Kavaratti’s Retail Leasing Surges 12%

Tourism Drives Demand for High-Street Retail Spaces
Kavaratti | May 2025:
High-street retail spaces in Kavaratti have experienced a 12% increase in leasing activity, with monthly rentals now ranging from ₹40 to ₹70 per sq ft. The rise is fueled by growing tourism, prompting businesses to establish a stronger presence near key tourist zones.

Retailers, including boutiques, cafes, and souvenir shops, are actively leasing commercial properties along the island’s main thoroughfares. This trend reflects confidence in Kavaratti’s potential as a vibrant shopping destination catering to both tourists and locals.

Experts highlight that enhanced tourist footfall and hospitality sector growth continue to drive retail space demand on the island.