Conveniently situated on the outskirts of Pune, Talegaon is one of the preferred locations for interested investors on the look-out for affordable residential options which also provide good connectivity. Here are 6 reasons that make Talegaon an investor’s destination.
Talegaon is close to the Pimpri Chinchwad Municipal Commission (PCMC) industrial belt and Hinjewadi IT Park. Also, owing to its proximity to Mumbai, several multinational companies have set up base in the area.
“Talegaon houses IT, ITeS, automobile, manufacturing industries. It has good connectivity via road, Express Highway and the railway which provides easy access to PCMC, Pune & Mumbai. Therefore, the buyers aged 25 to 60 years come from all walks of life.
Talegaon is about 25km from Hinjewadi. The area is easily accessible from Mumbai via the Mumbai-Pune Expressway and is well connected to the Mumbai–Nashik Road.
“It is located on the Bangalore-Mumbai Expressway, thus, fetching buyers not only from Pune but from Mumbai and Bangalore as well,” says Nilam, of Pune Estate Deals. Talegaon has its own railway station helping residents as well as industries for better connectivity.
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 the affordability and availability of properties for home buyers.
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.
Growing Industrial Area
Another major contributor to the growth of Talegaon’s real estate is the rapidly developing industrial area around Talegaon. It is already home to big companies like General Motors, Volkswagen, JCB, etc. It also has several huge automobile factories. The development of Phase 2 of the Industrial area is already underway which will surely provide a huge impetus to the real estate market as well.
Talegaon was first just a small rural area. But it has developed a lot over the past years and has expanded its boundaries as well. It is now considered as a flourishing suburb of Pune. This growth has attracted more and more people to come to Talegaon and will continue to do so in the coming years.
Due to its good location, amazing climate, beautiful natural surroundings and developing infrastructure, Talegaon is getting a lot of migration. People who work in the city but wish to live in a peaceful and calm environment choose to settle in Talegaon since it gives them the best of both worlds. This has increased the demand for residential projects in Talegaon considerably.
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