Mangalore
Surathkal presents a focused real estate landscape primarily driven by residential apartment demand. Investors and homebuyers find consistent value here as the market maintains a clear pricing structure for its primary property segment. Rental activity in the broader Mangalore region, particularly in areas like Bendoor, provides a useful benchmark for those evaluating the rental yield potential of coastal properties.
The average asking price in Surathkal is ₹3,550 per sq ft as of September 2026. This rate has remained stable with a 0% change compared to previous reporting periods, indicating a period of price consistency for residential apartments in this locality.
Property prices in Surathkal have shown a fluctuating trend in the micromarket rates throughout 2026. As of September 2026, the micromarket rate stands at ₹5,250 per sq ft, following a period where rates were recorded at ₹5,700 per sq ft in March 2026. These shifts reflect the dynamic nature of the local real estate market, and investors should monitor these quarterly adjustments to gauge the evolving valuation of the area.
Apartments in Surathkal are currently priced at an average of ₹3,550 per sq ft as of September 2026. This valuation reflects a depreciation of 1.01% when compared to the previous assessment period, suggesting a slight market correction that may offer a more accessible entry point for prospective homebuyers looking for residential units in the locality.
Property rates in Surathkal currently average ₹3,550 per sq ft, which is notably more affordable than the average asking price in the nearby locality of Kadri, where rates stand at ₹5,250 per sq ft as of September 2026. The rate in Kadri has remained stable with 0% change, highlighting that Surathkal offers a distinct price positioning compared to other established residential pockets in the region.
While Surathkal itself maintains a residential focus, rental activity in the broader region shows varied performance. For instance, in Bendoor, the average rental rate is ₹150 per sq ft as of September 2026, a rate that has remained stable with 0% change over the observed period. This data point serves as a useful benchmark for tenants and landlords evaluating rental costs in the wider Mangalore market.
