Varanasi’s Retail Market Sees 12% Leasing Growth Near Cantonment

Varanasi’s commercial real estate sector is witnessing a notable uptrend, with retail spaces near Varanasi Cantonment experiencing a 12% surge in leasing activity. Rentals for these prime retail spots now range between ₹50 to ₹80 per square foot per month, driven by rising consumer demand and urban growth.

The Cantonment area, known for its strategic location and well-developed infrastructure, has become a hotspot for retailers seeking to capitalize on increasing footfall from residents, tourists, and office-goers. The surge in demand is largely fueled by expanding shopping habits, new brands entering the market, and the overall economic upliftment of the city.

Retail spaces in this region offer a mix of traditional and modern shopping experiences, attracting local businesses as well as national and regional retail chains. Improved connectivity and rising disposable incomes among Varanasi’s population further support this growth.

Market experts believe the momentum in retail leasing near the Cantonment will continue, reinforcing Varanasi’s position as a growing commercial hub and providing opportunities for investors and entrepreneurs alike.