[14] Some of the start-ups in Powai Valley include JustRide, Housing, TinyOwl, Toppr, HolaChef, Bewakoof, Logic Roots, Care24, Flyrobe, Nearfox, Belita, CredR, Mirchi and Mime and Crispy Games.

[18] The Hiranandani Gardens are also known for their neoclassical architectural style and the area has some of the tallest residential buildings in Suburban Mumbai.

[23][24] Powai is situated on the banks of its namesake lake and boasts of a recently revamped, landscaped garden with viewing decks, a children's play area and synchronized fountains.

[26] As a result of prolific construction activity in the last two decades, the area has one of the highest residential population densitiesnote 1 in suburban Mumbai.

The development in the region has, however had an adverse impact on the environment, with the area facing the ill-effects of excessive concretization, resulting in a shrinking number of open spaces,[23] green cover and rising pollution levels.

And However, rapid and uncontrolled growth of the region in recent years has had an adverse effect on the flora and fauna found in and around the lake.

The name "Powai" originates from Padmavati, a Hindu deity to whom a temple was dedicated in the village existing on the contemporary space of the neighbourhood.

[30] In 1943, four years before India's independence, the freedom fighter Chandrabhan Sharma & Ram Nath Grover arrived in Mumbai and happened to lease and subsequently buy Powai Estate from Sir Yusuf, the then owner, for a paltry sum.

The Prime Minister, Jawaharlal Nehru, personally visited the area and during a meeting, Chandrabhan Sharma was motivated by him to give the land free of cost for this purpose.