Sleep

Paharganj

This street, also referred to as Main Bazaar, is opposite New Delhi railway station and has many cheap hotels. It's very popular with travelers. A double room with attached bathroom is 200-300 rupees (or less). Note that the Delhi Metro exits are on the Ajmeri Gate side of the New Delhi Railway station, so you'll need to cross over the railway station (Platform Ticket may be needed for entering the station.) to go to Paharganj. Main road is very noisy during day time.

Majnu ka Tilla

Majnu ka Tilla is a compact Tibetan settlement and the place of departure and arrival for Dharamsala, the home of the Tibetan Government in Exile and the Dalai Lama. Stay here if you have an interest in Tibetan culture, politics and religion, or if you need something quieter (and just slightly more expensive) than Paharganj.

An auto-rickshaw from New Delhi train station should cost around 50 rupees (use the prepaid stand). The Vidhan Sabha metro station is also nearby and popular. From there cycle-rickshaws charge 15 rupees and take about five minutes.