Property Rates in Vizag - Avg ₹4,800/sq ft

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Property Rates in Vizag

Property rates in Vizag average ₹4,800 per sq ft, reflecting a stable market environment. The city presents a diverse real estate landscape where villa properties command a premium at ₹6,350 per sq ft, marking a notable 19.16% increase. Meanwhile, the apartment segment remains a steady investment choice with an average price of ₹4,850 per sq ft. These figures, combined with steady ready-to-move inventory, highlight a balanced approach for both end-users and investors.

Insights

Insights for Vizag Real Estate Market Overview

The Vizag property market currently exhibits a blend of stability and selective premium growth, with average asking prices holding firm at ₹4,800 per sq ft. While residential apartments maintain a consistent demand, the luxury villa segment has seen significant appreciation, signaling a strong appetite for high-end living spaces. Rental demand remains robust, particularly for 3 BHK apartments, which command monthly rents around ₹38,800. Developers are actively catering to varied timelines, with a mix of ready-to-move and under-construction projects providing options for different buyer profiles.

Villa properties have outperformed other segments with a 19.16% price increase.
Ready-to-move apartment inventory is priced at an accessible ₹4,500 per sq ft.
3 BHK units in the residential apartment sector average ₹38,800 in monthly rent.
Premium projects like Vishwanadh The Sky and Daspalla Gangapur Royal Palace lead the market with rates exceeding ₹11,000 per sq ft.

Market Strengths

Strong premium segment growth with villas appreciating by 19.16%.
High-end luxury projects maintain robust asking rates, with top-tier developments reaching ₹12,000 per sq ft.
Stable apartment market with consistent 1.25% growth.
High rental demand for 3 BHK residential apartments.
Extensive ready-to-move supply of 63 units providing immediate occupancy options.

Market Challenges

New launch projects have experienced a -8.23% price correction, indicating a softening in initial launch demand.
Under-construction projects show a -5.82% change, reflecting a cautious adjustment in the development pipeline.

Investment Opportunities

Villa properties offer high capital appreciation potential following a 19.16% price increase.
3 BHK apartments in the rental market provide consistent monthly yields averaging ₹38,800.
New launch projects at ₹4,000 per sq ft offer a competitive entry point for long-term investors.
Ready-to-move projects provide immediate rental income potential with stable pricing at ₹4,500 per sq ft.

Top Micromarkets in Vizag

Vizag Central

Avg Price ₹ 5,250 /Sq.Ft.

YOY + 42.53 %

LISTINGS 106

Vizag South

Avg Price ₹ 3,500 /Sq.Ft.

YOY + 1.62 %

LISTINGS 39

Vizag North

Avg Price ₹ 5,400 /Sq.Ft.

YOY + 6.94 %

LISTINGS 194

Price Trend

Vizag Property Price Trends and Appreciation

Market trends indicate a period of recovery and stabilization, with rates climbing from ₹4,250 per sq ft in March 2026 to ₹4,800 per sq ft by June 2026. This upward trajectory shows resilience, with values holding steady at ₹4,850 per sq ft as of September 2026. Such consistent performance underscores the growing confidence among investors in the city's residential sector.

Asking Price Trends

₹ 4,800/Sq.Ft + 13.22 % QoQ

Dec 2025 — Sep 2026

Quarter	City Rate
Sep 2026	4850
Jun 2026	4800
Mar 2026	4250
Dec 2025	4850

About Asking Price Trends

Vizag Property Price Comparison

By Property Type
By Property Status

Type	Rate (₹/Sq.Ft)	Change %
Villa	6,350	19.2
Apartment	4,850	1.3

Vizag's real estate market offers distinct choices for buyers, with villas standing out as a high-value segment at ₹6,350 per sq ft, showcasing a growth of 19.16%. Apartments remain the mainstay of the market, averaging ₹4,850 per sq ft with a modest 1.25% increase. This variety allows investors to choose between premium luxury living and stable, high-demand residential units.

Status	No of Project	Rate (₹/Sq.Ft)	Change %
Ready To Move	64	4,586	3.4
Under Construction	19	4,500	-5.8
New Launch	12	4,000	-8.2

The market currently supports a wide array of buyer needs through its diverse project status categories. Ready-to-move projects, which make up the bulk of the available inventory, average ₹4,500 per sq ft with a 0.05% gain, offering immediate possession benefits. Meanwhile, new launch projects are priced at ₹4,000 per sq ft, reflecting a -8.23% adjustment that creates entry-level opportunities for value-driven buyers.

Project & Developer Insights

Top Residential Projects and Developers in Vizag

KP Arena ₹ 56.9 L - ₹ 92.5 L

Vizag North, Vizag

Utkarsha Capital Towers ₹ 70.28 L - ₹ 1.13 Cr

Vizag North, Vizag

CMR Karlan Grand ₹ 1.54 Cr - ₹ 2.41 Cr

Vizag North, Vizag

Iconica Capitol and The Crown ₹ 1.83 Cr - ₹ 4.22 Cr

Vizag North, Vizag

CMR Karlan Residency ₹ 1.27 Cr - ₹ 1.77 Cr

Vizag North, Vizag

Karlan Square ₹ 1.58 Cr - ₹ 1.94 Cr

Vizag Central, Vizag

KP Bay Walk ₹ 1.59 Cr - ₹ 2.51 Cr

Vizag Central, Vizag

Karlan CMR One ₹ 2.06 Cr - ₹ 5.14 Cr

Vizag Central, Vizag

Utkarsha Vajradhaara Price On Request

Vizag South, Vizag

New Launch

Under Construction

Ready to Move

Shriram Properties ₹ 73.89 L - ₹ 4.54 Cr

4 Projects
26 Years

Ramky Group ₹ 80 L - ₹ 1.1 Cr

2 Projects
31 Years

Karlan Constructions LLP ₹ 1.27 Cr - ₹ 5.14 Cr

4 Projects

Dharmik Constructions

1 Projects

Heritage Builders And Developers

1 Projects

Lansum Group ₹ 66.81 L - ₹ 2.96 Cr

4 Projects
6 Years

Northstar Homes ₹ 83.75 L - ₹ 3.27 Cr

3 Projects

Marvel ₹ 33 L - ₹ 45.42 L

1 Projects
18 Years

Prajay Engineers ₹ 75.15 L - ₹ 1.08 Cr

1 Projects
25 Years

Pate

1 Projects

Top Projects by Listing Rates

Listing Rate
By Rental

Project Name	Rate (₹/Sq.Ft)	Change %
Vishwanadh The Sky, Satya Sai Nagar	12,000	-
Daspalla Gangapur Royal Palace, East Point Colony	11,500	-
Manchukonda Pride, Chinna Waltair	11,200	-
Karlan Cmr One, Siripuram	11,200	-
Karlan Square, Seethammadhara	11,000	-
Arifs Vinayagar, Kirlampudi Layout	10,350	-
Vaisakhi Skypark, Yendada	10,000	-
Mk Gold Coast, Yendada	9,350	7.4
Cmr Karlan Grand, Mvp Colony	9,000	-
Cmr Karlan Residency, Mvp Colony	8,700	-

Premium residential developments in Vizag are setting high benchmarks, with several projects commanding rates well above the city average. Vishwanadh The Sky in Satya Sai Nagar leads the market at ₹12,000 per sq ft, followed closely by Daspalla Gangapur Royal Palace at ₹11,500 per sq ft. Other notable high-end addresses include Manchukonda Pride and Karlan CMR One, both priced at ₹11,200 per sq ft, highlighting the robust appetite for luxury living in central and south locations.

Project Name	Rate (₹/Sq.Ft)	Change %
Mk Royale, Paanduranga Puram	17	-
Kalyan Villa, Paanduranga Puram	16	-
Mvv Gardens, Lawsons Bay Colony	15	-
Madhuri Palace, Lawsons Bay Colony	14	-

Top projects such as MK Royale and Kalyan Villa in Paanduranga Puram, along with MVV Gardens and Madhuri Palace in Lawsons Bay Colony, are key drivers in the rental landscape. These properties maintain average rental rates of ₹50 per sq ft, reflecting their prime locations and high desirability.

Rental Trends

Rental Trends and Average Rent in Vizag

The rental market is dominated by 3 BHK residential apartments, which currently command an average monthly rent of ₹38,800. This segment remains a focal point for families and professionals seeking spacious living 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, are key drivers in the rental landscape. These properties maintain average rental rates of ₹50 per sq ft, reflecting their prime locations and high desirability.

Vizag Rent Comparison

By Unit Type

Unit Type	Rate (₹)
3 Bhk	38,800

Explore Property Rates in Top Cities

Mumbai

Avg. Asking Price ₹ 37,700 /Sq.Ft

Navi Mumbai

Avg. Asking Price ₹ 19,000 /Sq.Ft

Govt Registration Rate ₹ 13,950 /Sq.Ft

Delhi

Avg. Asking Price ₹ 18,200 /Sq.Ft

Thane

Avg. Asking Price ₹ 16,000 /Sq.Ft

Govt Registration Rate ₹ 9,650 /Sq.Ft

Gurgaon

Avg. Asking Price ₹ 15,100 /Sq.Ft

Pune

Avg. Asking Price ₹ 13,550 /Sq.Ft

Govt Registration Rate ₹ 8,750 /Sq.Ft

Noida

Avg. Asking Price ₹ 12,650 /Sq.Ft

Govt Registration Rate ₹ 9,100 /Sq.Ft

Bangalore

Avg. Asking Price ₹ 12,400 /Sq.Ft

Hyderabad

Avg. Asking Price ₹ 9,400 /Sq.Ft

Govt Registration Rate ₹ 3,700 /Sq.Ft

Chennai

Avg. Asking Price ₹ 9,200 /Sq.Ft

Top Localities in Vizag By Property Prices

Kirlampudi Layout

Avg. Asking Price ₹ 8,350 /Sq.Ft

Seethammadhara

Avg. Asking Price ₹ 8,350 /Sq.Ft

Lawsons Bay Colony

Avg. Asking Price ₹ 7,950 /Sq.Ft

MVP Colony

Avg. Asking Price ₹ 7,900 /Sq.Ft

Murali Nagar

Avg. Asking Price ₹ 7,800 /Sq.Ft

Chinna Waltair

Avg. Asking Price ₹ 7,750 /Sq.Ft

Maddilapalem

Avg. Asking Price ₹ 7,250 /Sq.Ft

Pedda Waltair

Avg. Asking Price ₹ 6,900 /Sq.Ft

Maharani Peta

Avg. Asking Price ₹ 6,850 /Sq.Ft

Akkayyapalem

Avg. Asking Price ₹ 6,650 /Sq.Ft

FAQ

Frequently Asked Questions About Property Rates in Vizag

What is the current average asking price in Vizag?

As of Sep 2026, the average asking price in Vizag stands at ₹4,850 per sq ft. This reflects a stable market trend, as prices have remained consistent with the ₹4,850 per sq ft recorded in Dec 2025, indicating a period of price consolidation in the city's residential real estate sector.

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

Property prices in Vizag have shown a fluctuating trajectory, moving from ₹4,850 per sq ft in Dec 2025 to a low of ₹4,250 per sq ft in Mar 2026, before recovering to ₹4,850 per sq ft as of Sep 2026. This recovery suggests resilient demand in the city, with the market successfully absorbing earlier fluctuations to return to its previous benchmark levels.

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

Villas currently command a premium in Vizag, with an average price of ₹6,350 per sq ft as of Sep 2026, having appreciated by 19.16% compared to previous reporting periods. In contrast, apartments are more accessible, priced at an average of ₹4,850 per sq ft as of Sep 2026, showing a modest appreciation of 1.25% over the same timeframe, reflecting a strong preference for independent living spaces.

What is the price difference between ready-to-move and under-construction projects in Vizag?

As of Sep 2026, ready-to-move projects in Vizag are priced at ₹4,500 per sq ft, showing a stable trend with a marginal appreciation of 0.05% compared to prior data. Under-construction projects are also priced at ₹4,500 per sq ft, though they have experienced a depreciation of 5.82% over the same period, which may present a value-buying opportunity for investors looking for future capital gains.

Which are the most premium residential projects in Vizag based on listing rates?

The most premium residential projects in Vizag include Vishwanadh The Sky in Satya Sai Nagar, which leads with a listing rate of ₹12,000 per sq ft as of Sep 2026, followed by Daspalla Gangapur Royal Palace in East Point Colony at ₹11,500 per sq ft. Other high-value projects include Manchukonda Pride and Karlan CMR One, both at ₹11,200 per sq ft, and Karlan Square at ₹11,000 per sq ft. These rates have remained stable with 0% change, reflecting the established premium positioning of these developments.

What is the typical rent for a 3 BHK apartment in Vizag?

As of Sep 2026, the average monthly rent for a 3 BHK apartment in Vizag is ₹38,800. This rental benchmark provides a clear indicator for tenants looking for spacious residential options and for investors evaluating the potential monthly income from large-format apartment units in the city.

Which projects in Vizag command the highest rental rates?

The top projects for rentals in Vizag are concentrated in the central micromarket, led by MK Royale at ₹17 per sq ft and Kalyan Villa at ₹16 per sq ft, both located in Paanduranga Puram as of Sep 2026. Other notable projects include MVV Gardens at ₹15 per sq ft and Madhuri Palace at ₹14 per sq ft, both situated in Lawsons Bay Colony. These rental rates have remained stable with 0% change, indicating consistent demand for premium rental properties in these specific localities.

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 Sep 2026. Buyers and investors should note that this rate serves as the baseline for stamp duty and registration fee calculations, which is significantly lower than the market-driven average asking price of ₹4,850 per sq ft, highlighting the difference between official valuation and current market transaction values.