New Launch - India Real Estate Report 2026.

Farash Khana

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Avg. Rate

₹ 10,887/sq. ft

Locality rating icon

Locality Rating

4.1/10

Farash Khana is a historic locality situated in the bustling heart of Chandni Chowk, Central Delhi, operating under the PIN code 110006. Nestled within one of Delhi's oldest and most vibrant commercial zones, it forms part of the rich urban fabric that has thrived since the Mughal era. The area is densely populated and primarily known for its commercial activity, narrow lanes, and heritage structures that reflect its deep-rooted history in Old Delhi. While residential spaces exist, they are often integrated with trade and small-scale businesses. The locality is surrounded by key markets such as Khari Baoli, India’s largest spice market, and the New Krishna Cloth Market, making it a hub for wholesale trade. Despite limited modern residential developments, the area retains significance due to its strategic location near major transport nodes and centuries-old institutions. Property in Farash Khana is largely composed of old havelis and mixed-use buildings, with minimal new real estate projects reported in recent years. Connectivity is excellent, with easy access to Delhi Junction, Chawri Bazar Metro Station, and major road arteries like Netaji Subhash Marg. Infrastructure includes proximity to historic landmarks, religious sites, and essential civic services, though urban congestion poses challenges. Farash Khana remains a culturally significant, commercially active neighborhood, ideal for those seeking a central Old Delhi location with deep historical resonance.

Region

Chandni Chowk

City

Delhi

District

New Delhi

State

Delhi

Pincode

110006

Population

30,000

Nearest Airport

Indira Gandhi International Airport (DEL)

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The Good

Excellent connectivity to metro, rail, and major roads

Strategic location within Delhi's commercial core

Rich cultural and historical significance

Locality price index icon

The Bad

High population density and traffic congestion

Limited modern residential infrastructure

Aurum Price Index for Farash khana

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

₹ 10,887/sq. ft

Average Price Range

₹ 5,862 – 19,738

Trend (5Y)

▲ 48.5%

Nearby Neighborhoods

Shardhanand Market

Shardhanand Market is a bustling commercial locality situated in the historic Chandni Chowk area of Central Delhi, falling under the postal code 110006. Nestled within one of Delhi’s oldest and most vibrant urban zones, it forms part of a dense network of markets that have thrived since the Mughal and British eras. The area is primarily known for its wholesale trade, especially in textiles, electrical goods, and hardware, making it a key node in Delhi’s informal economy. Its narrow lanes and heritage structures reflect the architectural character of Old Delhi. The market benefits from excellent connectivity, lying close to major transit points like Chawri Bazar Metro Station and Delhi Junction Railway Station. It is surrounded by iconic neighborhoods such as Khari Baoli, Kinari Bazar, and Dariba Kalan, each contributing to the region’s commercial and cultural vibrancy. Despite limited residential infrastructure, Shardhanand Market attracts traders and business owners due to its strategic location and footfall. Real estate here is predominantly commercial, with minimal new residential developments. Shardhanand Market lacks modern high-rise residential projects, and average property prices per square foot or for 2BHK units are not formally tracked due to the absence of organized housing stock. The area is more suited for commercial leasing than residential living, with properties often used as storerooms, offices, or shopfronts. Its integration within Chandni Chowk’s economic ecosystem ensures sustained commercial relevance, though living conditions remain challenging due to congestion and aging infrastructure.

Avg. Rate

₹ 3,251/sq. ft

Locality Rating

4.1/10

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Lal Kuan Bazar

Lal Kuan Bazar is a historic locality situated in the bustling Chandni Chowk area of Central Delhi, operating under the PIN code 110006. Nestled within one of Delhi's oldest and most vibrant commercial zones, it forms part of the rich urban fabric that has evolved since the Mughal and colonial eras. The area is densely populated and primarily known for its commercial activity, with narrow lanes housing small-scale retail, textile, and hardware businesses. Residential units, mostly old havelis and mixed-use buildings, are limited and typically found on upper floors. The locality benefits from its central location in Old Delhi, offering excellent connectivity to major transport hubs, markets, and religious sites. It lies in close proximity to iconic landmarks such as Red Fort, Jama Masjid, and Chandni Chowk market, making it a high-footfall zone with strong commercial significance. Despite its age, Lal Kuan Bazar remains a functional part of Delhi’s economic ecosystem, particularly in trade and wholesale distribution. Real estate in Lal Kuan Bazar is constrained due to aging infrastructure, narrow roads, and lack of modern residential developments. There are currently no new housing projects reported in the area, and property transactions are mostly limited to resale or commercial conversions. The absence of updated pricing data reflects the informal nature of the real estate market here, where demand is driven more by business utility than residential appeal.

Avg. Rate

₹ 10,992/sq. ft

Locality Rating

4/10

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Naya Bans

Naya Bans is a historic locality situated in the bustling heart of Chandni Chowk, Central Delhi, operating under the PIN code 110006. Nestled within one of Delhi's oldest and most vibrant commercial zones, it forms part of the larger Old Delhi fabric that dates back to the Mughal era. The area is densely populated and primarily known for its commercial activity, with narrow lanes housing small businesses, wholesale markets, and traditional eateries. Though residential spaces exist, they are typically compact and integrated into mixed-use buildings. The locality benefits from its strategic location within Chandni Chowk, offering direct access to major markets such as Kinari Bazar, Khari Baoli, and the New Krishna Cloth Market. Public transportation is easily accessible, with proximity to key metro stations and railway hubs enhancing its connectivity across Delhi and the NCR. Despite limited modern residential infrastructure, Naya Bans remains a sought-after location for commercial leasing and heritage-based business operations. Real estate in Naya Bans is largely undocumented in terms of average pricing, with no new residential projects currently listed. Properties tend to be older, multi-generational structures with minimal redevelopment. The absence of high-rise apartments or organized housing complexes reflects the area’s focus on commerce over residential modernization. However, its central location continues to attract interest from investors looking at commercial real estate or adaptive reuse of heritage buildings.

Avg. Rate

₹ 11,883/sq. ft

Locality Rating

4.2/10

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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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