Property Rates in Bheemili, Vizag

Bheemili, a growing locality in Vizag, offers a compelling real estate market for both homeowners and investors. The current asking price stands at an average of ₹3,863 per sq ft. Analyzing quarterly price trends, Bheemili saw its average rate at ₹3,863 per sq ft in Dec 2025, a slight increase from ₹3,811 per sq ft in Sep 2025, although it was higher at ₹4,007 per sq ft in Jun 2025. This indicates a market that has seen some adjustments but remains relatively stable. When compared to neighboring areas, Bheemili's average price of ₹3,863 per sq ft is significantly more affordable than areas like Rushikonda (₹6,083 per sq ft) and Yendada (₹6,867 per sq ft), yet higher than Kothavalasa (₹2,344 per sq ft), positioning it as a mid-range option. The market is predominantly characterized by apartment offerings, which align with the overall average asking price and have shown a positive change of 1.36%. While specific data on property status beyond apartments is limited and registration activity is not available, projects such as Abhilash Adyssa, priced at ₹4,505 per sq ft, and Blu J Rana at ₹1,800 per sq ft, showcase the varied options available. This blend of competitive pricing and ongoing development suggests Bheemili holds potential for long-term appreciation, especially for those seeking value compared to more established, pricier localities in Vizag.