Avg. Rate
₹ 13,200/sq. ft
Locality Rating
4.4/10
Rashid Market, situated in the heart of Krishna Nagar, East Delhi, is a well-established local marketplace serving the 110051 pincode with a blend of commercial vibrancy and community living. Known for its bustling lanes and affordable shopping, it caters primarily to daily needs, offering fresh produce, groceries, clothing, and household essentials through a network of small shops and street vendors. The market thrives on foot traffic and local patronage, reflecting the quintessential charm of Delhi’s neighborhood markets. Strategically located near major arterial roads like Vikas Marg and Purna Das Road, Rashid Market enjoys strong connectivity to key parts of East and Central Delhi. While it lacks large-scale real estate developments, the area predominantly features residential colonies and mixed-use buildings, making it a practical choice for middle-income families seeking affordability and convenience. Proximity to educational institutions, healthcare centers, and public transport adds to its appeal. Despite its compact size, Rashid Market functions as a vital node in Krishna Nagar’s urban fabric, supporting local commerce and daily life. The absence of high-rise projects or organized housing complexes keeps the real estate landscape informal, with limited data on average prices or per sq. ft. rates. However, its enduring role as a community-centric market ensures steady demand for nearby rental and resale housing.
Region
Krishna Nagar
City
Delhi
District
New Delhi
State
Delhi
Pincode
110051
Population
The Krishna Nagar area, including Rashid Market, has an estimated population of around 80,000–90,000 based on recent census projections for East Delhi wards.
Nearest Airport
Indira Gandhi International Airport (DEL)
The market is accessible via major roads and public transportation, making it easy for shoppers to reach. Nearby metro stations further enhance its connectivity.
Krishna Nagar has a number of schools and colleges in and around the area. This makes it a convenient location for families with children.
Rashid Market’s location offers proximity to parks and recreational areas, enhancing the shopping experience.
Rashid Market and the surrounding areas often experience heavy traffic congestion, especially during peak hours. This can lead to delays and frustration when commuting.
Timeline
Average Rate
₹ 13,200/sq. ft
Average Price Range
₹ 4,500 – ₹ 16,150
Trend (5Y)
▲ 55%
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