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Talegaon - 10 years of real estate.
Mumbai's affordable cousin is what some believe Pune to be, especially people looking for properties available near suitable good jobs and developed infrastructure on a comparatively affordable rate. Also in the past few years homebuyers believe that Pune has been developing in terms of infrastructure, jobs and housing, which may in turn lead to a positive property rise in the Pune real estate property, making it a promising city to invest in.
Pune started off as a small city known for its strong industrial belt, which included companies such as Tata Motors and Bajaj. It later came to be known for its cantonment and Headquarters of Southern Command for the Indian Army. Pune as a city was more like a pensioner's paradise because of its slow pace of life and relaxing weather. Most retired citizens from Mumbai and other metros preferred to retire in Pune.
But in the last 10 years Pune seems to have gone through a major transformation. The Mumbai - Pune expressway development and Hinjewadi coming up as the large IT/ITeS catchment has attracted not only domestic but also the international IT majors, such as Infosys, Wipro IBM and Accenture. Pune has been seeing a major change not only in terms of the lifestyle but also in regards to the property prices.
That being said, There are some locations particularly famous for the connectivity and its proximity to IT and better job opportunities. One of them is Talegaon.
More about Talegaon …
Why is Talegaon a good destination to invest in?
Talegaon is one of the locations within pune that has created a jinx of multiple investors.
It is said to be one of the preferred locations for interested investors looking for affordable residential properties, which also provide good connectivity. Here are a few reasons why Talegaon is a good investor destination.
Connectivity and proximity to IT and Industrial areas
Talegaon is a location that is close to the Pimpri Chinchwad Municipal Commission (PCMC) industrial belt and the Hinjewadi IT Park. It is one of those properties that links Mumbai to Pune,owing to its proximity to Mumbai, several multinational companies have set up base in the area. A location that houses IT, ITeS, automobile, manufacturing industries all at one sight making it a promising one on the best investing destinations list. It has good connectivity via road, Express Highway and railway which provides easy access to PCMC, Pune & Mumbai.
Rao Colony should be considered as it is one of the prime locations in Talegaon. Many Vips reside here. Within one km radius, one can access all kinds of social establishments within the periferrial. The railway station is also just 1.5 km from the project. The area has the presence of big plants of companies, such as General Motors, Volkswagen, Mahindra, Cadbury and many more.
Below you'll find a graph for the Average and Premium rates in talegaon since 2010 to 2018 ( average housing and premium rates)
Availability in abundance
There are several available projects in the area by leading developers. One can get various options that suit their budgets. This location offers Properties like flats, residential plots, houses and villas. You can also get good options for commercial properties in the area. If you are planning to buy in Talegaon, it is advised to do the due diligence and take a decision accordingly.
With rising property prices in Pune and the outskirts of Mumbai, the upcoming areas such as Talegaon, present an encouraging picture. The area is mainly preferred owing to affordability and availability of properties for home buyers.
There is an availability of a 1BHK in the price range of Rs 20-30 lakh and size may vary from 400 sq. ft. to 850 sq. ft. people can also buy bigger size flats. A 2BHK fall in the price range of Rs 25-50 lakh, whereas a 3BHK cost Rs 40-80 lakh. The size and amenities may add up to the total cost.
Affordability properties are available in a good number and budget homes attract property buyers to this locality. Even luxury properties won't cost much in this locality.
Connectivity at its best
Talegaon is at a distance of Hinjewadi. The area is easily accessible from Mumbai via the Mumbai-Pune Expressway and is connected to the Mumbai-Nashik Road.
It is located on the Bangalore-Mumbai Expressway, fetching buyers not only from Pune but from Mumbai and Bangalore as well. Talegaon has its own railway station which is a rare case in pune comparing other cities like mumbai, helping residents as well as industries for better connectivity.
To get a detailed range and rates for investment in talegaon refer to Talegaon Properties.
Featuring other properties in pune to invest : go to Properties in Pune
Disclaimer : The views expressed above are for informational purposes only. We do not guarantee the accuracy and completeness of the information and shall not be held responsible for any action taken based on the published information.
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