Introduction
New Town is a rapidly developing planned satellite town on the eastern outskirts of Kolkata. It's a smart city designed with modern infrastructure supported by green urban design. It has wide roads, green parks, residential towers, IT parks, educational hubs, and shopping districts, making it among the best residential and business locations in Kolkata.
Neighbourhood & Connectivity
New Town has excellent connectivity with the rest of Kolkata by the Eastern Metropolitan Bypass (EM Bypass) and the upcoming New Town Metro line. Netaji Subhas Chandra Bose International Airport is a few minutes' drive away, and it is well served by buses and taxis. Its proximity to other major IT parks and business areas also makes it a favorite amongst working professionals.
Landmarks & Essential Services
The zone boasts of some prominent landmarks such as the Eco Park, Bengal Silicon Valley Tech Hub, and International Convention Centre. There are basic amenities that include world-class schools such as DPS New Town and Gateway International School, premium healthcare facilities such as AMRI Hospital, and luxury shopping malls such as Axis Mall, which offer all the comforts a resident could possibly desire.
Apartments, Villas & Plots in New Town
New Town offers a diverse portfolio of properties to cater to varying tastes and pockets. From high-rise apartments, villa complexes with gates, to plotted development, there are residential properties to suit all. Properties by established developers like Bengal Peerless and Shrachi Realty offer modern amenities and green buildings, hence making them appropriate for families, investors, and IT professionals.
Real Estate Appreciation & Investment Potential
New Town has experienced robust real estate development in recent years due to its good location, infrastructural development, and governmental policies. The property values have always appreciated due to the upsurge in IT businesses, educational centers, and civic amenities. High rental yields and long-term value appreciation make it an attractive investment option.
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