Talegaon Dabhade in Pune: Good connectivity and lush surroundings

Advantage of purchasing home there is affordability, base price ranging between Rs 3,870-4,500/sq.ft

A location endowed with alluring natural surroundings within Maharashtra’s golden triangle of Mumbai-Pune-Nashik, Talegaon Dabhade has emerged as an attractive real estate investment option 120 km from Mumbai and 35 km from Pune. 

This property market has witnessed massive real estate development and growth in terms of both residential and commercial projects. Talegaon Dabhade is officially a part of PCMC’s residential area, wherein it is categorised under the rural belt.

This property market’s biggest advantage lies in its location and good connectivity through public transport, bridging various neighbouring areas. Talegaon Dabhade is well-connected to the Mumbai-Pune Expressway which is just 2 km away, and is close to the industrial zone of Chakan and the IT hub of Hinjewadi.

Due to rising investments by IT majors and multinational corporations, this locality caters to real estate demand from two sections of property buyers — Infotech employees working in Hinjewadi IT Park (24 km away) and Talawade IT Park (14 km away), and employees of the industrial hubs of MIDC Talegaon, MIDC Chakan (21 km away) and Pimpri-Chinchwad (PCMC) (21 km away). Land and property prices are far lower in this location than in many other areas in the neighbourhood, which attracts budget-conscious homebuyers.

Talegaon Dabhade offers fairly good social infrastructure, with some reputed schools such as Good Samaritan School, Blue Wisdom World School in the vicinity. Hospitals like Ratna Memorial Hospital and Aditya Birla Hospital take care of the healthcare requirements of the locality. There are adequate local shopping outlets in the area; however, organised shopping still needs to pick up.

This locality has seen a lot of residential development by builders addressing demand from homebuyers from different sections, ranging from affordable homes to luxurious apartments and villas.  Some of these are DS Kulkarni Developers, VTP Group, Nyati Group, Manav Group, Tata Value Homes, Mohar Group, etc.

One of the leading advantages of purchasing a home in Talegaon Dabhade is obviously its affordability, with the average base price for multi-storey apartments ranging between Rs 3,870-4,500/sq.ft. 

Apart from the favourable price trends and rising demand noted in the locality, it is also a big attraction for its lush green surrounding coupled with salubrious weather almost throughout the year. Most properties here offer good views of the neighbouring hills, which attracts investments from those looking for a second or vacation homes. For the same reason, the area is also a favoured destination for Senior Living projects.

With improving infrastructure and many companies setting up base in and around Talegaon Dabhade, the future of this property market is promising for investment into the right projects.

The author is managing director – Pune, JLL India