Lic Park
Avg. Rate
₹ 2,724/sq. ft
Locality Rating
5.2/10
Lic-Park is a locality in Kolkata, North 24 Parganas District, and its PIN code is 700110. It is situated in the South 24 Parganas district of West Bengal, India. The area is known for its residential properties and commercial establishments. Lic-Park is a relatively smaller locality in comparison to other areas in Kolkata, but it has a significant presence of government offices and institutions. The locality is well-connected to other parts of the city through public transportation, including buses and taxis. The area is also close to several major landmarks and attractions in Kolkata, such as the famous Victoria Memorial and the Indian Museum. Overall, Lic-Park is a quiet and peaceful locality that offers a comfortable living experience to its residents.
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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