Taloja housing project has shown remarkable potential as Navi Mumbai’s one of the biggest residential hubs.
The challenges of 2020 have not made it easy for the real estate market to prosper to its fullest. But against all adversities, the Taloja housing project has shown remarkable potential as one of the biggest residential hubs of Navi Mumbai. Taloja, under Raigad district, is considered to be a surveyed town in Maharashtra and is governed by the municipal corporation of Panvel. Taloja’s proximity to Kharghar has made it one of the most lucrative residential options among buyers in Maharashtra.
Taloja has two phases: Phase One and Phase two, both of which are directed under the City and Industrial Development Corporation of Maharashtra (CIDCO). The advantage of Navi Mumbai Phase One Metro originating from Belapur to Pendhar allows Taloja to stand out as an expedient housing hub. Taloja is growing every day with all the functioning amenities, drawing more residents than ever. The Taloja locality has shown remarkable development in areas of water supply, electricity, and infrastructure under the positive supervision of the Government. It shows high possibilities to do even better in the real-estate future.
Having Kharghar in the near-by neighborhood is one of the main reasons Taloja is now a flourishing real estate ground. Residents are now finding themselves opportune to be a part of Taloja housing society. Recently, there have been noteworthy developments in Taloja announced by CIDCO and,
Here are some of the perks that you cannot miss out:
- 24/7 Power Supply
- 24/7 Water Supply
- An Over Bridge Built To Connect Taloja To Kharghar
- Upcoming Metro Stations
- Much Awaiting International Airport
- Reasonable Property Prices
The capital values will propel massive growth in the region of Taloja in the upcoming years with promises of beautiful homes and necessary amenities. Also, real estate experts say that Taloja has the capabilities to rise as Navi Mumbai’s one of the most valuable residential hubs with the appropriate implementation of the necessary setups. In the coming three years, Taloja will experience a determined growth in the real estate market supported by CIDCO’s plan for executive development.
The Real Estate Price Trends in Taloja: The average residential price ranges between 4600 INR to 5300 INR per square foot in Taloja. As you move towards Kharghar (the neighborhood locality which is only nine kilometers away), the property value will fall in the range of 7800 INR to 9200 INR per square foot.
Driving Factors of Taloja Residential Real Estate
– Several properties are available and ready to move into.
– The properties are available at half the price compared to Kharghar
– There are small and large enterprises in Taloja namely: Kellogg India, Hindalco Industries Ltd, Deepak Fertilizers and Petrochemicals, and BEL. Many other Pharma and Chemical manufacturing companies are located in Taloja MIDC.
– Most residential buyers of Taloja are professionals working in the businesses mentioned above.
Connectivity & Infrastructure:
Taloja is strategically located on the NH4 (National Highway 4) and is directly connected to the Sion to Panvel Highway via roads. Taloja is also connected to Kalyan – Dombivli through highway roads both of which make it quite convenient for someone traveling from Taloja to Pune, Mumbai, and Thane.
Apart from convenient roadways, Taloja is also connected through a rail route through a railway station located on the Vasai Diva Panvel Central Railway line. In 2019, The Central Railway ministry has announced the Diva Panvel Section and Vasai Diva to be a part of the suburban section making it an inevitable success for Taloja. There are currently 3 shuttle trains running around Taloja and very soon, Taloja will experience a big financial growth with fully covered platforms, escalators, and more functional trains. Besides railway, the development of Phase One of the metro project at Navi Mumbai is also lined up from Belapur to Pendhar which will greatly better the life of daily passengers. There is news about Phase two connectivity between MIDC &Taloja-Khandeshwar which will make the life of thousands of people more convenient.
Amenities you can expect from Taloja residential projects
Connectivity: the developments in Taloja residential are progressing every day bringing in more opportunities for residents all over Maharashtra. The most remarkable development you can witness in Taloja is CIDCO’s effort to advance connectivity and preventing residents to travel long distances such as Thane, Kharghar, or Panvel. They can now find more comfort and opportunities sitting right in Taloja. Taloja is a developing, self-sustained and amenity-rich residential hub with schools, medical clinics, healthcare facilities, shopping centres, recreation centres and entertainment zones.
Proximity: Being close to the golf course and central park in Kharghar, Taloja can anticipate more and more exposure for residential purposes in the coming days. Taloja railway station is only five kilometers from Kharghar central park, therefore, close to some of the most reputed international schools. The bus connectivity of Taloja makes it easy for students and parents to commute every day to these schools besides other entertainment getaways: culture heritage (4 km only), center, parks, cinemas, eateries, and more.
Charges and Rentals
The average rent of Taloja residential is between 6000 INR to 13000 INR per month depending upon the property location, property age, and available amenities. Partners from Satyam Assoc. Navi Mumbai says that renting out a property in Taloja will generate great returns depending upon the property value. The rent value of a one-bedroom with hall kitchen will come around to only 6000 INR per month while for a two BHK is 8500 INR and 12000 INR for a big 3 BHK.
As for buying a property, here are some options for your Taloja residence price references:
- Kamdhenu Builders and Developers, 1BHK, 2BHK, Price: Rs. 33.6 Lakh to Rs 43.9 Lakh(Ready to move)
- Arihant Developers, 1BHK, 2BHK, 3BHK. Pricing: Rs 38 Lakh to Rs 52 Lakh, (Ready to move)
- Prism Heights, 1BHK, 2BHK costing between Rs. 34.75 Lakh – 40.94 Lakh (possession July 2023)
Currently, there are numerous projects on-going in Taloja, some of which being:
- Lodha Taloja,
- Kalpavriksha Taloja Amar harmony Taloja
- CIDCO Taloja project,
- Sai Riverdale, Taloja
- Marvel developers Taloja
- Arihant Taloja, Arihant Anshula Taloja and more.
Just with the right amount of everything, Taloja is the new suburban answer to many individuals looking for an affordable yet fitting home in one of the fastest-growing localities in Maharashtra. It is only a matter of time before Taloja tops the chart to become a prosperous residential hub in 2020 and beyond.
