Hey Ganvendra!!! As per your demand here I am providing you name list with address of the Budget Hotels near IIT Mumbai

Hotel Cafe Vihar, Powai
+91 22 33487613
Saki Vihar Road, Vihar Lake, P.O. Nitie, Powai, Mumbai - 400087

Rodas An Ecotel Hotel, Powai
+91 22 49462810
Hiranandani Hospital, Hiranandani Gardens, Powai, Mumbai - 400076

Hotel Picnickers Paradise, Powai
+91 22 49470899
Saki Vihar Road, Vihar Sarovar Lake, Powai, Mumbai - 400087

Ramada Powai Hotel, Powai
No. 16/17, Paspoli, Saki Vihar Road, Vihar Lake Marg Road, Powai, Mumbai - 400087

Hotel Metro Residency, Powai
+91 22 49462760
Rambaug, Powai, Mumbai - 400076

Laxmi Villa, Goregaon East
+91 22 49431710
No. 1, Cupid Bunglow, Suchidham, Goregaon East, Mumbai - 400063

Jayaleela Dormitory Service, Goregaon East
+91 22 49470145
Ground Floor, Nilgiri Building, Goregaon East, Mumbai - 400063

Relax Inn Residency, Sakinaka
+91 22 49466999
No. 189, Powai Road, Sakinaka, Mumbai - 400072

Hotel Metro Plaza Residency And Dormitory, Sakinaka
+91 22 49462741
Andheri Kurla Road, Andheri Kurla Road, Sakinaka, Mumbai - 400072

Airways Hotel, Ghatkopar East
+91 22 39518691
#333, L.B.S. Marg,Ghatkopar, Ghatkopar East, Mumbai - 400086