Mysore
The Mysore real estate market is currently witnessing a realignment in pricing, with the city average settling at ₹7,450 per sq ft after a period of price correction from the highs of late 2025. Investors are observing a clear divergence between property types, where villa values have experienced a -5.11% decline, contrasting sharply with the apartment sector. This apartment segment has emerged as a key growth driver, recording a notable 13.59% increase in average rates. The current price landscape suggests a consolidation phase, providing a more stable environment for prospective homebuyers and long-term investors looking for value.
The average asking price in Mysore stands at ₹7,450 per sq ft as of June 2026. This figure reflects a market correction, having depreciated by 5.11% from March 2026 to June 2026. Such a trend suggests a period of price adjustment in the residential villa segment, which currently dominates the market listing profile.
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 by March 2026. This consistent decline indicates a softening in market demand or an increase in supply availability, providing a more favorable entry point for buyers compared to the peak rates observed in late 2025.
As of June 2026, villas in Mysore command a higher average asking price of ₹7,450 per sq ft, which has depreciated by 5.11% compared to the previous quarter. In contrast, apartments are priced at an average of ₹6,350 per sq ft, showing strong growth with an appreciation of 13.59% over the same period. This divergence highlights a shifting preference or supply dynamic, where apartment demand is currently outpacing the villa segment.
Investors evaluating Mysore should note that the market is currently undergoing a price correction, with the overall residential asking price depreciating by 5.11% from March 2026 to June 2026. While the villa segment has seen this depreciation, the apartment market has bucked the trend with a 13.59% appreciation during the same timeframe. This indicates that while the broader market is softening, specific property types like apartments are demonstrating resilience and potential for capital growth.
