Vizag
Akkayyapalem has established itself as a prime residential destination in Vizag, with property values currently averaging ₹6,650 per sq ft. Recent quarterly trends show a dynamic market, moving from ₹6,900 in September 2025 to a mid-range of ₹6,200 in December 2025, before firming up to the current level. The rental market remains consistent, with areas like Paanduranga Puram and Lawsons Bay Colony maintaining steady rates of ₹50 per sq ft. This stability provides a solid foundation for both long-term investors and those seeking immediate residential utility.
The average asking price in Akkayyapalem is ₹6,650 per sq ft as of June 2026. This rate represents an appreciation of 6.9% compared to the previous period, signaling a positive shift in market sentiment and demand for residential apartments in this locality.
Property prices in Akkayyapalem have shown a fluctuating trajectory, with the location rate reaching ₹6,650 per sq ft in June 2026, up from ₹6,200 per sq ft in December 2025. While the market saw a dip to ₹6,900 per sq ft in September 2025, the recent recovery indicates that buyers are actively engaging with the current supply, helping to stabilize and push values upward.
Akkayyapalem currently commands a higher average asking price of ₹6,650 per sq ft compared to several surrounding areas. For context, Yendada has an average rate of ₹5,950 per sq ft, which has seen a depreciation of 9.74% over the observed period, while Pothinamallayya Palem stands at ₹4,750 per sq ft with a 5.45% depreciation. Both Gajuwaka and Boyapalem are more affordably priced at ₹3,900 per sq ft, with Gajuwaka experiencing a 5.93% depreciation and Boyapalem remaining stable.
Rental rates in the vicinity of Akkayyapalem are currently stable, with key localities like Paanduranga Puram and Lawsons Bay Colony both recording an average rental rate of ₹50 per sq ft as of June 2026. This stability, indicated by a 0% change percentage, suggests a balanced rental market where supply and demand are currently well-aligned for tenants and landlords alike.
The average price for apartments in Akkayyapalem is ₹6,650 per sq ft as of June 2026. This figure reflects a 6.9% appreciation, confirming that apartments remain the primary and most sought-after residential property type in this locality.
