Lic Park
Avg. Rate
₹ 2,724/sq. ft
Locality Rating
5.2/10
Lic Park is a developing residential locality situated in Kolkata, within the North 24 Parganas district. The area has a population of 8,707 residents and functions primarily as a residential neighbourhood. The current property price in the locality is ₹4,150 per sqft as of October 2025, reflecting a significant price growth of 124.3% since January 2011 when it was ₹1,850 per sqft. This substantial increase in property values indicates strong capital appreciation and positive investment potential for the future. Homebuyers and real estate investors looking for consistent growth would benefit from participating in this expanding market.
Region
Lic Park
City
Kolkata
District
Kolkata
State
West Bengal
Pincode
700110
Population
8,707
Schools
1
Nearest Airport
Netaji Subhas Chandra Bose International Airport (CCU)
Neighbourhood Insights by
The Good
Proximity to premier institutions — Jadavpur University, Presidency, or IIM Calcutta — drives strong academic-community rental demand in Lic Park
A lake or water body near Lic Park offers scenic amenity and limits high-density development in the immediate catchment
Government campus adjacency in Lic Park attracts a reliable long-tenure tenant profile that supports consistent annual occupancy
Lic Park is embedded in North Kolkata's heritage urban fabric, offering authentic city living with deep cultural roots
Infrastructure investments planned for Lic Park's corridor — metro extensions, ring road improvements — signal strong long-term capital appreciation potential
The Bad
Lic Park's distance from central Kolkata — 30+ km to Esplanade or BBD Bagh — makes daily CBD commuting impractical without rapid rail access
Lic Park lacks direct metro or suburban rail access; residents depend entirely on WBTC buses and app-based cabs for daily commutes
Lic Park's peripheral location under KMDA or HIDCO jurisdiction means civic grievance resolution is slower than in core KMC wards
End-user occupancy in many Lic Park projects is low; investor-dominated complexes tend to under-invest in common-area upkeep
Aurum Price Index for Lic park
Normalized to 100 · Oct 2020 baseline
Timeline
Aurum Price Index is based on 10 parameters:
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%)
Rates and Trends
Timeline
Average Rate
₹ 2,724/sq. ft
Average Price Range
₹ 1,000 – 7,050
Trend (5Y)
▲ 48.2%
Nearby Neighborhoods
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Frequently Asked Questions
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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