Avg. Rate
₹ 13,200/sq. ft
Locality Rating
4.1/10
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.
Region
Chandni Chowk
City
Delhi
District
New Delhi
State
Delhi
Pincode
110006
Population
The population of Shardhanand Market is not officially recorded separately but is part of the Chandni Chowk constituency, which had a population of approximately 2.4 million in the 2011 Census. The area is densely packed, with a mix of long-term residents, migrant workers, and daily commuters.
Nearest Airport
Indira Gandhi International Airport (DEL)
Excellent connectivity via metro and rail
High footfall boosts commercial demand
Strategic location in Old Delhi
Congested streets and poor pedestrian movement
Lack of residential amenities and green spaces
Timeline
Average Rate
₹ 13,200/sq. ft
Average Price Range
₹ 4,500 – ₹ 16,150
Trend (5Y)
▲ 55%
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