Mysore
The Mysore real estate market is currently navigating a period of price correction and diversification, balancing premium villa offerings with a rising demand for apartments. Recent data shows a shift from the peak rates observed in late 2025, settling into a more accessible price bracket for new investors. Apartment buyers are finding significant value and growth, as this segment continues to outperform the broader market trend. Meanwhile, the villa sector is undergoing a price adjustment, presenting potential entry points for those targeting luxury residential assets.
The average asking price in Mysore is ₹7,450 per sq ft as of September 2026. This figure reflects a market correction, having depreciated by 5.11% from December 2025 to September 2026. Such a trend suggests a softening in demand or an increase in available supply within the residential villa segment, which currently dominates the market data.
Property prices in Mysore have shown a downward trajectory in the most recent period, with the average rate moving from ₹7,850 per sq ft in December 2025 to ₹7,450 per sq ft by March 2026. While data for subsequent quarters in 2026 indicates a stabilization phase, the overall shift from late 2025 to early 2026 highlights a period of price adjustment. Investors and homebuyers should monitor these shifts closely to determine if the market has reached a new baseline for entry.
As of September 2026, villas in Mysore command a higher average asking price of ₹7,450 per sq ft compared to apartments, which are priced at ₹6,350 per sq ft. While villa prices have depreciated by 5.11% from December 2025 to September 2026, apartment prices have shown significant growth, appreciating by 13.59% over the same period. This divergence suggests that while the villa segment is undergoing a correction, the apartment market in Mysore is experiencing strong buyer interest and rising demand.
A buyer in Mysore should evaluate the property type, as the market currently shows distinct performance differences between villas and apartments. With the average villa rate at ₹7,450 per sq ft and the average apartment rate at ₹6,350 per sq ft as of September 2026, understanding these segments is crucial for budget planning. Since villa prices have depreciated by 5.11% from December 2025 to September 2026, buyers may find more room for negotiation in the villa segment, whereas the 13.59% appreciation in apartment prices over the same period indicates a more competitive landscape for apartment seekers.
