Shanti Nagar
Avg. Rate
₹ 3,167/sq. ft
Locality Rating
4.1/10
Shanti-Nagar is a locality in Kolkata, South 24 Parganas, and its PIN code is 700040. Located in the southern part of Kolkata, this area is known for its residential properties and commercial establishments. The locality is well-connected to other parts of the city through various modes of transportation, including buses and trains. The area is surrounded by other notable localities such as Behala and Thakurpukur, and is close to the famous Rabindra Sarobar Lake. The South 24 Parganas district, in which Shanti-Nagar is situated, is known for its rich cultural heritage and historical significance. The locality has a mix of old and new buildings, with many residents living in apartments and others in traditional houses. The area is also home to several schools, colleges, and shopping centers, making it a popular choice for families and professionals alike.
Region
Shanti Nagar
City
Kolkata
District
Kolkata
State
West Bengal
Pincode
700040
Population
1,19,920
Nearest Airport
Netaji Subhas Chandra Bose International Airport (CCU)
Neighbourhood Insights by
The Good
Shanti Nagar's heritage character and established neighbourhood identity attract buyers seeking authentic Kolkata urban living
Proximity to premier institutions — Jadavpur University, Presidency, or IIM Calcutta — drives strong academic-community rental demand in Shanti Nagar
Proximity to Rabindra Sarobar, Victoria Memorial Maidan, or a local park in Shanti Nagar provides rare urban green space and a cooler microclimate
Competitive entry pricing in Shanti Nagar offers strong long-term upside as Kolkata's urban growth frontier and metro network expand
The Bad
Ageing building infrastructure in Shanti Nagar — particularly pre-2000 constructions — carries maintenance liabilities not always visible in asking prices
Shanti Nagar lacks direct metro or suburban rail access; residents depend entirely on WBTC buses and app-based cabs for daily commutes
Aurum Price Index for Shanti nagar
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
₹ 3,167/sq. ft
Average Price Range
₹ 1,200 – 8,150
Trend (5Y)
▲ 47.7%
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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