Flats in New Town: The new favorite of Kolkatians - PS Group
By Pratik Balasaria

Introduction

Developed as off-springs to major cities, satellite cities are smaller municipal areas located on the outskirts of a major city and are well connected. New Town, Kolkata is an example of one such Satellite City on the North Easter frontiers of Kolkata. Built with great professional expertise and civic planning conducted by the New Town Kolkata Development Authority, New Town has expanded to meet the growing demand for homes in Kolkata in a structured, organized way.

Popular among current and prospective residents for its rapidly growing residential and commercial market, New Town is emerging as a preferred destination by Kolkatians. The area offers all that you desire from a city center along with a more balanced pollution-free, open, and green lifestyle. Flats in New Town, Kolkata is the right choice for you, if you desire a greener city center.

flats in newtown
Multi-sport game court at One10

Why is New Town an emerging residential area in Kolkata?

New Town is primed to be the next residential hub in the city owing to the several development initiatives taken by the state government in the late 1990s. Let’s glance through some key differentiating factors that give Newtown Kolkata an edge.

Internal Connectivity

Easy accessibility and transportation is one factor that inevitably adds to the desirability appeal of any area. Part of the Kolkata Metropolitan Region and located in the North 24 Parganas District of the city, New Town is a well-connected planned city from within as well as from the adjacent areas surrounding it. The area has a list of expansive roads such as Biswa Bangla Sarani Road, New Town Road, et cetera connecting the vast expanses of the area to different corners of the city.

The ever-growing popularity of the region can be accredited to the area’s tremendous transportation services network. Over 300 bus routes originate at or pass-through the New Town bus stand making this satellite city one of the better-connected localities in the city of joy. Moreover, these bus routes include a mixed range of air-conditioned and non-air-conditioned buses thereby allowing convenience and comfort for all commuters that frequent this area.

External Connectivity

New Town is located at a distance of 11kms from the Netaji Subhash Chandra Bose International Airport and 14kms from Kolkata Railway Station making it reasonably comfortable for residents who travel out of the city often. Both the airport and railway station are connected to New Town through Taxis, Auto-Rickshaws, and E-Rickshaws.

Apart from this, the projected development plans for the Kolkata Metro Project incorporate the newly proposed New Garia-Dum Dum/Kolkata Airport line which passes New Town; this development will further add value to the connectivity aspect of the area.

Civic Services

As a planned satellite city, New Town is gathering popularity due to its superior civic services as compared to other older parts of the city. To put it simply, civic utility services are an addition to the prestige of any locality as they determine the livability aspect of that locality. Since New Town is a planned development created with the idea of containing the population spillover from the main city, the infrastructure of the city has been thoughtfully planned to accommodate the needs of the growing number of residents.

Starting from 100% garbage disposal, door to door waste collection systems, drainage systems, cleaning services, efficient water treatment, and management services – New Town is well-equipped to take care of the sanitation and cleanliness across its various commercial and residential units.

Moreover, the governing body for New Town, namely the New Town Kolkata Development Authority and the New town police station keeps a watchful eye on the area to ensure a proper law and order network, electrical supply services, and widely available emergency fire and medical services in the area.

Social Infrastructure

New Town presents an interesting social profile for any incoming resident. This area includes a rich base of social infrastructure to cater to the needs of the people of the area. To fulfill any medical needs, New Town counts notable hospitals like the Charnock Hospital, Tata Medical Center, Ohio Hospital as some of the more distinguished establishments in the area, additionally, the area is well-endowed with standalone clinics and dispensaries to take care of general health concerns.

As far as education is concerned, the area has many established schools, and institutions like DPS New Town, Techno International, The New Town School, and Aliah University.

Lastly, the area has many sprawling malls and entertainment centers that cater to the recreational and entertainment needs of the locality. New town action area 1, in focus, is famous for its retail attractions; DLF Galleria, Aquatica Water Park, Axis Mall New Town, and Garuda mall Yelahanka New Town are a few examples of the same.

Hospitality

The sprawling satellite city has many food and beverage establishments to appease its young residents. Specifically, Rajarhat New town is famous for its wide array of cuisines, lively setups, and thriving social gatherings. A few authentic Bengali and fusion restaurants in New Town attract hordes of customers from across the city. For travelers that are visiting the city for work or leisure, there are several good choices of two, three, and four-star hotels near new town Kolkata that can accommodate people with different tastes and spending power.

IT Parks

New Town features a whole host of IT parks, commercial complexes, and corporate parks that are home to some of the biggest corporations in India and around the world. Ecospace IT Park, DLF IT Parks, Unitech Infospace, Candor Techspace and Gitanjali Park enclose commercial office spaces totaling a few million sq.ft and employ a few lakh people directly and indirectly.

Due to the development of this employment hub, there are many IT professionals constantly on the lookout for flats in New Town Kolkata for rent or sale. Fresh out of college graduates and management trainees search for rental flats in New Town Kolkata around the year. Experts say that the demand for 2bhk flat at New Town is poised to rise exponentially as the area develops further and more corporates move in.

Demographics

When understanding the entirety of any locality or neighborhood, understanding the population demographics of the area is highly critical. It helps understand the background of the area and how suitably appropriate will it be for you and your needs. It is safe to conclude that New Town because of its location, population demographics, and services at offer is a destination that is being favored by young couples, nuclear families, a rather varied floating population, and the service class.

The proximity and connectivity of New Town to neighboring commercial districts such as Rajarhat, Salt Lake, and Lake Town add to the popularity of this region. Along with this population demographic, New Town is also home to a small percentage of Bengali families that have been residing here for generations.

New Town Flat: what to expect

Configuration

As far as size goes, most residential real estate data indicates that approximately 90% of the total supply of residential homes in New Town are 2BHK and 3BHK homes; hence, if you’re looking for a flat in this area, you will be spoilt for choice! This satellite city boasts of a versatile supply of these homes in the form of multi-story residential projects in the area that offer variable size flats within the same complex.

If you’re looking for affordable 2BHK to 3BHK that range between 600 sqft. to 700 sq.ft. More spacious variations of 2BHK and 3BHK homes in complexes with world-class amenities can be sprawled over 800 sqft. and 900 sqft. respectively. In addition, New Town also offers exemplary 4BHK luxury homes with lavish master suites and double terraces that fall in the range of 1000 sq.ft to 1200 sq.ft.

Price Range

Depending on location, sizing, builders, amenities you can find properties for every individual need. The pricing for flats in New Town starts at INR 2500 per sq.ft and goes up to INR 5950 per sq.ft.

Most upcoming 2BHK Flats in New Town begin at INR 25L and go up till an approximate total of INR 1.3cr. Similarly, a 3BHK Flat in New Town can cost you anything upwards of INR 35L and can go up till INR 2.4cr. depending on the quality of construction, location and overall size of the flat. Lastly, a 4BHK Flat in New Town Kolkata can range from anywhere between INR 74L to INR 3.2cr.

The average rental prices for homes in New Town Kolkata are set INR 16500 to INR 80000 depending on the size and location of the home. It’s advisable to take these factors into consideration and make a checklist of your needs to ease your search.

Amenities

When it comes to amenities and inclusions, residential developers in Kolkata ensure that they leave no stone unturned. Infact, certain state-of-the-art facilities in a few high end projects such as expansive lakes and ponds are comparable to, if not better than, world-class condominium projects abroad.

Amenities common to most residential projects in New Town include Green and Clean breathing spaces, High-tech gymnasiums and clubhouses, swimming pools, outdoor and indoor sports facilities, high-level security services. Luxury Developers in New Town focus on the ecological and beautification aspect of their project, in addition to amenities such as on-demand valet and 24-hour concierge services.

Upcoming flats in new town kolkata for sale by PS Group

ONE10

PS ONE10 is a modern and well designed residential project on offer by PS Developers in Kolkata. The project offers spacious 2 and 3 BHK homes at affordable prices with state of the art amenities like game rooms, Olympic size swimming pool, and daycare services among the least.

Cost and Specifications: The price of a 2BHK sized at 600 sq.ft begins from 66L while a 3 BHK is available for 80L onwards.

Amistad

Winner of the Best Upcoming Mid-segment Residential project of the Year at the Credai Bengal Realty Awards’2018. PS Amistad is a residential project with 3BHK homes on offer. The project conceptualizes urban living and has a range of amenities and services available for its residents.

Cost and Specifications: The project offers 700 sq.ft and 900sq.ft 3BHK homes priced at 68L onwards.

flats in newtown
Amistad – Newtown action area 2

The Soul

As the name suggests, The Soul by PS Developers is a project aimed at soothing your soul by satisfying your physical and physiological health. The Soul houses spacious 2, 3, and 4 BHK homes at an attractive price tag.

Cost and Specification: 2BHK homes with a carpet area of 609 sq.ft are priced at 50L. Similarly, 3BHK homes with a carpet area of 700sq.ft to 950sq.ft are priced from 55L to 75L respectively.

Conclusion

The city’s ever-expanding boundaries have led to the emergence of this pristine locality, which is New Town. Yet in its early stages of development, the locality has a lot and then some more to offer to people interested. Catering to the needs of a varied, yet unified demographic, the length and breadth of New Town have a desirability aspect to it that is still hard to match. Up and coming splendid new projects offering quality and sizable homes with attractive and affordable price tags along with the luxury of a range of amenities on offer is a no brainer.

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