Mysore
The Mysore real estate market is currently navigating a period of price adjustment, with average rates settling at ₹7,450 per sq ft after experiencing significant fluctuations throughout the previous year. While villa segments have seen a correction of -5.11%, the apartment category has demonstrated strong resilience with a 13.59% increase in value. This divergence suggests a shifting preference among buyers who are increasingly favoring apartment-style living. Market participants are balancing these trends as they look for long-term value in the city's expanding residential landscape.
The average asking price in Mysore is ₹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 indicates a softening in seller expectations or an adjustment in market supply during this period.
Property prices in Mysore have shown a downward trajectory over the 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 suggests a period of price consolidation, which may offer more competitive entry points for buyers compared to the higher valuations seen in late 2025.
As of June 2026, villas in Mysore command a higher average asking price of ₹7,450 per sq ft compared to apartments, which are priced at an average of ₹6,350 per sq ft. While villa prices have depreciated by 5.11% from March 2026 to June 2026, apartment prices have shown strong resilience, appreciating by 13.59% over the same period. This divergence highlights a shifting preference or supply dynamic favoring the apartment segment in the current market.
The depreciation of villa prices by 5.11% from March 2026 to June 2026, bringing the average to ₹7,450 per sq ft, suggests a cooling in the luxury or independent housing segment. For prospective buyers, this trend may present a strategic opportunity to negotiate better deals on villa properties, as the market adjusts to current demand levels.
Yes, the apartment market in Mysore is showing significant growth, with average asking prices rising to ₹6,350 per sq ft as of June 2026. This represents a notable appreciation of 13.59% from March 2026 to June 2026, signaling strong buyer interest and sustained demand for apartment-style living in the city.
