Avg. Rate
₹ 4,034/sq. ft
Locality Rating
4.3/10
Mahatma Gandhi Park is a historic locality situated in the bustling heart of Chandni Chowk, Central Delhi, within the vibrant and densely populated Old Delhi region. Nestled in the commercial and cultural nucleus of the city, it lies close to major markets such as Khari Baoli, Kinari Bazar, and the New Krishna Cloth Market, making it a significant node in Delhi’s traditional trade network. The area is served by the PIN code 110006 and is surrounded by a labyrinth of narrow lanes, heritage structures, and centuries-old trading hubs that reflect Delhi’s Mughal and colonial past. While primarily known for its commercial vibrancy, Mahatma Gandhi Park also hosts a residential population living in mixed-use buildings that blend retail and dwelling spaces. The real estate here is largely composed of older, low-rise structures with limited modern housing projects, and there are currently no large-scale residential developments reported in the area. Property transactions are infrequent and typically involve older flats or commercial units, with no standardized average price per square foot due to the informal nature of the market. Connectivity is excellent, with easy access to Delhi Metro’s Chandni Chowk station on the Yellow Line, major bus routes, and the historic Delhi Junction railway station nearby. Despite infrastructural challenges such as congestion and limited parking, the area remains strategically important for traders, small business owners, and those seeking proximity to Delhi’s traditional wholesale markets. Its location offers unmatched access to heritage sites, religious landmarks, and dense urban commerce.
Region
Chandni Chowk
City
Delhi
District
New Delhi
State
Delhi
Pincode
110006
Population
12,00,000
Nearest Airport
Indira Gandhi International Airport (DEL)
Excellent connectivity via Delhi Metro and major road arteries
Strategic location near wholesale markets like Cloth Market and Kinari Bazar
Rich cultural and historical surroundings with heritage landmarks nearby
High pedestrian and vehicular congestion with narrow, crowded lanes
Limited residential infrastructure and lack of modern housing developments
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
₹ 4,034/sq. ft
Average Price Range
₹ 2,297 – 6,985
Trend (5Y)
▲ 43%
Rates and Trends
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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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