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Property Rates in Surathkal, Mangalore

Comprehensive Market Snapshot

Property rates in Surathkal average ₹3,550 per sq ft, showing a slight decrease from ₹3,600 per sq ft in the previous quarter. Apartments are a key driver, priced at ₹3,550 per sq ft with a recent dip of 1.01%. Meanwhile, rental demand is evident in areas like Hampankatta and Mangalore Port, both averaging ₹100 per sq ft.

  • Asking Sale Price₹ 3,550 /sq.ft

Insights for Surathkal, Mangalore Real Estate Market

Surathkal's real estate market presents an average asking price of ₹3,550 per sq ft, reflecting a modest quarterly decline from ₹3,600 per sq ft. Apartments, the dominant property type, are currently priced at ₹3,550 per sq ft, experiencing a 1.01% decrease. The rental market shows activity in sub-locations such as Hampankatta and Mangalore Port, where average rental rates stand at ₹100 per sq ft. Notably, Derebail offers rentals at a slightly lower ₹50 per sq ft. The market demonstrates a stable yet dynamic environment, with rental yields and registration activity playing key roles for investors.

  • Apartments in Surathkal have seen a 1.01% decrease in average price, now standing at ₹3,550 per sq ft.
  • Among rental locations, Hampankatta and Mangalore Port command the highest average rental rates at ₹100 per sq ft.
  • Derebail offers a more affordable rental option at ₹50 per sq ft.
  • The quarterly price trend indicates a slight downward movement from ₹3,600 per sq ft in June 2025 to ₹3,550 per sq ft in September 2025.

Market Strengths Market Strengths
  • Apartments are the most prominent property type for sale in Surathkal.
  • Rental demand is notable in specific micro-markets like Hampankatta and Mangalore Port.
  • The rental market offers varied price points, with Derebail being more affordable than Hampankatta and Mangalore Port.
Property Valuation

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Property Price Trends in Surathkal, Mangalore

Asking Price Trends

The asking price for properties in Surathkal has seen a slight adjustment, moving from ₹3,600 per sq ft in June 2025 to ₹3,550 per sq ft by September 2025. This indicates a minor softening in buyer expectations or market conditions over the past quarter.

Quarter City Rate
Mar 2026 0
Dec 2025 0
Sep 2025 3550
Jun 2025 3600
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Price Trends by Property Type

In Surathkal, apartments represent the primary property type for sale, with an average price of ₹3,550 per sq ft and a recent decrease of 1.01%. This indicates a slight cooling in the apartment market segment.

Type Rate (₹/sq.ft) Change %
Apartment 3,550 -1.01
Price Trends by Localities

While specific micro-market data for Surathkal's sale prices isn't detailed, the rental market highlights distinct variations across localities. Hampankatta and Mangalore Port emerge as key rental hubs, both commanding an average of ₹100 per sq ft. In contrast, Derebail offers a more accessible rental price point at ₹50 per sq ft. These rental rate differences suggest varying demand drivers and property types prevalent in each area.

Location Rate (₹/sq.ft) Change %
Kadri 5,750 -

FAQs about Property Rates in Surathkal, Mangalore

What is the current average asking price in Surathkal as of March 2026?

As of March 2026, the average asking price in Surathkal is ₹3,550 per sq ft. This rate has remained stable, showing a 0% change from the previous period. The data indicates that Surathkal's residential apartment market has maintained its price point, suggesting a steady demand-supply balance for apartments in the locality.

How have property prices in Surathkal trended over the past year?

Property prices in Surathkal have seen some fluctuations over the past year. The average micromarket rate was ₹5,700 per sq ft in March 2026, which is a significant increase from the ₹3,550 per sq ft recorded in September 2025. Prior to that, prices were at ₹3,600 per sq ft in June 2025, indicating a general upward movement in the micromarket rates, especially between September 2025 and March 2026.

How do rental rates vary across different neighborhoods near Surathkal?

Rental rates in areas surrounding Surathkal show notable differences. As of March 2026, Derebail has an average rental rate of ₹50 per sq ft, while Hampankatta and Mangalore Port both command higher rates of ₹100 per sq ft. These figures have remained stable with a 0% change, indicating consistent rental demand in these specific micromarkets.

Which micromarkets near Surathkal have the highest average property rates?

Among the micromarkets near Surathkal for which data is available, Kadri shows an average property rate of ₹5,750 per sq ft as of March 2026. This rate has remained stable with a 0% change. While Surathkal's own average asking price for apartments is ₹3,550 per sq ft, Kadri presents a higher price point within the broader region.

What does the price trend in Surathkal suggest for potential investors?

The price trend in Surathkal indicates some positive movement in micromarket rates, which increased to ₹5,700 per sq ft in March 2026 from ₹3,550 per sq ft in September 2025. Although Surathkal's apartment rate has been stable at ₹3,550 per sq ft, the broader micromarket trend could signal growing investor interest in the region, particularly if this upward trajectory continues.

How can I use the property rate data for Surathkal to make informed decisions?

You can use the property rate data for Surathkal by comparing the average asking price of ₹3,550 per sq ft for apartments as of March 2026 against micromarket rates like Kadri's ₹5,750 per sq ft. Observing the price trend, which shows micromarket rates rising to ₹5,700 per sq ft in March 2026, helps gauge market momentum. This information aids in understanding pricing variations and potential investment or buying opportunities within Surathkal and its surrounding areas.

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