Avg. Rate
₹ 20,600/sq. ft
Locality Rating
4/10
Turkman Gate is a historic locality situated in the heart of Old Delhi, nestled within the bustling Chandni Chowk area. It lies in Central Delhi and shares the PIN code 110002, serving as a gateway to some of the city’s most iconic religious and cultural landmarks. The area derives its name from the 14th-century Sufi saint Hazrat Turkman Shah, whose tomb is located nearby, adding to its historical and spiritual significance. Over centuries, Turkman Gate has evolved into a densely populated urban hub with narrow lanes, traditional havelis, and vibrant street life. The locality is surrounded by prominent neighborhoods such as Jama Masjid to the west, Chandni Chowk to the north, and Chawri Bazar to the east, making it a central node in Old Delhi’s intricate urban fabric. Despite limited modern real estate development, the area remains highly sought after due to its proximity to commercial markets like Kinari Bazar, Dariba Kalan, and Meena Bazaar, which cater to textiles, jewelry, and festive supplies. The absence of large residential projects reflects the heritage character and land use constraints in this part of the city. Connectivity in Turkman Gate is robust, supported by Delhi Metro’s Chawri Bazar station on the Violet Line and easy access to major roads like Netaji Subhash Marg. The area is served by key institutions such as Maulana Azad Medical College and Matia Mahal Market, blending daily convenience with historical charm. While property prices and availability are not formally tracked due to the predominance of older, mixed-use buildings, demand remains steady among traders, pilgrims, and those seeking a central location in Old Delhi.
Region
Chandni Chowk
City
Delhi
District
New Delhi
State
Delhi
Pincode
110002
Population
2,00,000
Nearest Airport
Indira Gandhi International Airport (DEL)
Excellent connectivity via Delhi Metro and major roads
Close to major religious and tourist attractions
Vibrant commercial activity with access to traditional markets
Congested lanes with limited parking and traffic movement
Lack of modern residential infrastructure and high-rise buildings
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
₹ 20,600/sq. ft
Average Price Range
₹ 12,533 – 33,807
Trend (5Y)
▲ 37.3%
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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