Avg. Rate
₹ 22,773/sq. ft
Locality Rating
4/10
Railway Colony is a well-established residential locality situated in the heart of Barakhamba Road, New Delhi, within the central district of Delhi. Developed primarily to house Indian Railways employees and their families, the area carries a legacy of colonial-era urban planning and continues to serve as a functional residential enclave near key government and commercial hubs. The locality falls under the PIN code 110002 and is surrounded by prominent areas such as Connaught Place, Gandhi Market, and ITO, offering residents proximity to both administrative offices and urban amenities. Characterized by low-rise residential blocks and government quarters, Railway Colony features limited private real estate development, with most properties under the ownership or control of the Railways. As a result, there are currently no new residential projects launched in the area, and property transactions are relatively rare, contributing to a stable but non-dynamic housing market. Despite the absence of large-scale modern housing complexes, the area remains sought after for its central location and strong connectivity. The infrastructure around Railway Colony benefits from its integration with central Delhi’s urban fabric, with access to top-tier healthcare facilities, educational institutions, and commercial centers within a short distance. While the locality itself is quiet and residential, it opens into bustling markets and business districts, making it ideal for professionals working in nearby government offices or corporate centers. Its blend of historical significance and strategic location continues to define its appeal in the New Delhi real estate landscape.
Region
Barakhamba
City
Delhi
District
New Delhi
State
Delhi
Pincode
110002
Population
9,000
Nearest Airport
Indira Gandhi International Airport (DEL)
Excellent connectivity to metro, rail, and major roads
Proximity to key employment centers like CP and ITO
Secure and well-maintained railway-managed housing
Limited private real estate and resale availability
No new residential developments or modern amenities
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
₹ 22,773/sq. ft
Average Price Range
₹ 11,391 – 45,003
Trend (5Y)
▲ 65.6%
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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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