Karaikal’s Retail Leasing Surges 10%
High-Street Retail Demand Rises in Karaikal
Karaikal | May 2025:
Karaikal’s retail real estate sector is witnessing a notable boost, with high-street retail spaces experiencing a 10% surge in leasing activity. Rental rates currently range between ₹40–70 per sq ft monthly, driven by increasing local consumer spending and tourism.
Prime locations along major commercial corridors are attracting brands and small businesses keen on tapping into the growing footfall. This surge reflects a rising confidence in Karaikal’s retail market, supported by improved infrastructure and enhanced connectivity.
Industry experts suggest this trend signals the early stages of Karaikal developing into a vibrant retail hub, appealing to both residents and visitors.
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