Is now a good time to buy a property in New Town Kolkata?
Official NHB RESIDEX data puts the average carpet-area price in New Town Kolkata at ₹8,757/sq ft for the quarter ending Jun 2026, up 11.3% from a year earlier. Over five years prices have compounded at +11.3% a year. Annual growth is running 6.0 points above the city's long-run pace of +5.3%.
New Town Kolkata price trend & forecast
Price by home size — Jun 2026
| Up to 646 sq ft (≤60 m²) | ₹8,295/sq ft |
| 646 – 1,184 sq ft | ₹8,708/sq ft |
| Above 1,184 sq ft (>110 m²) | ₹9,734/sq ft |
Frequently asked questions
Is now a good time to buy a property in New Town Kolkata?
As of Jun 2026, our buy-timing signal for New Town Kolkata is BUY — prices are projected to rise about +8.3% over the next 12 months and are not stretched versus their long-run trend, so waiting is likely to cost more. Seasonally, prices tend to be softest around Sep 2026. Buy-timing score: 58/100.
Will property prices in New Town Kolkata go down in 2027?
The model projects +8.3% over the next 12 months: about ₹9,485/sq ft by Jun 2027, with an 80% range of ₹8,746/sq ft–₹10,287/sq ft (today ₹8,757/sq ft). Forecasts are statistical and can be wrong — rates, supply and local events matter.
What is the property price per sq ft in New Town Kolkata?
For the quarter ending Jun 2026, NHB RESIDEX reports ₹8,757/sq ft on average (carpet area): ₹8,295/sq ft for homes up to 646 sq ft, ₹8,708/sq ft for 646–1,184 sq ft and ₹9,734/sq ft above 1,184 sq ft.
What is the cheapest time of year to buy in New Town Kolkata?
Historically, prices in New Town Kolkata run lowest in July–September, about 0.2% below the annual average, and highest in Q4.
Other cities in West Bengal
Source & method
Data: NHB RESIDEX — HPI@Assessment Prices & carpet-area prices (National Housing Bank), quarterly, latest Jun 2026. Page regenerated 2026-10-09 10:32 IST. Signals combine valuation vs the long-run trend, momentum and a damped-trend forecast with seasonal adjustment; the “best price window” is the lowest point of the projected path. BUY = prices projected to rise and not stretched; ACCUMULATE = near fair value; WAIT = a dip is projected; HOT = running well ahead of trend; CAUTION = stretched with fading momentum.