Kozhikode
Thondayad has evolved into a prominent residential destination within Kozhikode, characterized by steady price appreciation and robust buyer interest. Recent trends show a notable rise from ₹6,400 per sq ft earlier in the year to the current average of ₹7,150 per sq ft. This upward trajectory underscores the locality's growing appeal as a mature real estate market. Investors are particularly focused on the premium segments, where neighboring areas like Palazhi are seeing significant value gains.
The average asking price in Thondayad stands at ₹7,150 per sq ft as of June 2026. This figure reflects a significant market appreciation of 11.47% from March 2026 to June 2026, indicating a robust demand for residential apartments in this locality during the most recent quarter.
The property price trend in Thondayad has shown a positive trajectory, moving from an average of ₹6,400 per sq ft in March 2026 to ₹7,150 per sq ft in June 2026. This upward movement represents an 11.47% appreciation over the three-month period, signaling growing investor confidence and sustained interest in the area's residential real estate market.
Property prices in Thondayad are currently more accessible than in the neighbouring area of Palazhi, where the average asking price is ₹7,650 per sq ft as of June 2026. Palazhi has experienced substantial growth, with a 26.77% appreciation recorded over the recent period, suggesting that both localities are part of a high-growth corridor in Kozhikode.
As of June 2026, the average asking price for apartments in Thondayad is ₹7,150 per sq ft. This price point has appreciated by 11.47% since March 2026, confirming that apartments remain the primary residential asset class driving the local market's valuation.
A buyer should view the price trend in Thondayad as an indicator of a strengthening market, given the rise from ₹6,400 per sq ft in March 2026 to ₹7,150 per sq ft in June 2026. The 11.47% quarterly appreciation suggests that the locality is experiencing active demand, which may influence future entry costs for those looking to invest in residential apartments.
