Property rates in Kannur average ₹9,600 per sq ft, reflecting a period of price adjustment in the local real estate landscape. The market showcases a healthy rental environment with an average yield of 4.88%, drawing interest from investors looking for steady returns. With diverse residential options ranging from new launches to well-occupied developments, the locality remains a functional choice for those balancing immediate occupancy needs with competitive entry-level pricing.
Insights for Kannur, Bangalore Real Estate Market Overview
The real estate market in Kannur displays a dynamic interplay between capital values and rental growth, offering distinct opportunities for both home seekers and investors. While capital rates have seen recent fluctuations, the rental segment maintains consistent demand, particularly for apartment-style living. Investors are increasingly focusing on the area's 4.88% rental yield, which underscores the steady demand for well-maintained residential units. The supply chain includes a mix of ready-to-move projects and emerging new launches, providing flexibility for varied possession timelines.
The market average for apartments currently stands at ₹9,600 per sq ft.
Ready-to-move properties are priced at an average of ₹9,100 per sq ft, catering to immediate occupancy demand.
New launch projects maintain a competitive average rate of ₹9,700 per sq ft.
Rental rates across the region average ₹39 per sq ft, with 3 BHK units fetching approximately ₹60,350 per month.
Top-tier projects like Sobha City Casa Serenita continue to lead both the sales and rental interest charts.
Market Strengths
A healthy rental yield of 4.88% indicates strong sustained demand for residential tenancies.
Diverse project statuses ensure a steady supply of both immediate occupancy and future-ready inventory.
Competitive entry prices in Narayanapura at ₹7,900 per sq ft attract a broader demographic of buyers.
Well-occupied projects command a premium average price of ₹11,000 per sq ft, signaling high project desirability.
Rental rates across the region remain consistent at an average of ₹39 per sq ft.
Market Challenges
Apartment prices have seen a -13.98% change, indicating a recent cooling in capital value appreciation.
Ready-to-move inventory has experienced a -12.75% price change, reflecting a cautious market sentiment.
Goyal and Co Orchid Greens has seen a -13.11% price change, which may impact short-term resale expectations.
Rental rates for Goyal and Co Orchid Greens dropped by -5.71%, highlighting variability in rental project performance.
Investment Opportunities
The 4.88% rental yield provides a compelling case for investors seeking recurring income streams.
Ready-to-move apartments at ₹9,100 per sq ft offer immediate rental potential for investors.
3 BHK units generate an average monthly rent of ₹60,350, appealing to families and long-term tenants.
New launch projects at ₹9,700 per sq ft allow for capital appreciation potential for early-stage investors.
High-demand projects like Sobha City Casa Serenita offer stable rental rates of ₹39 per sq ft.
Top Localities in Kannur, Bangalore
Hegde Nagar
Avg Price₹ 18,700 /Sq.Ft.
LISTINGS
21
Price Trend
Kannur, Bangalore Property Price Trends and Appreciation
Kannur saw property rates reach ₹9,600 per sq ft by March 2026. This follows a high of ₹11,150 per sq ft in December 2025, illustrating a downward adjustment from the previous quarter. In September 2025, the location rate was recorded at ₹10,150 per sq ft, highlighting the volatility within the current market cycle.
The surrounding micromarkets show a wide range of property valuations, with Kothanur commanding a premium at ₹22,450 per sq ft for villas. Jakkuru and Thanisandra Main Road also feature as high-value areas, averaging ₹13,650 and ₹13,400 per sq ft respectively. In contrast, Narayanapura offers a more accessible entry point, currently priced at ₹7,900 per sq ft, which is significantly lower than the broader cluster averages.
Kannur's residential market is primarily driven by apartment offerings, which are currently priced at an average of ₹9,600 per sq ft. This category has experienced a shift of -13.98% over the recent period, reflecting a correction in buyer expectations and market value. These apartments serve as the primary product type for the region, catering to both end-users and investors.
Premium residential developments in Kannur set the value benchmarks for the locality. Goyal and Co Orchid Greens leads the segment at ₹11,800 per sq ft, despite a -13.11% change, while Sobha City Santorini and Casa Serenita both hold steady at ₹11,050 per sq ft. Additional projects like Kanakashree Layout and Poulomi Florique are priced at ₹10,950 and ₹10,850 per sq ft respectively, attracting buyers looking for established residential addresses.
Project Name
Rate (₹/Sq.Ft)
Change %
Sobha City Casa Serenita, Kannur
39
5.4
Sobha City Santorini, Kannur
36
2.9
Goyal And Co Orchid Greens, Kannur
33
-5.7
Supertech Micasa, Kannur
30
-
Top projects demonstrate strong rental performance, led by Sobha City Casa Serenita at ₹39 per sq ft, reflecting a 5.41% increase. Sobha City Santorini follows at ₹36 per sq ft with a 2.86% rise, while Supertech Micasa maintains a steady rental rate of ₹30 per sq ft.
Rental Trends
Rental Trends and Average Rent in Kannur, Bangalore
Rental demand is segmented across various unit types, with 1 BHK apartments averaging ₹34,100 per month. Those seeking larger spaces can opt for 2 BHK units at ₹42,100 per month, while 3 BHK units command a higher monthly rent of ₹60,350. Rental rates are uniform across several key sub-locations, with Agrahara Badavane, Chokkanahalli, and Chikkagubbi Village all averaging ₹50 per sq ft. Other areas including Kogilu, Kothanur, and Byrathi also maintain this ₹50 per sq ft rental benchmark, showing varied growth patterns like the 6.06% increase noted in Byrathi. Apartment rentals in the region are stable, with an average rate of ₹50 per sq ft. This segment has witnessed a growth of 2.56% over the reported period, indicating a steady appreciation in rental values for apartment-style properties. Top projects demonstrate strong rental performance, led by Sobha City Casa Serenita at ₹39 per sq ft, reflecting a 5.41% increase. Sobha City Santorini follows at ₹36 per sq ft with a 2.86% rise, while Supertech Micasa maintains a steady rental rate of ₹30 per sq ft.
Rental demand is segmented across various unit types, with 1 BHK apartments averaging ₹34,100 per month. Those seeking larger spaces can opt for 2 BHK units at ₹42,100 per month, while 3 BHK units command a higher monthly rent of ₹60,350.
Rental rates are uniform across several key sub-locations, with Agrahara Badavane, Chokkanahalli, and Chikkagubbi Village all averaging ₹50 per sq ft. Other areas including Kogilu, Kothanur, and Byrathi also maintain this ₹50 per sq ft rental benchmark, showing varied growth patterns like the 6.06% increase noted in Byrathi.
Apartment rentals in the region are stable, with an average rate of ₹50 per sq ft. This segment has witnessed a growth of 2.56% over the reported period, indicating a steady appreciation in rental values for apartment-style properties.
Frequently Asked Questions About Property Rates in Kannur, Bangalore
What is the current average asking price in Kannur, Bangalore?
As of June 2026, the average asking price in Kannur is ₹9,600 per sq ft. This figure represents a depreciation of 13.98% compared to the previous period, reflecting a market correction in the locality. Understanding this trend is essential for buyers and investors to gauge the current entry point relative to recent historical performance.
How have property prices in Kannur trended over the last few quarters?
The property price trend in Kannur has shown mixed movement, with the average asking price recorded at ₹9,600 per sq ft as of June 2026. Data from the preceding quarters shows fluctuations, with the location rate moving from ₹10,150 per sq ft in September 2025 to ₹11,150 per sq ft in December 2025, before adjusting to ₹9,600 per sq ft by March 2026. These shifts indicate a dynamic market where buyers should carefully evaluate the timing of their investment.
How do property rates in Kannur compare to nearby neighbourhoods?
Property rates in Kannur vary significantly when compared to surrounding areas in Bangalore. For instance, Thanisandra Main Road commands a higher average asking price of ₹13,400 per sq ft (which has appreciated by 3.3%), while Narayanapura offers a more accessible entry point at ₹7,900 per sq ft (having appreciated by 2%). Other nearby locations like Jakkuru and Rachenahalli are priced at ₹13,650 per sq ft and ₹13,250 per sq ft respectively, highlighting that Kannur remains a competitively priced option within the North Bangalore corridor.
What is the price difference between ready-to-move and new-launch projects in Kannur?
As of June 2026, ready-to-move properties in Kannur are priced at an average of ₹9,100 per sq ft, which has depreciated by 12.75% over the observed period. In contrast, new-launch projects are currently priced at ₹9,700 per sq ft, a segment that has remained stable with 0% change. This pricing structure suggests that investors might find value in the ready-to-move segment, while new launches cater to those seeking modern amenities at a slightly higher premium.
What is the average rental yield in Kannur, and what does it signify for investors?
The average rental yield in Kannur stands at 4.88% as of June 2026, with an average rental rate of ₹39 per sq ft. This yield is a key metric for investors, as it represents the annual return on investment from rental income relative to the property's purchase price. The rental market has shown positive momentum, with the overall average rental rate appreciating by 5.41% as of June 2026, indicating healthy demand for rental housing in the area.
What are the typical monthly rental rates for different BHK configurations in Kannur?
Rental rates in Kannur scale according to the size of the unit, with 1 BHK apartments averaging ₹34,100 per month, 2 BHK apartments at ₹42,100 per month, and 3 BHK apartments at ₹60,350 per month as of June 2026. These figures provide a clear benchmark for tenants and landlords, reflecting the premium associated with larger living spaces in the locality. Investors can use these BHK-wise statistics to align their property acquisition strategy with the most in-demand rental segments.
Which projects in Kannur command the highest rental rates?
Premium projects in Kannur, such as Sobha City Casa Serenita and Sobha City Santorini, lead the rental market with current rental rates of ₹39 per sq ft and ₹36 per sq ft respectively as of June 2026. Sobha City Casa Serenita has seen its rental rate appreciate by 5.41%, while Sobha City Santorini has appreciated by 2.86%. Other notable projects include Goyal and Co Orchid Greens at ₹33 per sq ft, which has experienced a depreciation of 5.71%, and Supertech Micasa at ₹30 per sq ft, which has remained stable.
How should a buyer interpret the property rates data on this page?
Buyers should use the provided data to identify price trends, compare locality-specific averages, and understand the premium commanded by different project statuses. For example, knowing that the average asking price in Kannur is ₹9,600 per sq ft as of June 2026 allows for a baseline comparison against other regions. By examining the appreciation or depreciation percentages—such as the 13.98% depreciation in the overall apartment segment—buyers can better assess whether the current market conditions favor negotiation or a cautious approach.
