Kozhikode
Thondayad has established itself as a dynamic residential hub in Kozhikode, characterized by a clear upward trajectory in property valuations. Recent trends indicate that prices have transitioned from a stable phase earlier in 2026 to a more robust growth period by mid-year. The residential sector remains the primary engine of this market, with apartment prices reflecting a strong appreciation of 11.47% compared to previous cycles. This consistent growth signals a healthy appetite among buyers for quality living spaces in the locality.
The average asking price in Thondayad is ₹6,400 per sq ft as of June 2026. This figure reflects a depreciation of 6.49% compared to the previous period, indicating a recent market correction in the locality. Understanding this price point is essential for buyers and investors to gauge the current entry cost for residential apartments in this area.
Property prices in Thondayad have shown a fluctuating trajectory, with the location rate reaching ₹7,150 per sq ft as of June 2026, up from ₹6,400 per sq ft in March 2026. This recent upward movement in the location rate follows a period of volatility where prices were recorded at ₹6,850 per sq ft in December 2025 and ₹6,800 per sq ft in September 2025. Investors should monitor these quarterly shifts closely, as the recent increase suggests a potential recovery in demand within the local market.
As of June 2026, the average price for apartments in Thondayad stands at ₹7,150 per sq ft. This represents a significant appreciation of 11.47% compared to the prior reporting period, signaling strong buyer interest in apartment-style residential units. This growth highlights that despite broader market fluctuations, the apartment segment remains a key driver of value in the Thondayad real estate landscape.
As of June 2026, the micromarket rate in Thondayad is ₹6,650 per sq ft, while the broader location rate is ₹7,150 per sq ft. This difference suggests that specific pockets within the area may offer more competitive pricing than the overall locality average. By comparing these two metrics, prospective buyers can identify whether they are paying a premium for specific micro-locations or finding value relative to the wider Thondayad market.
