Daman’s coastal real estate market continues to gain momentum, with commercial plots near Devka Beach witnessing an 8% price increase in the last quarter. Plots in this prime zone are now priced between ₹2,100 and ₹3,100 per sq ft, reflecting strong investor confidence and rising retail demand.

The surge is largely attributed to booming tourism activity around Devka Beach, a popular coastal destination known for its hospitality and retail potential. The area has seen the opening of new boutique hotels, beachfront cafes, and premium homestays, increasing footfall and sparking demand for retail-linked commercial spaces.

Local developers note a sharp rise in inquiries for commercial outlets, especially beach-facing showrooms, craft shops, and food & beverage establishments, driven by both tourists and homegrown entrepreneurs. The UT government's push for coastal infrastructure upgrades, including improved roads, promenades, and public amenities, is further encouraging investment.

Experts believe the trend signals the maturing of Daman’s coastal economy, transitioning from just a leisure destination to a mixed-use investment hotspot, with long-term rental yields and capital appreciation potential.

If momentum continues, realtors project an additional 5–7% hike in commercial rates by early next year, especially if hospitality brands convert more land parcels into experience-based tourism models.