Karol Bagh is one of Delhi’s foremost residential and commercial areas and is famed for its shopping streets like Ajmal Khan Road and the Ghaffar Market. The locality is one among the three administrative hubs in Central apart from Paharganj and Darya Ganj. There are several important residential areas in Karol Bagh including Beadon Pura, Bapa Nagar, Raigar Pura, W.E.A. and Dev Nagar. The locality is also home to a market for wholesale garments which is called Tank Road and was established three decades ago.
The iconic Ayurvedic and Unani Tibbia College is present in this area and was inaugurated by none other than the Father of the Nation, Mahatma Gandhi in the year 1921. The locality is also home to the Sri Guru Nanak Dev Khalsa College which is affiliated to University. The area is a hotbed for shoppers and there are multiple retail outlets and shopping centres here including those owned by renowned global brands like TGIF, Lacoste, Pizza Hut, Puma, Sketchers and Reebok. The area is also home to several eateries and restaurants including Pind Balluchi. Apart from Ghaffar Market and Ajmal Khan Road, the Arya Samaj Road is another favorite destination for shoppers.
The demand for property in Karol Bagh has always been on the higher side on account of connectivity and easy access to all places in Delhi. The locality is situated approximately 20-22 kilometres away from the Indira Gandhi International Airport and the Karol Bagh station falls under the Blue Line of the Metro, making it the connectivity lifeline for this area. Other prominent areas including Connaught Place, Chattarpur and Sectors 4 and 22 Dwarka are also well connected to this locality. There are several premium projects being built in the area by developers such as Parsvnath and the real estate in Karol Bagh is witnessing steady growth in terms of quality residential offerings to buyers. The property market is witnessing the launch of new projects that are creating quite a stir in the locality over the last few months. The locality is famous for jewellery, carpets and furnishings.