New Market is a market in Kolkata located on Lindsay Street at Free School Street. Although in general "New Market" noted the original enclosed market, these days in nearby parlance, the whole purchasing area is regularly referred to as "New Market". Some of the earliest English quarters of Calcutta had been in an area regarded then as Dalhousie Square. Terretti and Lalbazar nearby have been the standard buying haunts of the British. Later settlements arose in Kashaitola, Dharmatala and Chowringhee.
By the 1850s, British colonists held sway in Calcutta and displayed growing contempt for the "natives" and an aversion to brushing shoulders with them at the bazaars. In 1871, moved through a properly orchestrated outcry from English citizens, a committee of the Calcutta Corporation started out to ponder a market which would be the hold of Calcutta's British citizens. Spurred by means of the committee's deliberations, the Corporation purchased Lindsay Street, made plans to raze the old Fenwick's Bazar located there, and commissioned Richard Roskell Bayne, an architect of the East Indian Railway Company, to layout the Victorian Gothic market complicated which would take its place.