Transformation of Talegaon Pune 411 507: from 2nd Home to 1st Home:
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| IT Professionals from Talawade MIDC IT Park with Amrish Bhosale at Balador on Talegaon Chakan Road, Talegaon |
This weekend, i visited Naiknavare Lakeshore Residency, Balador and Tata La Montana at Talegaon.
On Saturday,
Naiknavare Developers (www.naiknavare.com) performed "Bhumipujan" of
Lakeshore Residency at Talegaon Lake, a township of 2 BHK (890 saleable - For Rs. 25.92 & 27.81 Lakhs + ST & V) & 3 BHK (1248 saleable - For Rs. 35.66 & 38.16 Lakhs + ST & V) Flats and Shops on old Mumbai Pune Highway
(NH4).
The engineering department of Naiknavare was putting a compound to their plot of land, setting up the construction workers' camp and getting ready to start the pre-construction site development, and of course, the site office and sample flat.
But, i saw a couple of "inquiries" - property buyers at the site. Sunil Mishra, (91 90110 24230 / 99701 24910) sales executive at Naiknavare Lakeshore Residency, claimed that, since morning, couple of bookings have already happened. I even heard some other sales executive answering the call, claiming a dozen bookings. He offered "to block" one 2 BHK Flat for the caller at a special property rate of Rs. 2501 per sq.ft. - an exclusive offer for the first 24 bookings!
Next to Naiknavare Lakeshore Residency, i saw one more township, mostly by
Namrata Group (www.namratagroup.com) - a leading "local" builder - getting ready to launch. Fabricators were erecting the structure of site hoarding and a couple of JCBs were cleaning the site. Means, very soon, Ravi Karandeekar, you will be back in Talegaon, i told myself.
If i keep on visiting Talegaon, Amrish Bhosale, (91 92233 83333 amrish@balador.in) Sales Associate at
Balador (www.balador.in), told me that, in the next couple of years, i will witness the transformation of Talegaon as a destination of a first home!
From 2005, Amrish is selling real estate in Talegaon. He started selling Talegaon, at Rs. 500 per sq.ft., as a
"2nd Home / Weekend Home" to the real estate investors from Mumbai and Pune. For example,
Disha Direct - Heartland's 'Madhuban Sai City' - Row Houses for Rs.32.50 lakhs & Bungalows for Rs. 58 Lakhs onwards! Today, mostly these properties are offered on rent to the workers in Talegaon MIDC, Talegaon Floriculture Park, Chakan MIDC & Urse MIDC, he said. Who are the target customers of all these 3 'big' township projects - Naiknavare Lakeshore Residency, Balador and Tata La Montana in Talegaon.
What we see is just the beginning of transformation, Amrish Bhosale said. With these projects, Amrish is sure that Talegaon, which is well connected by road and train, 30-45 minutes travel time, will attract more "1st Home Buyers" from Pimpri Chinchwad and Pune. I had to completely agree with Amrish because when i was at Balador, (2 BHK Flat - 1095 to 1150 Saleable - For Rs. 32.1 to 34.68 Lakhs + ST & V and 3 BHK Flat - 1370 to 1595 Saleable - For Rs. 39.68 to 47.46 Lakhs + ST & V) he had first time home buyers who were staying in
Bijali Nagar in Pimpri Chinchwad and working in
Talawade MIDC IT Park, seriously considering a 3 BHK Flat!
In the next couple of years, Amrish said, star hotels, shopping mall, multiplex and business center in Balador will add to the urbanization of Talegaon. At the same time, the local politicians' efforts to develop basic infrastructure - like roads, under ground drainage, water supply etc. - will complete the transformation of Talegaon.
(Talegaon Dabhade - the full wiki)
From Balador i went to Talegaon Railway Station, but missed the 7pm local train to Pune. So, for more than an hour, I was waiting at the Talegaon Station bus stop on Talegaon Chakan Road. Because of the power cut there were no street lights. Every shop had a single tube light on an inverter. The traffic was moving very slowly. Couples on motorcycles were mostly using wrong side of the road. On two wheeler, girls in Talegaon don't cover their faces with the scarf, so instead of observing the shapes of their tops, i started looking at their faces.
Through out the day, i had seen how speedily containers drive on old Mumbai Pune Highway (NH4). Now, i could see how slowly they can move, bumper-to-bumper, crawling on Talegaon Chakan Road. This gave me an opportunity to feel the hugeness of the containers. I could see all types of equipments
JCB manufactures in their Talegaon plant. I could understand why at the age of 74,
Pratibhatai felt like flying a supersonic combat aircraft Sukhoi 30 MKI. After watching the parade of trucks and containers for more than 30 minutes, even i felt like becoming a truck driver.
Yesterday, when i was waiting for the bus at Pooja Dhaba (Hotel), opposite
Tata La Montana (www.lamontana.co.in) on old Mumbai Pune Highway (NH4), i became expert in integrated supply chain and logistics solutions! Someone from
TCI (Transport Corporation of India) who had come to
Deccan Warehousing was waiting with me to catch a bus for Nigdi.
While talking to TCI guy, i realized that, if you are associated with the group whose one company is
India's largest automobile and commercial vehicle manufacturer, Tata La Montana offers you one more amenity. You can develop friendship with your customers - the truck drivers. Because, truck parking lot is next to your main entrance gate, and Pooja Dhaba (Hotel) on the opposite side of the road. In the periphery of 3 km,
truck driver is the only social animal which has a highly developed brain, capable of abstract reasoning, language, introspection, and problem solving. And, of course, an erect body carriage that frees his hands for manipulating objects like truck steering.
By offering the pre-launch property rate of Rs. 2,825 per sq.ft. Tata La Montana has created big confusion in Talegaon real estate market. Not only in their own property buyers but among builders in Talegaon too! Some builders in Talegaon are not aware that at Rs. 2,825 per sq.ft. Tata La Montana is taking bookings only up to 5th floor - booking only 60 Flats - approximately 20 flats of 1 BHK (614 saleable For Rs. 22.14 Lakhs), 2 BHK (844 saleable For Rs. 29.34 Lakhs) & 2 BHK (974 saleable For Rs. 33.38 Lakhs) each. This property rate is not for the all flats or for the entire project. One builder conveniently ignored this fact and started telling me that property rates in Talegaon are increasing and may go up to Rs. 3,000 per sq.ft.
Mostly, the employees of the Tata Group will book the flats in Tata La Montana, or the investors from all over the world, who are not aware about the property prices in Talegaon. If they know, looking at the well drawn digital images of Tata La Montana, many would be convinced that Rs. 2,825 is the right property price. These people will never know that the
property price at Tata La Montana is not because of the quality but because of the price paid for plot of land. Plus, Tata La Montana has one unique advantage, they can easily intimidate their property buyers and investors to pay more by speaking about "cheating by the local builders".
At last my bus arrived! When it reached Jijamata Chowk, i tried to look for Regency Roseland, a joint venture of
Regency Group (my ex-client!) and Pashankar (Auto) Chavan Associates. Though there was not enough light, i could see that more than 70% construction is already done. But, as per the business practice of Regency Group, the bookings are not yet opened! Great! What a sight!! In the last two days, for the first time, I was looking at under-construction real estate project in Talegaon!
From Talegaon Phata to MIDC Naka on Old Mumbai Pune Highway (NH 4) Via Balador on Talegaon Chakan Road:
I am sharing these photos to give you some idea about the neighborhood of Naiknavare Lakeshore Residency by Talegaon Lake, Tata La Montana at Talegaon MIDC Naka on Old Mumbai Pune Highway (NH 4) and Balador at Eagle Flask Factory on Talegaon Chakan Road. After the transformation of Talegaon, this section may look like Old Mumbai Pune Highway in Pimpri Chinwad! But what will happen to the green hills, big trees, refreshing cool
weather of Talegaon? Would it be possible to touch the clouds? I wonder!
View Naiknavare Lakeshore Residency - Balador - Tata La Montana at Talegaon Pune 411 507 - photo-walk in a larger map
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| Welcome to Talegaon! |
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| Talegaon Phata |
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| Sushila Mangal Karyalaya - Wedding Hall at Talegaon Phata |
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| View of Old Mumbai Pune Highway (NH4) from Talegaon Phata - To Pune |
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| Talegaon from Old Mumbai Pune Highway (NH4) |
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| Thanda Mamla - Nitin Kulkarni's favorite, at Talegaon, on Old Mumbai Pune Highway (NH4) |
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| IBP Petrol Pump, next to Thanda Mamla, at Talegaon, on Old Mumbai Pune Highway (NH4) |
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| Upcoming residential township of Namrata Group (www.namratagroup.com), next to Naiknavare Lakeshore Residency, at Talegaon, on Old Mumbai Pune Highway (NH4) |
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| Parshwapuram, proposed township between Namrata and Naiknavare Lakeshore Residency at Talegaon, on Old Mumbai Pune Highway (NH4) |
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| 60' DP Road and main entrance of Naiknavare Lakeshore Residency, at Talegaon, on Old Mumbai Pune Highway (NH4) |
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| Naiknavare Lakeshore Residency, opposite IBP Petrol Pump, at Talegaon, on Old Mumbai Pune Highway (NH4) |
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| View from Naiknavare Lakeshore Residency, at Talegaon, on Old Mumbai Pune Highway (NH4) |
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| To Mumbai - View of Old Mumbai Pune Highway (NH4) from Naiknavare Lakeshore Residency at Talegaon |
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| Talegaon Lake at Naiknavare Lakeshore Residency on Old Mumbai Pune Highway (NH4) |
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| Latis, Lakeside Villa Apartments, at Talegaon, by Kohinoor Group (www.latis.in), view from Old Mumbai Pune Highway (NH4) |
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| Talegaon Lake - View from Old Mumbai Pune Highway (NH4) |
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| Shri Parshwa Pradnyalaya, Dnyan Sanskar Mandir, Old Mumbai Pune Highway (NH4), Near CRPF, Talegaon |
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| Soul City (www.soulcity.in), Talegaon Lake, on Old Mumbai Pune Highway (NH4) |
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| Horticulture Training Center (www.htcindia.org), next to CRPF, Old Pune Mumbai Highway (NH4), Talegaon |
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| Lake Paradise (www.lakeparadise.in), opposite CRPF, Old Pune Mumbai Highway (NH4), Talegaon |
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| Flora City (www.yourflora.com), opp. CRPF, Old Mumbai Pune Highway (NH4), Talegaon |
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| CRPF, Group Centre Pune, at Talegaon, on Old Mumbai Pune Highway (NH4) |
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| CRPF, Central Reserve Police Force (www.crpf.nic.in), Group Centre Pune, at Talegaon, on Old Mumbai Pune Highway (NH4) |
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| Flora City Talegaon....Look! |
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| View of Old Mumbai Pune Highway (NH4), from Flora City, at Talegaon |
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| View from Old Mumbai Pune Highway (NH4), at Talegaon |
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| Hoarding of Siddhivinayak Groups (Naupatlal Sakla Enterprise), (www.sgworld.in) - 5 Projects near Talegaon: 1) Vision Royalle - Vadgaon Maval 2) Vision County - Kanhe Phata 3) Vision City - Jambulgaon 4) Viision Woods - Jambulgaon 5) Vision Shree - Jambul |
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| Madhuban Sai City (www.heartland.co.in), Ready Possession Bungalows & Row Houses, on Talegaon Chakan Road, Near Hotel Sachin,Talegaon |
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| Talegaon Chakan Road Naka on Old Mumbai Pune Highway (NH4) |
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| 8 Story Dipti Reino (www.diptigroup.com), Talegaon Chakan Road, opp. Manohar Nagar, Talegoan |
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| Vadgaon Talegaon Chakan Shikrapur Road - Connects Mumbai Pune Highway (NH4) to Pune Nashik Highway & Pune Aurangabad State Highway & Pune Solapur Hyderabad National Highway |
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| Vadgaon Chakan Shikrapur Road - completed through PPP (Public Private Partnership) - would be converted into 6 lane road - a part of 123 km long, Rs 1220 crore Pune Ring Road |
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| Vadgaon Talegaon Chakan Shikrapur Road - Reduces distance between Chakan, Nashik, Ranjangaon, Aurangabad, Solapur, Hyderabad and Nava Sheva Port & Sahar Airpor Mumbai |
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| 15 Acre Swaraj Nagari, on Talegaon Chakan Road - First township in Talegaon |
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| Talegaon Chakan Road - rare view! |
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| Paisa Fund Glass Works, on Talegaon Chakan Road, Talegaon - Established in 1908 by raising public contributions of only one paisa from each individual |
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| Our Lady of Mount Carmel, on Talegaon Chakan Road, Talegaon - Diocese of Poona (www.poonadiocese.org) |
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| View of Talegaon Chakan Road |
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| Bungalow on Talegaon Chakan Road |
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| Old Cottage on Talegaon Chakan Road |
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| Development on Talegaon Chakan Road |
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| Medical facilities on Talegaon Chakan Road |
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| Bank, ATM & Shops on Talegaon Chakan Road |
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| Petrol Pump on Talegaon Chakan Road |
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| Office of Talegaon Dabhade Citizens Forum on Talegaon Chakan Road |
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| Flour Mill on Talegaon Chakan Road |
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| Balador (www.balador.in), at Eagle Flask Factory, on Talegaon Chakan Road, Talegaon |
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| Office of SABIO EAGLE REALTORS GROUP A consortium of: Dattani • Eagle • Sankpal • Swastik, developers of 45 Acre Lake Township Balador (www.balador.in) on Talegaon Chakan Road |
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| Tata La Montana is in Vadgaon Grampanchayat - at Talegaon MIDC Naka, on Old Mumbia Pune Highway (NH4) |
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| Tata La Montana - If you are coming from Mumabi - when you this hoarding - turn right |
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| Tata La Montana is behind this on Old Mumbai Pune Highway (NH4), at Talegaon MIDC Naka |
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| Entrance of Tata La Montana, on Old Mumbai Pune Highway (NH4), at Talegaon MIDC Naka - Can you see DEVI? |
Related Stories:
1) SATURDAY, AUGUST 21, 2010
Naiknavare Lakeshore Residency Talegaon Pune 410 507 opens booking of 2 BHK & 3 BHK Flats
2) THURSDAY, AUGUST 19, 2010
Tata La Montana Talegaon Pune - 410 507 - Pre Launch Offer
3)
Balador - A 45 Acre Lake Township at Talegaon Pune 410 507 - Launched!
A township at Eagle Flask Factory:
4) SUNDAY, AUGUST 1, 2010
July 2010 - Most popular blogs on Ravi Karandeekar's Pune Real Estate Market News Blog
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"On two wheeler, girls in Talegaon don't cover their faces with the scarf, so instead of observing the shapes of their tops, i started looking at their faces."
ReplyDeleteMr Karandeekar,
Kindly behave like a decent person and don't create. I hope you understand your responsibility.
Thanks...
Ravi....kudos to you!! For providing such an in depth analysis of upcoming Talegaon. Talegaon has always been eluding real estate pandits & proving them all wrong. And the situation continues...with the extra hyped rates by Tatas & some others. Buyers are really confused now whether to treat Talegaon ( a still underdeveloped place with respect to urban infrastructure)a second home OR a first home. I pray God (even he's helpless here) that He may infuse the builders with some sanity while deciding rate structure there.
ReplyDeleteHello Pavya, i am joining your prayers! Thanks!!
ReplyDeleteYes, sir! I understood!!
ReplyDeleteI stay in Talegoan, when I booked a row house here, hardly anyone was paying 1800 per sqft. When I saw Naik Navare advt in the newspaper, I was happy because I made a right decision and might get good appreciation. But 2500 is very high amount by local standards in talegoan. I'm very surprised to hear tata la montana prices. it is crossing the limits. After all builders create hype by increasing cost, we just follow them.
ReplyDeleteAbout traffic: multi axe vechicles are Ban from morning 8 AM till 7 PM on talegoan chakan road. I think probably you where catching bus after 7 PM. Train is suitable for daily commuters and suits many of working people here. But even bus from Wadgaon-Nigdi has very good frequency. Not sure why you didn't oberved it. But I'm impressed by bus frequency.
Electricity is big problem in talegoan. Monday and Saturday from 5-9 PM light is not there. Invertor business is in full boom here. Not only this daily 5-6 (3 hrs and 2.5hr) there is power shutdown.
When you visit next time do think of writing about school facility.It will help people to take decision. Also remember this place is not cheap, there is literally no cost difference if you buy from Pimpri or Chinchwad. Out of interest please visit Shri Parshwa Pradnyalaya temple. It is beautiful and gives scenic view of Talegoan. Thanks for sharing information via your blogs.
I recently booked a rowhouse in Talegaon . I see a lot of investment and development potential in the Talegaon Chakan area. Companies like Mercedes and JCB started early in opening shop here. This area already has projects and investments from world auto leaders like Volvo, Daimler, Bridgestone and many more. Apparently this area received 5000 applications for opening companies .Most of the area has been sold to companies and there is no more land available. This is no coincidence, other than having proximity to both Pune and Mumbai, this area would possibly turn out to be one of the places that would virtually connect both Mumbai and Pune in the next 5-10 years , making both a part of a virtual megapolis.
ReplyDelete- Umanath Nayak ,NJ, USA
Good One Mate! Nice n detailed observations.
ReplyDeleteI am looking at buying a plot in Emirates Hill, Somatna Phate in Talegaon. What is the price running there.
ReplyDeleteThanks
Thanks providing such an in depth analysis..Great JOB..
ReplyDeleteThanks for sharing the information. That’s a awesome article you posted. I found the post very useful as well as interesting. I will come back to read some more. Swastik investment
ReplyDeletehello mr. ravi karandeekar.thanks for the blog and the information in it.really appreciated the tips and comments and the pics.
ReplyDeletemrinalini karandikar godbole