Neil Island, part of the scenic Andaman archipelago, is witnessing a sharp 12% surge in commercial plot prices near Laxmanpur Beach, one of the island’s most popular coastal attractions. Current rates now range between ₹2,000 and ₹3,000 per sq ft, reflecting increased investor interest and tourism-led demand.

This rise is primarily fueled by the booming homestay and eco-tourism sector. As more travelers prefer sustainable and locally rooted accommodations, entrepreneurs are turning to homestay developments that blend natural charm with comfort. Laxmanpur Beach, known for its stunning sunsets and coral views, has become a magnet for such realty investments.

The increase in demand has also been supported by government policies promoting eco-tourism and the ease of doing business in the Union Territory. Real estate developers, many of them local stakeholders, are now focusing on community-based tourism models that benefit both investors and island residents.

Experts note that Neil Island’s controlled development approach, focused on sustainability, has made it a preferred destination for mindful investors looking to tap into the tourism boom without harming the ecosystem.

With eco-conscious tourism expected to grow, Neil Island’s Laxmanpur region is likely to remain a real estate hotspot in the Andaman Islands.