Lifestyle

Taloja property market: An overview

[ecis2016.org] Taloja is a fast developing suburban region of Navi Mumbai located in Maharashtra. It is both a preferred residential as well as a commercial hub of Maharashtra.

Developed by CIDCO (City and trial Development Corporation), Taloja is situated off the old Mumbai

Highway or NH – 4. Divided into two phases- Taloja I and Taloja II, the locality is well connected to

the central and western parts of Mumbai by an extensive network of roadways and railways. The

main tourist attractions of the locality include – Central Park (yet to be set up), a temple of Iskon and

a huge Golf course.

Connectivity with nearby Taloja localities:

The locality is well connected to various developed areas and a number of hotels, schools, banks and

hospitals via an excellent network of railways and roadways.

 The locality is well connected to the Sion- Highway, Panvel and Dombivli-Kalyan via the NH 4

 The locality lies in close proximity to areas of Khargar(which is 8.2 kilometres away),

Kalamboli (which is 5.6 kilometers away), Panvel (which is 9.2 kilometers away) and Navi

Mumbai (which is 12.2 kilometers away)

 The nearest railway station is the Taloja Railway Station which is situated at a distance of

8.4kilometers.

 The nearest airports include – the Chhatrapati Shivaji International Airport and the Mumbai

Domestic Airport which are situated at distances of 39 and 45 kilometers respectively

Employment hubs near Taloja:

The locality is witnessing an increase in the population in the recent years owing to its proximity to

various employment hubs in and around Taloja. The most famous industrial hub of the locality is –

 Hindustan Kohinoor Industrial Complex which is 30.4 kilometres away

Schools in Taloja and other social amenities:

Taloja provides its residents with all kinds of social amenities to live a happy and peaceful life. They

include various schools and hospitals.

 Sheth High School

 Zilla Parishad Primary School

 Taloje School

 Sanjeevani International School and many others enjoy being the famous names of

educational institutions in and around Taloja.

Of the social amenities provided by Taloja the major health institution dominating the locality

includes –

 Children's Hospital

 Sajeevani Hospital

 Om Navjeevan Hospital Pvt. Ltd.

 Medicare Multispecialty Hospital

 Dhanvantri Hospital

 Ratnakar Hospital.

Apart from these it also provides the luxury of enjoying recreational amenities and proximity to

various banks and ATMs.

Apart from these it also provides the residents with a number of luxurious shopping arcades which

include –

 Prime Mall

 Orion Mall

 Tiara Mall

Physical infrastructure in Taloja:

 Taloja will house its own international airport which would just be a 10 minute drive from

the locality centre.

 A flyover bridge is to be set up in Taloja which would guarantee unimpeded connectivity to

Khargar.

Price trends in Taloja:

 Price Appreciation – around 15.7 % in last 2 years

 Current property rates- INR 3,668 – INR 5,542 per sqft

Reasons to invest in Taloja

Considering the increasing price trends Taloja and the obvious rise in demand, investing in Taloja is

sure to prove to be very lucrative. The high increase in property prices is a promising trait to start

with. Taloja is gradually emerging as a coveted working as well as a residential destination of

Mumbai.

Big ticket projects like Mahaavir Universal Kamdhenu Avenue One, Mahaavir Universal Majesty,

Shelter Builders Riverside and Reliable Balaji Aura are here to make Taloja a rather posh and coveted

residential neighbourhood.

Source: https://ecis2016.org/.
Copyright belongs to: ecis2016.org

Debora Berti

Università degli Studi di Firenze, IT

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