Kozhikode
The Palazhi real estate market demonstrates a clear upward trajectory, with current asking prices reaching ₹7,650 per sq ft. This growth is underscored by a substantial 26.77% increase in property values, particularly within the apartment segment. Market activity indicates that residential demand remains robust, positioning the area as a sought-after destination for those looking to invest in Kozhikode. Developments in nearby regions like Thondayad continue to provide a valuable benchmark for local property valuations.
The average asking price in Palazhi is ₹7,650 per sq ft as of September 2026. This figure reflects a significant appreciation of 26.77% when compared to the rates observed in June 2026, indicating a period of rapid value growth and strong market demand in this locality.
Property prices in Palazhi have shown a consistent upward trajectory from December 2025 to June 2026. Data shows the location rate rose from ₹5,850 per sq ft in December 2025 to ₹6,050 per sq ft in March 2026, before reaching ₹7,650 per sq ft in June 2026. This sustained growth signals high buyer confidence and a tightening supply of residential apartments in the area.
The average asking price in Palazhi, currently at ₹7,650 per sq ft, is higher than the average asking price in Thondayad, which stands at ₹7,150 per sq ft as of September 2026. Thondayad has also experienced notable growth, with its rates appreciating by 11.47% over the recent period, suggesting that the broader region is seeing a positive shift in real estate valuation.
Apartments in Palazhi are currently priced at an average of ₹7,650 per sq ft as of September 2026. This property type has seen a strong appreciation of 26.77% compared to the previous quarter, June 2026, highlighting that apartments remain the primary and most sought-after residential asset class in this locality.
