Powai is a established-tier Mumbai submarket with average asking rent around $38/sqft/yr.

  • Average asking rent: $38/sqft/yr.
  • Tier: established.
  • Citywide Class A rent context: ₹320/sqft/mo · ≈ $46.1 PSF/yr USD ($46 USD).
  • Citywide vacancy: 12.6% — submarket-level availability is typically tighter at established tier.

Powai, Mumbai office rents and availability

Powai is a established-tier Mumbai submarket with average asking rent around $38/sqft/yr.

TL;DR

  • Average asking rent: $38/sqft/yr.
  • Tier: established.
  • Citywide Class A rent context: ₹320/sqft/mo · ≈ $46.1 PSF/yr USD ($46 USD).
  • Citywide vacancy: 12.6% — submarket-level availability is typically tighter at established tier.

Where rent sits

Powai averages around $38/sqft/yr for Class A, against a citywide Class A index of 320. As an established / value submarket, rent runs at or below city average with deeper availability.

Availability dynamics

Eastern tech and education-anchored cluster. Technology, education, banking back-office, consulting.

Key facts

cityMumbai
submarketPowai
tierestablished
averageRentLocal$38/sqft/yr
cityClassARentUsd$46/sqft/yr
cityVacancyPct12.6%

Frequently asked questions

What is the average Class A rent in Powai, Mumbai?
Around $38/sqft/yr. The citywide Class A index sits at ₹320/sqft/mo · ≈ $46.1 PSF/yr USD.

Related

Editorial provenance

Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

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