What is the id in details?
2996
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- Kolkata
- New Town Action Area II
- Property Rates in New Town Action Area II
Property Rates in New Town Action Area II, Kolkata
Comprehensive Market Snapshot
- Asking Sale Price₹ 6,438 /sq.ft
- Average Rental₹ 27 /sq.ft
- Rental Yield5.03 %
Insights for New Town Action Area II, Kolkata Real Estate Market
New Town Action Area II in Kolkata is a developing market with an average asking price of ₹6,438 per sq ft for apartments. The price trend indicates a fluctuating but generally upward trajectory, with projections suggesting ₹6,438 per sq ft by March 2026. The rental market is active, boasting a rental yield of 5.03% and an average rental rate of ₹27 per sq ft. Specifically, 3 BHK apartments are fetching around ₹24,855 per month, highlighting strong rental demand for family-sized units. The property status shows a significant presence of Ready To Move inventory at ₹6,252 per sq ft, alongside Mid Stage and New Launch projects.
- Apartments in New Town Action Area II are averaging ₹6,438 per sq ft, reflecting a 3.44% rise.
- The rental market offers a solid yield of 5.03%, with an average rental rate of ₹27 per sq ft for apartments.
- Rents for 3 BHK apartments are approximately ₹24,855 per month, indicating a strong rental demand for larger units.
- Price trends show a projected increase, reaching ₹6,438 per sq ft by March 2026.
- Ready To Move properties are a significant segment, averaging ₹6,252 per sq ft.
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Property Price Trends in New Town Action Area II, Kolkata
Asking Price Trends
The asking price for properties in New Town Action Area II, Kolkata, has seen fluctuations. After a dip in June 2025 to ₹7,911 per sq ft, prices are projected to recover, reaching ₹6,224 per sq ft by December 2025 and further to ₹6,438 per sq ft by March 2026. This indicates a market anticipating growth and stabilization.
Price Trends by Property Type
In New Town Action Area II, Kolkata, the real estate market is predominantly characterized by apartments, which currently average ₹6,438 per sq ft. This segment has experienced a notable increase of 3.44%, signaling growing demand and value appreciation for residential apartments in the area.
Price Trends by Project Status
New Town Action Area II offers properties across various stages of development. Ready To Move units are the most prevalent, averaging ₹6,252 per sq ft with a slight increase of 3.48%. Mid Stage projects are available at ₹4,999 per sq ft, showing modest growth, while New Launch projects are priced at ₹5,064 per sq ft with a marginal decrease. Early Stage properties are also present, averaging ₹4,901 per sq ft.
Price Trends by Localities
New Town Action Area II's property rates are influenced by its surrounding micro-markets. While the immediate area averages ₹6,438 per sq ft, nearby New Town commands a higher ₹8,405 per sq ft, indicating a premium for the broader New Town locality. Other areas like Gouranganagar and Rekjuani are significantly more affordable, averaging ₹3,760 and ₹3,558 per sq ft respectively. This disparity suggests New Town Action Area II offers a middle ground, with adjacent areas like New Town Action Area 1 (₹7,013 per sq ft) and Rajarhat New Town (₹7,768 per sq ft) presenting slightly higher price points.
Project and Developer Insights
Top Projects by Listing Rates
Several projects in New Town Action Area II are setting benchmarks for asking prices. Bengal Greenfield Ambition leads with a current rate of ₹7,340 per sq ft, a modest increase of 1.65%. Rishi Ecoview follows closely at ₹7,333 per sq ft, showing a 2.15% rise. Stand Alone is notable for its significant 46.65% surge to ₹5,938 per sq ft, while Realtech Maple Wood is stable at ₹5,365 per sq ft. Curio City has seen a decrease of 17.36%, now priced at ₹5,284 per sq ft.
Top Projects by Rental Rates
Among the rental projects in New Town Action Area II, Ambuja Ecospace Residencia stands out with a rental rate of ₹32 per sq ft. Bengal Green Homes offers a more accessible rate at ₹24 per sq ft. Both projects show stable rental performance with no reported year-on-year change.
Property Rental Trends in New Town Action Area II, Kolkata
Rental Trends by Unit Type
In New Town Action Area II, the rental market shows a clear demand for family-sized units, with 3 BHK apartments averaging ₹24,855 per month. This focus on larger configurations highlights a key segment for rental investors.
Rental Trends by Nearby Localities
Within the New Town Action Area II vicinity, rental rates vary. Nearby New Town averages ₹24 per sq ft, while New Town Action Area 1 sees rents at ₹23 per sq ft, both showing positive year-on-year growth. Rajarhat New Town and Rajarhat are priced at ₹25 per sq ft, with Rajarhat experiencing a 4.17% increase. Further afield, Salt Lake City commands higher rents at ₹28 per sq ft.
Rental Trends by Property Type
Apartments in New Town Action Area II are the primary focus for rentals, averaging ₹27 per sq ft with no reported change year-on-year, indicating a stable rental market for this property type.
FAQs about Property Rates in New Town Action Area II, Kolkata
What is the name in details?
New Town Action Area II
What is the micro market id in details?
107
What is the micro market name in details?
East Kolkata
What is the city id in details?
9
What is the city name in details?
Kolkata
What is the di url in details?
/property-rates/new-town-action-area-ii-kolkata
What is the type in details?
LOCALITY
What is the asking price in market overview?
₹6,438 per sq ft
What is the change percentage in market overview?
3.44
What is the registration rate in market overview?
₹0 per sq ft
What is the listing count in market overview?
0
What is the quarter name in price trend?
Mar 2026
What is the location rate in price trend?
6438
What is the micromarket rate in price trend?
7344
