Avg. Rate
₹ 9,351/sq. ft
Locality Rating
4/10
40 Quarter Railway Colony is a historic residential enclave located in the bustling heart of Chandni Chowk, Central Delhi, operating under the PIN code 110006. Developed primarily to house Indian Railways employees and their families, the locality reflects a legacy of colonial-era railway infrastructure and urban planning. Nestled within one of Delhi’s oldest and most vibrant commercial zones, it offers deep-rooted connectivity and proximity to key transport hubs, markets, and cultural landmarks. The area is surrounded by iconic neighborhoods such as Chawri Bazar, Turkman Gate, Hauz Qazi, and the famed Cloth Market, placing residents at the crossroads of Old Delhi’s commercial and spiritual life. Despite its compact layout and limited modern real estate development, 40 Quarter Railway Colony remains a sought-after address for government employees and long-term residents due to its strategic location and community-centric living environment. Real estate in 40 Quarter Railway Colony is largely composed of older, low-rise residential quarters with minimal new construction, resulting in a stable but non-dynamic property market. While there are no large-scale housing projects currently underway, the demand for rental and resale units persists due to proximity to employment centers, educational institutions, and metro connectivity. The locality blends heritage living with urban functionality, though it faces challenges related to congestion and aging infrastructure.
Region
Chandni Chowk
City
Delhi
District
New Delhi
State
Delhi
Pincode
110006
Population
6,000
Nearest Airport
Indira Gandhi International Airport (DEL)
Excellent connectivity via Delhi Metro and major railway stations
Proximity to commercial hubs like Cloth Market and Bhagirath Palace
Established community with strong social fabric among residents
High population density and narrow lanes cause congestion
Limited open spaces and aging infrastructure
Normalized to 100 · Oct 2020 baseline
Timeline
Property Listing Trends
(12%)
RERA Inventory & Sales Velocity
(13%)
IGR Transaction Data
(15%)
Rental Yield
(10%)
Pollution & Environment
(08%)
Infrastructure & Connectivity
(13%)
Social Infrastructure
(08%)
Crimes & Safety
(08%)
Political Stability
(06%)
Corruption & ease of doing business
(07%)
Timeline
Average Rate
₹ 9,351/sq. ft
Average Price Range
₹ 4,784 – 17,959
Trend (5Y)
▲ 59.1%
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The information provided on this page is collated from publicly available resources. PropTech Pulse does not guarantee the accuracy, completeness, or authority of this data and shall not be held liable for any discrepancies. For queries or further assistance, please contact us at pulse@aurumproptech.in


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