| Delhi, the national capital, is the hub of cultural, | | | | largest two-wheeler spare parts wholesale markets, |
| commercial and political activities is a multicultural | | | | adjacent to Naiwalan area. |
| cosmopolitan city. Located in Northern India, it is | | | | -Flanked by Gaffar Market known for smuggled |
| bordered by areas like Gurgaon, Faridabad, Ghaziabad | | | | goods; Bank Street, famous for intricate gold jewellery |
| and Noida in the states of Uttar Pradesh and Haryana. | | | | shops and Arya Samaj Road known for its |
| Delhi is a lodestone for professionals as even being an | | | | secondhand and inexpensive book market, Karol Bagh |
| economic center itself, it is surrounded by industrial and | | | | is common to all. |
| commercial hubs in NCR. | | | | |
| | | | | Despite the establishment of international brands in the |
| Real estate in Delhi has become unaffordable for the | | | | traditional Karol Bagh market, people throng the place |
| middle income group with property prices reaching the | | | | for its old popular markets. A facelift for the market is |
| skies. Various kinds of commercial, residential and retail | | | | planned by the Urban Development Ministry and Delhi |
| setups have been burgeoning in the national capital. | | | | Development Authority (DDA) in wake of the long |
| Among the administrative subdivisions of the Central | | | | awaited Commonwealth Games. The plans include |
| Delhi district, Karol Bagh is one of the three. It makes | | | | giving Ajmal Khan Road a mall like look equipped with |
| for a mixed residential and commercial locality with | | | | modern facilities to cater to the needs of foreign |
| some of the best retail outlets and eating joints. Even | | | | tourists and cash in on the forthcoming CWG event. |
| after the prevalent mall culture in the city, Karol Bagh | | | | This is bound to add convenience and comfort for |
| remains the one of the most sought after shopping | | | | shoppers as they can then find all sorts of things in |
| destinations in Delhi. | | | | one place. These developments are sure to spiral up |
| | | | | the rates of property in Karol Bagh taking capital and |
| With millions of people living in and around the city, Delhi | | | | rental values to a new high. |
| real estate has become extremely crowded and | | | | |
| congested. An exodus of emigrants from within and | | | | The property costs of commercial property in the |
| outside the country is seen entering the city every | | | | gleaming Karol Bagh market have gone up from Rs |
| year. It is the eighth largest metropolis in the world and | | | | 100-150 per sq. ft. to Rs 300-350 per sq. ft. on Ajmal |
| the second largest in India in terms of population. One | | | | Khan Road. On the Bank Street, the rates are around |
| of the biggest and most famous markets of the state | | | | Rs 200-250 per sq. ft. and Rs 250-300 per sq. ft. on |
| of Delhi is Karol Bagh established in the year 1950. | | | | the Arya Samaj Road. The property values on other |
| | | | | streets are also increasing constantly, for e.g., rates on |
| Karol Bagh real estate caters to all the classes and is | | | | Padam Singh Road and Hardhyan Singh Road have |
| well connected to all other parts of Delhi-South, West, | | | | shot up 40 to 70% within last two years. The current |
| North and East. Surrounded by Patel Nagar and | | | | capital value of the area varies from Rs 25,000 to Rs |
| Rajinder Nagar, it is spread over 30 square kms. Some | | | | 30,000 per sq. ft. and is expected to grow further. |
| of its attractions include: | | | | |
| | | | | The rapid development and urbanization of the country |
| -The traditional market of Ajmal Khan Road in Karol | | | | capital along with the growing purchasing power |
| Bagh is well-known for retail & wholesale | | | | makes real estate in Delhi one of the most expensive |
| garments and imported items. It is also famous for its | | | | in India. |
| oldest commercial complex, one of the country's | | | | |