Amongst Navi Mumbai’s booming real estate market offerings, the suburb of Taloja has caught the eye of many investors and homebuyers in recent times. Divided into two phases – Phase I and Phase II, Taloja is a well-connected, developing area where many prominent real estate developers in the city have come up with landmark projects. From affordable housing to luxury projects, one can find it all in Taloja.
Hence, it is no surprise to see this suburb in Navi Mumbai witness a surge in demand for residential properties in recent years. The question is: What are the factors that make Taloja an attractive destination for home buyers and investors?
Here are some of the reasons why Taloja has emerged as the next hotspot for residential real estate.
Taloja is strategically located between Mumbai and Pune, two of the most important economic hubs of Maharashtra. Taloja is well-connected by road and rail to both these cities, as well as to other parts of Navi Mumbai and Thane. Taloja also enjoys proximity to the upcoming Navi Mumbai International Airport, which is expected to boost the region's connectivity and development.
Taloja offers affordable housing options for various segments of buyers, ranging from 1 BHK to 3 BHK apartments. The average price per sq. ft. in Taloja is around Rs. 5,500, which is much lower than the prices in other parts of Navi Mumbai and Mumbai. In terms of the price range, one can easily find a property in Taloja that costs anywhere between Rs. 1,600 to Rs. 9,500 per sq. ft. As for the overall budget, almost half of all listed properties for sale online that lie in Taloja are priced between the range of Rs. 20 lakhs to Rs. 40 lakhs.
Taloja also offers attractive rental yields and capital appreciation potential, making it a lucrative investment option. While the average rent is around Rs. 8,500, in-demand properties can also earn a monthly rent of up to Rs. 17,000.
Taloja has a well-developed social infrastructure, with several schools, colleges, hospitals, banks, malls, markets, and recreational facilities in the vicinity. Some of the prominent educational institutions in Taloja include Apeejay School, DAV Public School, MGM College of Engineering and Technology, and Yerala Medical College. Some of the reputed healthcare facilities in Taloja include Om Navjeevan Hospital, Sai Clinic, and Lifeline Hospital. Taloja also has several shopping and entertainment options, such as Metro Junction Mall, Little World Mall, and Central Park.
Taloja is surrounded by lush greenery and natural beauty, with several hills, lakes, and waterfalls in the area. Taloja also has a large green belt along the Taloja-Panvel Road, which acts as a buffer zone between the industrial and residential areas. Taloja also has several parks and gardens, such as Kharghar Valley Golf Course, Central Park, and Pandavkada Waterfalls. Taloja offers a serene and pollution-free environment for its residents, away from the hustle and bustle of the city.
The suburb of Taloja comprises many neighbourhoods where one can easily find an affordable property to purchase. These include Dongripada, Tondare, Navade, and Devichapada. Some of the most prominent projects to invest in include:
- Arihant Anaika: A luxurious project by Arihant Superstructures Ltd, offering spacious 1 and 2 BHK apartments with modern amenities and excellent connectivity.
- Lodha Crown: A premium project by Lodha Group, offering smartly designed 1 and 2 BHK homes with world-class facilities and a vibrant community.
- Paradise Sai Sun City: A mega luxury township project by Paradise Group, offering 1, 2, and 3 BHK apartments with international architecture, lifestyle and infrastructure.
- Qualitas QN Greens: A landmark project by Qualitas Group, offering 1 RK, 1 BHK and 2 BHK flats that are sustainable and equipped with smart technology.
Final Thoughts
Taloja is a promising destination for residential real estate, with a combination of strategic location, affordable prices, social infrastructure, and a green environment. Taloja is expected to witness further growth and development in the coming years, with several infrastructure projects in the pipeline, such as the Navi Mumbai Metro Rail, the Coastal Road Project, and the Navi Mumbai Airport Influence Notified Area (NAINA). If you are looking for a quality home in a prime location at an affordable price, Taloja is the place for you.
