Mysore
Mysore's real estate landscape is currently marked by a recalibration in pricing, reflecting a dynamic shift in buyer demand across property segments. While villa valuations have seen a -5.11% correction, apartment units have demonstrated strong upward momentum with a 13.59% increase, signaling a robust appetite for high-rise living. This trend suggests that investors and homebuyers are prioritizing modern, compact living spaces as the city continues to evolve. Recent data indicates a cooling phase following the highs observed in late 2025, providing a more stable entry point for prospective owners.
The average asking price in Mysore as of June 2026 is ₹7,450 per sq ft. This figure reflects a market adjustment, having depreciated by 5.11% from March 2026 to June 2026. Such a trend indicates a softening in seller expectations or a recalibration of market supply during this specific period.
Property prices in Mysore have shown a downward trajectory in recent quarters, moving from ₹11,850 per sq ft in September 2025 to ₹7,850 per sq ft in December 2025, and further to ₹7,450 per sq ft in March 2026. This consistent decline suggests that the market has been undergoing a correction phase, which may present a more accessible entry point for buyers compared to the higher price levels observed in late 2025.
As of June 2026, villas in Mysore command an average asking price of ₹7,450 per sq ft, which has depreciated by 5.11% since March 2026. In contrast, apartments in Mysore are priced at an average of ₹6,350 per sq ft, demonstrating significant growth with an appreciation of 13.59% over the same period. This divergence highlights a shift in demand or supply dynamics, where apartments are currently experiencing stronger price momentum compared to the villa segment.
When evaluating property rates in Mysore, it is essential to look beyond the headline average of ₹7,450 per sq ft and consider the specific property type, as prices vary significantly between segments like villas and apartments. The recent depreciation of 5.11% observed from March 2026 to June 2026 suggests that buyers should conduct thorough due diligence on current market valuations before finalizing a purchase. Understanding these trends helps in identifying whether the market is currently favoring buyers or if specific segments are defying the broader city-wide downward trend.
