Kolkata/New Town Rajarhat
Kolkata's Smart Green City, India's Next-Generation Planned IT Township
New Town (officially Rajarhat-New Town, also Jyoti Basu Nagar) is Kolkata's first fully planned satellite city, administered by NKDA (New Town Kolkata Development Authority) and awarded "Solar City" and "Smart Green City" status by the Government of India. Developed over a master-planned area across three Action Areas, New Town has emerged as Kolkata's fastest-growing office micro-market, with gross leasing increasing 3.5-fold from 0.3 MSF in 2022 to 1.03 MSF in 2024, and H1 2025 already achieving 0.43 MSF of absorption (JLL, August 2025). The IT/ITeS sector drives 47% of this demand and BFSI
SEZ
Grade A IT Parks / SEZ Strata / Campus Lease
Managed Office
Managed Offices
Co-working
Coworking Spaces
Nearest Metro Station(s) Netaji Subhas Chandra Bose International Airport (NSCBI), Dum Dum, ~10 km via Biswa Bangla Sarani (VIP Road extension)
IT Services & ITES
Fastest-growing sector; TCS, Cognizant, Capgemini at Candor Tech Space; Infosys and ITC Infotech have launched campuses; LTI Mindtree and Wipro campuses in development
BFSI & Fintech
Bengal Fintech Hub (70 acres) is the most concentrated BFSI campus zone in Eastern India; HDFC, Bandhan, National Insurance already operational
Government & PSU
ONGC, National Insurance, and other PSU offices; NKDA administrative headquarters
Healthcare Technology
Tata Medical Centre (~3 km from Action Area II) anchors a healthcare-tech cluster; several health-tech startups
Education Technology
Amity University (~5 km from Action Area I), multiple prestigious schools nearby, driving edtech sector presence
Candor Tech Space is a notified IT/ITeS SEZ under the Ministry of Commerce, providing full income tax exemptions, duty benefits, and GST input credits. Bengal Silicon Valley Hub includes STPI-registered units. NKDA provides streamlined single-window clearances for commercial project approvals, among the fastest processes in Eastern India. The West Bengal IT Policy provides additional capital subsidies and interest concessions.
Amity University Kolkata (Action Area II, New Town), engineering and management degrees. Delhi Public School New Town, top school driving premium residential demand. Techno India Group and multiple engineering colleges in New Town's periphery. Jadavpur University (~15 km via EM Bypass). IIM Calcutta (~18 km, Joka) is accessible for executive education partnerships. New Town's growing residential population has begun creating a local tech workforce cluster.
New Town's master plan mandates ESG standards for all large commercial developments. Candor Tech Space carries LEED certification. ITC Infotech's campus is built to ITC's global sustainability standards. NKDA mandates rainwater harvesting and solar panels for large commercial projects. New Town is India's only designated "Smart Green City" and "Solar City", making it the most ESG-forward planned commercial zone in Eastern India.
NKDA maintains dedicated power infrastructure with CESC supply and backup substations. All Grade A parks provide 100% DG/UPS backup. New Town's 10.5 km Biswa Bangla Sarani Wi-Fi corridor is India's first smart road connectivity zone; free Wi-Fi and 4G/5G coverage are standard throughout the commercial districts. Multi-provider fibre (Jio, Airtel, BSNL, TATA Tele) ensures enterprise-grade connectivity. The NKDA smart-city command centre monitors infrastructure in real time.