What Makes Real Estate Market at Taloja So Exciting?

What Makes Real Estate Market at Taloja So Exciting?

As existing suburbs in central Mumbai are getting out of reach for various home seekers, the flagship suburban regions came to the rescue. Taloja in Navi Mumbai is one of them. Here, one can find decent homes at affordable price ranges with great connectivity and social infrastructure. Taloja has great prominence from property seekers because of its connectivity, strategic location and affordability. Taloja is located in the vicinity to Kharghar. It is a Central Business District and the upcoming international airport will be positioned around 15 km from here. Currently, the development of phase 1 of Navi Mumbai metro is ongoing and giving great hopes to the residents.

It will be connecting 11 km stretch from Belapur to Pendhar which will meet Taloja. The phase 2 will be connecting MIDC from Taloja to Khandeshwar once phase 1 is functional. Taloja is also located in the vicinity of Old Mumbai-Pune highway and NH4. Hence, it ensures convenience in traveling to several parts of Thane, Pune and Mumbai. If you are looking to invest in affordable housing, you may choose Taloja as it will give higher real estate values with the proposed infrastructure development. Among other localities of the city, Taloja is enjoying great attention because of its connectivity to the city of Mumbai. Traveling from Karjat and Badlapur takes only 2 to 3 hours to any part of the city. From Taloja, one can easily cover the same distance within half an hour. This is why a lot of buyers are opting for homes in Taloja.

When it comes to property prices, Karjat and Badlapur is offering affordable housing at the same price range as Taloja. But future still seems to be in favor of Taloja. According to the Head (Research & Real Estate Intelligence) at JLL India, Ashutosh Limaye, when compared to Taloja, Badlapur lacks in its economic driver. Along with this, Taloja too has great access to the city and it is superbly connected to the proposed Panvel international airport. Currently, 1 and 2 BHK units are enjoying great popularity in Taloja. According to the size, 1 BHK unit prices may vary from Rs. 15 to Rs. 30 Lakh.