Thrissur
The real estate market in Punkunnam has demonstrated notable movement recently, with property values rising from ₹4,200 per sq ft in September 2025 to the current level of ₹4,650 per sq ft. This appreciation highlights a strengthening demand for residential assets in this part of Thrissur. Buyers have a distinct choice between apartment living and villa options, each showing different price trends that cater to diverse investment goals. The market landscape is currently defined by a clear preference for apartment units, which continue to command premium valuations compared to villa properties.
The average asking price in Punkunnam is ₹4,650 per sq ft as of June 2026. This figure represents an appreciation of 3.65% from March 2026 to June 2026, signaling a steady demand for residential properties in this locality.
Property prices in Punkunnam have shown a consistent upward trajectory over the past three 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 increased to ₹4,650 per sq ft by March 2026, reflecting sustained buyer interest and market confidence in the area.
As of June 2026, apartments in Punkunnam command an average price of ₹4,650 per sq ft, which has appreciated by 3.65% since March 2026. In contrast, villas are priced at an average of ₹4,150 per sq ft, having experienced a depreciation of 6% during the same period, suggesting a shift in buyer preference or supply dynamics favoring apartment living in this locality.
A prospective buyer should view the price appreciation in Punkunnam as a sign of a maturing residential market. With the average asking price reaching ₹4,650 per sq ft as of June 2026, the consistent growth observed from September 2025 through March 2026 indicates that Punkunnam is becoming an increasingly sought-after destination for residential investment and end-use.
