Property & Land Price in Coorg Comparing to Major Cities

Did you know a war was fought over Coorg?

Coorg is a pleasant hill station situated in the Kodagu district of Karnataka in India. It is situated at an altitude of 1150 m. While most hill stations are popular for tea plantations, Coorg’s unique climate supports Coffee plantations. Coorg’s history dates back to 1600. The rulers of the Haleri dynasty ruled Kodagu between 1600 and 1834. In 1834, a war ensued between the king of Coorg and the British East India Company, post which Coorg was annexed by the British and brought under their control. The British saw great plantation potential in this region and it was one of the major reason for this war – Probably a war to acquire a hill station

Coming to the present day, Coorg is a fast-growing residential real estate market. It is owing to the fact that Coorg is Karnataka’s most popular hill station. Coorg is well connected to major cities in Karnataka and Kerala. The growth of Coorg as a leisure destination can be attributed to the working crowd of Mangalore and Bengaluru. Slowly, yet steadily Coorg has grown to be a significant hill station of South India. To understand where it stands, let us compare property prices in Coorg with major cities.

The following data has been compiled from trusted sources on the internet as of April 2021.

Let’s begin with residential land price.

Land price in Coorg Vs Major Cities

The average price for residential plots in top localities in Bengaluru, Hubli, Mysuru and Manglore are as shown below. The respective areas considered are

• Bengaluru -Sarjapur
• Hubli -Vidya Nagar
• Mysuru - Bogadi
• Manglore -Kadri

The prices are compared with average land price in Kushalnagar, Coorg

The unit is in Rs. / sq. ft

Builder floor price in Coorg Vs Major Cities

The average price for builder floor in top localities in Bengaluru, Hubli, Mysuru and Manglore are as shown below. The respective areas considered are

• Bengaluru -Jayanagar
• Hubli -Vidya Nagar
• Mysuru - Bogadi
• Manglore - Kadri

The prices are compared with average builder floor price in Gonikkopal, Coorg

The unit is in Rs. / sq. ft

Apartment price in Coorg Vs major cities

The average price for apartment in top localities in Bengaluru, Hubli, Mysuru and Manglore are as shown below. The respective areas considered are

• Bengaluru - Yelahanka
• Hubli -Vidya Nagar
• Mysuru - Jayalakshmipuram
• Manglore - Kadri

The prices are compared with Maximum apartment price in Suntikoppa, Coorg

The unit is in Rs. / sq. ft

Independent houses / villa prices in Coorg Vs Major Cities

The average price for independent house in top localities in Bengaluru, Hubli, Mysuru and Manglore are as shown below. The respective areas considered are

• Bengaluru - Sarjapur
• Hubli -Vidya Nagar
• Mysuru -Kuppedada
• Manglore - Kadri

The prices are compared with average independent house or Villa price in Kushalnagar, Coorg

The unit is in Rs. / sq. ft

 What do we infer?

• Coorg is an economic real estate destination for people who wish to invest in a hill station in Karnataka

When compared with Major cities, the property rate in Coorg is as given below

• One can buy land in Coorg/ buy plot in Coorg at approximately 25% of the price in the state capital (Bengaluru)
• Apartment prices are 27% lesser than Bengaluru

As compared to its nearest city,

• Builder floor prices in Coorg are just 43%of price in Mysuru
• Independent houses in Coorg are just 23% of the price in Mysuru

Apart from the price point, what makes Coorg click as a destination?

• Coorg has a cosy climate for most part of the year that averages around 26°C. The average temperature in Monsoon is around 21°C
• Coorg is popular for its high-quality local produce such as Coffee, Honey, Oranges and spices
• The attractions in Coorg are diverse. They include the origin of river Cauvery (Talakaveri) temples, a monastery, waterfalls, viewpoints, elephant camp and wildlife sanctuary

Are you interested in buying a property in Coorg?

Contact the hill station property experts at Hills & Wills to buy or sell or rent Coorg properties online and to know the Coorg property rates and the trend of real estate price in Coorg.    Visit www.hillsandwills.com a unique property portal exclusively for hill station properties with high quality listing and client base.