French Quarter’s Retail Leasing Surges 15%

0
2K

White Town Rentals Rise with Tourism Revival
French Quarter | May 2025:
Retail leasing in Puducherry’s iconic French Quarter has jumped by 15%, with White Town leading the surge. Monthly rentals are now ranging between ₹60–₹100 per sq ft, driven by rising tourist footfall, boutique store demand, and renewed interest from café chains and artisan brands.

The colonial charm of White Town, paired with walkable lanes and vibrant storefronts, continues to attract both domestic and international tourists—especially post-pandemic. This has led to a spike in demand for ground-floor retail spaces, especially along key streets like Romain Rolland, Suffren, and Bussy.

Property owners are renovating older heritage buildings for commercial use, adding to the leasing stock. The Puducherry Urban Planning Authority is also easing norms for retail-use conversions within the French Quarter, further fueling this trend.

Experts view this as a positive signal for Puducherry’s heritage-led economy, with micro-retail, art galleries, and fusion eateries driving commercial growth.

Search
Categories
Read More
Rera
Legal Framework of RERA: Key Laws & Regulations for Real Estate Agents
The Real Estate (Regulation and Development) Act, 2016 (RERA) was enacted to streamline...
By RERA - News, Regulations & Updates 2025-04-26 09:43:07 0 4K
Delhi
Gurugram Mandates Stricter Green Certifications, Reshaping Residential Development
Gurugram’s real estate sector is undergoing a sustainability shift, with authorities...
By MD. Hazu 2025-05-01 06:47:56 0 4K
PropMates
How Can Agents Find Their Edge in a Competitive Market with Prop Mate
Thriving in a Dynamic Real Estate Market In the world of real estate, competition is fierce....
By PropMates 2025-04-28 10:37:33 0 3K
Legal
Occupancy Certificate vs. Completion Certificate – What’s the Difference
Homebuyers often confuse the Occupancy Certificate (OC) and Completion Certificate (CC)—but...
By PROPLegal 2025-06-21 06:22:20 0 2K
PropMates
Suffering Alone in Real Estate? You Don’t Have To Anymore – PropMates is Here
Real estate can feel like a lonely battlefield. You're out there hustling, meeting clients,...
By PropMates 2025-07-05 11:14:47 0 2K
PROPIINN | IINNSIDE https://agent.propiinn.com