Mangalore
The real estate landscape in Mangalore exhibits a balanced interaction between residential capital values and rental performance. Current pricing reflects a consolidation phase, with apartments holding steady at ₹5,700 per sq ft. Investors are increasingly drawn to the city's robust rental yield, which is supported by an average rental rate of ₹55 per sq ft. This dynamic suggests a market that favors long-term capital preservation while offering reliable monthly income streams for property owners.
As of September 2026, the average asking price in Mangalore stands at ₹5,700 per sq ft. This figure reflects a market depreciation of 2.63% when compared to the rates observed in December 2025. This downward adjustment suggests a period of price correction in the residential apartment segment, providing a potential entry point for buyers who have been monitoring the market for more favorable valuations.
Property prices in Mangalore have experienced a slight downward trajectory over the recent quarters, moving from ₹5,850 per sq ft in December 2025 to ₹5,700 per sq ft as of March 2026. This trend indicates a softening in demand or an increase in available inventory, which is a critical signal for investors to assess whether the current price stabilization aligns with their long-term capital appreciation goals.
Apartments in Mangalore currently command a higher average asking price of ₹5,700 per sq ft as of September 2026, compared to villas, which are priced at an average of ₹3,900 per sq ft. While apartment rates have depreciated by 2.63% since December 2025, villa prices have seen a more significant depreciation of 13.36% over the same period. This variance highlights that apartments remain the more premium and stable asset class in the city's current residential landscape.
The current rental yield in Mangalore is 11.58%, which indicates a robust income-generating potential for property owners relative to the capital invested. With an average rental rate of ₹55 per sq ft as of September 2026, the market has maintained price stability, showing a 0% change in rental rates compared to previous periods. A yield of this level is often attractive to investors looking for consistent cash flow from their residential assets.
