Overview of City Centre Newtown, Kolkata

City Centre Newtown, in the Rajarhat-New Town area of Kolkata, is a bustling region blending residential, commercial, and recreational areas. Let's explore what it offers in the real estate market.

Location and Accessibility

• City Centre Newtown is close to landmarks such as Biswa Bangla Gate, Axis Mall, and Novotel.
• It connects well to other parts of Kolkata via roads and public transport, including airport access and other major areas.

Property Prices and Trends

• The average price per square foot in New Town is ₹6,208, with variation by area. For instance:
  • Action Area 1: ₹8,206 - ₹19,910 per sqft
  • Action Area 2: ₹7,227 - ₹13,478 per sqft
  • Chakpachuria: ₹7,335 - ₹14,781 per sqft
• Property prices have slipped by 4.42% over the past year. This might be good for those considering a purchase.

Types of Properties Available

• Residential Options:
  • 1 BHK, 2 BHK, 3 BHK flats, and more
  • Houses and villas available
  • Both furnished and unfurnished properties.
• Commercial Options:
  • Offices
  • Rooms for restaurants, pre-schools, and other commercial ventures.

Amenities and Infrastructure

• Near shopping malls, including Axis Mall
• Close to healthcare, like a 103-bed hospital
• High-end features like furnished flats, marble, and branded goods
• Roads and infrastructure are well-developed with projects in areas that offer all four road accesses.

Development and Future Prospects

• This area is a planned city with continuous development, ensuring better infrastructure and amenities.
• Projects here are near major landmarks, increasing appeal and growth potential.

PropertyWala's Conclusion

City Centre Newtown blends residential comfort, commercial prospects, and good connectivity in Kolkata. With various property types at different price points, it suits investors and buyers. With changing prices and ongoing development, now’s an attractive time for considering this area. Whether for a luxury home or a strategic commercial spot, City Centre Newtown has it all.