New Town is a planned satellite city of Kolkata, India, West Bengal.
The next best luxury destination in the city. New Town is one of the poshest and most premium localities at the heart of the city. Divided into Action Areas I, II, and III, Action Area I develops as well as compared to other areas in New Town.
Like other areas of Kolkata, the primary form of transportation comprises air-conditioned, non-AC government, and private buses, taxis, as well as other well-known Indian modes of transit including auto-rickshaws and e-rickshaws. As of 2015, New Town is served by or the starting point for 300 buses on 25 distinct bus routes. The Kolkata Metro’s New Garia-Dumdum/Kolkata Airport Line (Line 6), which travels through New Town, is still under construction as of November 2016 and has experienced cost inflation and delays.
There have some eminent builders groups are PS Group, Vinayak Group, Rishi Group, etc. The average land area is between 5 acres – 130 kattahs. Although it’s constantly evolving as investors try to optimize their profits and respond to market demands. 3 BHK is the most common room configuration in the area. The estimated cost for 3bhk on sale is Rs. 69 lacs -Rs. 1.98 Cr.
It came up to quench the thirst for expansion and development. The well-planned satellite city quickly started to garner interest in investments in residential and commercial establishments.
Newtown is certified as the Platinum Green City with integrated land usage. Also, it is the First Indian City to commit to the UN Pledge of striving for efficient green energy by 2030.
The iconic Biswa Bangla Gate today stands as the gateway to the three action areas of Newtown, a landmark that can be easily accessed from any part of the city.
Some renowned projects of the locality: