The startup revolution in India is just mushrooming at a greater speed. Though metro cities serve as a best ecosystem for startup hubs, even non-metro cities such as Powai and Kormangala have also become a best ecosystem for new, upcoming hubs. As many cities across the country have started the race in becoming a powerful industrial and financial base, it is too early for us to decide on one city that could beat the other cities in the race. With these financial and industrial development, the real estate market in those areas are definitely going to be profited to a greater extent. The prices of Mumbai properties, properties in Bengaluru, Chennai and Kolkata are on the verge of rising.
The prime reason for Powai to turn into a thriving startup hub is its close proximity to the IIT Bombay. The fresh and talented graduates from IIT Bombay are keen on developing new business and online sites. With these development of new companies, Mumbai is turning out to the future face of India's economic growth, which in other way has enhanced its growth in real estate sector. The properties in Mumbai have rising prices that go high each and every year.
Powai, the developing business hub has so many people with innovative ideas, technical knowledge, and knowledge about business in local and nationwide. Located in close vicinity to IIT Bombay, it is a house of talented and enthusiastic graduates who wish to grow up in their own, new business. For instance the Housing.com, an online property search site was first started in a dormitory in Mumbai by 12 IIT Bombay students in 2012, now it gives its service to about 40 cities in India. These kind of startup companies have attracted many Venture Capital firms such as Sequoia Capital to Powai. The costs and groundwork of starting and conducting business in Powai seems to be in a reachable distance for all energetic graduates. With such startups, the flats in Powai have now drawn interest from many potential buyers.
Various other startups in Powai region include Instamojo, TinyOwl, Toppr, OpenTable, Belita, Purple Squirrel, InOpen Technologies, Enelek, and MoFirst. Every year Mumbai had earlier seen only 5 investment proposal but it has increased to about 50 mainly due the IIT Bombay students. There are several ventures from IITB alumni such as Olacabs, Housing.com, and more. The affordable rentals available in Powai have made many IITB graduates and entrepreneurs to stay there and start up their ventures. These factors have helped Powai to become a successful commercial city.
Powai has not just stopped from becoming one of the birthplace of several renowned companies, it has also emerged as a best residential location for many. The huge number of properties in Powai and upcoming flats in Powai are visible examples for its residential development.
These startups have not just made Powai proud and popular, but also the Mumbai city. There are several Angel Investment firms and mentors in Mumbai for those enthusiastic startup founders and entrepreneurs in and around Mumbai.
The prime reason for Powai to turn into a thriving startup hub is its close proximity to the IIT Bombay. The fresh and talented graduates from IIT Bombay are keen on developing new business and online sites. With these development of new companies, Mumbai is turning out to the future face of India's economic growth, which in other way has enhanced its growth in real estate sector. The properties in Mumbai have rising prices that go high each and every year.
Powai, the developing business hub has so many people with innovative ideas, technical knowledge, and knowledge about business in local and nationwide. Located in close vicinity to IIT Bombay, it is a house of talented and enthusiastic graduates who wish to grow up in their own, new business. For instance the Housing.com, an online property search site was first started in a dormitory in Mumbai by 12 IIT Bombay students in 2012, now it gives its service to about 40 cities in India. These kind of startup companies have attracted many Venture Capital firms such as Sequoia Capital to Powai. The costs and groundwork of starting and conducting business in Powai seems to be in a reachable distance for all energetic graduates. With such startups, the flats in Powai have now drawn interest from many potential buyers.
Various other startups in Powai region include Instamojo, TinyOwl, Toppr, OpenTable, Belita, Purple Squirrel, InOpen Technologies, Enelek, and MoFirst. Every year Mumbai had earlier seen only 5 investment proposal but it has increased to about 50 mainly due the IIT Bombay students. There are several ventures from IITB alumni such as Olacabs, Housing.com, and more. The affordable rentals available in Powai have made many IITB graduates and entrepreneurs to stay there and start up their ventures. These factors have helped Powai to become a successful commercial city.
Powai has not just stopped from becoming one of the birthplace of several renowned companies, it has also emerged as a best residential location for many. The huge number of properties in Powai and upcoming flats in Powai are visible examples for its residential development.
These startups have not just made Powai proud and popular, but also the Mumbai city. There are several Angel Investment firms and mentors in Mumbai for those enthusiastic startup founders and entrepreneurs in and around Mumbai.
Just beautiful Buy Property in Business Bay The room looks so calm and cool too. Please tell the story of the shell! It is a great story.
ReplyDeleteYes i agree on it many of new companies are choosing the powai location for there business, i think its fast development is making it hot destination for the commercial purpose.
ReplyDeleteProperty in Powai
I hope realty sectore once again rises up and set new companies open on business portals like IndiaBizClub
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