Property rates in Vizag average ₹4,250 per sq ft, reflecting a stable market environment for investors and homebuyers. The city features a diverse range of residential options, with villa segments showing robust growth at ₹6,350 per sq ft. Meanwhile, ready-to-move apartment projects remain a key pillar of the local inventory, providing consistent value. With a strong pipeline of new launches and under-construction projects, the market continues to attract significant real estate interest.
The Vizag real estate sector showcases a balanced landscape where property values align with diverse development stages. Market participants are currently navigating a steady pricing environment, supported by a healthy mix of ready-to-move units and new project launches. Rental activity remains anchored by 3 BHK apartments, which command an average monthly rent of ₹38,800. This combination of capital appreciation potential and steady rental demand positions the city as a resilient market for long-term property investment.
Villas have witnessed a notable price increase of 19.16%, now averaging ₹6,350 per sq ft.
Apartment prices have grown by 12.92%, with current averages reaching ₹4,800 per sq ft.
New launch projects are priced at ₹4,350 per sq ft, reflecting a 13.68% growth in market value.
Mid-stage construction projects command a premium, currently averaging ₹6,300 per sq ft.
Rental demand is particularly strong for 3 BHK residential apartments, maintaining an average monthly rate of ₹38,800.
Market Strengths
Strong 19.16% growth in the villa segment indicates high demand for luxury housing.
Consistent rental market for 3 BHK apartments at ₹38,800 per month provides steady returns.
New launch projects show robust growth of 13.68%, signaling investor confidence.
A large inventory of 65 ready-to-move units offers immediate value to buyers.
Under construction projects maintain stable pricing at ₹4,800 per sq ft.
Market Challenges
Partially ready-to-move projects have seen a price decline of -4.65%, reaching ₹3,150 per sq ft.
Some high-end projects like Lansum Oxygen Towers have experienced a significant price correction of -30.38%.
Investment Opportunities
Villas offer high capital appreciation potential with a 19.16% price increase.
New launch projects at ₹4,350 per sq ft present an entry-level opportunity with 13.68% growth.
Apartments provide a stable rental income stream with 3 BHK units averaging ₹38,800 per month.
Mid-stage projects at ₹6,300 per sq ft cater to investors seeking premium property value growth.
Top Micromarkets in Vizag
Vizag Central
Avg Price₹ 3,650 /Sq.Ft.
YOY
-32.58 %
Avg Rent₹ 16 /Sq.Ft.
YIELD
+ 5.26
LISTINGS
82
Vizag South
Avg Price₹ 3,450 /Sq.Ft.
YOY
-2.46 %
LISTINGS
24
Vizag North
Avg Price₹ 5,050 /Sq.Ft.
YOY
-5.43 %
Avg Rent₹ 91 /Sq.Ft.
LISTINGS
158
Price Trend
Vizag Property Price Trends and Appreciation
Property rates in Vizag have experienced fluctuations, moving from ₹5,100 per sq ft in September 2025 to ₹4,850 per sq ft by the end of that year. The market then adjusted to ₹4,250 per sq ft in March 2026 before seeing a recovery to ₹4,800 per sq ft by June 2026. This trend highlights the market's ability to recalibrate based on supply and demand dynamics.
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 19.16% increase. Apartments are priced at ₹4,800 per sq ft, showing a healthy 12.92% growth, reflecting a strong preference for multi-family living options.
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 with a 0.96% increase, appealing to immediate occupancy seekers. Under Construction projects present 19 opportunities at ₹4,800 per sq ft, while New Launch projects are positioned 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 with prices from ₹ 56.90 Lac to 92.50 Lac.
KP Arena
₹ 56.9 L - ₹ 92.5 L
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 and prime locations. Leading the segment, Sai Sree S Murali Madhuram in Pothinamallayya Palem is priced at ₹15,750 per sq ft with a 0.61% increase. Daspalla Gangapur Royal Palace in East Point Colony follows with ₹11,500 per sq ft, while Manchukonda Pride in Chinna Waltair is priced at ₹11,200 per sq ft. These top-tier developments represent the aspirational segment of the local market.
Top projects for rentals in Vizag include MK Royale and Kalyan Villa in Paanduranga Puram, as well as MVV Gardens and Madhuri Palace in Lawsons Bay Colony. These projects maintain stable rental rates, with current figures around ₹14 to ₹17 per sq ft.
Rental Trends
Rental Trends and Average Rent in Vizag
The rental market in Vizag is primarily driven by 3 BHK residential apartments. These units command an average monthly rent of ₹38,800, serving as the benchmark for residential leasing in the city. Top projects for rentals in Vizag include MK Royale and Kalyan Villa in Paanduranga Puram, as well as MVV Gardens and Madhuri Palace in Lawsons Bay Colony. These projects maintain stable rental rates, with current figures around ₹14 to ₹17 per sq ft.
The rental market in Vizag is primarily driven by 3 BHK residential apartments. These units command an average monthly rent of ₹38,800, serving as the benchmark for residential leasing 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 is ₹4,250 per sq ft. This figure reflects a market adjustment, having depreciated by 12.14% compared to previous periods. While the current market shows this average, it is important for buyers to note that the Government Registration Rate in the city stands at ₹4,200 per sq ft, providing a useful benchmark for assessing property valuations against official records.
How have property prices in Vizag trended over the last few quarters?
Property prices in Vizag have experienced a mixed trajectory throughout the recent quarters. As of June 2026, the city rate is ₹4,800 per sq ft, showing a recovery from the ₹4,250 per sq ft recorded in March 2026. Prior to that, the market saw rates of ₹4,850 per sq ft in December 2025 and ₹5,100 per sq ft in September 2025, suggesting a period of price fluctuation that investors should monitor closely when evaluating long-term capital appreciation.
How do property rates in Vizag compare between villas and apartments?
Villas currently command a premium in Vizag, 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 more accessible with an average asking price of ₹4,800 per sq ft as of June 2026, which represents an appreciation of 12.92% over the same timeframe. This price gap highlights the distinct market positioning of low-density luxury housing versus high-density residential apartments.
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, reflecting a stable appreciation of 0.96%. Under Construction projects are currently priced at an average of ₹4,800 per sq ft, showing a marginal appreciation of 0.05% over the same period. This data suggests that buyers are currently paying a slight premium for under-construction inventory, likely due to newer project specifications or modern amenities compared to existing ready-to-move stock.
Which projects in Vizag currently command the highest listing rates?
As of June 2026, the project with the highest listing rate in Vizag is Sai Sree S Murali Madhuram in Pothinamallayya Palem, priced at ₹15,750 per sq ft, which has appreciated by 0.61%. 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. These rates have remained stable, indicating strong demand for premium residential developments in these specific central and north Vizag localities.
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 rental tier represents the primary residential apartment segment for families and professionals seeking spacious living arrangements. Prospective tenants should note that rental rates can vary significantly based on the project's age, specific location within the city, and the availability of modern amenities.
Which residential projects in Vizag are currently among the top for rental rates?
The top projects for rental rates in Vizag as of June 2026 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. These rates have remained stable, reflecting consistent demand for rental housing in these established central Vizag neighbourhoods.
How should a buyer interpret the price trends of new launch projects in Vizag?
As of June 2026, New Launch projects in Vizag are priced at an average of ₹4,350 per sq ft, which has seen a significant appreciation of 13.68% compared to the prior period. This upward trend in new launch pricing often signals developer confidence and rising land or construction costs in emerging pockets of the city. Investors looking at new launches should weigh this appreciation against the potential for future value growth as these projects progress toward completion.
