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Property Rates in Vizag

Comprehensive Market Snapshot

Vizag's property market is currently showing an asking price of ₹4,243 per sq ft and a registration rate of ₹4,207 per sq ft, indicating a stable valuation environment. The market presents a mix of property types, with villas averaging ₹6,331 per sq ft, reflecting a significant 19.16% increase, while apartments are priced at ₹4,243 per sq ft, showing a dip of 12.14%. Looking ahead, property prices are projected to trend downwards from ₹5,110 per sq ft in Sep 2025 to ₹4,243 per sq ft by Mar 2026. The rental market highlights include a 3 BHK apartment averaging ₹38,813 per month.

  • Apartments in Vizag are priced at ₹4,243 per sq ft, marking a 12.14% decrease.
  • Villas in Vizag show a strong upward trend, with prices averaging ₹6,331 per sq ft, a 19.16% increase.
  • Property prices are anticipated to decrease from ₹5,110 per sq ft in September 2025 to ₹4,243 per sq ft by March 2026.
  • The average rental rate for a 3 BHK apartment in Vizag is ₹38,813 per month.

  • Asking Sale Price₹ 4,243 /sq.ft
  • Govt. Registration Prices₹ 4,207 /sq.ft

Insights for Vizag Real Estate Market

Vizag's real estate market exhibits a dynamic price landscape, with an overall asking price of ₹4,243 per sq ft and a registration rate of ₹4,207 per sq ft. Quarterly price trends suggest a dip from ₹5,110 per sq ft in September 2025, reaching ₹4,243 per sq ft by March 2026. Property types show varied performance; villas have surged by 19.16% to ₹6,331 per sq ft, while apartments have seen a 12.14% decline to ₹4,243 per sq ft. The rental market is active, with 3 BHK apartments averaging ₹38,813 per month. Top projects by listing rates include Sai Sree S Murali Madhuram at ₹15,726 per sq ft, reflecting premium segment activity.

  • Villas in Vizag have experienced a significant 19.16% price appreciation, now averaging ₹6,331 per sq ft.
  • Apartments, forming a larger segment, are currently priced at ₹4,243 per sq ft, down by 12.14%.
  • Future price projections indicate a downward trend, with rates expected to fall from ₹5,110 per sq ft in Sep 2025 to ₹4,243 per sq ft in Mar 2026.
  • The rental market shows a healthy demand for 3 BHK apartments, averaging ₹38,813 per month.
  • Sai Sree S Murali Madhuram leads the top projects by listing rates at ₹15,726 per sq ft, showcasing high-value offerings.

Property Valuation

Comprehensive assessment of your property's current worth in the current market

Property Price Trends in Vizag

Asking Price Trends

The asking price in Vizag currently stands at ₹4,243 per sq ft, with registration rates closely following at ₹4,207 per sq ft. Quarterly projections show a notable decrease in city rates, expected to fall from ₹5,110 per sq ft in September 2025 to ₹4,243 per sq ft by March 2026. This trend suggests a cooling market in the near future.

Quarter City Rate
Mar 2026 4243
Dec 2025 4829
Sep 2025 5110
Jun 2025 4948
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Price Trends by Property Type

Vizag's real estate market offers diverse property types, with villas commanding a premium at ₹6,331 per sq ft, marking a substantial 19.16% increase. Apartments, a more prevalent segment, are priced at ₹4,243 per sq ft, reflecting a 12.14% decrease. This divergence highlights varied demand dynamics across residential categories.

Type Rate (₹/sq.ft) Change %
Villa 6,331 19.16
Apartment 4,243 -12.14
Price Trends by Project Status

The Vizag property market presents a range of project statuses catering to different buyer needs. 'Ready To Move' properties are available at ₹4,347 per sq ft, showing a slight 2.11% decrease. 'New Launch' projects are priced at ₹4,127 per sq ft, indicating a 7.54% increase, suggesting developer confidence in new offerings. 'Under Construction' projects are priced at ₹4,845 per sq ft, with a modest 1.36% rise.

Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 62 4,328 -2.15
Under Construction 11 4,845 1.36
New Launch 14 4,127 7.54

Project and Developer Insights

Top Projects in Vizag
Iconica Capitol and The Crown is the top project in Vizag with prices from ₹ 1.83 Cr to 4.23 Cr.
Iconica Capitol and The Crown ₹ 1.83 Cr - ₹ 4.22 Cr
  • Vizag North, Vizag
AK Chitravilasa Garden City ₹ 42.24 L - ₹ 67.09 L
  • Vizag North, Vizag
Sri Sai Surya Nivasam ₹ 46.53 L - ₹ 69.08 L
  • Vizag Central, Vizag
Utkarsha Pearl ₹ 38.48 L - ₹ 55.5 L
  • Vizag North, Vizag
Flora Beau Fort ₹ 50.63 L - ₹ 67.24 L
  • Vizag North, Vizag
Ramky One Krystal ₹ 64.06 L - ₹ 87.98 L
  • Vizag Central, Vizag
Ramachandra Enclave Vizag ₹ 46.83 L - ₹ 64.68 L
  • Vizag North, Vizag
View More
New Launch
Under Construction
Ready to Move
Top Projects by Listing Rates

Premium residential projects in Vizag are setting high benchmarks for asking prices. Sai Sree S Murali Madhuram in Pothinamallayya Palem leads with a current rate of ₹15,726 per sq ft, showing a 0.61% increase. Daspalla Gangapur Royal Palace and Manchukonda Pride in East Point Colony and Chinna Waltair respectively, are also prominent, priced at ₹11,478 per sq ft and ₹11,224 per sq ft. These projects represent the upper echelon of Vizag's property offerings.

  • Listing Rate
Project Name Rate (₹/sq.ft) Change %
Sai Sree S Murali Madhuram 15,726 0.6
Daspalla Gangapur Royal Palace 11,478 -
Manchukonda Pride 11,224 -
Vaisakhi Skyline 8,920 -
Mk Gold Coast 8,692 -2.5
Lansum Oxygen Towers 8,500 -30.4
Ksr Pleasant Valley 7,987 -
Mk One 7,490 -
Teetlas Kp Paradise 7,435 -
Sri Lakshmi Enclave 6,500 -
Top Projects by Rental Rates

In Vizag's rental market, projects like MK Royale in Paanduranga Puram offer listings at ₹17 per sq ft. Kalyan Villa, also in Paanduranga Puram, is available at ₹16 per sq ft. MVV Gardens and Madhuri Palace in Lawsons Bay Colony are priced at ₹15 per sq ft and ₹14 per sq ft respectively, showcasing rental rates in prime areas.

Project Name Rate (₹/sq.ft) Change %
Mk Royale 17 -
Kalyan Villa 16 -
Mvv Gardens 15 -
Madhuri Palace 14 -
Top Developers in Vizag
Shriram Properties leads in Vizag with 4 projects and 24 years of experience.
DLF
Shriram Properties ₹ 48.41 L - ₹ 4.54 Cr
  • 4 Projects
  • 24 Years
DLF
Ramky Group ₹ 64.06 L - ₹ 87.98 L
  • 1 Projects
  • 20 Years
DLF
Lansum Group ₹ 66.81 L - ₹ 2.96 Cr
  • 4 Projects
  • 6 Years
DLF
Northstar Homes ₹ 1.04 Cr - ₹ 2.08 Cr
  • 2 Projects
DLF
Marvel
  • 1 Projects
  • 18 Years
DLF
Prajay Engineers ₹ 75.15 L - ₹ 1.08 Cr
  • 1 Projects
  • 25 Years
DLF
Pate
  • 1 Projects
DLF
Legend Estates
  • 1 Projects
  • 21 Years
DLF
MVV Builders ₹ 67.52 L - ₹ 1.44 Cr
  • 37 Projects
DLF
Mk Builders ₹ 36.96 L - ₹ 2.63 Cr
  • 22 Projects
View More

Property Rental Trends in Vizag

Rental Trends by Unit Type

The rental market in Vizag shows a clear demand for larger configurations, with 3 BHK apartments averaging a substantial ₹38,813 per month. This indicates a preference for family-sized accommodations among renters.

Unit Type Rate (₹)
3 Bhk 38,813

FAQs about Property Rates in Vizag

What is the average asking price in Vizag as of March 2026, and how has it changed recently?

As of March 2026, the average asking price in Vizag stands at ₹4,243 per sq ft. This represents a depreciation of 12.14% from the ₹4,829 per sq ft recorded in December 2025. This recent price decrease suggests a market correction or potentially increased inventory, which buyers might find advantageous.

How have property prices in Vizag trended over the past year?

Property prices in Vizag have seen a downward trend over the past year. From June 2025 to March 2026, the average city rate decreased from ₹4,948 per sq ft to ₹4,243 per sq ft. Specifically, prices declined from ₹5,110 per sq ft in September 2025 to ₹4,829 per sq ft in December 2025, and further to ₹4,243 per sq ft by March 2026. This consistent decline indicates a softening market, which could present opportunities for bargain hunters.

What is the difference between the average asking price and the Government Registration Rate in Vizag?

As of March 2026, the average asking price in Vizag is ₹4,243 per sq ft, while the Government Registration Rate is ₹4,207 per sq ft. This indicates a very small difference of ₹36 per sq ft between what sellers are asking and the rate registered by the government, suggesting a market where listed prices are closely aligned with official valuations.

How do property prices vary between apartments and villas in Vizag?

In Vizag, villas command a significantly higher average price compared to apartments. As of March 2026, villas are priced at an average of ₹6,331 per sq ft, showing a notable appreciation of 19.16% over the period. In contrast, apartments, which form the bulk of the market, are priced at ₹4,243 per sq ft, having depreciated by 12.14% during the same timeframe.

What are the price trends for properties based on their construction status in Vizag?

In Vizag, property prices vary significantly by construction status as of March 2026. 'Ready To Move' properties are priced at ₹4,347 per sq ft, showing a slight depreciation of 2.11%. 'Under Construction' properties are valued higher at ₹4,845 per sq ft, with a modest appreciation of 1.36%. 'New Launch' projects are priced at ₹4,127 per sq ft, indicating a positive growth of 7.54%, while 'Mid Stage' projects are at ₹4,945 per sq ft with a 3.33% depreciation.

Which projects in Vizag have the highest listing rates as of March 2026?

As of March 2026, projects in Vizag with the highest listing rates include 'Sai Sree S Murali Madhuram' in Pothinamallayya Palem, Vizag North, at ₹15,726 per sq ft, which saw a slight appreciation of 0.61%. Other high-rate projects include 'Daspalla Gangapur Royal Palace' and 'Manchukonda Pride' in Vizag Central, both listed at ₹11,478 per sq ft and ₹11,224 per sq ft respectively, with no reported change in rates.

Which developers in Vizag have seen the highest transaction activity?

The provided data does not contain information on developers ranked by transaction activity, making it impossible to identify which developers have seen the highest volume of sales in Vizag.

What are the rental trends for a 3 BHK apartment in Vizag as of March 2026?

As of March 2026, the average rental rate for a 3 BHK apartment in Vizag is ₹38,813 per month. This figure represents the typical monthly rent for this configuration in the residential apartment segment within the city.

What is the rental yield in Vizag, and what does it signify for investors?

The rental yield for Vizag is currently listed as 'NA' (Not Available). Typically, rental yield is calculated by dividing the annual rental income by the property's total value and multiplying by 100. A 'NA' status means this metric is not currently calculable from the available data, making it difficult to assess the immediate income-generating potential of properties relative to their capital value.

Which projects in Vizag are commanding the highest rental rates as of March 2026?

As of March 2026, projects in Vizag with the highest rental rates include 'MK Royale' and 'Kalyan Villa', both located in Panduranga Puram, Vizag Central, with rentals at ₹17 per sq ft and ₹16 per sq ft respectively. Following closely are 'MVV Gardens' and 'Madhuri Palace' in Lawsons Bay Colony, Vizag Central, with rental rates of ₹15 per sq ft and ₹14 per sq ft. These projects represent premium rental offerings in the city.

How do rental rates compare across different micromarkets in Vizag?

The provided data does not include a breakdown of rental rates across different micromarkets within Vizag, making it impossible to compare rental price variations between neighborhoods.

What does the current property market in Vizag suggest for end-users versus investors?

The current property market in Vizag, as of March 2026, shows a depreciating trend with the average asking price at ₹4,243 per sq ft, down 12.14% from December 2025. This price decline might favor end-users looking to purchase a home, as they could potentially negotiate better deals. For investors, the current market might signal a period of caution, though the long-term potential would depend on future market dynamics and rental income prospects if available.

How can the property rates data for Vizag help in making buying or renting decisions?

The property rates data for Vizag provides crucial insights for decision-making. By examining the average asking price (₹4,243 per sq ft as of March 2026) and its recent trend (a 12.14% depreciation), buyers can gauge market conditions. Comparing prices across property types like villas (₹6,331 per sq ft) and apartments (₹4,243 per sq ft), or by construction status, helps in identifying specific segment opportunities. For renters, understanding the average rent for a 3 BHK (₹38,813 per month) and premium rental projects can inform their search.

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