New Launch - India Real Estate Report 2026.

Bazar Sirkiwalan

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Avg. Rate

₹ 5,084/sq. ft

Locality rating icon

Locality Rating

4.1/10

Bazar Sirkiwalan is a historic locality nestled within the bustling Chandni Chowk area of Central Delhi, falling under the postal code 110006. As part of Old Delhi, it lies in the heart of a centuries-old commercial and cultural hub, known for its narrow lanes, vibrant street life, and deep-rooted Mughal-era heritage. The area is primarily a wholesale and retail trade zone, with dense market activity shaping its urban fabric. Positioned close to major landmarks like Jama Masjid and Chawri Bazar, Bazar Sirkiwalan is well-connected through Delhi's oldest road networks and the Delhi Metro. Despite its commercial dominance, residential pockets exist in the form of old havelis and multi-story buildings, though modern real estate development is limited due to heritage regulations and space constraints. Property values remain high due to location, though data on average prices per square foot or 2BHK units is not formally tracked. The locality thrives on its proximity to key markets such as Kinari Bazar, New Krishna Cloth Market, and Manohar Market, making it a preferred destination for traders and small businesses. While infrastructure is aged, essential amenities like schools, hospitals, and religious sites are within walking distance, contributing to its enduring appeal. However, congestion, narrow streets, and limited parking pose challenges for modern urban living.

Region

Chandni Chowk

City

Delhi

District

New Delhi

State

Delhi

Pincode

110006

Population

1,00,000

Nearest Airport

Indira Gandhi International Airport (DEL)

Neighbourhood Insights byPulse AI Logo

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The Good

Excellent connectivity to metro and major transport hubs

Centrally located with access to key markets and landmarks

High footfall area ideal for commercial investment

Locality price index icon

The Bad

Extremely congested with narrow, traffic-choked lanes

Limited residential infrastructure and modern housing options

Ashok Chaat BhandarNear Bazar Sirkiwalan, Chandni Chowk, Central Delhi, Delhi

Aurum Price Index for Bazar sirkiwalan

1BHK2BHK3BHKAll

Normalized to 100 · Oct 2020 baseline

Timeline

Aurum Price Index is based on 10 parameters:

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%)

Rates and Trends

Upper PriceAverage PriceLower Price

Timeline

Average Rate

₹ 5,084/sq. ft

Average Price Range

₹ 2,566 – 9,843

Trend (5Y)

▲ 60.1%

Nearby Neighborhoods

Khush Dil

Khush Dil is a historic locality nestled within the bustling Chandni Chowk area of Central Delhi, operating under the PIN code 110006. As part of one of Delhi's oldest and most vibrant commercial zones, Khush Dil reflects the rich cultural and mercantile legacy of Old Delhi. The area is densely packed with narrow lanes, traditional havelis, and active street markets, contributing to its unique urban fabric. Though primarily known for commerce, it also houses residential pockets that reflect the close-knit community life typical of the region. The locality is surrounded by several well-known neighborhoods such as Kinari Bazar, Dariba Kalan, Chawri Bazar, and Hauz Qazi, all contributing to its dynamic character. Khush Dil lies in the heart of Delhi’s wholesale textile and hardware trade, with proximity to major markets like Bhagirath Palace, New Krishna Cloth Market, and Cloth Market. While modern residential developments are scarce, the area remains a hub for traders, artisans, and long-standing families rooted in the locality for generations. Connectivity in Khush Dil is excellent due to its central location, with easy access to Delhi Metro, major railheads, and arterial roads. However, real estate here is largely composed of aging residential units and mixed-use buildings, with no new residential projects currently underway. Property pricing data is limited due to the absence of formal housing launches, but demand remains steady among those seeking proximity to business centers in Old Delhi.

Avg. Rate

₹ 2,947/sq. ft

Locality Rating

4/10

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Chawri Bazar

Chawri Bazar is a historic locality situated in the heart of Chandni Chowk, Central Delhi, known for its deep-rooted Mughal-era heritage and bustling commercial character. With a PIN code of 110006, it lies within one of Delhi’s oldest and most densely populated urban zones, serving as a vital node in the city’s traditional trade network. The area dates back to the 17th century, originally established as a market for timber and auction houses ('chawris'), which gave the locality its name. Today, it retains much of its colonial and pre-independence architectural fabric, with narrow lanes and old havelis lining its congested streets. Primarily a wholesale market hub, Chawri Bazar is famed for its electronics, electrical goods, and hardware markets, attracting traders and retailers from across North India. It is seamlessly connected to key commercial and religious landmarks such as Jama Masjid, Kinari Bazar, and Dariba Kalan, making it a strategic location for commerce rather than residential living. Despite its commercial vibrancy, the area lacks modern real estate developments, with no ongoing residential projects and limited housing stock, mostly consisting of aging multi-storey buildings and mixed-use properties. Connectivity in Chawri Bazar is excellent due to its central location, with easy access to the Delhi Metro, major roads, and railway stations. However, infrastructure remains strained due to overcrowding and inadequate civic planning. The locality is more suited to business and trade than residential comfort, with property prices and per sq ft rates not formally tracked due to negligible residential transactions. Chawri Bazar remains a symbol of Delhi’s living history, where commerce, culture, and congestion intersect.

Avg. Rate

₹ 27,522/sq. ft

Locality Rating

4/10

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Hauz Qazi

Hauz Qazi is a historic locality nestled within the bustling Chandni Chowk area of Central Delhi, known for its deep-rooted Mughal-era heritage and dense urban fabric. Situated in close proximity to iconic landmarks such as Jama Masjid and the Red Fort, the area reflects the cultural and commercial vibrancy of Old Delhi. Though primarily a residential-cum-commercial zone, Hauz Qazi retains a traditional character with narrow lanes, heritage structures, and a strong sense of community. Its integration into the larger Chandni Chowk network makes it a significant node in Delhi’s historical and socio-economic landscape. The locality is surrounded by prominent markets including Kinari Bazar, Dariba Kalan, and Chawri Bazar, contributing to its identity as a commercial hub for textiles, religious artifacts, and street food. While modern real estate development is limited due to heritage conservation norms and space constraints, existing properties are predominantly older residential units and mixed-use buildings. There are currently no major new residential projects reported in Hauz Qazi, reflecting the area's preservation-focused urban planning. Connectivity in Hauz Qazi is excellent, thanks to its central location and access to key transport arteries like Netaji Subhash Marg and the Delhi Metro’s Chawri Bazar station. The area is densely populated and serves as a vital link between Delhi’s historic core and its modern commercial centers. Despite infrastructural challenges, Hauz Qazi remains a sought-after location for those seeking proximity to Delhi’s cultural landmarks and traditional markets.

Avg. Rate

₹ 2,871/sq. ft

Locality Rating

4.3/10

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Frequently Asked Questions

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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