Bheemili Property Rates — ₹3,850/sq ft

Buy
Rent
Manage
Finance
Interiors
For Professionals

Sell or Rent Property

Property rates in Bheemili average ₹3,850 per sq ft. This valuation reflects a steady climb in local real estate, as seen in the recent quarterly uptick from ₹3,800 per sq ft. The area remains a notable segment of the Vizag market, offering accessible entry points for buyers compared to more mature localities. With consistent interest, Bheemili continues to position itself as a viable option for those seeking residential growth in a coastal setting.

Insights

Insights for Bheemili, Vizag Real Estate Market Overview

Bheemili presents a stable and growing residential landscape characterized by a steady appreciation in property values. The market has observed a positive shift over recent quarters, moving from an average of ₹3,800 to ₹3,850 per sq ft. This growth is supported by a mix of new residential projects and consistent demand from buyers looking for value-driven options within the broader Vizag region. Rental demand is also active in surrounding areas, providing additional context for investors monitoring regional yield potential.

Property values in Bheemili have shown a clear upward trend, rising to ₹3,850 per sq ft.
The apartment segment remains the primary property type, maintaining an average price of ₹3,850 per sq ft with a growth of 1.36%.
Notable projects like Abhilash ADYSSA set the benchmark for local listings at ₹4,500 per sq ft.
Rental rates in nearby localities like Lawsons Bay Colony and Paanduranga Puram currently average ₹50 per sq ft, indicating a healthy rental environment.

Market Strengths

Consistent quarterly price appreciation for residential apartments in Bheemili.
A diverse range of property price points catering to different buyer segments.
Proximity to established rental markets where rates reach ₹50 per sq ft.
Clear positive growth trend in apartment valuations over recent months.
Active interest in residential projects like Abhilash ADYSSA.

Investment Opportunities

The 1.36% growth in apartment prices suggests a stable appreciation path for long-term residential investments in Bheemili.
Rental demand in nearby localities like Lawsons Bay Colony and Paanduranga Puram, both averaging ₹50 per sq ft, supports the potential for steady rental income in the broader region.
The price gap between Bheemili at ₹3,850 per sq ft and more established areas like Seethammadhara provides an affordable entry for capital gains.
The presence of varied project price points, from ₹1,800 to ₹4,500 per sq ft, allows investors to select properties based on specific yield or appreciation goals.

Top Localities in Bheemili, Vizag

Thagarapuvalasa

Avg Price ₹ 3,400 /Sq.Ft.

LISTINGS 3

Price Trend

Bheemili, Vizag Property Price Trends and Appreciation

Bheemili has experienced a positive shift in property valuations, with the average rate climbing from ₹3,800 per sq ft in September 2025 to ₹3,850 per sq ft by December 2025. This steady growth indicates a healthy demand for residential spaces in the locality. The consistent rise highlights the increasing appeal of the area to prospective property owners.

Asking Price Trends

₹ 3,850/Sq.Ft

Sep 2025 — Jun 2026

Quarter	City Rate
Jun 2026	0
Mar 2026	0
Dec 2025	3850
Sep 2025	3800

About Asking Price Trends

Bheemili Property Price Comparison

By Localities
By Property Type
By Property Status

Location	Rate (₹/Sq.Ft)	Change %
Madhurawada	5,250	8.1
Bakkannapalem	4,250	-
Kommadi	5,300	1.5
Pothinamallayya Palem	4,800	1.8
Yendada	6,250	5.1
Mvp Colony	7,900	-
Seethammadhara	8,350	-
Akkayyapalem	6,650	-

The surrounding Vizag region features a wide spectrum of property rates, ranging from the accessible pricing in Bheemili to the premium markets of Seethammadhara and MVP Colony. While Bheemili averages ₹3,850 per sq ft, locations like Seethammadhara command a higher average of ₹8,350 per sq ft. Similarly, Yendada and Akkayyapalem maintain strong positions with averages of ₹6,250 and ₹6,650 per sq ft respectively. These variations offer buyers diverse options based on their budget and preference for established versus developing neighborhoods.

Type	Rate (₹/Sq.Ft)	Change %
Apartment	3,850	1.4

Bheemili's real estate market is primarily focused on the apartment segment, which currently averages ₹3,850 per sq ft. This category has demonstrated a positive growth trend of 1.36%, reflecting steady buyer interest. The market continues to prioritize residential apartment configurations as the leading product type for local investors.

Status	No of Project	Rate (₹/Sq.Ft)	Change %
Ready To Move	-	-	-
Under Construction	-	-	-

Project & Developer Insights

Top Residential Projects and Developers in Bheemili

KP Arena ₹ 56.9 L - ₹ 92.5 L

Vizag North, Vizag

CMR Karlan Grand ₹ 1.54 Cr - ₹ 2.41 Cr

Vizag North, Vizag

CMR Karlan Residency ₹ 1.27 Cr - ₹ 1.77 Cr

Vizag North, Vizag

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

Vizag North, Vizag

Utkarsha Capital Towers ₹ 88.77 L - ₹ 1.42 Cr

Vizag North, Vizag

Karlan Square ₹ 1.58 Cr - ₹ 1.94 Cr

Vizag Central, Vizag

Karlan CMR One ₹ 2.06 Cr - ₹ 5.14 Cr

Vizag Central, Vizag

New Launch

Under Construction

Ready to Move

Abhilash Constructions Pvt Ltd ₹ 29.29 L - ₹ 88.66 L

5 Projects

Bluejay Enterprises Pvt Ltd ₹ 15.84 L - ₹ 15.84 L

5 Projects

Building Blocks Projects India Pvt Ltd ₹ 8.1 L - ₹ 80.97 L

4 Projects

RK Real Estates ₹ 25.3 L - ₹ 28.18 L

2 Projects

Lakshminivas Housing Projects ₹ 27.45 L - ₹ 41.17 L

1 Projects

D Home Projects ₹ 38.99 L - ₹ 38.99 L

1 Projects

Top Projects by Listing Rates

Listing Rate

Project Name	Rate (₹/Sq.Ft)	Change %
Abhilash Adyssa, Bheemili	4,500	-
Blu J Rana, Bheemili	1,800	-

Premium residential developments in Bheemili are defining the local market standards with diverse pricing tiers. Abhilash ADYSSA stands out as a high-value project with an asking price of ₹4,500 per sq ft. Meanwhile, Blu J Rana offers a more accessible entry point into the market at ₹1,800 per sq ft, catering to a wider range of potential buyers.

Explore Property Rates in Top Cities

Mumbai

Avg. Asking Price ₹ 37,700 /Sq.Ft

Govt Registration Rate ₹ 18,300 /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

Chennai

Avg. Asking Price ₹ 9,200 /Sq.Ft

Kolkata

Avg. Asking Price ₹ 6,800 /Sq.Ft

Lucknow

Avg. Asking Price ₹ 6,600 /Sq.Ft

Govt Registration Rate ₹ 7,550 /Sq.Ft

Micromarket-Wise Property Price Trends Around Bheemili, Vizag

Vizag North

Avg. Asking Price ₹ 5,400 /Sq.Ft

Vizag Central

Avg. Asking Price ₹ 5,250 /Sq.Ft

Vizag South

Avg. Asking Price ₹ 3,500 /Sq.Ft

More insights about Bheemili, Vizag

Bheemili, Vizag Overview

FAQ

Frequently Asked Questions About Property Rates in Bheemili, Vizag

What is the current average asking price in Bheemili?

As of Jun 2026, the average asking price in Bheemili stands at ₹3,850 per sq ft. This rate has remained stable with a change percentage of 0% compared to the previous period, indicating a period of price consistency in this locality.

How have property prices in Bheemili trended recently?

The micromarket rate in Bheemili has shown a positive trajectory, rising from ₹5,050 per sq ft in Mar 2026 to ₹5,400 per sq ft as of Jun 2026. This upward movement in the micromarket rate suggests growing demand and increased interest in the area over the last quarter.

How do property prices in Bheemili compare to other neighbourhoods in Vizag?

Property prices in Bheemili, currently at ₹3,850 per sq ft, are generally more accessible compared to established premium hubs in Vizag. For instance, Seethammadhara commands a higher average asking price of ₹8,350 per sq ft, while Mvp Colony sits at ₹7,900 per sq ft. Other nearby areas like Yendada at ₹6,250 per sq ft and Madhurawada at ₹5,250 per sq ft also reflect higher price points, highlighting Bheemili as a potentially value-oriented option for buyers.

What is the average asking price for apartments in Bheemili?

As of Jun 2026, the average asking price for apartments in Bheemili is ₹3,850 per sq ft. This segment has seen an appreciation of 1.36% compared to the previous period, reflecting a steady interest in apartment-style living within the locality.

Which residential projects in Bheemili currently have the highest listing rates?

Among the prominent residential projects in Bheemili, Abhilash ADYSSA leads with a listing rate of ₹4,500 per sq ft as of Jun 2026. Another notable project in the area is Blu J Rana, which has a listing rate of ₹1,800 per sq ft. Both projects have maintained stable pricing with a 0% change percentage, providing clear benchmarks for buyers evaluating project-specific value in the locality.

How should investors interpret the rental rates in areas near Bheemili?

While Bheemili itself is developing, neighbouring areas provide a benchmark for rental expectations in the broader Vizag region. As of Jun 2026, localities such as Lawsons Bay Colony and Paanduranga Puram both command an average rental rate of ₹50 per sq ft. These rates have remained stable with a 0% change percentage, offering a consistent reference point for landlords and tenants looking at the rental market landscape in the vicinity.