Avg. Rate
₹ 13,200/sq. ft
Locality Rating
4/10
Bank Colony is a residential locality situated within the larger Sangam Vihar area in South Delhi, falling under the postal code 110080. It is part of the densely populated southern periphery of the National Capital Territory, known for its compact housing and vibrant community life. The area primarily consists of independent homes, low-rise residential blocks, and mixed-use developments catering to middle- and lower-income groups. Its integration within the Sangam Vihar sub-city gives it access to established civic networks despite limited large-scale real estate projects. The locality is surrounded by a cluster of named chowks and blocks such as Musaafir Chowk, Siddique Chowk, Gupta Colony, and Block M 2, reflecting its organic urban development pattern. While formal infrastructure is modest, essential services including local markets, schools, and transport links are accessible within short distances. Bank Colony benefits from proximity to major arterial roads like the Outer Ring Road and Mathura Road, facilitating connectivity to central and south Delhi. Real estate in Bank Colony remains largely composed of resale properties and privately developed housing, with no major recorded residential projects currently listed. Property pricing data is sparse due to limited transactions in organized formats, though demand persists owing to affordable housing options in a well-connected zone. The area continues to evolve as part of Delhi’s expanding southern residential belt, with gradual improvements in roads, utilities, and community amenities.
Region
Sangam Vihar
City
Delhi
District
New Delhi
State
Delhi
Pincode
110080
Population
Estimated population of Bank Colony is between 15,000–20,000 residents, based on Sangam Vihar's overall density and ward-level census extrapolations from the 2011 Census.
Nearest Airport
Indira Gandhi International Airport (DEL)
Easily accessible from major employment hubs in South and Central Delhi
Close-knit community with active local markets and daily needs shops
Served by DTC buses and auto-rickshaws with frequent connectivity to metro
Limited green spaces and open recreational areas
Congested lanes and inadequate pedestrian pathways
Timeline
Average Rate
₹ 13,200/sq. ft
Average Price Range
₹ 4,500 – ₹ 16,150
Trend (5Y)
▲ 55%
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