Avg. Rate
₹ 13,200/sq. ft
Locality Rating
4/10
Clock Market is a historic and bustling commercial locality situated in the heart of Chandni Chowk, Central Delhi. It lies within the larger fabric of Old Delhi and shares its pincode 110006 with several adjoining markets and residential pockets. The area is deeply embedded in Delhi's Mughal-era urban layout, known for its dense network of narrow lanes, heritage structures, and vibrant street life. Though primarily commercial, Clock Market functions as a transit hub for traders, shoppers, and commuters navigating through one of India’s oldest and most iconic urban markets. The locality derives its name from a prominent clock tower that once served as a landmark for traders and travelers in the 20th century. Today, Clock Market is surrounded by a mosaic of specialized markets including Kinari Bazar, Bhagirath Palace (for electrical goods), and New Krishna Cloth Market, making it a vital node in Delhi’s wholesale trade ecosystem. Despite its commercial dominance, limited residential pockets exist in upper floors of mixed-use buildings, though formal housing projects are absent. Real estate in Clock Market is largely restricted to old, aging multi-story buildings with minimal modern amenities. There are currently no new residential developments or plotted housing, reflecting the area’s focus on commerce over residential living. Property values are influenced more by commercial leasing demand than residential ownership, and average per-square-foot pricing data is not widely tracked due to the absence of formal housing projects.
Region
Chandni Chowk
City
Delhi
District
New Delhi
State
Delhi
Pincode
110006
Population
The population of Clock Market is not officially recorded separately but is part of the Chandni Chowk assembly constituency, which had an estimated urban population of over 250,000 as per 2011 Census data; Clock Market itself likely hosts a few thousand residents in mixed-use buildings.
Nearest Airport
Indira Gandhi International Airport (DEL)
Excellent connectivity to major transport hubs in Delhi
Centrally located within Delhi’s historic commercial belt
High footfall supports strong retail and rental demand
Extremely congested with heavy vehicular and pedestrian traffic
Lack of modern residential infrastructure and green spaces
Timeline
Average Rate
₹ 13,200/sq. ft
Average Price Range
₹ 4,500 – ₹ 16,150
Trend (5Y)
▲ 55%
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