Avg. Rate
₹ 4,756/sq. ft
Locality Rating
7.2/10
Lal Bazar is a residential area located in Kolkata district, West Bengal, serving as a prominent part of the city. The locality has a population of 54,716 residents. The current property price in Lal Bazar stands at ₹7,200 per sqft as of October 2025, reflecting a significant growth trend of 125.0% since January 2011 when prices were ₹3,200 per sqft. This substantial price appreciation indicates strong capital appreciation and solid investment potential for real estate investors. Homebuyers and investors looking for long-term growth would greatly benefit from entering this expanding market.
Region
Lal Bazar
City
Kolkata
District
Kolkata
State
West Bengal
Pincode
700001
Population
54,716
Schools
5
Nearest Airport
Netaji Subhas Chandra Bose International Airport (CCU)
A lake or water body near Lal Bazar offers scenic amenity and limits high-density development in the immediate catchment
Strong NRI, diaspora, and HNI buyer interest in Lal Bazar sustains resale liquidity and commands above-market valuations
Lal Bazar offers a stable mix of independent houses and apartment complexes catering to multiple budget segments
A significant share of Lal Bazar's housing stock consists of buildings constructed before 1990; buyers must budget for plumbing, structural, and electrical renovation
Heritage or density norms restrict new high-rise development in Lal Bazar, limiting future supply addition and creating resale market opacity
Normalized to 100 · Oct 2020 baseline
Timeline
Property Listing Trends
(12%)
RERA Inventory & Sales Velocity
(13%)
IGR Transaction Data
(15%)
Rental Yield
(10%)
Pollution & Environment
(08%)
Infrastructure & Connectivity
(13%)
Social Infrastructure
(08%)
Crimes & Safety
(08%)
Political Stability
(06%)
Corruption & ease of doing business
(07%)
Timeline
Average Rate
₹ 4,756/sq. ft
Average Price Range
₹ 1,750 – 12,250
Trend (5Y)
▲ 48.5%
Rates and Trends
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The information provided on this page is collated from publicly available resources. PropTech Pulse does not guarantee the accuracy, completeness, or authority of this data and shall not be held liable for any discrepancies. For queries or further assistance, please contact us at pulse@aurumproptech.in


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