Kozhikode
The real estate landscape in Thondayad currently displays a refined pricing structure that balances recent market shifts. Following a peak in late 2025, property rates have adjusted to a stable baseline, providing a clearer entry point for prospective homeowners and investors. The market is heavily defined by the apartment segment, which remains the primary choice for residents looking for established living options. Transactional activity and price movements indicate a market that is maturing, with current rates reflecting both recent historical highs and the latest quarterly adjustments.
The average asking price in Thondayad is ₹6,400 per sq ft as of March 2026. This figure represents a depreciation of 6.49% from December 2025 to March 2026, reflecting a recent market adjustment in the locality.
Property prices in Thondayad have shown a fluctuating trajectory, moving from ₹6,450 per sq ft in June 2025 to ₹6,800 per sq ft in September 2025, peaking at ₹6,850 per sq ft in December 2025, before settling at ₹6,400 per sq ft in March 2026. This trend indicates that after a period of growth in late 2025, the market has experienced a correction in the first quarter of 2026.
As of March 2026, the average asking price for an apartment in Thondayad is ₹6,400 per sq ft. This rate reflects a depreciation of 6.49% compared to the previous quarter, indicating a softening in the pricing for residential apartment inventory in the area.
A buyer should view the recent price movement in Thondayad as a market correction, where the average asking price decreased from ₹6,850 per sq ft in December 2025 to ₹6,400 per sq ft in March 2026. This 6.49% depreciation suggests that the market is currently recalibrating, which may provide a more favorable entry point for prospective homeowners compared to the peak pricing observed at the end of 2025.
