Avg. Rate
₹ 22,014/sq. ft
Locality Rating
5.5/10
Block B is a well-established commercial and residential sector located in the heart of Connaught Place, one of New Delhi's most iconic and centrally planned business districts. Developed during the British colonial era as part of Edwin Lutyens' grand design for New Delhi, Block B lies within the inner circle of Connaught Place and is designated by its distinct alphabetic zoning system. The area is characterized by its structured layout, heritage architecture, and proximity to key government, commercial, and retail hubs. With a PIN code of 110001, it is among the most sought-after addresses in central Delhi. While primarily known for its commercial activity, Block B also hosts residential apartments above ground-floor offices and shops, attracting professionals and investors seeking central urban living. The real estate here is largely composed of older, well-maintained buildings with limited new developments, reflecting the area’s heritage conservation status and restricted redevelopment potential. Property prices are influenced more by location and commercial demand than by residential amenities, with no large-scale housing projects currently underway. Connectivity in Block B is exceptional, with direct access to major roads like Janpath, Ashoka Road, and Parliament Street, as well as proximity to Rajiv Chowk Metro Station, the busiest interchange in the Delhi Metro network. The area is surrounded by key landmarks such as Janpath Market, Indira Chowk, and the Mandi Chowk, contributing to its vibrant urban character. Despite limited open space, Block B remains a high-demand locality due to its central location and institutional significance.
Region
Connaught Place
City
Delhi
District
New Delhi
State
Delhi
Pincode
110001
Population
12,000
Nearest Airport
Indira Gandhi International Airport (DEL)
Excellent connectivity via Rajiv Chowk Metro and major arterial roads
High rental yield due to strong commercial demand
Prestigious address with institutional and business centrality
Limited residential space and lack of modern housing projects
Congested streets and minimal green areas
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
₹ 22,014/sq. ft
Average Price Range
₹ 11,862 – 40,699
Trend (5Y)
▲ 54.9%
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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