Property rates in Kannur average ₹9,600 per sq ft. This valuation reflects a notable shift in the local residential market, which currently features a healthy mix of ready-to-move and new launch developments. With a rental yield of 4.88%, the area is attracting interest from investors looking for consistent returns. The market remains competitive, offering diverse housing options that cater to different buyer needs while maintaining a steady pulse on regional price trends.
Insights for Kannur, Bangalore Real Estate Market Overview
The Kannur real estate market presents a dynamic landscape for both homebuyers and investors, characterized by a mix of ready-to-move projects and emerging new launches. Prices have shown recent fluctuations, yet the area continues to offer attractive entry points compared to broader regional benchmarks. Rental activity is particularly vibrant, driven by strong demand for residential apartments across various configurations. Investors are taking note of the steady rental yield, which complements the long-term capital appreciation potential of this well-connected locality.
Residential property rates currently hover at an average of ₹9,600 per sq ft.
Rental yields in the area are documented at 4.88%, highlighting strong income potential.
Ready-to-move units are priced at approximately ₹9,000 per sq ft, providing immediate value for buyers.
The rental market shows consistent growth, with 3 BHK apartments commanding an average of ₹62,100 per month.
New launch projects are currently listed at an average of ₹10,850 per sq ft, indicating premium pricing for modern amenities.
Market Strengths
A respectable rental yield of 4.88% serves as a primary driver for investment confidence in the region.
Diverse rental options exist, ranging from 1 BHK at ₹34,100 to 3 BHK at ₹62,100 per month.
Established projects like Sobha City Santorini and Casa Serenita maintain a strong presence with rental rates reaching ₹39 per sq ft.
The market offers a balanced supply, with ready-to-move units providing stability alongside new launches.
Kannur benefits from its strategic location in North Bangalore, maintaining consistent demand for residential apartments.
Market Challenges
The -13.98% change in apartment pricing suggests a period of market correction that may impact short-term capital growth.
Ready-to-move inventory has seen a -13.55% change, reflecting ongoing adjustments in the secondary sales market.
Certain top projects have experienced double-digit negative price changes, such as the -13.11% recorded at Goyal and Co Orchid Greens.
The high variance in project performance suggests that investors must carefully select properties to avoid the impact of recent price volatility.
Investment Opportunities
A solid rental yield of 4.88% indicates strong potential for consistent monthly income for property owners.
The availability of ready-to-move projects at an average of ₹9,000 per sq ft offers an attractive entry point for immediate rental income generation.
Investing in 1 BHK units provides a lower-cost entry into the rental market with an average monthly return of ₹34,100.
The 3 BHK segment in the rental market generates the highest monthly income at ₹62,100, appealing to families and long-term tenants.
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 has witnessed a transition in its pricing landscape, with the local rate currently at ₹9,600 per sq ft as of March 2026. This follows a period of adjustment from the ₹11,150 per sq ft recorded in December 2025. These fluctuations reflect the evolving nature of supply and demand within the immediate micromarket.
Real estate values across the nearby localities show significant variation, reflecting the diverse character of the North Bangalore region. Thanisandra Main Road leads the premium segment, commanding an average of ₹13,400 per sq ft, while Jakkuru follows closely at ₹13,650 per sq ft. In contrast, Narayanapura offers a more accessible entry point at ₹7,900 per sq ft. These rates illustrate a wide spectrum of investment opportunities, ranging from upscale residential enclaves to more budget-friendly neighborhoods.
The residential market in Kannur is primarily driven by apartment units, which currently average ₹9,600 per sq ft. This segment has experienced a change of -13.98%, reflecting the current market pricing adjustments. Buyers and investors can find varied options within this category that align with different budgetary requirements and lifestyle preferences.
Kannur offers a range of development stages to suit different investment horizons and occupancy timelines. Ready-to-move inventory is available at an average of ₹9,000 per sq ft, representing a change of -13.55% and catering to those seeking immediate possession. Meanwhile, new launch projects are priced at ₹10,850 per sq ft, while well-occupied developments command a premium average of ₹11,000 per sq ft.
Project & Developer Insights
Top Residential Projects and Developers in Kannur
Top Projectsin Kannur
TVS Emerald Altura is the top project in Kannur with prices from ₹ 1.53 Cr to 2.76 Cr.
TVS Emerald Altura
₹ 1.52 Cr - ₹ 2.75 Cr
North Bangalore, Bangalore
Puravankara Northern Lights
₹ 1.20 Cr - ₹ 4.54 Cr
North Bangalore, Bangalore
Bhartiya Garden Estate
₹ 53.37 L - ₹ 2.39 Cr
North Bangalore, Bangalore
Embassy Greenshore
₹ 1.26 Cr - ₹ 2.69 Cr
North Bangalore, Bangalore
Birla Trimaya
₹ 1.32 Cr - ₹ 5.09 Cr
North Bangalore, Bangalore
Godrej Aveline
₹ 2.88 Cr - ₹ 4.5 Cr
North Bangalore, Bangalore
TVS Emerald Auralis
₹ 1.57 Cr - ₹ 2.53 Cr
North Bangalore, Bangalore
Provident Deansgate
₹ 2.5 Cr - ₹ 3 Cr
North Bangalore, Bangalore
Century Kindle
₹ 1.1 Cr - ₹ 2.02 Cr
North Bangalore, Bangalore
Bhartiya City Nikoo Homes 6
₹ 55.22 L - ₹ 2.93 Cr
North Bangalore, Bangalore
View More
New Launch
Under Construction
Ready to Move
Top Developersin Bangalore
Sobha leads in Bangalore with 168 projects and 24 years of experience.
Sobha
₹ 37 L - ₹ 12 Cr
168 Projects
24 Years
Goyal and Co and Hariyana Group
₹ 44.54 L - ₹ 2.59 Cr
13 Projects
49 Years
Poulomi Estates
1 Projects
M1 Homes
₹ 1.72 Cr - ₹ 4.70 Cr
4 Projects
Allegro Builders and Developers
₹ 68.95 L - ₹ 2.51 Cr
Premium residential projects in Kannur set the benchmark for luxury living in the area. Goyal and Co Orchid Greens leads the list with an asking price of ₹11,800 per sq ft, while Sobha City Santorini and Sobha City Casa Serenita both offer high-end living at ₹11,050 per sq ft. Kanakashree Layout and Poulomi Florique also feature prominently, with rates of ₹10,950 per sq ft and ₹10,850 per sq ft, respectively. These developments highlight the aspirational quality of the local housing market.
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, with Sobha City Casa Serenita leading at ₹39 per sq ft and a 5.41% increase. Sobha City Santorini follows with a rental rate of ₹36 per sq ft and a 2.86% change, while Goyal and Co Orchid Greens offers competitive rental options at ₹33 per sq ft.
Recent Registered Transactions
Recent Registered Transactions in Kannur
Date
Floor/Unit
Tower/Wing
Area
Value
Rate/Sq.Ft.
2025-08-09
Floor 9, Unit 902
B
1180 Sq.Ft.
2025-07-08
Floor 13, Unit 1304
D
1106 Sq.Ft.
2025-07-07
Unit 16
N/A
1200 Sq.Ft.
2025-07-03
Unit 65
N/A
1200 Sq.Ft.
2025-07-02
Unit 111
N/A
2400 Sq.Ft.
2025-07-01
Unit 70
N/A
1200 Sq.Ft.
2025-06-26
Floor 12, Unit A-1203
Sparrow
1891 Sq.Ft.
Rental Trends
Rental Trends and Average Rent in Kannur, Bangalore
Rental preferences in Kannur show a clear hierarchy, with 1 BHK apartments averaging ₹34,100 per month. Demand extends to 2 BHK units at ₹42,000 per month, while 3 BHK apartments command the highest average rent of ₹62,100 per month, catering to larger households. Rental rates remain consistent across the region, with most localities such as Agrahara Badavane, Chokkanahalli, and Thanisandra Main Road averaging ₹50 per sq ft. Hennur Road shows a positive trend with a 2.94% change, while Kogilu has seen a significant rental increase of 16.67%. Apartments are the dominant rental asset in Kannur, averaging ₹50 per sq ft. This property type has shown a steady performance with a 5.41% change, reflecting sustained demand for managed residential spaces. Top projects demonstrate strong rental performance, with Sobha City Casa Serenita leading at ₹39 per sq ft and a 5.41% increase. Sobha City Santorini follows with a rental rate of ₹36 per sq ft and a 2.86% change, while Goyal and Co Orchid Greens offers competitive rental options at ₹33 per sq ft.
Rental preferences in Kannur show a clear hierarchy, with 1 BHK apartments averaging ₹34,100 per month. Demand extends to 2 BHK units at ₹42,000 per month, while 3 BHK apartments command the highest average rent of ₹62,100 per month, catering to larger households.
Rental rates remain consistent across the region, with most localities such as Agrahara Badavane, Chokkanahalli, and Thanisandra Main Road averaging ₹50 per sq ft. Hennur Road shows a positive trend with a 2.94% change, while Kogilu has seen a significant rental increase of 16.67%.
Apartments are the dominant rental asset in Kannur, averaging ₹50 per sq ft. This property type has shown a steady performance with a 5.41% change, reflecting sustained demand for managed residential spaces.
Frequently Asked Questions About Property Rates in Kannur, Bangalore
What is the current 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 market depreciation of 13.98% compared to the previous period, indicating a period of price adjustment in the local residential apartment market.
How have property prices in Kannur trended over recent quarters?
Property prices in Kannur have shown a fluctuating trajectory, with the average asking price recorded at ₹9,600 per sq ft in March 2026, down from ₹11,150 per sq ft in December 2025. This downward movement suggests a cooling in the market, providing a different entry point for buyers compared to the peak observed in late 2025.
How do property prices in Kannur compare across different project statuses?
As of June 2026, property prices in Kannur vary by project status: Ready To Move units are priced at ₹9,000 per sq ft (depreciating by 13.55%), Well Occupied projects command ₹11,000 per sq ft (depreciating by 1.41%), and New Launch projects are priced at ₹10,850 per sq ft, which has remained stable with 0% change. These variations highlight how occupancy and project maturity influence the current valuation of residential assets in the area.
What is the average rental rate and rental yield in Kannur?
As of June 2026, the average rental rate in Kannur is ₹39 per sq ft, which has appreciated by 5.41% compared to the previous period. The current rental yield stands at 4.88%, a key metric for investors evaluating the income-generating potential of their property relative to the capital investment required for purchase.
What are the typical monthly rental rates for different BHK configurations in Kannur?
Rental rates in Kannur are tiered by unit size: 1 BHK apartments average ₹34,100 per month, 2 BHK apartments average ₹42,000 per month, and 3 BHK apartments average ₹62,100 per month as of June 2026. These rates provide a clear benchmark for tenants and landlords, reflecting the premium commanded by larger living spaces in the locality.
Which projects in Kannur currently command the highest rental rates?
Among the top rental projects in Kannur as of June 2026, Sobha City Casa Serenita leads with a current rental rate of ₹39 per sq ft (appreciating by 5.41%), followed by Sobha City Santorini at ₹36 per sq ft (appreciating by 2.86%). Goyal and Co Orchid Greens follows at ₹33 per sq ft (depreciating by 5.71%), and Supertech Micasa maintains a stable rate of ₹30 per sq ft with 0% change.
How do rental rates in Kannur compare to nearby neighbourhoods?
Rental rates across neighbourhoods near Kannur, such as Agrahara Badavane, Chokkanahalli, and Thanisandra Main Road, consistently average ₹50 per sq ft as of June 2026. While many of these areas have seen stable rental performance, Hennur Road has shown a rental appreciation of 2.94%, and Kogilu has experienced a significant rental increase of 16.67%.
What are some of the notable residential projects in Kannur by listing rate?
As of June 2026, premium projects in Kannur include Goyal and Co Orchid Greens at ₹11,800 per sq ft (depreciating by 13.11%) and both Sobha City Santorini and Sobha City Casa Serenita at ₹11,050 per sq ft (each depreciating by 2.76%). Other notable projects include Kanakashree Layout at ₹10,950 per sq ft and Poulomi Florique at ₹10,850 per sq ft, both of which have maintained stable pricing with 0% change.
How should investors interpret the price trends in Kannur?
Investors should note that the average asking price in Kannur as of June 2026 is ₹9,600 per sq ft, following a 13.98% depreciation. When paired with a rental yield of 4.88%, this suggests that while capital appreciation has faced headwinds, the rental market remains active, which may appeal to those prioritizing long-term rental income over immediate capital gains.
How do property rates in Kannur compare to nearby localities?
Property rates in the vicinity of Kannur show significant variation; for instance, Kothanur commands a high of ₹22,450 per sq ft (appreciating by 8.48%), while Narayanapura is more accessible at ₹7,900 per sq ft (appreciating by 2%). Other areas like Jakkuru at ₹13,650 per sq ft and Thanisandra Main Road at ₹13,400 per sq ft demonstrate the premium pricing found in the broader North Bangalore micro-market as of June 2026.
