Kozhikode
Kozhikode’s real estate market maintains a steady trajectory, characterized by a clear preference for apartment living among residents and investors alike. Recent quarterly data shows that while prices have adjusted from their peak in late 2025, the market remains resilient with a current city-wide average of ₹6,400 per sq ft. Apartment segments are performing particularly well, showing positive growth and solidifying their position as the preferred property type. This combination of price stability and targeted demand suggests a mature market that continues to offer value to long-term stakeholders.
The average asking price in Kozhikode stands at ₹6,400 per sq ft as of June 2026. This figure reflects a market adjustment, having depreciated by 1.57% compared to the previous period. While the current market shows a slight softening, understanding these fluctuations is essential for buyers and investors looking to enter the residential apartment segment in the city.
Property prices in Kozhikode have shown a fluctuating trajectory from September 2025 to June 2026. The city rate moved from ₹6,800 per sq ft in September 2025 to ₹6,500 per sq ft in December 2025, followed by a dip to ₹6,400 per sq ft in March 2026, before recovering to ₹6,650 per sq ft as of June 2026. This volatility suggests a dynamic market where pricing is sensitive to shifting demand and supply conditions.
As of June 2026, the average asking price for apartments in Kozhikode is ₹6,650 per sq ft. This sector has shown resilience, having appreciated by 3.98% over the recent observation period. For prospective homebuyers, this positive growth indicates sustained interest in apartment-style living within the city.
A buyer in Kozhikode should view the current average asking price of ₹6,400 per sq ft as a baseline for negotiation and market comparison. With the city rate experiencing a 1.57% depreciation as of June 2026, it is advisable to monitor quarterly trends closely to identify optimal entry points. Since the Government Registration Rate is currently not specified, buyers should focus on the prevailing market-driven asking prices when evaluating the total cost of acquisition.
