Property Rates in Kannur, Bangalore 2026

The property market in Kannur has shown a dynamic trajectory, with the micromarket rate reaching ₹11,500 per sq ft as of September 2026. This reflects a gradual upward trend from ₹11,400 per sq ft in June 2026, ₹11,150 per sq ft in March 2026, and ₹10,850 per sq ft in December 2025, suggesting a sustained increase in demand over the past four quarters.

Property rates in Kannur vary significantly compared to surrounding areas. As of September 2026, Rachenahalli commands a higher average of ₹13,450 per sq ft (up 1.53% from the previous period), while areas like Kothanur and Sathnur are more accessible at ₹7,650 per sq ft and ₹8,000 per sq ft, respectively. These variations allow buyers to choose between premium pockets like Chokkanahalli at ₹12,950 per sq ft and more budget-friendly options depending on their investment goals.

As of September 2026, Ready To Move properties in Kannur are priced at an average of ₹11,400 per sq ft, having appreciated by 25.41% compared to the previous period. In contrast, New Launch projects are available at an average of ₹10,100 per sq ft, showing a more moderate appreciation of 4.09% over the same timeframe. This price gap often reflects the premium buyers are willing to pay for immediate possession versus the potential for future value growth in newer developments.

Investors in Kannur can expect an average rental yield of 5.00% as of September 2026. This yield, paired with an average rental rate of ₹40 per sq ft (which has appreciated by 2.56% compared to the previous period), provides a clear metric for evaluating the income-generating potential of residential assets in this locality relative to their capital purchase price.

As of September 2026, rental rates in Kannur are tiered by size: 1 BHK apartments average ₹34,500 per month, 2 BHK units average ₹42,300 per month, and 3 BHK apartments average ₹59,800 per month. These figures help tenants and landlords understand the market positioning of different unit types, with larger configurations commanding significantly higher monthly returns.

As of September 2026, premium projects in Kannur include Sobha City Casa Serenita at ₹39 per sq ft (up 5.41% from the previous period), Sobha City Santorini at ₹36 per sq ft (up 2.86%), and Goyal and Co Orchid Greens at ₹33 per sq ft (which depreciated by 5.71% from the previous period). These projects are highly sought after by tenants, reflecting their status as top-tier residential developments in the area.

When evaluating projects in Kannur, it is essential to look at both current rates and recent growth. For instance, as of September 2026, Sobha City Santorini is priced at ₹14,300 per sq ft, having appreciated by 29.24% compared to the previous period, which signals strong buyer confidence. Conversely, projects like Supertech Micasa, currently at ₹5,100 per sq ft, have seen a significant depreciation of 47.71% over the same period, highlighting the importance of project-specific due diligence before making an investment decision.

The Kannur market offers opportunities for both, depending on the strategy. With a rental yield of 5.00% as of September 2026, investors can find steady income, while the 25.41% appreciation in Ready To Move properties over the previous period suggests that end-users prioritizing immediate occupancy are entering a market with demonstrated value growth. Buyers should balance these trends against their personal timeline and financial objectives.