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- New Market
New Market, Chattogram
New Market area is arguably the largest commercial place in Chattogram City. The ‘Biponi Bitan’ market (this is from where the ‘New Market’ name came from) was established in 1954 with some 450 shops at that time. So, from the very start, it attracted a lot of people from around the city for shopping purposes. With the increasing popularity of the market, people started calling the surrounding area of the market as ‘New Market’.
The market can be reached easily from many sections of the city due to its strategic location near the center of Chattogram. Its proximity to the city's main business districts and the Chattogram Railway Station increases both its visibility and foot traffic.
The surrounding area is now used mainly for commercial purposes. So, you will find lots of hotels, restaurants, other shopping complexes and local shops around it. As transportation is readily available from any part of the city to New Market, it is a very busy area. Especially during the month of Ramadan, you will struggle to find even a small place to stand still.
City Insights
It is situated just beside the Chattogram Railway Station. New Market is solely used for commercial purposes.People from a diverse culture gather here to perform commercial transactions. The rapid development is threatening the cleanliness of this area and other biodiversity. The transportation systems are good and modern facilities are available. But one may have to frequently face traffic jams in this area.Known Landmarks
Jamidar Hazi Shariatulla Bari
Shahid Kamal Uddin Chattor
New Market Circle
Laldighi
Connectivity
Bus Routes
Nearest Train Stations
New Developments
There are no upcoming developments in this area currently.
What’s great here?
You can travel to literally every part of Chattogram City from New Market. Roads connecting to every part of Chattogram are available here.Hospitals, Shopping Malls, Parks and Recreational Places - all are available in New Market Circle. We can say that New Market is safe enough for local residents to live a peaceful life and the crime rate of this area is low as wellAs this place is situated very close to the port of Chattogram, people from diverse cultures and preferences live here.
What needs attention?
Efficient public transportation and effective traffic management. More residential development.Sometimes, the rickshaws are too reckless and cause accidents on the road. More green areas. The Sewerage system. Neighbourhood Rating
4.1
Neighbourhood Rating
4.1
Property Price Trends in New Market for
