Machuabazar
Avg. Rate
₹ 4,417/sq. ft
Locality Rating
7.2/10
Machuabazar is a locality in Kolkata, South 24 Parganas district, and its PIN code is 700007. Located in the southern part of the city, Machuabazar is a densely populated residential area with a mix of old and new buildings. The locality is known for its narrow streets and alleys, lined with shops, restaurants, and street vendors. It is also home to several schools, hospitals, and community centers, catering to the needs of its residents. The area is well-connected to other parts of the city through public transportation, including buses and taxis. Despite its crowded conditions, Machuabazar has a vibrant atmosphere, with people from all walks of life living and working together. The locality is also close to the famous Diamond Harbour Road, which connects it to the rest of the city.
Region
Machuabazar
City
Kolkata
District
Kolkata
State
West Bengal
Pincode
700007
Population
18,371
Schools
5
Nearest Airport
Netaji Subhas Chandra Bose International Airport (CCU)
Neighbourhood Insights by
The Good
Machuabazar's educational cluster generates consistent housing demand from students, faculty, and research professionals
A multi-speciality hospital within Machuabazar significantly improves emergency medical response for residents
National or State Highway proximity gives Machuabazar a logistical advantage that reduces long-distance commute times significantly
Strong NRI, diaspora, and HNI buyer interest in Machuabazar sustains resale liquidity and commands above-market valuations
The Bad
A significant share of Machuabazar'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 Machuabazar, limiting future supply addition and creating resale market opacity
Aurum Price Index for Machuabazar
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
Timeline
Average Rate
₹ 4,417/sq. ft
Average Price Range
₹ 1,650 – 11,400
Trend (5Y)
▲ 48.9%
Nearby Neighborhoods
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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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