Mangalore
The Mangalore property market maintains a balanced profile, with current average asking prices at ₹5,700 per sq ft. Recent data shows a shift from the ₹5,850 per sq ft mark recorded in December 2025, reflecting a steady adjustment phase for buyers. Rental activity remains a highlight, with an attractive rental yield of 11.58% supported by an average rental rate of ₹55 per sq ft. These figures suggest that both residential apartments and villa segments continue to play a pivotal role in shaping local investment outcomes.
The average asking price in Mangalore is ₹5,700 per sq ft as of June 2026. This figure reflects a depreciation of 2.63% when compared to the rate of ₹5,850 per sq ft recorded in December 2025. Such a trend suggests a period of market adjustment, which may offer potential buyers a more favorable entry point compared to the peak pricing seen in late 2025.
Property prices in Mangalore have shown a volatile trajectory, moving from ₹4,300 per sq ft in September 2025 to a peak of ₹5,850 per sq ft in December 2025, before settling at ₹5,700 per sq ft as of March 2026. This fluctuation highlights the importance of timing for investors, as the market experienced significant appreciation between September and December 2025 followed by a slight correction in the subsequent quarter.
As of June 2026, apartments in Mangalore command an average asking price of ₹5,700 per sq ft, while villas are priced at an average of ₹3,900 per sq ft. The villa segment has seen a notable depreciation of 13.36% compared to previous periods, whereas apartments have experienced a more moderate depreciation of 2.63%. This price gap indicates that apartments currently hold a premium over villas in the city's residential market.
The average rental rate in Mangalore is ₹55 per sq ft as of June 2026, with rental rates remaining stable at 0% change compared to the previous period. The city currently offers a robust rental yield of 11.58%, which is a key metric for investors to consider. A yield of this magnitude suggests that property owners in Mangalore may benefit from strong income-generating potential relative to the capital invested in residential assets.
An 11.58% rental yield in Mangalore, as of June 2026, indicates a highly attractive income-to-price ratio for residential real estate. Because rental rates have remained stable with 0% change, this yield is primarily driven by the relationship between current sale prices and monthly rental income. Investors looking for consistent cash flow may find this yield particularly compelling, provided they align their purchase with areas that maintain steady tenant demand.
