Airport Expansion Fuels Commercial Land Demand
Commercial plot prices in Kavaratti have surged by 8%, now ranging between ₹1,800 and ₹2,800 per sq ft, following the announcement of airport expansion plans. The proposed infrastructure upgrade is expected to enhance regional connectivity, triggering increased demand for strategically located commercial plots.
Local authorities have emphasized prioritizing land sales to local buyers and entrepreneurs to ensure inclusive development. Real estate activity has picked up near transport corridors, with investors eyeing potential for logistics hubs, travel services, and retail units.
Experts note that the airport plan is seen as a turning point in Kavaratti’s urban growth, encouraging long-term commercial investments aligned with tourism and regional accessibility.
