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🏬 Port Blair’s Retail Leasing Rises 12%
Port Blair | May 2025:
Aberdeen Bazaar in Port Blair is witnessing a significant surge in retail leasing, with high-street commercial spaces reporting a 12% increase in demand. Monthly rental rates have climbed to between ₹50 and ₹80 per sq ft, fueled by steady growth in tourism.
Local shop owners and new businesses are eager to capitalize on increased footfall from tourists and residents alike, boosting retail activity in the bustling marketplace. Experts believe this trend reflects the broader expansion of Port Blair’s urban economy and the rising appeal of the area as a commercial hub.
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