Powai · Mumbai
Mahindra Alcove
Off Saki Vihar Road, Chandivali, Powai · by Mahindra Lifespaces
Registered project name
Mahindra Alcove Wing D And EUpdated Oct 2026
PowaiPhotos from the project record · tap to enlarge
At a glance
swipe →- Line 3 Aqua2.1 km
- Line 4 Green2.7 km
- Line 11 Green2.7 km
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). Mahindra Alcove is sold out by the developer — resale flats here are listed from ₹1.6 Cr and rentals from ₹60,000 a month. 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. MahaRERA proposed possession: Jun 2026.
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
Unit configurations filed with MahaRERA (2)
Property listings in Mahindra Alcove
Mahindra Alcove floor plans
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 795 recent resale listings on MPE, homes in Powai have a median asking rate of ₹41,500 per sq ft, and a 2 BHK typically rents for about ₹1.2 Lac 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, 23% 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 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 38 requirements for Powai with Mumbai Property Exchange, 18 of them to buy and 14 specifically for 2 & 3 BHK homes.
Developer's description ▾
Powai market
prices, rents & ratesPrice vs locality
Powai — resale, rent & yield
This project is quoted around ₹31,496/sqft — 24% 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 Mahindra Alcove is the Line 4 Green, 2.7 km away (under construction · due 2027).
Supply is not evenly spread — one year carries about a third of it.
- 🚇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
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
Location
Construction progress
per MahaRERASee all 11 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: 3 BHK · 884 sq ft at ₹2.84 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% (₹2.13 Cr here), released stage by stage, so your own money is about ₹71.0 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 ₹1.85 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
15+7 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 Mahindra Lifespaces
MahaRERA projects nearby in Powai
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?
Mahindra Alcove is sold out by the developer — resale flats here are listed from ₹1.6 Cr and rentals from ₹60,000 a month. These are current asking prices from live listings on MPE.
What configurations and carpet areas does Mahindra Alcove offer?
2 BHK – 778 sq ft carpet; 2 BHK – 781 sq ft carpet; 3 BHK – 884 sq ft carpet; 3 BHK – 984 sq ft carpet.
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 14 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 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 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.
