sqft — 37% below resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Powai
Upcoming projects & infrastructure in Powai
take an informed decision36 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).
Supply is not evenly spread — one year carries about a third of it.
- 🚇Line 6 PinkUnder construction · due 20270.4 km
- 🚇Line 4 GreenUnder construction · due 20273.3 km
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Powai, then an advisor calls about your budget and configuration.
Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.
RERA record & possession
Buildings · 2 wings
171 unitsLocation
Construction progress
per MahaRERASee all 13 stages ▾
What you pay, and when
an exampleThis is just an example of the cash flows for buying a home, not a quote or a payment demand. Your agreement and the developer's schedule decide the actual amounts.
In an under-construction project, you don't pay everything on day one. Under the MahaRERA model agreement, the developer can only ask for money as each stage is finished: about 10% at booking, 30% at agreement, then more as the plinth, slabs, walls, fittings and lifts are done, and the last 5% at possession. The more a building is finished, the more you pay up front.
Example: 2 BHK · 700 sq ft at ₹1.82 Cr (the price recorded above).
- ○ Plinth complete45% paid by then
- ○ Slabs complete70% paid by then
- ○ Walls, plaster & flooring75% paid by then
- ○ Sanitary fittings80% paid by then
- ○ Staircases, lift wells & lobbies85% paid by then
- ○ Lifts, pumps, plumbing & elevation95% paid by then
- ○ Possession100%
With a home loan: banks usually fund up to 75% (₹1.36 Cr here), released stage by stage, so your own money is about ₹45.5 L plus stamp duty and GST. Until possession you pay interest only on what the bank has released; after that the full EMI is roughly ₹1.18 L/month (8.5%, 20 years).
Indicative only. Rates, GST (1% on affordable homes), loan eligibility and the stage schedule vary. Plan your cash flow with an advisor before you book.
💬 Talk through the numbers with an MPE advisorAmenities
14+6 more ▾
Talk to our MahaRERA advisor
Tell our MahaRERA advisor what you need and they'll guide you on this project.
💬 Ask about resale or rental optionsResale 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
Frequently Asked Questions
Where is Lake Riviera located?
Lake Riviera is in Powai, Mumbai 400072.
What is the price of Lake Riviera?
Lake Riviera is sold out by the developer — resale flats here are listed from ₹3 Cr. These are current asking prices from live listings on MPE.
What configurations and carpet areas does Lake Riviera offer?
2 BHK – 700 sq ft carpet.
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 5 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?
36 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.
