Is it the right time to invest in properties in Talegaon?
Talegaon is very well known for its climate and for emerging as a manufacturing hub in the western zone of Maharashtra. It is fast developing into a popular suburb of Pune and contributing to India’s economic growth and a lot many people are considering to invest in properties in Talegaon. Away from the busy and beeping city life, Talegaon is located at a convenient distance from Pune and Mumbai. It is projected as an investment destination for people residing in Mumbai and Pune.
Here are the reasons why is it the right time to invest in properties in Talegaon:
Located in close vicinity to IT and industrial areas: Talegaon is located at a convenient distance from the Pimpri Chinchwad Municipal Commission (PCMC) industrial belt and Hinjewadi IT Park. Also situated in close proximity to Mumbai, a large number of multinational companies have set up their base here. Around 40,000 people are working in the IT parks in Hinjewadi and adjoining areas and Talegaon proves to be an apt residential destination for them. The Phase 1 of the Industrial area is home to big companies like General Motors, L&T, JCB, Posco India and many more. Volkswagen Group, Daimler-Benz, Mahindra & Mahindra and Bajaj Auto General Motors are some other companies that have their automobile production plants located there.
Appreciation of Properties: A lot many real estate developers are eyeing this area because so much development is happening in Talegaon. The demand for industrial, commercial and residential projects is on constant upsurge. Hence land appreciation is highly predicted.
Pollution free living: When you have the chance to live close to nature, away from the hustle bustle of the city, why not stay there? Gift good health and pollution free living to yourself and your family by choosing to stay here. You can also engage in adventurous activities in Kamshet, near Talegaon and other nearby areas.Talegaon is a calm and peaceful city and will be a perfect destination to unwind and rejuvenate. Since it is home to many companies, people can balance their work and personal life while staying in pollution free, beautiful natural surroundings.
Growing employment opportunities: With so many companies already operating from there and projected to grow at a high speed, the employment opportunities in Talegaon are expected to rise immensely. The Phase 2 is soon developing and gearing up for being a base to many companies. Foxconn, the world’s largest contract electronic manufacturer and a key supplier to Apple Inc. has signed a deal with Maharashtra to invest $5billion in a semiconductor manufacturing facility. It is anticipated that a massive workforce of 50,000 people will be required to work there.
Considering all the above listed points, it can be stated that the right time to invest in properties in Talegaon is now! Hence the decision to own a property would be a wise one.