Retail-Led Demand Drives Leasing of Commercial Space on Amritsar’s Lawrence Road at ₹60/sq.ft./month

0
332

A prominent commercial space on Lawrence Road in Amritsar has been leased at ₹60 per sq.ft. per month, highlighting the area’s resurgence as a retail and commercial hotspot. Known for its bustling environment and strategic location, Lawrence Road continues to attract retailers, showrooms, and F&B brands looking to capitalize on high footfall and strong local purchasing power.

The leased property is expected to house a premium retail outlet, tapping into both the city’s local population and a growing tourist base. The lease reflects increasing confidence among retailers and investors, with Amritsar’s commercial real estate market showing signs of stability and steady returns.

Key Highlights:

  • Lawrence Road is a key arterial road with established retail and commercial presence.

  • The ₹60/sq.ft. monthly lease rate is in line with current market trends in central Amritsar.

  • Surge in demand for branded stores, QSRs, and boutique outlets in high-visibility zones.

  • Leasing supported by post-pandemic retail recovery and consumer spending rebound.

Local brokers noted that the connectivity, legacy, and visibility of Lawrence Road make it one of the most sought-after addresses for retail businesses in Amritsar.

Search
Categories
Read More
Loans
Fixed vs. Floating Interest Rates: Which One is Right for You
Choosing between fixed and floating interest rates is a pivotal decision in home loan planning....
By PROP Loans 2025-04-27 05:16:58 0 2K
Partners
Builders Can Use Prop Partners to Expand Market Reach
In the competitive real estate landscape, builders need strong industry connections and effective...
By PROP Partners 2025-04-29 04:58:33 0 2K
PROPIINN
PROPIINN Events: Connecting People, Ideas, and Opportunities in Real Estate
Propiinn takes real estate engagement to the next level with a diverse range of events that bring...
By PROPIINN 2025-04-28 07:16:54 0 2K
NexMates
Just Shifted? Let NexMates Settle You In Smoothly
Moving into a new home is exciting—but the endless setup tasks can drain your energy. From...
By NexMates 2025-06-27 05:08:37 0 857
PropMates
Verified to Be Trusted: How PropMates Badges Build Real Estate Credibility
In today’s fast-paced real estate world, trust isn’t optional—it’s...
By PropMates 2025-06-17 11:41:45 0 1K
PROPIINN | IINNSIDE https://agent.propiinn.com