Srinagar’s Commercial Hub Secures ₹350 Cr

Lal Chowk Projects Attract Major Investment Boost
Srinagar | May 2025:
Srinagar’s iconic Lal Chowk is emerging as a high-potential commercial hub, with recent retail and office space projects securing ₹350 crore in private and institutional investments.
This surge in funding is set to significantly enhance commercial leasing activity in the city, especially around central business zones. Developers are focusing on mixed-use buildings that integrate modern office spaces, retail outlets, and business hotels, aiming to cater to both local enterprises and tourism-driven commerce.
Real estate analysts highlight that Lal Chowk’s strategic location, heritage value, and improved urban infrastructure make it a preferred destination for commercial expansion. Leasing demand is notably increasing from financial institutions, branded showrooms, and co-working firms.
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