Every day, we come across people complaining about traffic, saturated living spaces and rising prices in Pune and Mumbai. Traffic is a constant issue, cost of living is increasing and good residential neighbourhoods are becoming crowded.
That is why people are keeping a close eye on areas like Talegaon and Chakan. Out of the two, Talegaon is actually getting a lot of investment.
Waiting for the right time to invest here? Find out why now is the right time:
Talegaon is located in the middle of the Pune, Nasik and Mumbai triangle – three of Maharashtra’s biggest cities.
The area is easily accessible from Mumbai via the Mumbai-Pune Expressway and is well connected to the Mumbai–Nasik Road.
As these cities are quickly filling up, people have already started looking for options
Talegaon greatly benefits from its proximity to Hinjawadi – Pune ever-growing IT hub. It also very close to the industrial belt of PCMC and many multinational companies such as Volkswagen, Cadbury, General Motors, Mahindra etc. have their manufacturing plants here. As more and more companies are making their way here, Talegaon is slowly becoming a hotbed for commercial and residential real estate. Thus, the right time to invest here, is now!
Properties in Talegaon are currently priced at approx. Rs. 3600 PSF. However, just 6 years back, the same properties were around Rs. 1800 PSF. That’s more than 20% year-on-year price appreciation.
This trend is set to continue in the upcoming years.
An abundance of pocket friendly options
Thanks to the aforementioned factors, many top developers have earmarked Talegaon as the next big investment destination. Thus, Talegaon offers a lot of pocket-friendly options to prospective home-buyers
Hence, to answer your question is – Yes! It is the right time to invest in Talegaon! If you’re looking for premium 1 & 2 BHK apartment here, then take a look at My Home Talegaon, a residential project by Goyal Properties.