Villa For Rent In New Colony Mylliem - REELTOR
Data updated: 29 Jun 2026
Among the premium residential destinations in Mylliem, New Colony stands out alongside localities like Radi, Domlinar and Danal Dasilk. There are 50 villas for rent in New Colony, suitable for families and professionals looking for privacy, space and modern living. Choose from 3 BHK, 4 BHK, 5 BHK, 6 BHK configurations available in furnished and unfurnished options.
Nearby Places in New Colony Mylliem
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Airport2 places
1.
Shillong Airport
16.3 km2.
Osmani International Airport
68.85 kmBank5 places
1.
The Meghalaya Co-Operative Apex Bank
1.29 km2.
Meghalaya Rural Bank
1.32 km3.
Ka Bank Jong Ka Baroda Shillong
1.55 km4.
Canara Bank - Nongmynsong
1.59 km5.
Meghalaya Rural Bank
1.68 kmCafe5 places
1.
Mellow Mood Café
0.81 km2.
Shillong Cafes And Restaurants
0.84 km3.
Secret Story Boutique Cafe
1.01 km4.
Dylan'S Café
1.27 km5.
Click Cafe Shillong
1.38 kmColleges5 places
1.
National Institute Of Technology Meghalaya
0.53 km2.
National Institute Of Technology
0.53 km3.
Shillong College
0.72 km4.
St Mary'S College
1 km5.
St Anthony'S College
1.1 kmVegetable Market5 places
1.
Bajrangi Fruit Shop
0.84 km2.
B Paul Vegetable Shop
1.16 km3.
Lapalang Market
2.21 km4.
Deys Fruit
2.47 km5.
Last Stop Market
2.84 kmAirport
2Bank
5Cafe
5Colleges
5Vegetable Market
5Quick Links
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Frequently Asked Questions
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Frequently Asked Questions
What does an independent house or villa cost in New Colony?
Independent houses in New Colony are priced between ₹52 lakh and ₹160 lakh depending on plot size, construction quality, and location. Road-facing or hill-view properties command a premium.
What is the monthly rent for a 2 BHK flat in New Colony?
A 2 BHK flat in New Colony rents for approximately ₹12,000 per month. Rent ranges from ₹8,000 to ₹25,000 based on furnishing, floor level, and proximity to the main road or market.
What are the steps to register a rental agreement in New Colony?
A rental agreement in New Colony should be printed on stamp paper and registered at the Sub-Registrar's office if the lease exceeds 11 months. Both landlord and tenant must bring valid ID proof, address proof, and photographs. The stamp duty calculator at https://meghalaya.gov.in helps estimate applicable charges.
What is the rental yield on residential property in New Colony?
Residential rental yields in New Colony currently average 5.0% per annum. Properties near tourist circuits, colleges, or government offices deliver higher yields due to consistent demand throughout the year.













