Mangalore
Surathkal maintains a stable real estate profile in Mangalore, characterized by an average asking price of ₹3,550 per sq ft for apartments. The local market dynamics show a minor price adjustment of -1.01% for residential units, providing a stable entry point for those looking to invest in this growing corridor. Rental activity in the broader Mangalore region highlights varied demand, with rates reaching up to ₹100 per sq ft in central areas like Hampankatta and Mangalore Port. This combination of accessible purchase prices and active rental corridors supports a balanced environment for both end-users and investors.
The average asking price in Surathkal is ₹3,550 per sq ft as of June 2026. This rate has remained stable, showing a 0% change compared to the previous period, which suggests a balanced market environment where supply and demand are currently in equilibrium.
Property prices in Surathkal are significantly more accessible than in the neighbouring area of Kadri. While the average asking price in Surathkal stands at ₹3,550 per sq ft as of June 2026, Kadri commands a higher average rate of ₹5,750 per sq ft, which has also remained stable with a 0% change.
Apartment prices in Surathkal have seen a marginal adjustment, with the average price currently at ₹3,550 per sq ft as of June 2026. This reflects a depreciation of 1.01% compared to the prior period, indicating a slight softening in the pricing for residential apartments in this locality.
Rental rates in the vicinity of Surathkal show distinct variations across key areas. As of June 2026, Hampankatta and Mangalore Port both command an average rental rate of ₹100 per sq ft, while Derebail offers a more affordable entry point at ₹50 per sq ft. These rates have remained stable with a 0% change, reflecting consistent rental demand in these specific pockets.
Investors evaluating the Surathkal region should note that while specific rental data for the locality is currently unavailable, surrounding areas like Hampankatta and Mangalore Port are commanding rental rates of ₹100 per sq ft as of June 2026. Since the rental yield is currently not established, investors should focus on the capital appreciation potential of the ₹3,550 per sq ft average asking price in Surathkal to determine long-term viability.
