Avg. Rate
₹ 9,262/sq. ft
Locality Rating
4.2/10
Chandni Mahal is a historic locality situated in the heart of Old Delhi, within the bustling Chandni Chowk area. It lies in Central Delhi and shares the 110002 PIN code, serving as a micro-neighborhood within one of the city’s oldest and most densely populated zones. Developed during the Mughal era, the area reflects traditional urban planning with narrow lanes, heritage structures, and a vibrant street life. Its proximity to iconic landmarks like Jama Masjid and Red Fort adds to its cultural and historical significance. The locality is deeply embedded in the commercial and religious fabric of Delhi, surrounded by markets such as Meena Bazaar, Dariba Kalan, and Kinari Bazaar, which cater to jewelry, textiles, and religious goods. Despite its age, Chandni Mahal remains densely inhabited and functions as a residential-cum-commercial hub with mixed-use buildings. However, modern real estate development is minimal, with no new residential projects reported in recent years. Connectivity in Chandni Mahal is excellent due to its central location, with access to key roads, the Delhi Metro, and major railway stations. The area is primarily composed of older housing stock, with property values influenced more by location than infrastructure. Residents benefit from proximity to essential services, though living conditions can be challenging due to congestion and limited civic amenities.
Region
Chandni Chowk
City
Delhi
District
New Delhi
State
Delhi
Pincode
110002
Population
50,000
Nearest Airport
Indira Gandhi International Airport (DEL)
Excellent connectivity to metro, rail, and road networks
Proximity to major religious and tourist landmarks
Thriving local commerce and daily market access
Overcrowded and congested streets with limited parking
Lack of modern housing and real estate development
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
₹ 9,262/sq. ft
Average Price Range
₹ 4,418 – 18,921
Trend (5Y)
▲ 69.7%
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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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