New Town
Avg. Rate
₹ 4,109/sq. ft
Locality Rating
6.7/10
New Town is a developing locality situated in the North 24 Parganas district of Kolkata, known for its emerging urban landscape. The area has a population of 27,974 residents and functions as a growing neighborhood. As of October 2025, the current property price in the locality is ₹6,250 per sqft, reflecting a significant price growth of 123.2% since January 2011 when it was ₹2,800 per sqft. This substantial increase in property values indicates strong investment potential for prospective buyers. Homebuyers and investors looking for capital appreciation would benefit from participating in this developing market.
Region
New Town
City
Kolkata
District
Kolkata
State
West Bengal
Pincode
700156
Population
27,974
Schools
5
Nearest Airport
Netaji Subhas Chandra Bose International Airport (CCU)
Neighbourhood Insights by
The Good
New Town (Rajarhat) is Kolkata's fastest-growing township, planned by HIDCO with wide roads, large parks, and a mix of IT campuses and residential complexes
New Town houses the Kolkata Business District, DLF IT Park, TCS, and Wipro campuses, creating a major employment centre for the city's eastern fringe
Large-format gated communities in New Town — Merlin, Siddha, Unitech — offer premium amenities at per-sqft prices well below South Kolkata equivalents
Airport connectivity from New Town is unmatched — Netaji Subhas Chandra Bose International Airport is approximately 10 km from the township
The Bad
Social infrastructure in New Town is still maturing; hospital, school, and retail density remains significantly lower than established South Kolkata localities
Waterlogging in low-lying New Town pockets during monsoon remains a persistent concern despite HIDCO's drainage investments
New Town is 20+ km from central Kolkata; residents without proximity to the IT campuses face long and costly daily commutes
Aurum Price Index for New town
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
₹ 4,109/sq. ft
Average Price Range
₹ 1,550 – 10,650
Trend (5Y)
▲ 48.8%
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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