Merlin Lakescape: Lakeside Living Redefined in New Town, Kolkata

Why Merlin Lakescape is Important for Buyers & Investors

New Town has evolved into one of the most prominent urban and residential corridors in eastern India. Among the many developments emerging here, Merlin Lakescape stands out as a strong, compelling option for both home-buyers and investors. Its strategic location in New Town Action Area III, lakeside ambience, modern amenities, and the credibility of the developer make it a project worth evaluating deeply.

For buyers, the project addresses several pressing pain points — finding a well-planned community with open greens, securing a home in a developing infrastructure zone, ensuring affordability within a premium corridor, and choosing a project backed by a developer with a proven record. For investors, the project offers multiple value drivers: the growth-oriented neighbourhood, proximity to IT and corporate zones, upcoming metro expansion, and the steady appreciation track of New Town residential pockets.

In this guide, we explore everything about Merlin Lakescape — location, amenities, prices, unit configurations, appreciation potential, legal aspects, lifestyle benefits, and step-by-step advice for buying. Whether you are a family seeking a peaceful home with strong future value or an investor planning for capital gains, this comprehensive blog provides all insights you need.

Key Takeaways on Merlin Lakescape: What You Will Learn from This Guide

Legal & Regulatory Insights

Understand RERA registration, approvals, possession timeline, land details and key compliance factors.

Investment Opportunities

Learn how Merlin Lakescape fits into New Town’s growth story, along with price trends, ROI potential and rental prospects.

Practical Advice

Get clarity on choosing the right unit, comparing floor plans, understanding payment schedules and planning finances.

Location Benefits

Explore why New Town Action Area III is fast emerging as a thriving residential hub with strong infrastructure, lifestyle upgrades and future-forward development.

Project Overview & Developer Credibility

Developer Profile – Merlin Group

Merlin Group has built a strong reputation across four decades for delivering residential and commercial projects across Kolkata and other cities in India. Known for modern design, community-focused planning and timely construction, the group lends credibility and trust to home-buyers who prioritise secure investments and dependable delivery.

Project Overview – Merlin Lakescape

Merlin Lakescape is spread across nearly 4 acres of land in New Town Action Area III. The project includes six residential towers with approximately 11–12 floors, offering 1.5 BHK, 2 BHK and 3 BHK home options. Its lakeside placement and balanced unit mix make it suitable for both families and investors.

Key Highlights:

• Nearly 4 acres of development

• Six residential towers

• G+11 or B+G+12 structures

• 1.5 BHK, 2 BHK and 3 BHK units

• Built-up areas starting from approximately 490 sq ft to around 903 sq ft

• Planned possession around late 2027

• RERA-registered for compliance and transparency

What Makes Merlin Lakescape Unique

• Lakeside ambience offering scenic views and serene surroundings

• Well-planned amenities for families, children and working professionals

• Suitable price range for mid-income families seeking a modern lifestyle

• Strong locational advantage with quick access to upcoming metro stations, IT hubs and educational institutions

Merlin Lakescape at a Glance

Location & Connectivity – Why New Town Matters

Positioning within New Town Action Area III

New Town is a planned township characterised by wide roads, ample green cover, organised infrastructure and strong development discipline. Action Area III, in particular, has seen rapid transformation with new residential clusters, retail zones, healthcare centres and educational institutions coming up steadily.

Merlin Lakescape’s location provides a perfect blend of tranquillity and connectivity. Surrounded by open green views and a large waterbody, it delivers peaceful living while keeping daily conveniences within easy reach.

Connectivity Advantages

• Metro Connectivity: Close to upcoming New Town metro routes, improving future commute convenience.

• IT Hubs: Quick access to IT parks, tech campuses and corporate offices across New Town and Rajarhat.

• Educational Facilities: Numerous schools, colleges and specialised institutions lie within a short drive.

• Healthcare: Top-tier hospitals and clinics are accessible within minutes.

• Recreation & Retail: Malls, theatres, cafés, restaurants and sports facilities enhance lifestyle choices.

Lifestyle Benefits of the Neighbourhood

New Town is designed as a smart city — offering superior infrastructure, pedestrian-friendly zones, cycling tracks, attractive lakefronts, parks and cultural spaces. Residents enjoy a well-rounded lifestyle with better urban planning compared to older city zones.

Future Growth Potential

The surroundings of Merlin Lakescape are still expanding, which means:

• More infrastructure will mature over time

• Property values are expected to appreciate as the township grows

• Growing job opportunities in nearby tech parks boost rental demand

For investors, these are powerful drivers indicating long-term and stable returns.

Unit Mix, Pricing & Financial Insights

Unit Configurations

Merlin Lakescape offers a balanced mix of functional and lifestyle-friendly homes:

• 1.5 BHK – Approx. 490 sq ft (limited availability)

• 2 BHK – Around 662–677 sq ft

• 3 BHK – Around 902–903 sq ft

The sizes are optimised for usability, ventilation and cross-lighting, making them ideal for nuclear families, working couples and young home-buyers.

Price Range & Cost Overview

While prices vary by tower, floor height and view, the general bracket includes:

• 2 BHK homes starting from around ₹62–63 lakhs

• 3 BHK homes in the range of approximately ₹73–90 lakhs

These prices make the project a competitive option in New Town’s growing residential market.

Affordability & EMI Planning

With suitable bank approvals and home-loan partnerships, buyers can finance their purchase comfortably. EMI options typically start from the low thirty-thousand range depending on loan amount and tenure.

Investment Comparison & Value Assessment

These figures indicate that Merlin Lakescape offers competitive pricing, especially given its amenities and location advantages.

Financial Tips for Buyers

• Understand the milestone payment plan before committing

• Check what is included in the base price (car parking, club fees, GST, etc.)

• Compare EMI options across banks to get favourable interest rates

• Keep a 5–10% buffer for eventual interior setup costs

• Evaluate floor-rise charges and view premiums while budgeting

Resale & Exit Strategy

If you plan to sell or rent out the property later:

• Opt for better views (lake-facing units earn premiums)

• Higher floors are more in demand for resale

• Ensure the finishes and common areas remain maintained well

Amenities, Specifications & Lifestyle Features

Modern Amenities for a Balanced Lifestyle

Merlin Lakescape offers numerous lifestyle and wellness facilities, including:

• Rooftop swimming pool

• Children’s pool

• Co-working space for professionals

• Creche facility

• Indoor games room

• Children’s play zone

• Jogging track

• Yoga and meditation deck

• Landscaped gardens

• Banquet hall and community space

• Mini-theatre

• Clubhouse with recreational facilities

These amenities ensure that residents enjoy a complete living experience without needing to step out frequently.

Construction Quality & Specifications

• Flooring: Vitrified tiles across living and bedrooms; anti-skid tiles in bathrooms

• Walls: Smooth internal wall finishes

• Kitchen: Granite countertop, stainless-steel sink, tiled backsplash

• Windows: Aluminium profile windows for durability

• Electrical fittings: Branded switches and concealed wiring

• Safety: Fire-fighting systems, 24/7 security, CCTV surveillance

Why These Features Matter

Good specifications ensure longevity and reduce recurring maintenance costs. For buyers, this means:

• Lower long-term repair expenditure

• Better comfort and convenience

• Stronger resale value

• Higher rental interest

Legal, Regulatory & Risk Considerations

RERA Compliance

Merlin Lakescape is registered under RERA, ensuring:

• Transparency in project timeline

• Clear disclosure of plans and approvals

• Protection against arbitrary changes

• Legal recourse in case of disputes

Possession Timeline

The expected handover is projected around December 2027. Buyers should account for a reasonable buffer, as with any under-construction project.

Title & Approvals

Buyers must verify:

• Land ownership clarity

• Development permissions

• Environmental clearances

• Fire NOC

• Building sanction plans

Construction Progress Monitoring

• Visit the site periodically

• Track tower-wise progress

• Keep documentation of stage completions

• Check for timely completion of amenities and external areas

Risk Assessment

While the project offers strong positives, buyers should be mindful of:

• Market fluctuations

• Delays in infrastructure enhancements

• Rising construction costs across the industry

Investment Outlook & Suitability

Who Should Consider Merlin Lakescape?

• Nuclear families seeking 2–3 BHK modern homes

• Working couples in New Town or Salt Lake IT hub

• Investors focusing on appreciation in emerging corridors

• NRIs seeking managed homes in a planned township

• Retirees wanting peaceful lakeside living with good amenities

Rental Demand

New Town has steady rental demand driven by:

• IT professionals

• Students

• Corporate executives

• Medical practitioners

Homes with lake views and higher floors typically attract better tenants.

Appreciation Potential

• Early-possession projects in New Town have shown steady value rise

• Infrastructure upgrades (metro, IT hubs) will boost future prices

• The lakeside factor gives Merlin Lakescape a lifestyle premium

Holding Period Advice

• Short term (1–2 years): Moderate appreciation

• Medium term (3–5 years): Stronger returns expected

• Long term (5+ years): High potential due to township maturity

Checklist Before Booking Your Home

Due Diligence

• Examine the updated project brochure

• Verify carpet area and usable layout

• Review RERA documentation

• Visit the site to understand access and surroundings

Unit Selection

• Choose orientation based on preferred views

• Higher floors offer better ventilation

• Ensure parking availability

• Check distance to amenities within the complex

Financial Planning

• Analyse payment schedule

• Budget for registration charges, GST, parking and club fees

• Plan EMI structure early

• Keep funds ready for interiors after possession

Post-Booking Steps

• Maintain receipts of all payments

• Track construction updates regularly

• Review agreement clauses relating to possession

• Plan for interior design in advance

How Merlin Lakescape Helped Buyers in Real Life

When 32-year-old Arun Mukherjee from Howrah began searching for a home for his family, he wanted a peaceful environment with modern facilities. His earlier apartment in the city centre offered convenience but lacked open spaces, greenery and long-term investment value. After exploring several options, he discovered Merlin Lakescape.

Arun was particularly drawn to the lakeside setting and the modern layout of the 3 BHK units. He wanted his family to enjoy a better quality of life with access to nature, amenities and safety. After visiting the site and reviewing the floor plan, he booked a higher-floor unit facing the lake.

Over time, he monitored construction progress diligently. The developer’s clear communication and predictable timeline gave him confidence. Today, Arun feels that choosing Merlin Lakescape has enhanced both his lifestyle and his long-term financial planning. He now looks forward to moving into a healthier, greener and well-planned neighbourhood in New Town.

FAQs on Merlin Lakescape

Question: What is the exact location of Merlin Lakescape?

Answer: Merlin Lakescape is located in New Town Action Area III, offering excellent connectivity to IT hubs, metro routes, retail centres, schools and hospitals.

Question: What unit sizes are available?

Answer: The project offers 1.5 BHK (around 490 sq ft), 2 BHK (around 662–677 sq ft) and 3 BHK (around 902–903 sq ft) homes.

Question: What is the possession timeline?

Answer: The project is scheduled for possession around late 2027.

Question: What amenities are offered?

Answer: Amenities include a rooftop pool, clubhouse, mini-theatre, landscaped gardens, co-working zone, crèche, play areas and wellness facilities.

Question: Is it a good investment?

Answer: Yes, due to its location, modern amenities, competitive pricing and future infrastructure upgrades, Merlin Lakescape is well-positioned for appreciation.

Question: What additional charges should buyers consider?

Answer: Buyers must account for registration fees, GST (if applicable), maintenance deposits, club charges, car parking fees and interior costs.

Pro Tip on Merlin Lakescape

For maximum long-term value, choose a lake-facing higher-floor unit. These units tend to appreciate better, offer superior views and attract higher rental income. Also ensure clarity on the payment schedule, any escalation clauses and maintenance costs. Plan your interior work early so you can move in soon after receiving possession.

Conclusion & Next Steps: How to Act on Merlin Lakescape Today

Merlin Lakescape presents an excellent opportunity for home-buyers and investors who want a future-ready home in New Town. Its balance of location, scenic surroundings, lifestyle amenities and developer credibility makes it a standout option in this fast-growing corridor.

Your next steps:

• Schedule a site visit

• Evaluate floor plans and unit placement

• Understand the financial structure and payment plan

• Review legal documents and agreement terms

• Reach out to Get My Ghar for guided assistance, personalised recommendations and best-unit selection

Merlin Lakescape is a project designed for modern living — combining tranquillity, connectivity and long-term value. Taking the next step today could help you secure a beautiful lakeside home in one of Kolkata’s fastest-growing neighbourhoods.