Property rates in Vizag average ₹4,800 per sq ft, reflecting a stable valuation trend for the region. The residential market shows distinct momentum, with villas commanding a premium average price of ₹6,350 per sq ft. Investors are increasingly focusing on diverse property types, while rental demand remains supported by 3 BHK apartments averaging ₹38,800 per month. This combination of capital value stability and steady rental interest highlights the city's balanced real estate landscape.
The Vizag property market currently exhibits a balanced growth trajectory with a city-wide average of ₹4,800 per sq ft. Recent quarters show price fluctuations, with rates moving from ₹5,100 per sq ft in September 2025 to the current levels, indicating a period of consolidation. The rental segment provides consistent returns, particularly for 3 BHK residential apartments. Development activity is spread across various stages, with a significant inventory of ready-to-move units ensuring immediate options for homebuyers. Developers are prioritizing high-end projects in central hubs, which continue to attract significant interest.
Villas are performing strongly with an average price of ₹6,350 per sq ft, marking a 19.16% increase.
Apartments remain the primary volume driver, priced at ₹4,800 per sq ft with a 13.22% growth rate.
Ready-to-move projects offer stability with 63 available units priced at an average of ₹4,500 per sq ft.
Premium developments like Vishwanadh The Sky are setting benchmarks in the market with rates reaching ₹12,000 per sq ft.
Rental demand is robust, with 3 BHK apartments in key residential pockets averaging ₹38,800 per month.
Market Strengths
High demand for luxury villas, evidenced by a 19.16% price growth.
Steady apartment price appreciation of 13.22% ensures long-term asset growth.
Strong inventory of 63 ready-to-move projects facilitates quick market entry.
Premium projects in central Vizag maintain high valuation benchmarks above ₹10,000 per sq ft.
Consistent rental demand for 3 BHK apartments provides reliable yields for investors.
Market Challenges
New launch projects have experienced a price contraction of -8.23%.
Under-construction inventory has seen a moderate price adjustment of -5.82%.
Investment Opportunities
Villas offer high capital appreciation potential with a 19.16% growth rate.
Apartment investments show solid demand with a 13.22% annual increase in average prices.
3 BHK residential apartments provide a steady rental income of ₹38,800 per month.
Ready-to-move projects provide immediate value, with 63 units available for quick occupancy.
Top Micromarkets in Vizag
Vizag Central
Avg Price₹ 5,250 /Sq.Ft.
YOY
+ 42.53 %
Avg Rent₹ 16 /Sq.Ft.
YIELD
+ 3.66
LISTINGS
88
Vizag South
Avg Price₹ 3,500 /Sq.Ft.
YOY
+ 1.62 %
LISTINGS
31
Vizag North
Avg Price₹ 5,400 /Sq.Ft.
YOY
+ 6.94 %
Avg Rent₹ 91 /Sq.Ft.
LISTINGS
150
Price Trend
Vizag Property Price Trends and Appreciation
Property rates in Vizag have seen dynamic adjustments over the past year, moving from ₹5,100 per sq ft in September 2025 to ₹4,850 per sq ft by the end of that year. After a brief dip to ₹4,250 per sq ft in March 2026, the market has recovered to its current average of ₹4,800 per sq ft. This trend underscores a resilient recovery phase for residential capital values in the city.
Vizag's real estate market caters to diverse buyer preferences across property categories. Villas lead the premium segment, averaging ₹6,350 per sq ft after an impressive 19.16% increase. Apartments remain the most accessible choice for many, priced at ₹4,800 per sq ft and reflecting a 13.22% growth, showcasing sustained demand for standard residential units.
The Vizag market offers properties across various development stages, catering to different buyer timelines. Ready-to-move inventory, comprising 63 units, averages ₹4,500 per sq ft, appealing to immediate occupancy seekers. Under-construction projects present 19 opportunities at ₹4,500 per sq ft, while new launches are priced at ₹4,000 per sq ft, allowing buyers to choose based on their possession preferences.
Project & Developer Insights
Top Residential Projects and Developers in Vizag
Top Projectsin Vizag
KP Arena is the top project in Vizag with prices from ₹ 56.90 Lac to 92.50 Lac.
KP Arena
₹ 56.9 L - ₹ 92.5 L
Vizag North, Vizag
Utkarsha Capital Towers
₹ 88.77 L - ₹ 1.42 Cr
Vizag North, Vizag
CMR Karlan Grand
₹ 1.54 Cr - ₹ 2.41 Cr
Vizag North, Vizag
CMR Karlan Residency
₹ 1.27 Cr - ₹ 1.77 Cr
Vizag North, Vizag
Iconica Capitol and The Crown
₹ 1.83 Cr - ₹ 4.22 Cr
Vizag North, Vizag
Karlan Square
₹ 1.58 Cr - ₹ 1.94 Cr
Vizag Central, Vizag
Karlan CMR One
₹ 2.06 Cr - ₹ 5.14 Cr
Vizag Central, Vizag
View More
New Launch
Under Construction
Ready to Move
Top Developersin Vizag
Shriram Properties leads in Vizag with 4 projects and 24 years of experience.
Premium residential developments in Vizag are commanding significant asking prices, reflecting their luxury positioning and prime locations. Leading the segment, Vishwanadh The Sky in Satya Sai Nagar is priced at ₹12,000 per sq ft, setting a high-value benchmark. Daspalla Gangapur Royal Palace in East Point Colony follows at ₹11,500 per sq ft, while Manchukonda Pride and Karlan CMR One in Chinna Waltair and Siripuram respectively offer premium living at ₹11,200 per sq ft.
Top projects such as MK Royale and Kalyan Villa in Paanduranga Puram, along with MVV Gardens and Madhuri Palace in Lawsons Bay Colony, anchor the luxury rental segment. These developments command average rental rates of ₹50 per sq ft, reflecting their prime locations and high-quality amenities.
Rental Trends
Rental Trends and Average Rent in Vizag
The rental market for 3 BHK apartments in Vizag is well-established, with units in residential buildings averaging ₹38,800 per month. This segment remains the primary focus for families seeking spacious living arrangements in the city. Top projects such as MK Royale and Kalyan Villa in Paanduranga Puram, along with MVV Gardens and Madhuri Palace in Lawsons Bay Colony, anchor the luxury rental segment. These developments command average rental rates of ₹50 per sq ft, reflecting their prime locations and high-quality amenities.
The rental market for 3 BHK apartments in Vizag is well-established, with units in residential buildings averaging ₹38,800 per month. This segment remains the primary focus for families seeking spacious living arrangements in the city.
Frequently Asked Questions About Property Rates in Vizag
What is the current average asking price in Vizag?
As of June 2026, the average asking price in Vizag stands at ₹4,800 per sq ft. This figure reflects a significant market appreciation of 13.22% compared to the previous period, signaling robust demand and growing investor confidence in the city's residential real estate market.
How have property prices in Vizag trended over the last few quarters?
Property prices in Vizag have shown a fluctuating trajectory, moving from ₹5,100 per sq ft in September 2025 to ₹4,850 per sq ft in December 2025, dipping to ₹4,250 per sq ft in March 2026, before recovering to the current level of ₹4,800 per sq ft as of June 2026. This recent upward movement suggests a resilient market that is regaining momentum after the quarterly adjustments observed earlier in the year.
How do property prices compare between villas and apartments in Vizag?
As of June 2026, villas in Vizag command a premium with an average price of ₹6,350 per sq ft, having appreciated by 19.16% over the observed period. In contrast, apartments are priced at an average of ₹4,800 per sq ft, which has also seen a healthy appreciation of 13.22% during the same timeframe, indicating strong interest across both premium and mainstream residential segments.
What is the price difference between ready-to-move and under-construction properties in Vizag?
As of June 2026, ready-to-move properties in Vizag are priced at ₹4,500 per sq ft, showing stable growth with a 0.05% appreciation. Under-construction projects are also priced at ₹4,500 per sq ft, though they have experienced a depreciation of 5.82% compared to the previous period, which may present a strategic entry point for buyers looking for value in newer developments.
Which are some of the most premium residential projects in Vizag based on listing rates?
As of June 2026, some of the most premium projects in Vizag include Vishwanadh The Sky in Satya Sai Nagar at ₹12,000 per sq ft, Daspalla Gangapur Royal Palace in East Point Colony at ₹11,500 per sq ft, and Manchukonda Pride in Chinna Waltair at ₹11,200 per sq ft. These projects maintain stable pricing with 0% change, reflecting their established status as high-value residential landmarks in the city.
What is the typical rental cost for a 3 BHK apartment in Vizag?
As of June 2026, the average rental rate for a 3 BHK apartment in Vizag is ₹38,800 per month. This price point serves as a key benchmark for tenants and landlords, reflecting the current demand for larger residential configurations in the city's apartment market.
Which projects in Vizag are currently commanding the highest rental rates?
As of June 2026, the top projects for rentals in Vizag include MK Royale and Kalyan Villa in Paanduranga Puram, both commanding a current rental rate of ₹17 and ₹16 per sq ft respectively, followed by MVV Gardens and Madhuri Palace in Lawsons Bay Colony at ₹15 and ₹14 per sq ft. These rates have remained stable with 0% change, highlighting the consistent appeal of these central localities for high-end rental seekers.
How should a buyer interpret the Government Registration Rate in Vizag?
The Government Registration Rate in Vizag is currently ₹2,050 per sq ft as of June 2026. Buyers should use this value as a baseline for calculating stamp duty and registration fees, keeping in mind that the actual market-driven average asking price of ₹4,800 per sq ft is significantly higher, which is common in developing urban real estate markets.
Is the Vizag real estate market currently better suited for investors or end-users?
The Vizag market shows characteristics attractive to both segments, with a 13.22% appreciation in apartment prices as of June 2026 suggesting strong capital growth potential for investors. Meanwhile, the availability of ready-to-move inventory at ₹4,500 per sq ft provides end-users with immediate occupancy options, balancing the market between long-term value appreciation and lifestyle-driven demand.
