Top 5 Affordable 1, 2 & 3 BHK Flats in Chandivali Powai Under Rs 3 Cr for 2026

Chandivali and the adjoining Powai belt in Mumbai’s eastern suburbs have historically traded at a premium driven by proximity to the SEEPZ tech zone, the Powai Lake corridor, and institutions like IIT Bombay and NITIE. In 2026, the Rs 3 Cr ceiling narrows the field sharply — most Powai addresses start above this mark for a 2 BHK, and Chandivali’s new-launch pipeline is thin outside a handful of branded projects.

Our team tracked market listings, registered transactions and RERA filings across the Chandivali-Powai-Kanjurmarg belt through 2025-26 to build this five-entry shortlist. Godrej Urban Park in Chandivali leads the list, with 1 BHK from Rs 1.38 Cr (431-451 sqft carpet area), 2 BHK from Rs 1.75 Cr (611-680 sqft) and 3 BHK from Rs 2.75 Cr (905-966 sqft) across a 2.71-acre, 9-tower development carrying approximately 800 units. The remaining four entries span Chandivali resale stock, Powai Lake vicinity resale, Nahar Group projects and nearby Kanjurmarg developments, together covering the realistic spectrum of under-Rs-3-Cr options available in this micro-market.

Godrej Properties Limited (NSE: GODREJPROP), the developer behind the lead project, belongs to the 127-year-old Godrej Group and has delivered over 300 projects spanning 250 million-plus sqft. The project’s estimated gross development value of approximately Rs 1,200 Crore places it among the larger mid-segment launches in eastern Mumbai for 2026.

We applied four filters to arrive at this shortlist. First, at least one configuration had to start below Rs 3 Cr to qualify under the headline budget. Second, the project or locality had to sit within a 20-minute drive radius of Chandivali, since buyers comparing flats in this belt share the same workplace and school catchments. Third, we required either a valid RERA registration or documented resale transactions to ensure the entry was not speculative. Fourth, we weighted developer track record, with branded builders scoring higher than single-project entities on delivery reliability.

Godrej Urban Park clears all four filters with a starting price of Rs 1.38 Cr, RERA number P51800028364, possession scheduled for December 2026, and the Godrej Properties pedigree. Chandivali resale stock clears on price and ready status but lacks a single RERA number. Powai Lake vicinity resale qualifies on location premium but pushes close to the Rs 3 Cr ceiling even for a 1 BHK. Nahar Group projects in Chandivali offer a mix of ready and under-construction inventory at competitive rates. Kanjurmarg developments enter the list as the most affordable option, trading location proximity for a 15-20% discount on rate per sqft.

The table below sets out the configuration, carpet area, starting price and approximate rate per sqft for each shortlisted entry. Godrej Urban Park is the only project offering all three configurations — 1, 2 and 3 BHK — under the Rs 3 Cr ceiling, which gives it the widest buyer appeal on this list.

Godrej Urban Park’s 1 BHK band at 431-451 sqft carpet area and Rs 1.38 Cr sets the lowest branded-developer entry point on this shortlist. The 3 BHK at 905-966 sqft and Rs 2.75 Cr remains under the Rs 3 Cr ceiling, though higher floors may push past it. Chandivali resale stock trades at Rs 1.20-2.50 Cr for 1-2 BHK but rarely offers 3 BHK units under Rs 3 Cr. Kanjurmarg is the only entry where a 2 BHK consistently stays below Rs 2.20 Cr, making it the budget fallback on this list.

Rate per sqft is the most reliable way to compare properties across different carpet areas and configurations. The table below shows how each shortlisted entry stacks up on this metric. Godrej Urban Park’s Rs 28,000-32,000 range sits 12-35% below Powai resale rates, a gap that reflects the under-construction discount buyers accept in exchange for a December 2026 wait.

The spread from Rs 18,000 per sqft (Kanjurmarg lower end) to Rs 38,000 per sqft (Powai upper end) represents a 2.1x range within a 20-minute drive radius. Godrej Urban Park’s Rs 28,000-32,000 band sits in the upper-middle of this range, above Nahar and Kanjurmarg but below premium Powai resale. For context, Godrej The Trees in Vikhroli East trades at approximately Rs 42,700 per sqft for ready stock, roughly 34-52% higher than Godrej Urban Park’s range — a premium explained by ready possession and established resale liquidity.

Chandivali’s location advantage is the Saki Naka Metro station on the Blue Line (Line 3), which connects to the airport, BKC and Aarey Colony. Powai addresses rely on the Eastern Express Highway and Vikhroli Central line station. Kanjurmarg benefits from both the Central line and the upcoming Metro Line 4. The table below maps each shortlisted entry against its key connectivity nodes.

Godrej Urban Park’s proximity to the Saki Naka Metro station gives it a connectivity edge over Powai resale and Kanjurmarg addresses for west-bound commuters heading toward Andheri East (~15 min), SEEPZ (~15 min) or BKC (~25 min). The project site is roughly 5 minutes from Powai and 20 minutes from the Chhatrapati Shivaji Maharaj International Airport. Key social infrastructure within the catchment includes Bombay Scottish School, IIT Bombay, NITIE and Hiranandani Hospital.

Our ranking weighs five factors: entry price, rate per sqft, developer track record, connectivity and possession timeline. Godrej Urban Park takes the top slot on the combination of branded developer, RERA registration, three-configuration spread under Rs 3 Cr and metro connectivity. The remaining four entries are ordered by the balance of price advantage against location quality and ready-possession benefit.

Rank 1 goes to Godrej Urban Park because it is the only project on this list offering all three configurations — 1, 2 and 3 BHK — under Rs 3 Cr from a developer with 300-plus projects delivered. The 2.71-acre campus carries roughly 800 units across 9 towers, a 15,000-sqft clubhouse, swimming pool, gymnasium, co-working spaces, amphitheatre and landscaped gardens. RERA P51800028364 provides a registered paper trail that resale entries cannot match unit by unit.

Rank 2 goes to Nahar Group for offering a comparable configuration spread at competitive rates of Rs 22,000-28,000 per sqft, though individual project RERA numbers and possession timelines vary. Rank 3 goes to Chandivali resale for ready possession at Rs 25,000-30,000 per sqft, a sensible pick for buyers unwilling to wait until December 2026. Rank 4 goes to Kanjurmarg as the budget fallback at Rs 18,000-25,000 per sqft. Rank 5 goes to Powai Lake vicinity resale — excellent address, but most 2 BHK units here push close to or past Rs 3 Cr at Rs 30,000-38,000 per sqft, limiting its relevance to the under-Rs-3-Cr buyer.

For buyers open to widening the search beyond Chandivali-Powai, Godrej Horizon in Wadala offers 2-3 BHK from Rs 3.37 Cr — above this shortlist’s Rs 3 Cr ceiling but worth a look for those with flexible budgets.

Start from your possession requirement. If you need to move in within six months, only Chandivali resale (Rank 3), portions of the Nahar portfolio (Rank 2 where ready stock exists) and Powai resale (Rank 5) qualify. If you can wait until December 2026, Godrej Urban Park (Rank 1) offers the strongest combination of branded build quality, amenity spread and RERA-backed timeline at the lowest rate per sqft among branded Chandivali options.

Budget allocation matters as much as headline price. A 1 BHK buyer at Rs 1.38 Cr with an 80% home loan needs roughly Rs 28 lakh as a down payment plus approximately Rs 10 lakh toward stamp duty (6%), registration (1%) and GST (5% on under-construction property) — a total upfront outgo of approximately Rs 38 lakh. A 3 BHK buyer at Rs 2.75 Cr faces an upfront requirement closer to Rs 88 lakh under the same assumptions. Verify these numbers against the actual agreement value and applicable government charges before committing.

For workplace proximity, Chandivali addresses (Ranks 1, 2, 3) suit Andheri East, SEEPZ and BKC commuters via the Saki Naka Metro and JVLR. Kanjurmarg (Rank 4) works better for Thane and Navi Mumbai commuters via the Eastern Express Highway. Powai (Rank 5) splits the difference, sitting between the two corridors.

In every case, verify the RERA registered status, exact carpet area against the quoted price, and the possession date on the agreement rather than the marketing brochure. For under-construction purchases, confirm that the home loan sanctioned amount aligns with the construction-linked disbursement schedule rather than a single lump-sum release.

Chandivali-Powai’s under-Rs-3-Cr market in 2026 is led by Godrej Urban Park, the only branded new-launch offering 1, 2 and 3 BHK configurations under the budget ceiling at Rs 28,000-32,000 per sqft, backed by RERA P51800028364 and a December 2026 possession target. Nahar Group projects provide the nearest direct alternative within Chandivali at Rs 22,000-28,000 per sqft. Chandivali and Powai resale stock offers ready possession but at rates 12-35% higher than Godrej Urban Park. Kanjurmarg remains the lowest-cost entry point at Rs 18,000-25,000 per sqft for buyers willing to trade address premium for affordability. Match your possession timeline, workplace commute and upfront budget against these five entries before shortlisting units. Full details on Godrej Urban Park are on the project page.