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

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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.

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