Mangalore
Surathkal presents a grounded real estate landscape in Mangalore with an average residential asking price of ₹3,550 per sq ft. The local market for apartments is currently experiencing a marginal shift, reflecting a -1.01% change that highlights a stabilized pricing environment for new entrants. Rental activity in the broader Mangalore region provides a useful benchmark, with areas like Hampankatta and Mangalore Port commanding up to ₹100 per sq ft. Buyers and investors benefit from this clear pricing structure, which allows for informed decision-making in a balanced market.
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 compared to previous reporting periods, indicating a consistent price environment for residential apartments in the area.
Apartment prices in Surathkal are currently lower than in nearby Kadri, where the average asking price is ₹5,750 per sq ft as of June 2026. While Kadri commands a premium, the rates in both areas have remained stable with a 0% change, suggesting that the price gap between these localities is currently holding steady.
Apartment prices in Surathkal have seen a minor adjustment, with the average price of ₹3,550 per sq ft reflecting a depreciation of 1.01% from the previous period to June 2026. This slight downward movement suggests a period of market correction or softening demand for apartment-style living in this specific locality.
Rental rates in the broader Mangalore region vary significantly by locality as of June 2026. For instance, Derebail offers an average rental rate of ₹50 per sq ft, while more central or commercial-influenced areas like Hampankatta and Mangalore Port command higher rates of ₹100 per sq ft. These rental rates have remained stable with a 0% change, reflecting consistent demand across these specific rental markets.
