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 prices reaching ₹6,350 per sq ft, while apartments average ₹4,800 per sq ft. With ready-to-move projects priced at ₹4,500 per sq ft, the market provides significant opportunities for immediate occupancy and long-term value creation across key central and northern localities.
The Vizag real estate market exhibits steady growth, driven by a mix of established residential projects and emerging new launches. Prices have fluctuated moderately over the past year, aligning with broader regional economic trends and steady buyer demand. Rental activity remains robust, particularly for 3 BHK apartments, which command an average monthly rent of ₹38,800. Developers are focused on balancing supply across various project stages, ensuring that both under-construction and ready-to-move inventories cater to diverse buyer preferences.
Villa properties have seen a significant price appreciation of 19.16%, making them a high-growth segment.
Apartment prices have grown by 12.92%, indicating sustained interest in multi-family residential units.
New launch projects are priced at ₹4,350 per sq ft, showing a healthy 13.68% increase in value.
Mid-stage construction projects command a premium at ₹6,300 per sq ft, reflecting a 22.82% price surge.
Top-tier residential developments like Sai Sree S Murali Madhuram are setting benchmarks with rates up to ₹15,750 per sq ft.
Market Strengths
Strong price appreciation in the villa segment at 19.16%.
Consistent demand for apartments driving a 12.92% price growth.
High-value projects like Sai Sree S Murali Madhuram indicate a robust luxury market.
Steady rental demand for 3 BHK apartments at ₹38,800 per month.
Significant inventory of ready-to-move projects providing stability to the market.
Market Challenges
Partially ready-to-move units have experienced a price decline of -4.65%.
Select high-end projects like Lansum Oxygen Towers have seen a price correction of -30.38%.
MK Gold Coast has faced a moderate price adjustment of -2.53%.
Investment Opportunities
Villas offer high growth potential with a 19.16% price increase over the recent period.
Apartment investments show steady performance with a 12.92% appreciation rate.
New launch projects provide entry-level investment opportunities at ₹4,350 per sq ft.
3 BHK apartments represent a reliable rental income source with average monthly rents of ₹38,800.
Top Micromarkets in Vizag
Vizag Central
Avg Price₹ 3,650 /Sq.Ft.
YOY
-32.58 %
Avg Rent₹ 16 /Sq.Ft.
YIELD
+ 5.26
LISTINGS
129
Vizag South
Avg Price₹ 3,450 /Sq.Ft.
YOY
-2.46 %
LISTINGS
23
Vizag North
Avg Price₹ 5,050 /Sq.Ft.
YOY
-5.43 %
Avg Rent₹ 91 /Sq.Ft.
LISTINGS
896
Price Trend
Vizag Property Price Trends and Appreciation
Property rates in Vizag have seen varied movement throughout the previous year, with the average city rate recorded at ₹4,800 per sq ft in June 2026. This follows a period of adjustment where rates were ₹4,250 per sq ft in March 2026 and ₹4,850 per sq ft in December 2025. These fluctuations highlight the dynamic nature of the local real estate landscape as it responds to shifting demand.
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 19.16% increase. Apartments offer a more accessible entry point at ₹4,800 per sq ft with a 12.92% growth, reflecting varied investment appetites across the city.
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, setting a high-value benchmark. Daspalla Gangapur Royal Palace in East Point Colony follows at ₹11,500 per sq ft, while Manchukonda Pride in Chinna Waltair offers high-end 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, maintain a steady rental presence with an average rate of ₹50 per sq ft.
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. Top projects such as MK Royale and Kalyan Villa in Paanduranga Puram, along with MVV Gardens and Madhuri Palace in Lawsons Bay Colony, maintain a steady rental presence with an average rate of ₹50 per sq ft.
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 correction, having depreciated by 12.14% compared to previous periods. While the Government Registration Rate stands at ₹4,200 per sq ft, the current market asking price remains slightly higher, indicating a premium over the base government valuation.
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, which follows a period of fluctuation where prices moved from ₹4,250 per sq ft in March 2026, ₹4,850 per sq ft in December 2025, and ₹5,100 per sq ft in September 2025. This volatility suggests a dynamic market where buyers and investors should carefully monitor local demand shifts before finalizing their investment decisions.
How do property rates in Vizag differ between villas and apartments?
Villas in Vizag command a higher premium compared to apartments, with an average asking price of ₹6,350 per sq ft as of June 2026, 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 seen an appreciation of 12.92% over the same timeframe. This price gap highlights the distinct market positioning of low-density villa projects versus high-density apartment complexes.
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, showing a marginal appreciation of 0.96%. Meanwhile, Under Construction projects are currently averaging ₹4,800 per sq ft, with a stable trend showing a 0.05% appreciation. The higher price point for under-construction units often reflects the inclusion of modern amenities and newer infrastructure standards compared to older ready-to-move stock.
What are the top-rated projects in Vizag by listing price?
The most premium residential projects in Vizag include Sai Sree S Murali Madhuram in Pothinamallayya Palem, which leads with an asking price of ₹15,750 per sq ft as of June 2026, having appreciated by 0.61%. Other notable high-value 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 projects have maintained stable pricing, reflecting their established status in the city's luxury real estate segment.
What is the typical rental cost 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 figure provides a benchmark for tenants looking for spacious residential options in the city. Investors should note that while specific rental yields are currently unavailable, the consistent demand for larger configurations like 3 BHK units remains a key factor for landlords in the residential apartment segment.
Which projects in Vizag command the highest rental rates?
Several projects in the Vizag Central micromarket currently lead the rental market, including MK Royale and Kalyan Villa in Paanduranga Puram, both commanding a current rental rate of ₹17 and ₹16 per sq ft respectively as of June 2026. Other top rental projects include MVV Gardens and Madhuri Palace in Lawsons Bay Colony, which are priced at ₹15 and ₹14 per sq ft respectively. These rates have remained stable with 0% change, indicating a consistent rental environment for high-end residential properties in these prime localities.
How should a buyer interpret the difference between the asking price and the Government Registration Rate in Vizag?
In Vizag, as of June 2026, the average asking price of ₹4,250 per sq ft is closely aligned with the Government Registration Rate of ₹4,200 per sq ft. Buyers should view this narrow gap as a sign of a transparent market where the market-driven listing prices are well-supported by government-notified values. This alignment typically reduces the risk of significant valuation discrepancies during the home loan and registration process.
What does the price trend of New Launch projects indicate for the Vizag market?
New Launch projects in Vizag are currently priced at an average of ₹4,350 per sq ft as of June 2026, having witnessed a significant appreciation of 13.68% over the analyzed period. This upward movement suggests strong developer confidence and robust demand for fresh inventory in the city. For investors, this trend indicates that entering the market at the launch stage could be a strategic move, provided the project location aligns with long-term growth prospects.
