HIDCO to E-Auction 10 Residential Plots in New Town

New Town | January 15, 2026

The state government has announced the e-auction of 10 residential plots in New Town, aimed at boosting housing development in the fast-growing township.

The plots will be auctioned by West Bengal Housing Infrastructure Development Corporation (WBHIDCO) on a freehold basis for residential use.

Growing Housing Demand in New Town

The township has a planned population of 10 lakh and an estimated floating population of 5 lakh, based on officials who emphasized New Town‘s long-term urban planning framework, reported by the Times of India.

At present:

• Around 12,000 dwelling units have already been constructed
• Nearly 16,000 dwelling units are under construction

Who Can Participate?

HIDCO has invited bids from:

• Eligible corporate bodies registered under the Companies Act
• Registered trusts
• Registered societies

The move is expected to attract major real estate developers and institutional housing players.

Location & Plot Details

According to authorities, New Town Action Area II contains all ten of the residential plots designated for an online auction.

Key details at a glance:

• Location: Action Area II, New Town
• Plot size: 1,500 sq m to 2,000 sq m each
• Total land area: Approximately 4.7 acres
• Auction schedule: Expected to happen on 12th and 13th February, 2026, 12 pm onwards.

The plots have been set aside solely for residential development, according to officials.

What This Means for the Township

Urban planners believe the fresh allocation of residential land will:

• Support planned housing growth
• Encourage organised real estate development
• Strengthen New Town’s position as a key residential hub in the Kolkata Metropolitan Area

You can access further details regarding auction dates, reserve prices, and bidding procedures at the tender section of the HIDCO website.

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