Watganj
Avg. Rate
₹ 4,592/sq. ft
Locality Rating
6.8/10
Watganj is a locality in Kolkata, Kolkata District, and its PIN code is 700023. It is situated in the southern part of the city and is known for its residential areas and commercial establishments. The locality is bordered by the Adi Ganga River to the east and the EM Bypass to the west. The area is well-connected to other parts of the city through a network of roads and public transportation. The nearby areas include the famous Park Circus and the upscale residential areas of Ballygunge. The district in which Watganj is located is South 24 Parganas, but it is also part of the Kolkata Municipal Corporation. The area is home to a mix of old and new buildings, and it has a diverse population with various cultural and economic backgrounds.
Region
Watganj
City
Kolkata
District
Kolkata
State
West Bengal
Pincode
700023
Population
27,261
Schools
5
Nearest Airport
Netaji Subhas Chandra Bose International Airport (CCU)
Neighbourhood Insights by
The Good
Watganj benefits from proximity to the Salt Lake Sector V IT hub, generating consistent rental demand from Kolkata's tech workforce
Proximity to Rabindra Sarobar, Victoria Memorial Maidan, or a local park in Watganj provides rare urban green space and a cooler microclimate
National or State Highway proximity gives Watganj a logistical advantage that reduces long-distance commute times significantly
Strong NRI, diaspora, and HNI buyer interest in Watganj sustains resale liquidity and commands above-market valuations
The Bad
Narrow internal roads in Watganj amplify the congestion from nearby market and commercial activity, especially during morning and evening peak hours
A significant share of Watganj's housing stock consists of buildings constructed before 1990; buyers must budget for plumbing, structural, and electrical renovation
Heritage or density norms restrict new high-rise development in Watganj, limiting future supply addition and creating resale market opacity
Aurum Price Index for Watganj
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
₹ 4,592/sq. ft
Average Price Range
₹ 1,700 – 11,800
Trend (5Y)
▲ 47.9%
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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