Property Rates in Kannur, Bangalore 2026

The property market in Kannur has shown a dynamic trajectory, with the micromarket rate reaching ₹11,400 per sq ft as of Jun 2026, up from ₹11,150 per sq ft in Mar 2026. This upward movement in the micromarket rate suggests growing demand in the region, providing a positive signal for long-term investors tracking value appreciation in North Bangalore.

As of Jun 2026, Ready To Move properties in Kannur command an average price of ₹11,400 per sq ft, having appreciated by 25.41% compared to previous periods. Meanwhile, New Launch projects are priced at an average of ₹10,100 per sq ft, reflecting a 4.09% appreciation, which highlights the premium that buyers are currently willing to pay for immediate possession in this locality.

As of Jun 2026, the average rental rate in Kannur is ₹40 per sq ft, which has appreciated by 2.56% over the measured period. The locality currently offers a rental yield of 5.00%, a key metric for investors that indicates a healthy balance between the capital invested in property and the recurring rental income generated.

Rental rates in Kannur vary by unit size, with 1 BHK apartments averaging ₹34,100 per month, 2 BHK apartments at ₹42,100 per month, and 3 BHK apartments at ₹43,500 per month as of Jun 2026. This tiered pricing structure allows tenants to choose options that align with their space requirements while providing landlords with clear benchmarks for competitive rental positioning.

As of Jun 2026, premium projects in Kannur include Sobha City Casa Serenita at ₹39 per sq ft (which appreciated by 5.41%), Sobha City Santorini at ₹36 per sq ft (up by 2.86%), and Goyal and Co Orchid Greens at ₹33 per sq ft (which depreciated by 5.71%). These rates reflect the project-specific amenities and location advantages that influence rental demand in the North Bangalore micromarket.

Property prices in the vicinity of Kannur show significant variation; for instance, Rachenahalli commands a higher average of ₹13,450 per sq ft with a 1.53% appreciation, while Kothanur remains more accessible at ₹7,650 per sq ft with stable pricing as of Jun 2026. Other areas like Chokkanahalli and Chikkagubbi Village are priced at ₹12,950 per sq ft and ₹12,250 per sq ft respectively, helping investors identify which specific neighbourhoods offer the best value relative to their budget.

As of Jun 2026, top projects in Kannur by listing rates include Sobha City Santorini at ₹14,300 per sq ft (up 29.24%), Goyal and Co Orchid Greens at ₹13,750 per sq ft (up 16.77%), and Sobha City Casa Serenita at ₹13,550 per sq ft (up 22.52%). These figures demonstrate strong value growth for these specific developments, making them notable points of interest for those evaluating premium residential options in the area.

A rental yield of 5.00% in Kannur as of Jun 2026 serves as a vital indicator for investors to assess the income-generating potential of their real estate assets. When compared against the average sale price of ₹9,600 per sq ft, this yield helps investors determine the efficiency of their capital allocation, balancing the cost of acquisition against the monthly rental returns achievable in this North Bangalore locality.

Projects like Supertech Micasa, which is listed at ₹5,100 per sq ft, have seen a depreciation of 47.71% as of Jun 2026, while Bens Royal Woods at ₹7,650 per sq ft saw an 8.38% depreciation. Such price adjustments can be attributed to various factors including market corrections or changes in project inventory, offering value-conscious buyers an opportunity to enter the market at a lower price point than the broader locality average.