Nagerbazar
Avg. Rate
₹ 5,082/sq. ft
Locality Rating
7.2/10
Nagerbazar is a well-established locality situated in Kolkata, within the North 24 Parganas district. Home to a population of 75,928 residents, the area serves as a vibrant residential neighbourhood. The current property price in the locality is ₹7,700 per sq ft, reflecting a significant growth of 123.2% since January 2011, when it was ₹3,450 per sq ft. This impressive price appreciation demonstrates strong and steady investment potential for prospective buyers. Homebuyers and investors seeking long-term value would particularly benefit from participating in this growing market. Overall, Nagerbazar presents a promising market outlook for those looking to secure property in a thriving urban setting.
Region
Nagerbazar
City
Kolkata
District
Kolkata
State
West Bengal
Pincode
700028
Population
75,928
Schools
5
Nearest Airport
Netaji Subhas Chandra Bose International Airport (CCU)
Neighbourhood Insights by
The Good
Nagerbazar's direct access to NH-12 or the EM Bypass provides fast highway connectivity to both the airport and peripheral industrial zones
A suburban rail station near Nagerbazar provides frequent, low-cost connectivity to Howrah and Sealdah junctions for intercity travel
Nagerbazar is embedded in North Kolkata's heritage urban fabric, offering authentic city living with deep cultural roots
Strong NRI, diaspora, and HNI buyer interest in Nagerbazar sustains resale liquidity and commands above-market valuations
The Bad
Ageing building infrastructure in Nagerbazar — particularly pre-2000 constructions — carries maintenance liabilities not always visible in asking prices
New residential supply in Nagerbazar is extremely constrained; almost all transactions are resale of older stock, with quality varying widely
Aurum Price Index for Nagerbazar
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
₹ 5,082/sq. ft
Average Price Range
₹ 1,900 – 13,100
Trend (5Y)
▲ 48.1%
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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