Avg. Rate
₹ 5,976/sq. ft
Locality Rating
4.1/10
Shree Nagar is a residential neighborhood located within the larger Shakurpur area in West Delhi, falling under the postal code 110034. It is part of a densely populated urban cluster that has evolved over the past few decades as a key residential extension of West Delhi, serving middle-income families and working professionals. The locality is primarily composed of independent houses, low-rise apartment blocks, and planned residential plots, with limited new real estate development activity in recent years. Its integration with adjacent neighborhoods like Shakur Basti and Srinagar Garden enhances its accessibility and community connectivity. The area benefits from proximity to major transport arteries such as Netaji Subhash Place and Ring Road, enabling relatively smooth commutes to central business districts like Pitampura, Rohini, and Connaught Place. While Shree Nagar itself does not host large commercial hubs, residents access essential services through nearby markets including Raja Park Chowk, Bihari Chowk, and Mahindra Park Chowk. Educational institutions, healthcare centers, and civic amenities are available within a short radius, contributing to a functional urban lifestyle. Real estate in Shree Nagar remains largely stagnant in terms of new project launches, with no major ongoing developments reported. Property transactions are typically resale-based, involving older constructed units and individual plots. The lack of high-rise construction and premium housing keeps the cost of living moderate, making it an affordable option for budget-conscious homebuyers. However, infrastructure upgrades and urban renewal have been slow, reflecting the challenges typical of older Delhi neighborhoods.
Region
Shakurpur
City
Delhi
District
New Delhi
State
Delhi
Pincode
110034
Population
17,500
Nearest Airport
Indira Gandhi International Airport (DEL)
Offers budget-friendly residential options in West Delhi
Well-connected via road and metro to major employment hubs
Access to schools, markets, and healthcare within 1–2 km
Lack of new real estate developments and modern housing
Congested lanes and limited open public spaces
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
₹ 5,976/sq. ft
Average Price Range
₹ 3,289 – 10,600
Trend (5Y)
▲ 45.1%
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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