The real estate market in Punkunnam shows consistent growth, with property values rising from ₹4,200 per sq ft in late 2025 to the current level of ₹4,650 per sq ft. This upward momentum is primarily driven by the apartment sector, which remains the most active and highly valued property type in the area. Investors and homebuyers are closely watching these trends as the locality establishes itself as a preferred residential hub within Thrissur. The market maintains a balanced outlook, favoring established apartment configurations over other residential formats.
The average asking price in Punkunnam is ₹4,650 per sq ft as of June 2026. This figure reflects a positive market movement, having appreciated by 3.65% from December 2025 to March 2026, indicating a steady demand for residential assets in this locality.
Property prices in Punkunnam have shown a consistent upward trajectory over the last few quarters. The average rate rose from ₹4,200 per sq ft in September 2025 to ₹4,500 per sq ft in December 2025, and further climbed to ₹4,650 per sq ft by March 2026, signaling sustained investor and buyer confidence in the area.
As of June 2026, apartments in Punkunnam command a higher average asking price of ₹4,650 per sq ft, which has appreciated by 3.65% from December 2025 to March 2026. In contrast, villas are currently priced at an average of ₹4,150 per sq ft, having experienced a depreciation of 6% during the same period from December 2025 to March 2026, suggesting a shift in buyer preference toward apartment-style living in this market.
Punkunnam presents a stable residential market with an average asking price of ₹4,650 per sq ft as of June 2026. With a consistent appreciation trend observed between September 2025 and March 2026, the locality demonstrates resilience, making it a potentially attractive option for end-users looking for established residential infrastructure and steady value growth.