Property Rates in Kannur, Bangalore 2026

Property prices in Kannur have shown a fluctuating trajectory over the past few quarters. As of March 2026, the location rate stands at ₹9,600 per sq ft, following a period in December 2025 where it reached ₹11,150 per sq ft. This movement suggests a dynamic market environment where price discovery is ongoing, and stakeholders should monitor these quarterly shifts to understand the evolving demand-supply balance.

As of March 2026, property rates in Kannur vary by project status, with Ready To Move units averaging ₹9,000 per sq ft, which has seen a depreciation of 13.55% over the observed period. Well Occupied projects are priced higher at ₹11,000 per sq ft, reflecting a 1.41% depreciation, while New Launch projects are positioned at ₹10,850 per sq ft, showing price stability with 0% change. These variations highlight that premium pricing is often associated with occupancy levels and the freshness of the project inventory.

The average rental yield in Kannur is 4.88% as of March 2026, providing a key metric for investors evaluating income-generating potential. Alongside this yield, the average rental rate is ₹39 per sq ft, which has appreciated by 5.41% compared to the previous period. A rental yield of this level suggests a balanced outlook for landlords, where rental income provides a steady return relative to the capital invested in residential properties.

As of March 2026, the monthly rental rates in Kannur are structured by unit size to cater to diverse tenant profiles. A 1 BHK apartment typically rents for ₹34,100 per month, while 2 BHK units average ₹42,000 per month. For larger requirements, 3 BHK apartments command an average rent of ₹62,100 per month. These figures offer a clear benchmark for both tenants planning their budgets and landlords setting competitive rental prices.

As of March 2026, premium rental projects in Kannur include Sobha City Casa Serenita at ₹39 per sq ft, which has appreciated by 5.41%, and Sobha City Santorini at ₹36 per sq ft, showing an appreciation of 2.86%. Other notable projects include Goyal and Co Orchid Greens at ₹33 per sq ft, which saw a depreciation of 5.71%, and Supertech Micasa at ₹30 per sq ft, which has remained stable with 0% change. These rates reflect the premium that specific, well-maintained residential complexes command in the local rental market.

Rental rates across neighbourhoods near Kannur are largely consistent, with most areas such as Agrahara Badavane, Chokkanahalli, and Thanisandra Main Road averaging ₹50 per sq ft as of March 2026. Hennur Road also maintains this average and has experienced an appreciation of 2.94% compared to the previous period. Kogilu is another notable area with an average rental rate of ₹50 per sq ft, which has seen a significant appreciation of 16.67%, signaling growing demand in that specific pocket.

Buyers in Kannur can use the price gap between project statuses to align with their risk appetite and timeline. As of March 2026, Ready To Move projects are priced at ₹9,000 per sq ft, while New Launch projects are priced at ₹10,850 per sq ft. The higher price for New Launch projects often reflects modern amenities and current construction costs, whereas the lower rate for Ready To Move units may offer immediate utility and lower uncertainty, though both segments have seen varying degrees of price adjustment recently.

As of March 2026, Goyal and Co Orchid Greens is listed at ₹11,800 per sq ft, reflecting a depreciation of 13.11% over the comparison period. Meanwhile, Sobha City Santorini is listed at ₹11,050 per sq ft, which has seen a depreciation of 2.76%. These rates provide a snapshot of the current market positioning for these specific developments, helping prospective buyers compare them against the broader locality average of ₹9,600 per sq ft.