New Launch - India Real Estate Report 2026.

Lal Bazar

Avg rate icon

Avg. Rate

4,756/sq. ft

Locality rating icon

Locality Rating

7.2/10

Lal-Bazar is a locality in Kolkata, Kolkata District, and its PIN code is 700001. Located in the heart of the city, it is a densely populated area with a mix of old and new architecture. The locality is known for its narrow streets and alleys, lined with shops, restaurants, and residential buildings. Lal-Bazar is situated in the central business district of Kolkata, which is a major commercial hub. The area is well-connected to other parts of the city through public transportation, including buses and taxis. The locality is also close to several major landmarks, including the Victoria Memorial and the Indian Museum. The Kolkata district, in which Lal-Bazar is situated, is one of the most populous districts in the state of West Bengal, and Lal-Bazar is a significant part of it.

Region

Lal Bazar

City

Kolkata

District

Kolkata

State

West Bengal

Pincode

700001

Population

54,716

Schools

5

Nearest Airport

Netaji Subhas Chandra Bose International Airport (CCU)

Neighbourhood Insights byPulse AI Logo

Locality price index icon

The Good

A lake or water body near Lal Bazar offers scenic amenity and limits high-density development in the immediate catchment

Strong NRI, diaspora, and HNI buyer interest in Lal Bazar sustains resale liquidity and commands above-market valuations

Lal Bazar offers a stable mix of independent houses and apartment complexes catering to multiple budget segments

Locality price index icon

The Bad

A significant share of Lal Bazar's housing stock consists of buildings constructed before 1990; buyers must budget for plumbing, structural, and electrical renovation

Heritage or density norms restrict new high-rise development in Lal Bazar, limiting future supply addition and creating resale market opacity

B.B.D. BagOld Court House Street, B. B. D. Bagh, Kolkata, 700069
EsplanadeEsplanade Row East, Esplanade, Kolkata, 700069
EsplanadeChowringhee Road, Esplanade, Kolkata, 700001
Esplanade Bus Stand to Airport (line VS2)Dufferin Road, Esplanade, Kolkata, 700001
Babughat bus standStrand Road, Esplanade, Kolkata, 700021

Aurum Price Index for Lal bazar

1BHK2BHK3BHKAll

Normalized to 100 · Oct 2020 baseline

Timeline

Aurum Price Index is based on 10 parameters:

Property Listing Trends

(12%)

RERA Inventory & Sales Velocity

(13%)

IGR Transaction Data

(15%)

Rental Yield

(10%)

Pollution & Environment

(08%)

Infrastructure & Connectivity

(13%)

Social Infrastructure

(08%)

Crimes & Safety

(08%)

Political Stability

(06%)

Corruption & ease of doing business

(07%)

Rates and Trends

Upper PriceAverage PriceLower Price

Timeline

Average Rate

4,756/sq. ft

Average Price Range

1,75012,250

Trend (5Y)

48.5%

Nearby Neighborhoods

Bow Barracks

Bow-Barracks is a locality in Kolkata, Kolkata District, and its PIN code is 700069. Situated in the heart of the city, it is a densely populated area with a mix of residential and commercial establishments. The locality is surrounded by major roads and highways, making it easily accessible from other parts of the city. The area is home to several schools, colleges, and hospitals, catering to the needs of its residents. The local economy is driven by various industries, including manufacturing, services, and retail. The Kolkata District administration provides basic amenities and services to the residents, including water supply, electricity, and waste management. The locality has a diverse population with people from different cultures and backgrounds, contributing to its vibrant and dynamic atmosphere.

Avg. Rate

2,618/sq. ft

Locality Rating

7.2/10

Explore Neighbourhood

Tiretti

Tiretti is a locality in Kolkata, Kolkata District, and its PIN code is 700073. Located in the South 24 Parganas district of West Bengal, India, this area is known for its residential properties and commercial establishments. The locality is situated near the banks of the Hooghly River, which adds to its scenic beauty. The local economy is driven by small-scale industries, retail shops, and service-based businesses. Residents of Tiretti have access to various amenities such as schools, hospitals, and public transportation. The area is also connected to other parts of Kolkata through a network of roads and highways, making it a convenient place to live and work. Overall, Tiretti is a typical urban locality with a mix of residential and commercial activities.

Avg. Rate

4,424/sq. ft

Locality Rating

7.2/10

Explore Neighbourhood

Pilkhana

Pilkhana is a locality in Kolkata, Kolkata District, and its PIN code is 700012. It is situated in the Indian state of West Bengal and falls under the jurisdiction of the Kolkata Municipal Corporation. The area is known for its residential and commercial properties, with a mix of old and new buildings. Pilkhana is connected to the rest of the city through a network of roads and public transportation. The locality is also home to various educational institutions, including schools and colleges. The nearby Howrah Bridge and Sealdah railway station provide easy access to other parts of the city. The area is surrounded by other localities such as Beliaghata and Ballygunge, and is part of the South 24 Parganas district, which is a part of the Kolkata metropolitan area.

Avg. Rate

4,355/sq. ft

Locality Rating

7.2/10

Explore Neighbourhood

B B D Bagh

B-B-D-Bagh is a locality in Kolkata, Kolkata District, and its PIN code is 700001. It is located in the central part of the city, surrounded by several other localities and commercial areas. The locality is known for its residential properties, including apartments and independent houses, which cater to the needs of various income groups. The area is well-connected to other parts of the city through a network of roads and public transportation systems. The nearby Park Circus area provides access to shopping and entertainment options, including restaurants, cafes, and movie theaters. The locality is also close to several educational institutions and healthcare facilities, making it a popular choice for families and professionals. The district in which B-B-D-Bagh is located is Kolkata, which is a major urban hub in West Bengal, India.

Avg. Rate

3,348/sq. ft

Locality Rating

7.2/10

Explore Neighbourhood

Barabazar Market

Barabazar-Market is a locality in Kolkata, Kolkata District, and its PIN code is 700007. Located in the central part of the city, it is a densely populated area with a mix of residential and commercial properties. The locality is situated near the famous Barabazar, a major wholesale market in Kolkata. The area is well-connected to other parts of the city through a network of roads and public transportation. The nearby Howrah Bridge and Sealdah Railway Station provide easy access to other parts of the city and the state. The district in which Barabazar-Market is located is South 24 Parganas, which is a part of the larger Kolkata Metropolitan Area. The locality has a diverse population with a mix of cultures and communities.

Avg. Rate

4,645/sq. ft

Locality Rating

7.2/10

Explore Neighbourhood

Frequently Asked Questions

The information provided on this page is collated from publicly available resources. PropTech Pulse does not guarantee the accuracy, completeness, or authority of this data and shall not be held liable for any discrepancies. For queries or further assistance, please contact us at pulse@aurumproptech.in

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