Mangalore
Surathkal offers a distinct residential market within Mangalore, characterized by stable apartment pricing that attracts both budget-conscious buyers and long-term investors. The local property market is currently defined by an average asking price of ₹3,550 per sq ft, reflecting a period of minor price adjustment. Rental activity in the surrounding region remains varied, with significant demand observed in areas like Hampankatta and Mangalore Port. This combination of accessible entry prices and proximity to key rental hubs positions Surathkal as a strategic location for residential investment.
The average asking price in Surathkal is ₹3,550 per sq ft as of June 2026. This rate has remained stable with a 0% change, indicating that the market has maintained its price levels during the most recent monitoring period.
Property prices in Surathkal are significantly more affordable than in Kadri, where the average asking price is ₹5,750 per sq ft as of June 2026. While Surathkal offers an entry point at ₹3,550 per sq ft, Kadri commands a premium, with both areas showing stable pricing trends of 0% change over the observed period.
Apartment prices in Surathkal have seen a minor adjustment, with the average price currently at ₹3,550 per sq ft as of June 2026. This represents a depreciation of 1.01% compared to the previous period, suggesting a slight market correction in the apartment segment.
Rental rates in the vicinity of Surathkal vary by location, with Derebail recording an average rental rate of ₹50 per sq ft as of June 2026. Meanwhile, more central or commercial-adjacent areas like Hampankatta and Mangalore Port command higher rental rates of ₹100 per sq ft. All these locations have maintained stable rental pricing with a 0% change during the latest period.
Investors looking at the broader region should note that rental rates range from ₹50 per sq ft in residential-focused areas like Derebail to ₹100 per sq ft in hubs like Mangalore Port and Hampankatta as of June 2026. Since these rates have remained stable with 0% change, landlords can expect consistent rental income patterns, though investors should balance these figures against the capital outlay required for property acquisition in these specific localities.
