Property rates in Vizag average ₹4,250 per sq ft, reflecting a period of price correction following recent highs. The market shows a diverse range of investment opportunities, particularly in the villa segment, which is currently priced at ₹6,350 per sq ft. With 65 ready-to-move units available and a stable rental market for residential apartments, the city continues to attract interest from both end-users and investors seeking long-term value in a growing coastal hub.
The Vizag property market currently exhibits a balanced supply of residential projects, with a strong focus on ready-to-move inventory alongside active new launches. Price trends have fluctuated over recent quarters, moving from ₹5,100 per sq ft in September 2025 to the current level of ₹4,250 per sq ft. Rental activity is primarily driven by 3 BHK apartments, which command an average monthly rent of ₹38,800. Developers are actively bringing new inventory to the market, particularly in the mid-stage and under-construction segments, catering to diverse buyer preferences.
Villa properties have seen a significant price appreciation of 19.16%, currently averaging ₹6,350 per sq ft.
The ready-to-move segment remains the most active with 65 units available at an average price of ₹4,500 per sq ft.
New launch projects are priced competitively at ₹4,350 per sq ft, showing a growth of 13.68%.
Rental demand is concentrated in central locations like Paanduranga Puram and Lawsons Bay Colony.
Market Strengths
Strong demand for villa properties with a 19.16% annual price growth.
High volume of ready-to-move inventory with 65 available units.
Positive growth in the apartment segment at 12.92%.
Active new launch market with 14 projects and 13.68% price appreciation.
Consistent demand for 3 BHK rental units at an average of ₹38,800 per month.
Market Challenges
Partially ready-to-move projects have seen a price decline of -4.65%, currently averaging ₹3,150 per sq ft.
Select high-end projects like MK Gold Coast have experienced a price correction of -2.53%.
Lansum Oxygen Towers has seen a significant price adjustment of -30.38%.
Investment Opportunities
Villas offer high growth potential with a 19.16% price appreciation.
New launch projects at ₹4,350 per sq ft present an entry-level opportunity with a 13.68% growth rate.
3 BHK apartments in central Vizag generate steady rental income for investors.
Under construction projects provide a balanced investment option at ₹4,800 per sq ft.
Top Micromarkets in Vizag
Vizag Central
Avg Price₹ 3,650 /Sq.Ft.
YOY
-32.58 %
Avg Rent₹ 16 /Sq.Ft.
YIELD
+ 5.26
LISTINGS
89
Vizag South
Avg Price₹ 3,450 /Sq.Ft.
YOY
-2.46 %
LISTINGS
21
Vizag North
Avg Price₹ 5,050 /Sq.Ft.
YOY
-5.43 %
Avg Rent₹ 91 /Sq.Ft.
LISTINGS
217
Price Trend
Vizag Property Price Trends and Appreciation
Property rates in Vizag have seen a shift over the last year, moving from ₹5,100 per sq ft in September 2025 to ₹4,850 per sq ft by December. Following a brief increase to ₹4,800 per sq ft in mid-2026, the market has settled at the current asking price of ₹4,250 per sq ft. This trend reflects a recalibration period for developers and buyers alike across the city.
Vizag's real estate market caters to diverse buyer preferences across property categories. Villas lead the premium segment at ₹6,350 per sq ft, experiencing a notable growth of 19.16%. Apartments are also in demand, priced at ₹4,800 per sq ft with a 12.92% increase, reflecting strong interest in urban residential living.
The Vizag market offers properties across various development stages catering to different buyer timelines. Ready To Move inventory, comprising 65 units, averages ₹4,500 per sq ft, appealing to immediate occupancy seekers. Under Construction projects present 19 opportunities at ₹4,800 per sq ft, while new launches are priced at ₹4,350 per sq ft, reflecting a 13.68% growth.
Project & Developer Insights
Top Residential Projects and Developers in Vizag
Top Projectsin Vizag
KP Arena is the top project in Vizag.
KP Arena
Price On Request
Vizag North, Vizag
Iconica Capitol and The Crown
₹ 1.83 Cr - ₹ 4.22 Cr
Vizag North, Vizag
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. Leading the segment, Sai Sree S Murali Madhuram in Pothinamallayya Palem is priced at ₹15,750 per sq ft, setting a high-value benchmark. Daspalla Gangapur Royal Palace at East Point Colony follows with ₹11,500 per sq ft, while Manchukonda Pride in Chinna Waltair is priced at ₹11,200 per sq ft.
Top projects in central Vizag, including MK Royale and Kalyan Villa in Paanduranga Puram, offer competitive rental rates of ₹17 and ₹16 per sq ft respectively. Similarly, MVV Gardens and Madhuri Palace in Lawsons Bay Colony provide quality rental options at ₹15 and ₹14 per sq ft.
Rental Trends
Rental Trends and Average Rent in Vizag
3 BHK apartments are the primary focus of the rental market in Vizag, with an average monthly rent of ₹38,800. These residential units remain the most sought-after property type for families seeking space and convenience in the city. Top projects in central Vizag, including MK Royale and Kalyan Villa in Paanduranga Puram, offer competitive rental rates of ₹17 and ₹16 per sq ft respectively. Similarly, MVV Gardens and Madhuri Palace in Lawsons Bay Colony provide quality rental options at ₹15 and ₹14 per sq ft.
3 BHK apartments are the primary focus of the rental market in Vizag, with an average monthly rent of ₹38,800. These residential units remain the most sought-after property type for families seeking space and convenience 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 ₹4,250 per sq ft. This figure reflects a depreciation of 12.14% compared to previous reporting periods, suggesting a market adjustment that may offer more competitive entry points for prospective homebuyers.
How have property prices in Vizag trended over the last few quarters?
Property prices in Vizag have shown a mixed trajectory throughout the recent quarters. As of June 2026, the city rate is ₹4,800 per sq ft, following a rise from ₹4,250 per sq ft in March 2026, which was down from ₹4,850 per sq ft in December 2025 and ₹5,100 per sq ft in September 2025. This volatility indicates a dynamic market where buyers should monitor specific project-level trends before finalizing their investment decisions.
How do property rates differ between villas and apartments in Vizag?
Villas in Vizag command a premium over apartments, with an average asking price of ₹6,350 per sq ft as of June 2026, having appreciated by 19.16% compared to the prior period. In contrast, apartments are priced at an average of ₹4,800 per sq ft as of June 2026, showing an appreciation of 12.92% over the same timeframe. This data highlights that investors seeking higher-end, independent living spaces are currently driving significant value growth in the villa segment.
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 an average of ₹4,500 per sq ft, having appreciated by 0.96% compared to the previous period. Under Construction projects are currently averaging ₹4,800 per sq ft, reflecting a stable appreciation of 0.05% over the same duration. The higher price point for Under Construction units often reflects modern amenities and newer project specifications, while Ready To Move units offer the advantage of immediate occupancy with minimal price fluctuation.
Which projects in Vizag currently command the highest listing rates?
As of June 2026, Sai Sree S Murali Madhuram in Pothinamallayya Palem leads the market with a listing rate of ₹15,750 per sq ft, having appreciated by 0.61% compared to the prior period. Other premium projects include 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, both of which have maintained stable pricing. These projects represent the upper tier of the Vizag real estate market, primarily located in central and northern hubs.
What should tenants expect to pay for a 3 BHK apartment in Vizag?
As of June 2026, a 3 BHK apartment in Vizag commands an average monthly rent of ₹38,800. This rental benchmark provides a clear signal for tenants looking for spacious residential configurations, particularly in established localities where demand for larger family-sized units remains consistent.
Which projects in Vizag are currently among the top choices for renters?
As of June 2026, premium rental projects 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. Additionally, MVV Gardens and Madhuri Palace in Lawsons Bay Colony are highly sought after, with rental rates of ₹15 and ₹14 per sq ft respectively. All these projects have maintained stable rental pricing with 0% change, indicating a steady demand for high-quality residential rentals in the Vizag Central micromarket.
How does the Government Registration Rate compare to the average asking price in Vizag?
As of June 2026, the Government Registration Rate in Vizag is ₹4,200 per sq ft, which sits very close to the overall average asking price of ₹4,250 per sq ft. This alignment between the registration value and the market asking price suggests a transparent pricing environment, which is beneficial for buyers as it helps in accurately calculating stamp duty and registration costs during property transactions.
