Palika Bazaar (Hindi: पालिका बाज़ार, Punjabi: ਪਾਲਿਕਾ ਬਾਜ਼ਾਰ, Urdu: پالیکا بازار) is an underground market located between the inner and outer circle of Connaught Place, Delhi, India. It is named after Palika Bazaar of Mumbai. Palika Bazaar hosts 390 numbered shops selling a diverse range of items; however, the market is dominated by electronic items and clothing. Palika Bazaar was set up in the late 1970s, but since the 1980s it has seen a decline in customers, in part due to the opening of several new, modern shopping malls all over Delhi.
Palika Bazaar is estimated to have some 15.000 people within its confines at any given time and also attracts many foreign tourists. It is known as a place with a very low level of prices. It does, however, also have a reputation for a wide availability of illegal products such as pornography, stolen goods, fake designer products and pirated CDs, software and movies. Police conduct regular raids to recover stolen or pirated merchandise, but this has failed to put an end to the illegal activity in the market.
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As part of a wider effort the New Delhi Municipal Council is currently working on plans for a major "regeneration of Palika Bazaar", described to be in a state of decay.[1]
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