If there is any market which carries the mixed identity of wholesale and high-end retail, then no market fits the portrait as well as Karol Bagh. Known widely for its grey markets of electronic products (chiefly mobile phones), wholesale, export surplus and high-end clothing markets, jewelry shops, hotels and restaurants, call centers, toys and wide variety of other products.
Historically, Karol Bagh was settled by people who were removed from the villages of Madhoganj, Jaisingh Pura and Raja Ka Bazaar for the purpose of building Connaught Place. The Muslims living in this region migrated to Pakistan in large numbers and the place was occupied by immigrants from Sindh and West Punjab.
Administratively, it lies in the Central Delhi District.
Karol Bagh Market
Karol Bagh is one of the most thriving and happening markets in Delhi. Be it garments, electronic products such as mobiles and cameras or their accessories, toys and many other imported product, Karol Bagh is one market where you can expect to find all at one place.
Gaffar Market is one of the best known local sub-markets of Karol Bagh which has been named after the popular Pashtun freedom fighter, Khan Abdul Gaffar Khan. This market known for electronic consumer products being available at discounted prices. The shopkeepers do not offer guarantees or warrantees for these products and the risk remains solely with the purchaser. Despite this severe limitation, people visit this market for buying products.
Ajmal Khan Market is another important market within Karol Bagh area. It lies on both sides of the Ajmal Khan Road.
The area around Bank Street and gurudwara is famed for having a number of jewelry shops.
Tank Road is another famous area where one can expect to find export surplus clothing at throwaway prices. Traders of this area buy export surplus products in bulk at lowest possible prices and sell these at lowest margins at wholesale rates.
While Tank road is famous for garments, the Hardyan Singh market is known for leather garments and accessories. In fact, one can also buy raw leather of different skins and shades from the market here.
Besides having many eating outlets, Karol Bagh is also home to a number of hotels where domestic and foreign tourists stay. These hotels provide affordable and comfortable accommodation. The hotels range from budget hotels to star-rating hotels.
Famous fast food chains, such as Pizza hut, traditional food chains, such as Pind Balluchi and top consumer brands, such as Reebok, Skechers and others have their shops here.
Beyond the Karol Bagh Market
Karol Bagh is also a residential area. These include colonies such as Beadon Pura, Bapa Nagar and Dev Pura. Over a period of time, Karol Bagh has become home of Bengali and Tamil communities as well.
Being next door to Paharganj, Karol Bagh is also close to New Delhi Railway Station.
The Blue Line of Metro rail connects this place with stations at Karol Bagh southern periphery and another station at Rajendra Place in the west being the closest stations.
Karol Bagh is flanked by Paharganj in east, Patel Nagar in west, Pusa in south-west and Rajinder Nagar in south. Connaught Place, another shopping destination, is situated nearby.
Sir Ganga Ram Hospital and Delhi Heart and Lung Institute are two important hospitals of repute here. Jhandelwalan Temple is also a famous destination for religious people. Rajendra Place is well known for its lighting businesses.