Melukote
Avg. Rate
₹ 1,578/sq. ft
Locality Rating
3.9/10
Melukote is a locality in Mandya, Mandya District, and its PIN code is 571431. It is situated in the state of Karnataka, India, and is a significant cultural and historical site. The locality is known for its ancient temples, including the Cheluvanarayana Swamy Temple, which is a major Shiva temple and one of the most famous temples in the region. The temple is a fine example of Vijayanagara architecture and attracts a large number of devotees and tourists throughout the year. The surrounding landscape is dotted with lush green forests, hills, and farmlands, making it a picturesque destination. The locality has a moderate climate with temperatures ranging from 15 to 30 degrees Celsius throughout the year. The district of Mandya is located in the southern part of Karnataka and is known for its scenic beauty and rich cultural heritage.
Region
Melukote
City
Mandya
District
Mandya
State
Karnataka
Pincode
571431
Population
19,700
Nearest Airport
Mysuru Airport (MYQ)
Neighbourhood Insights by
The Good
Sacred Vaishnava pilgrimage town — Cheluvanarayana Swamy Temple draws thousands of visitors annually, supporting a steady hospitality economy
Hilltop setting provides panoramic views and a clean, low-pollution microclimate ideal for retirement homes and farmhouses
Niche cultural and heritage tourism market creates unique demand for homestay and boutique residential development
The Bad
Remote hilltop location with a single approach road makes daily commuting impractical for working professionals
Very limited civic amenities; no organised healthcare or higher-education facility within the town
Extremely thin resale market — properties are held long-term by families with religious or heritage ties
Aurum Price Index for Melukote
Normalized to 100 · Oct 2020 baseline
Timeline
Aurum Price Index is based on 10 parameters:
Property Listing Trends
(12%)
RERA Inventory & Sales Velocity
(13%)
IGR Transaction Data
(15%)
Rental Yield
(10%)
Pollution & Environment
(08%)
Infrastructure & Connectivity
(13%)
Social Infrastructure
(08%)
Crimes & Safety
(08%)
Political Stability
(06%)
Corruption & ease of doing business
(07%)
Rates and Trends
Timeline
Average Rate
₹ 1,578/sq. ft
Average Price Range
₹ 400 – 4,000
Trend (5Y)
▲ 124.1%
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Frequently Asked Questions
The information provided on this page is collated from publicly available resources. PropTech Pulse does not guarantee the accuracy, completeness, or authority of this data and shall not be held liable for any discrepancies. For queries or further assistance, please contact us at pulse@aurumproptech.in
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