Property rates in Kannur average ₹9,600 per sq ft, reflecting a period of price adjustment in the local real estate landscape. The market shows a diverse range of opportunities, with rental yields currently at 4.88%. Investors and homebuyers can find significant value, particularly in the well-occupied segment where rates reach ₹11,000 per sq ft, highlighting the area's ongoing residential appeal and steady demand for quality living spaces.
Insights for Kannur, Bangalore Real Estate Market Overview
The Kannur real estate market is undergoing a transition, characterized by a current average price of ₹9,600 per sq ft. Recent quarterly data indicates fluctuations, with rates moving from ₹10,150 in September 2025 to ₹11,150 in December, before settling at the current level. The rental market remains a strong performer, providing a solid yield of 4.88% with an average monthly rental rate of ₹39 per sq ft. This stability is supported by a mix of ready-to-move and new launch projects that cater to varying buyer timelines and investment strategies.
Rental demand is robust, with 3 BHK apartments commanding an average of ₹60,350 per month.
Ready-to-move projects currently average ₹9,100 per sq ft, offering immediate entry for homebuyers.
New launch developments are priced at an average of ₹9,750 per sq ft, indicating sustained developer confidence.
The rental market shows positive growth, with an overall increase of 5.41% in average rental rates.
Projects such as Sobha City Casa Serenita and Goyal and Co Orchid Greens remain key benchmarks for the locality.
Market Strengths
A strong average rental rate of ₹39 per sq ft indicates consistent demand for rental housing.
The rental market is growing, evidenced by a 5.41% increase in average rental rates.
Diverse rental options exist, ranging from 1 BHK to 3 BHK units to suit various tenant needs.
Top projects like Sobha City Casa Serenita maintain strong rental performance with a 5.41% growth rate.
The locality supports a mix of well-occupied and new-launch projects, ensuring long-term residential viability.
Market Challenges
Apartment prices have experienced a correction of -13.98%, reflecting short-term market volatility.
Ready-to-move projects have seen a price change of -12.75%, which may impact immediate resale valuations.
Some established projects like Goyal and Co Orchid Greens have seen price adjustments of -13.11%.
Investment Opportunities
A solid rental yield of 4.88% makes Kannur an attractive prospect for buy-to-let investors.
The 1 BHK segment offers an accessible entry point with average monthly rents of ₹34,100.
Ready-to-move inventory priced at ₹9,100 per sq ft provides a lower cost-of-entry compared to the broader market average.
New launch projects at ₹9,700 per sq ft present opportunities for capital appreciation in an emerging locality.
Kannur, Bangalore Property Price Trends and Appreciation
Kannur experienced a notable shift in property values over the last three quarters, starting at ₹10,150 per sq ft in September 2025. Prices climbed to ₹11,150 by December 2025 before the most recent adjustment to ₹9,600 per sq ft. This trend reflects the evolving market dynamics within this Bangalore micromarket.
Real estate values across the surrounding regions display significant variety, with Kothanur commanding a premium at ₹22,450 per sq ft for villas. Thanisandra Main Road and Jakkuru also hold strong positions, averaging ₹13,400 and ₹13,650 per sq ft respectively. In contrast, Narayanapura offers a more accessible entry point at ₹7,900 per sq ft, while Kogilu Road remains competitively priced at ₹9,750 per sq ft.
Kannur's residential market is currently anchored by apartment living, which averages ₹9,600 per sq ft. This segment has seen a price adjustment of -13.98%, providing a potential entry point for value-focused buyers looking to establish a presence in this growing Bangalore corridor.
Premium residential developments in Kannur set the tone for the local market, with projects like Goyal and Co Orchid Greens priced at ₹11,800 per sq ft. Sobha City Santorini and Casa Serenita both offer high-quality living at ₹11,050 per sq ft, while Kanakashree Layout and Poulomi Florique maintain stable pricing near the ₹10,900 per sq ft mark. More affordable options like Orchid Enclave Kannuru and Jayama Nilayam are available at ₹6,850 per sq ft, catering to a broad demographic.
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 are driving rental activity, with Sobha City Casa Serenita and Santorini both commanding strong interest. Sobha City Casa Serenita leads with a 5.41% increase in rental rates, while Goyal and Co Orchid Greens has seen a -5.71% adjustment, providing varied options for potential tenants.
Rental Trends
Rental Trends and Average Rent in Kannur, Bangalore
Rental demand in Kannur is segmented across unit types, with 1 BHK apartments averaging ₹34,100 per month. 2 BHK units command an average of ₹42,100 per month, while 3 BHK apartments provide higher monthly returns at ₹60,350 per month, showcasing the preference for larger living spaces. Rental rates across the vicinity are highly consistent, with most locations including Chokkanahalli, Chikkagubbi Village, and Thanisandra Main Road averaging ₹50 per sq ft. Byrathi shows the highest growth in rental rates at 6.06%, while Agrahara Badavane and Hennur Road have seen slight adjustments of -3.03% and -2.86% respectively. The apartment rental market in Kannur remains stable, with an average rate of ₹50 per sq ft. This segment has demonstrated positive momentum with a 2.56% year-over-year increase, reflecting steady interest from tenants. Top projects are driving rental activity, with Sobha City Casa Serenita and Santorini both commanding strong interest. Sobha City Casa Serenita leads with a 5.41% increase in rental rates, while Goyal and Co Orchid Greens has seen a -5.71% adjustment, providing varied options for potential tenants.
Rental demand in Kannur is segmented across unit types, with 1 BHK apartments averaging ₹34,100 per month. 2 BHK units command an average of ₹42,100 per month, while 3 BHK apartments provide higher monthly returns at ₹60,350 per month, showcasing the preference for larger living spaces.
Rental rates across the vicinity are highly consistent, with most locations including Chokkanahalli, Chikkagubbi Village, and Thanisandra Main Road averaging ₹50 per sq ft. Byrathi shows the highest growth in rental rates at 6.06%, while Agrahara Badavane and Hennur Road have seen slight adjustments of -3.03% and -2.86% respectively.
The apartment rental market in Kannur remains stable, with an average rate of ₹50 per sq ft. This segment has demonstrated positive momentum with a 2.56% year-over-year increase, reflecting steady interest from tenants.
Frequently Asked Questions About Property Rates in Kannur, Bangalore
What is the average asking price in Kannur as of June 2026?
As of June 2026, the average asking price in Kannur is ₹9,600 per sq ft. This figure reflects a depreciation of 13.98% compared to the previous period, signaling a market correction in the locality that may offer more accessible entry points for prospective homebuyers.
How have property price trends in Kannur moved recently?
Property price trends in Kannur have shown a fluctuating trajectory, with the micromarket rate recorded at ₹11,200 per sq ft in June 2026, up from ₹11,150 per sq ft in March 2026. This slight upward movement in the micromarket rate contrasts with the broader locality average, suggesting that specific pockets within the region are maintaining or gaining value despite the overall locality-level price adjustment.
What is the difference in pricing between Ready To Move and New Launch properties in Kannur?
In Kannur, as of June 2026, Ready To Move properties are priced at an average of ₹9,100 per sq ft, which has depreciated by 12.75% over the observed period. In comparison, New Launch projects are currently priced at ₹9,700 per sq ft, a segment that has remained stable with 0% change, reflecting a premium for newer inventory despite the broader market's recent downward trend.
What is the average rental yield in Kannur and what does it mean for investors?
The average rental yield in Kannur stands at 4.88% as of June 2026, providing a clear indicator of the income-generating potential for property owners. With an average rental rate of ₹39 per sq ft, which has appreciated by 5.41% compared to the previous period, this yield suggests a healthy balance between capital investment and recurring rental income, making it a point of interest for long-term investors.
What is the typical monthly rent for different BHK configurations in Kannur?
As of June 2026, rental rates in Kannur vary by unit size: 1 BHK apartments average ₹34,100 per month, 2 BHK units average ₹42,100 per month, and 3 BHK apartments command an average of ₹60,350 per month. These figures provide a comprehensive guide for tenants and landlords, showing the tiered pricing structure that accommodates different household sizes and budget profiles in the area.
Which projects in Kannur currently command the highest rental rates?
Among the top projects in Kannur, Sobha City Casa Serenita leads with a current rental rate of ₹39 per sq ft, having appreciated by 5.41% as of June 2026. Other prominent projects include Sobha City Santorini at ₹36 per sq ft (up 2.86%) and Goyal and Co Orchid Greens at ₹33 per sq ft, which saw a depreciation of 5.71% in the same period, highlighting how individual project demand influences rental performance.
How do property prices in Kannur compare to nearby neighbourhoods?
Property prices in the vicinity of Kannur show significant variation; for instance, Kothanur commands a premium with an average rate of ₹22,450 per sq ft (up 8.48% as of June 2026), while Narayanapura is more affordable at ₹7,900 per sq ft (up 2%). Other areas like Thanisandra Main Road at ₹13,400 per sq ft and Jakkuru at ₹13,650 per sq ft reflect the diverse investment landscape surrounding Kannur.
What are the top projects in Kannur by listing rates?
The top projects by listing rates in Kannur as of June 2026 include Goyal and Co Orchid Greens at ₹11,800 per sq ft (down 13.11%), followed by Sobha City Santorini and Sobha City Casa Serenita, both at ₹11,050 per sq ft (down 2.76%). These projects represent the premium segment of the locality, and the observed depreciation percentages indicate a recent softening in asking prices for these high-value residential developments.
How should a buyer interpret the property rate data for Kannur?
Buyers should use the property rate data for Kannur to identify value opportunities by comparing the current average of ₹9,600 per sq ft against the specific status of projects, such as the ₹9,100 per sq ft for Ready To Move units. By monitoring the 13.98% depreciation in the locality average as of June 2026, investors can gauge whether the current market conditions align with their entry price targets and long-term capital appreciation goals.
