Property Rates in Mangalore
Comprehensive Market Snapshot
Mangalore's property market is currently priced at ₹5,694 per sq ft, with a notable absence of registration rates. The rental market offers an average rate of ₹55 per sq ft, yielding an attractive 11.59%. Recent quarterly price trends show fluctuations, with Mar 2026 projected at ₹5,694 per sq ft, Dec 2025 at ₹5,848 per sq ft, Sep 2025 at ₹4,281 per sq ft, and Jun 2025 at ₹4,982 per sq ft.
- Apartments average ₹5,694 per sq ft, a slight decrease of -2.63%.
- Villas are priced at ₹3,911 per sq ft, reflecting a more significant drop of -13.36%.
- The overall rental yield stands at a healthy 11.59%.
- Average rental rates across Mangalore are ₹55 per sq ft.
- Asking Sale Price₹ 5,694 /sq.ft
Insights for Mangalore Real Estate Market
Mangalore's real estate landscape presents a dynamic picture with an average asking price of ₹5,694 per sq ft. While registration rates are not reported, the rental market is active, showing an average rental rate of ₹55 per sq ft and a robust rental yield of 11.59%. Quarterly price trends indicate some volatility, with projections for Mar 2026 at ₹5,694 per sq ft, following a peak in Dec 2025 at ₹5,848 per sq ft and a dip in Sep 2025 to ₹4,281 per sq ft. Property types show varied performance; apartments are priced at ₹5,694 per sq ft with a minor decline of -2.63%, whereas villas have seen a more pronounced decrease of -13.36%, now averaging ₹3,911 per sq ft.
- Apartments represent a significant portion of the market, averaging ₹5,694 per sq ft with a recent -2.63% change.
- Villas are currently priced lower at ₹3,911 per sq ft, experiencing a notable -13.36% change.
- The city boasts a strong rental yield of 11.59%, suggesting good returns for investors.
- Average rental rates are ₹55 per sq ft, indicating a consistent demand for rental properties.
- Quarterly price trends show an upward trajectory towards Mar 2026, projected at ₹5,694 per sq ft.
Property Price Trends in Mangalore
The asking price for properties in Mangalore is currently ₹5,694 per sq ft. Looking ahead, prices are projected to reach ₹5,694 per sq ft by Mar 2026, after a potential peak of ₹5,848 per sq ft in Dec 2025. This indicates a fluctuating but generally upward trend in property values over the coming quarters.
Mangalore's real estate market offers distinct pricing across property types. Apartments are currently priced at ₹5,694 per sq ft, experiencing a slight dip of -2.63%. Villas, on the other hand, are available at ₹3,911 per sq ft, showing a more significant decrease of -13.36%. This differential suggests varying demand and supply dynamics between these two key residential segments.