Diu’s retail leasing market is witnessing a significant surge, with high-street retail spaces in the bustling Ghoghla area reporting a 10% increase in leasing activity. This growth is largely driven by the steady rise in tourism, as the coastal town continues to attract both domestic and international visitors seeking leisure and cultural experiences.

Retail rental rates have adjusted accordingly, now ranging between Rs 40 and Rs 60 per square foot monthly, reflecting heightened demand for prime commercial locations. Local shop owners, eateries, and boutique businesses are capitalizing on the growing footfall, fueling the need for more retail spaces.

This leasing upswing not only benefits property owners and landlords but also encourages further investment in commercial real estate development. Enhanced infrastructure and promotional tourism campaigns by the local administration have contributed to making Ghoghla a vibrant retail hub.

Experts believe the retail leasing momentum in Diu will sustain as tourism trends remain positive, ensuring lucrative returns for investors and vibrant business growth for tenants in the coming years.