The Udupi real estate market showcases a distinct divergence in performance across property categories, driven primarily by a sharp rise in the luxury villa segment. While apartments maintain a consistent pricing structure, the villa market has experienced substantial growth, signaling a shift in buyer demand toward premium independent living spaces. Investors and homebuyers are navigating a landscape where property type dictates both the entry cost and the recent value trajectory.
The average asking price in Udupi is ₹3,750 per sq ft as of March 2026. This figure represents a depreciation of 2.89% compared to the previous period, reflecting a recent market adjustment in the residential apartment segment.
Villas in Udupi command a significantly higher average asking price of ₹4,950 per sq ft as of March 2026, compared to ₹3,750 per sq ft for apartments. Notably, the villa segment has seen a substantial appreciation of 61.72% when comparing the current period to the previous data cycle, indicating a strong shift in demand or premium positioning for independent housing in the city.
A buyer in Udupi should note that while the overall residential market average is currently ₹3,750 per sq ft, the market shows divergent trends based on property type as of March 2026. The 2.89% depreciation in apartment prices suggests a period of price correction or stabilization, whereas the sharp 61.72% appreciation in villa pricing highlights that luxury or independent property segments are experiencing different market dynamics than the broader apartment market.