Talegaon near Pune – An upcoming urban housing destination

Rio Vista project in Talegaon (Image Credit: Parmar Construction Company)

Among the upcoming satellite towns near Pune, Talegaon is one that particularly stands out as a real estate destination. This town has far outgrown its humble beginnings and is today, attracting a number of developers to come up with top quality projects and home buyers aplenty in equal measure.

This emergence of Talegaon as a promising real estate hub is not by accident, but is due to a coming together of a number of factors such as great connectivity, a pleasant climate and plenty of industrial growth nearby. We look at each of these factors which make this town so attractive to various categories of home buyers in the area.

Talegaon: Top-notch Connectivity

Mumbai-Pune NH4 at Talegaon
Mumbai-Pune NH4 at Talegaon

In today’s age, one can say that good connectivity is the harbinger of progress and Talegaon is doubly blessed in this regard, being well-connected by road and rail. Talegaon lies on the major national highway NH4, connecting Mumbai to Pune and onwards to Satara and Kolhapur. The Mumbai-Pune Expressway too is only 4-5 km away. One can reach here within 2.5 hours from Mumbai, 30 minutes from Pimpri-Chinchwad and 1 hour from Pune.

In addition, the town is connected by a well-tarred road to the neighbouring industrial area of MIDC Talegaon, as well as other major industrial areas of Chakan and Shikrapur. These industrial zones house major MNCs such as L&T, General Motors, Volkswagen, POSCO, JCB etc., with more (such as Foxconn) in the pipeline. A 200 hectare floriculture park for growing and storing flowers for domestic consumption and export has also come up here, as an initiative of the MIDC. Another major benefit, connectivity wise, is a link road from here to Hinjewadi & Talawade, the main IT hub of Pune.

Talegaon is well-served by PMPML buses from Pune as well as State Transport buses from Mumbai and other cities. Also, it lies on the Mumbai-Pune railway line. All local trains to and from Pune have a stop here and some even originate and terminate here. It’s not surprising to see how this connectivity attracts people of all hues.

Talegaon: Well-developed social infrastructure

Talegaon also can boast of good social infrastructure present in and around the town. A number of educational and healthcare options abound here, with large hotels and shopping centers within close proximity at Hinjewadi as well. Among the schools present here are the High Vision English Medium School, Heritage School by Pearson and BK Birla Centre for Education. The notable colleges around here include the Tolani Maritime Institute, MIMER Medical College and DY Patil College of Engineering. Medical care facilities are available at Lifeline Multispecialty Hospital, Pawana Hospital and Pioneer Hospital.

Talegaon: Lush green surroundings with a pleasant climate

Talegaon is at a nice elevation, which is actually higher than the popular twin hill stations of Lonavala and Khandala. This aspect ensures this town has a very pleasant climate all year round. In addition, it is surrounded by hills on all sides. Particularly during and just after the monsoon season, these hills abound with waterfalls and plenty of greenery, offering a soothing site to one’s eyes.

A view of the green surroundings of Talegaon from Rio Vista project (Image Credit: Parmar Construction Company)
A view of the green surroundings of Talegaon from Rio Vista project (Image Credit: Parmar Construction Company)

The Indrayani and Pavana Rivers flow by near here and their pristine waters add to the charm of living in this place. The town also boasts of large open spaces and offers great views of the surroundings for as far as one can see. With popular tourist attractions such as the Karla Caves, Bhaja Caves, Lohagad and Visapur Forts in close proximity to the town, it serves a good base camp for a nice short holiday.

Talegaon: Affordable homes

Adding more fuel to the demand of homes in Talegaon is the affordability of properties here. In comparison to Hinjewadi, Wakad or even Ravet nearby, Talegaon emerges as a far more economical option for home buyers. The average base price of a multistorey apartment in Talegaon comes to approx. Rs. 3,000/sq. ft. One can easily get a 1 BHK home for around Rs. 22 lakh and a 2 BHK apartment for Rs. 33 lakh, which is a lot lesser than elsewhere in Pune or Pimpri-Chinchwad.

Talegaon: Attractive to a wide variety of home buyers

A combination of all the above mentioned factors has meant that Talegaon is a much in demand housing destination. A significant portion of the demand for a home comes from people looking for a second or vacation home, particularly from Mumbai and to a lesser extent, from Pune. Demand has also come in from NRIs looking to settle in India and from senior citizens, who are attracted by the sylvan surroundings.

Another group of interested home buyers here is that of real estate investors, looking for good returns on their investment. Their optimism in this town’s growth prospects is justified by the fact that property prices here have doubled since the end of the year 2009. The town also attracts people working in the industrial hubs of MIDC Talegaon, Pimpri-Chinchwad and MIDC Chakan, as well as some spillover demand from the IT crowd working for various companies in Hinjewadi & Talawade IT Park.

Talegaon: Important projects

Aayush Park II is an upcoming project next door to the already completed Commander’ Aayush Park, being developed by the Earnest Group. This project comprises of 337 residential units of 1 and 2 BHK configuration spread across three towers. The amenities provided to residents include a children’s play area, gymnasium, jogging track, study room and a multipurpose court.

Goyal Properties, one of the emerging developers in Pune, have their upcoming project My Home Talegaon located just off the Talegaon – Chakan Road. Offering quality 1 and 2 BHK apartments spread across 3 wings on a 2.5 acre land parcel, it boasts of amenities such as a landscaped garden, jogging track, amphitheater, multipurpose hall and a children’s play area.

Indicative image of My Home Talegaon (Image Credit: Goyal Properties)
Indicative image of My Home Talegaon (Image Credit: Goyal Properties)

Located almost next to the Indrayani River is Parmar Construction Company’s project, Rio Vista. Offering 1 and 2 BHK apartments at an affordable starting price of Rs. 21 lakhs onwards, it’s unsurprisingly attracting plenty of interest. Among the amenities on offer are a river view deck, a river view meditation zone, a Spanish themed clubhouse, party lawn and a central plaza.

Conclusion

When one hears the name ‘Talegaon’, it is understandable that one would consider it to be a village, owing to the ‘Gaon’ in its name. However, one visit to this ‘village’ is all it will take to dispel any such notion. Talegaon’s easy approachability, the affordability of apartments here, the pleasant climate and lovely surroundings put together make it a great place for someone to consider purchasing a home in. One can see why this hitherto nondescript village has seen such a rapid rise in real estate and is now, poised to become a new satellite city of Pune. A host of prominent developers have taken note of this town’s promise and have come up with projects, perfectly suited to the profile of interested home buyers here.

Akshardham, Market Yard – A peaceful and comfortable residential abode

Apartment buildings at Akshardham project in Market Yard, Pune

When one hears the word ‘Akshardham’, one’s mind is immediately drawn to the grand temples of the Swaminarayan sect, particularly the ones in Delhi and London. These temples are known not only for their architectural beauty, but also for the sense of peace and calm they exude and the positive vibes that come from there. I recently visited a well-designed project in the city of Pune, which gave me a similar feeling of spirituality and calmness amid the chaos. This project is rather appropriately, named Akshardham.

The Akshardham society is being developed by Goyal Properties and Mittal Brothers, who are important players in the Pune real estate market with many completed residential and commercial projects forming part of their portfolio. I took a tour of the project to see what it has to offer to customers. In this article, I try to lay out the key features of this project for anyone interested in buying a home here.

Akshardham: Location & Connectivity

In order to get to Akshardham, one needs to take the Lullanagar-Bibvewadi road till Gangadham chowk and then, turn on to Aai Mata Mandir Road. Take this road till Shreeji Lawns, following which a left turn will bring one to the project site. While PMPML buses ply near to the project site, last mile connectivity is best via an auto or using one’s personal vehicle.

Akshardham is located near the commercial districts of Bibvewadi, Satara Road and Market Yard, all of which are within 5 km from here. On the other side of the project is the industrial hub of Kondhwa. Pune railway station is 10 km away from the project site, while the Pune Airport is 15.5 km from here and either place can be reached within 30-45 minutes.

Akshardham: Social Conveniences

The Akshardham complex is in an important area of the city of Pune and hence, benefits from good social infrastructure in its vicinity. A number of shopping centers and departmental stores such as D-Mart are nearby as are numerous shops for residents’ groceries. Pune’s main shopping districts of Laxmi Road (6.5 km) and MG Road (8 km) are also within easy reach from this project site.

Among the good schools in the vicinity of this project are Rosary School (4.5 km), City International School (5 km), Hume McHenry Memorial School (6 km), Bishop’s School and St. Mary’s School (both 7 km). The higher educational institutions nearby include VIIT College (1.5 km), Vishwakarma Institute of Technology (2 km), Bharati Vidyapeeth University (4.5 km) and PICT College (6 km). Medical care centres too abound nearby, the most prominent being Kale Hospital (4 km), Ruby Hall Clinic Wanowrie (4.5 km), Bharati Hospital (5 km) and Ramkrishna Hospital (7.5 km).

Akshardham: Site Overview

The Akshardham project comprises of 4 residential towers (A1, A2, B1, B2), each having 11 residential levels. Between these towers is a central structure, which offers a connection between the buildings A1 and A2 on one side and B1 and B2 on the other. There are 4 residential units per floor in each of the buildings, making for a total of 176 units. Each of the wings has a double-heighted entrance lobby, giving a grand appearance.

Under-construction apartment tower at Akshardham project in Market Yard, Pune
Under-construction apartment tower at Akshardham

At the time of my visit, I could see that the buildings A1 and A2 were complete (the Occupation Certificate too has been received for them), while B1 and B2 were under-construction. The project is laid out, such that the buildings lie in the center of the complex, with the various amenities strategically placed along the four corners of the complex for residents to use. The purpose of this layout is to develop a greater sense of community living among residents and build stronger bonds among them, which is also the project’s theme: pray together, play together and stay together.

Akshardham also stands out as an eco-friendly project, with many initiatives taken by the developers to reduce its carbon footprint. The project has a Sewage treatment plant (STP) and Organic Waste Converter (OWC) to handle sewage and biodegradable wastes. Also, LED lighting has been used in all common areas and rain water harvesting will also be carried out. 100% paving blocks have been used in the driveways, which percolate down and in turn, recharge the ground water in the area, thus maintaining the water table.

Akshardham: Apartment Overview

Living room in a sample apartment in Akshardham project in Market Yard, Pune
Living room in a sample apartment in Akshardham

All apartments in the Akshardham complex are of 2 BHK configuration. The entrance door of an apartment opens into a small foyer, followed by the living cum dining room, which comes with an attached terrace. The kitchen is placed next to the dining room, with the 2 bedrooms coming after it. While the master bedroom comes with another terrace and an attached toilet, the second toilet in the apartment is a common one.

Bedroom in a sample apartment in Akshardham project in Market Yard, Pune
Bedroom in a sample apartment in Akshardham

The attention to quality is what stands out in the apartments at Akshardham. The living cum dining room as well as both bedrooms uses large 800X800 mm vitrified tile flooring, which adds to the elegance of the apartment. The electrical switches are of Schneider brand while the sanitaryware fittings are of Jaquar brand. Doors and door frames are laminated and will have smooth curved edges, instead of the usual sharp ones to prevent chipping of borders when closed and also to reduce sound on impact. The premium UPVC material has been used for windows and terrace doors. A telephone point and a set top box for satellite television will be provided in the living room of the apartments.

The base price of an apartment at Akshardham is Rs. 5,850/sq. ft. The following table gives an overview of the various apartment sizes and their prices:

Apartment Type Carpet Area Saleable Area Price (All-inclusive)
2 BHK 630 sq. ft. 967 sq. ft. Rs. 66.3 lakh
2 BHK 645 sq. ft. 986 sq. ft. Rs. 67.5 lakh
2 BHK 634 sq. ft. 1038 sq. ft. Rs. 70.7 lakh
2 BHK 649 sq. ft. 1050 sq. ft. Rs. 71.5 lakh
2 BHK 649 sq. ft. 1073 sq. ft. Rs. 73 lakh

 

As compared to other projects in the same area, where a 2 BHK apartment in general costs up to Rs. 85 – 95 lakhs, Akshardham does seem to offer a much better deal for customers in terms of quality and price.

Akshardham: Amenities Overview

As mentioned earlier, Akshardham does not lack in providing amenities to its residents, to enable them to live a comfortable life. A Ganesh temple is located just after the entrance to allow residents to pray together. Along one side of the complex is the two-storeyed clubhouse, which is planned to contain a gymnasium, a multipurpose hall and indoor game facilities. Next to the clubhouse will be a landscaped garden and a swimming pool with an adjacent kids’ pool.

Sales office at Akshardham project in Market Yard Pune
Sales office at Akshardham

Along another side of the complex are an amphitheatre and a gazebo for seating residents and conducting any community celebrations. The third side contains a children’s play area and a basketball court. The most notable one, however, is the open air sky garden located on the 8th floor of the complex and accessible from each of the buildings, which provides additional place for kids to play and for residents to meet up and interact.

Conclusion

Akshardham comes across as a well-designed housing complex, which caters to the needs of its residents and provides them quality homes at a good price. It is a project, which though not the largest, still offers residents the refuge and comfort they require from their homes. One can conclude that Akshardham is among the most promising residential options in its side of Pune and one worth considering.