Taloje is an industrial region located in the northeast of Navi Mumbai, 12 km from the regions central business district of Belapur. The locality mainly consists of industries, while it is also a growing residential locality. Taloje is the industrial hub of Navi Mumbai with has small, medium and large-scale industries.
Taloje, like other nodes in Navi Mumbai, was developed and planned by the City and Industrial Development Corporation (CIDCO). It has been provided with gardens, roads, and open spaces by CIDCO.
As Taloje is currently a purely industrial area, social infrastructure is not yet developed. There are a few schools, hospitals, and markets in the locality, but most of the social infrastructure is present in localities surrounding Taloje, like Kharghar, and Kalamboli. Siddhivinayak Hospital and Central Hospital are two major hospitals in Taloje.
Key Projects in Taloja :
Paradise Sai Riverdale
Dweepmala Baline Royale
Connectivity and Transit Points
Taloje, which lies near the Mumbai-Pune expressway, has good connectivity to other nodes of Navi Mumbai like Kharghar, Kalamboli, CBD Belapur, and Vashi. The Sion-Panvel expressway is also close to the locality.
Navi Mumbai Municipal Transport (NMMT) provides bus services from Taloje to all key localities in Navi Mumbai like CBD Belapur, Kharghar, Vashi, New Panvel, and Koparkhairane.Taloje Phata, Taloje Gaon, and Taloje Naka Bus Stop are few of the bus stops in the area. Taloje also has two railway stations, the Taloje Railway Station which is on the Central line of the Mumbai Suburban Network, and Navade Road Railway Station. The Central line connects Taloje with other localities in Navi Mumbai.
The Chhatrapati Shivaji International Airport is the nearest airport from Taloje, located 43 km from the locality, while Chhatrapati Shivaji Terminus is the closest major railway station, located 33 km from Taloje.
Major Landmarks
Taloje Police Station
Taloje Railway Station
Bank of India
Navade Road Railway Station
Factors for Growth in the Past
Real estate prices in Taloje are much lesser than those in the established markets of Navi Mumbai like Vashi, Belapur, and Kharghar. Affordability of real estate has been one of the key factors for the localitys growth in the past.
Connectivity is another major plus point. Taloje is well connected to other parts of Navi Mumbai as well as other regions of Maharashtra by road and rail.
Taloje is located next to Kharghar, which is almost a fully developed residential locality, with excellent amenities and social infrastructure. People working in the industries in Taloje live in Kharghar and commute to work daily.
Residential Market Analysis
Taloje’s residential market consists entirely of apartments, barring a few independent houses. A report suggests that 1BHK houses have the most demand in Taloje. Real estate prices in the locality are under-valued currently, and the prices in the locality are expected to increase over the next few years, once development of residential property increases.
The price of apartments in Taloje has increased in the last couple of years. The price of apartments for Q1 (2014) was between Rs 4000 per sq. ft. and Rs 4200 per sq. ft.
Major Challenges
Taloje faces several problems, hindering the progress of this promising locality. As this is mainly an industrial area, heavy trucks ply on the roads in the locality causing the roads to become uneven and difficult to drive on. To solve this problem, the Maharashtra Industrial Development Corporation (MIDC) has allocated Rs 91 crore to repair the roads in the area.
Another major challenge faced by the areas residents is acute water shortage and electricity supply. Most of the industries depend on water and power supply to run their factories, but with irregular water supply and frequent power cuts, these industries have to shut down sometimes.
Residents of Taloje also experience high levels of air and water pollution emanating from the industries in the area.
Factors for Growth in the Future
The Navi Mumbai Metro rail project is going to have a massive influence in the growth of not only Navi Mumbai, but also Taloje. The project will run between Belapur and Khandeshwar, and will pass through Talojae The ten-kilometre metro line will have a metro station in Taloje, thereby increasing the prospects of infrastructure projects in the locality, and more importantly connecting the locality with other parts of Navi Mumbai, and reducing travel time.
The locality is also going to see the construction of two flyovers, one between Taloje and Kharghar, and the other between Taloje and Kalamboli.