Bheemili Property Rates — ₹3,850/sq ft

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Property rates in Bheemili average ₹3,850 per sq ft. This value reflects a steady market where residential apartments currently drive buyer interest. As a growing area in Vizag, Bheemili provides an accessible entry point for investors compared to more established zones. The local real estate landscape is characterized by competitive residential pricing, making it a noteworthy consideration for those looking to balance cost with future development potential in the coastal city of Vizag.

Insights

Insights for Bheemili, Vizag Real Estate Market Overview

The Bheemili property market is currently defined by a stable price point of ₹3,850 per sq ft, reflecting a consistent 1.36% increase for apartment units. This growth indicates a healthy demand for residential spaces, even as surrounding regions in Vizag show varied appreciation rates. Meanwhile, the rental market in the broader area sees consistent demand in zones like Lawsons Bay Colony and Paanduranga Puram, where average rates hold at ₹50 per sq ft. Investors are increasingly looking at these peripheral areas to capitalize on the ongoing expansion of the city's residential infrastructure.

The average residential rate in Bheemili stands at ₹3,850 per sq ft, marking a positive quarterly shift.
Apartment segments continue to be the primary driver of market activity in this location.
Rental rates in key neighboring pockets like Lawsons Bay Colony and Paanduranga Puram remain stable at ₹50 per sq ft.
Projects such as Abhilash Adyssa and Blu J Rana provide distinct residential options with varying price points for prospective buyers.

Market Strengths

Consistent apartment price growth of 1.36% indicates a healthy and stable residential market.
The average rate of ₹3,850 per sq ft provides a lower-cost entry point into the Vizag real estate market.
Stable rental demand in the region with rates reaching ₹50 per sq ft provides potential for steady income.
Diverse project options such as Abhilash Adyssa cater to different budget brackets within the same locality.
The location benefits from its proximity to developing residential corridors in Vizag.

Investment Opportunities

Residential apartments in Bheemili offer an entry-level price of ₹3,850 per sq ft.
Rental yields in the wider Vizag market are supported by stable rates of ₹50 per sq ft in areas like Lawsons Bay Colony.
The 1.36% growth in apartment prices suggests a stable appreciation trend for long-term investors.
Competitive pricing compared to major hubs like Seethammadhara makes Bheemili an attractive option for value-oriented buyers.

Top Localities in Bheemili, Vizag

Thagarapuvalasa

Avg Price ₹ 3,400 /Sq.Ft.

LISTINGS 4

Price Trend

Bheemili, Vizag Property Price Trends and Appreciation

Bheemili is currently experiencing a positive trajectory in its property market, with rates holding at ₹3,850 per sq ft. This valuation reflects a steady interest from buyers seeking residential units in an emerging part of Vizag. The market has shown a consistent performance throughout the recent quarter.

Asking Price Trends

₹ 3,850/Sq.Ft

Dec 2025 — Sep 2026

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

About Asking Price Trends

Bheemili Property Price Comparison

By Localities
By Property Type
By Property Status

Location	Rate (₹/Sq.Ft)	Change %
Madhurawada	5,400	2.5
Rushikonda	5,950	-
Bakkannapalem	4,250	-0.2
Kommadi	5,350	0.6
Pothinamallayya Palem	4,850	0.1
Yendada	6,650	6
Mvp Colony	7,850	-0.4
Seethammadhara	8,550	2.1

Bheemili serves as an accessible residential hub when compared to the premium rates found elsewhere in Vizag. While hubs like Seethammadhara command higher prices at ₹8,550 per sq ft and MVP Colony at ₹7,850 per sq ft, Bheemili remains a more affordable alternative. Nearby locations like Bakkannapalem hover around ₹4,250 per sq ft, placing Bheemili in a competitive position for budget-conscious home buyers.

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

The Bheemili market focuses primarily on residential apartments, which currently average ₹3,850 per sq ft. This segment has shown a positive growth of 1.36%, reflecting steady buyer confidence. These properties offer a balanced investment for those prioritizing long-term value in a developing coastal location.

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

The market in Bheemili is currently concentrated on new development opportunities. Buyers looking for residential options can explore projects that align with their long-term investment timelines. This focus allows for a structured approach to property acquisition in a growing part of Vizag.

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 ₹ 70.28 L - ₹ 1.13 Cr

Vizag North, Vizag

Utkarsha Vajradhaara Price On Request

Vizag South, Vizag

KP Bay Walk ₹ 1.59 Cr - ₹ 2.51 Cr

Vizag Central, 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 - ₹ 81.65 L

5 Projects

Bluejay Enterprises Pvt Ltd ₹ 15.84 L - ₹ 15.84 L

5 Projects

Building Blocks Projects India Pvt Ltd ₹ 15.29 L - ₹ 80.97 L

4 Projects

RK Real Estates ₹ 25.3 L - ₹ 28.18 L

2 Projects

Sai Lakshya Developers ₹ 39 L - ₹ 78 L

1 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 setting clear value benchmarks for the area. Abhilash Adyssa is currently priced at ₹4,500 per sq ft, while Blu J Rana offers a more accessible entry point at ₹1,800 per sq ft. These projects showcase the diversity of residential offerings available to potential homeowners in the locality.

Explore Property Rates in Top Cities

Mumbai

Avg. Asking Price ₹ 37,700 /Sq.Ft

Govt Registration Rate ₹ 18,300 /Sq.Ft

Navi Mumbai

Avg. Asking Price ₹ 19,000 /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 ₹ 3,650 /Sq.Ft

Chennai

Avg. Asking Price ₹ 9,200 /Sq.Ft

Kolkata

Avg. Asking Price ₹ 6,950 /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 ₹ 5,100 /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 Sep 2026, the average asking price in Bheemili is ₹3,850 per sq ft. This rate has remained stable with a 0% change, indicating a balanced market environment for residential apartments in this locality.

How have property prices in Bheemili trended recently?

The micromarket rates in Bheemili have shown a consistent upward trajectory throughout 2026, rising from ₹5,050 per sq ft in Mar 2026 to ₹5,400 per sq ft in Jun 2026, and further to ₹5,550 per sq ft as of Sep 2026. This steady growth reflects increasing demand and sustained interest in the area's real estate potential.

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

Property prices in Bheemili are currently more accessible compared to several prominent neighbouring areas in Vizag. For instance, Seethammadhara commands a higher average asking price of ₹8,550 per sq ft, which appreciated by 2.05% from Dec 2025 to Sep 2026, while Yendada stands at ₹6,650 per sq ft, having appreciated by 5.98% over the same period. Meanwhile, areas like Bakkannapalem are priced at ₹4,250 per sq ft, which saw a slight depreciation of 0.16% from Dec 2025 to Sep 2026.

What is the price trend for apartments in Bheemili?

Apartments in Bheemili are currently priced at an average of ₹3,850 per sq ft as of Sep 2026. This segment has experienced an appreciation of 1.36% from Dec 2025 to Sep 2026, signalling a positive shift in value for residential apartment buyers in this locality.

Which projects in Bheemili have the highest listing rates?

Among the notable projects in Bheemili, Abhilash Adyssa leads with a current listing rate of ₹4,500 per sq ft as of Sep 2026, maintaining a stable price trend with 0% change. Another project, Blu J Rana, is listed at ₹1,800 per sq ft as of Sep 2026, also reflecting stable pricing with no change recorded during this period.

What should investors know about rental rates in the vicinity of Bheemili?

While specific rental data for Bheemili is limited, neighbouring areas in Vizag provide a benchmark for rental expectations. As of Sep 2026, both Lawsons Bay Colony and Paanduranga Puram command an average rental rate of ₹50 per sq ft, with both markets showing stable trends at 0% change.

How can I interpret the property data for Bheemili to make an informed decision?

To make an informed decision in Bheemili, compare the current average asking price of ₹3,850 per sq ft against the broader micromarket trends and surrounding localities like Yendada or Seethammadhara. By tracking the quarterly price movement—which rose to ₹5,550 per sq ft in the micromarket by Sep 2026—you can gauge whether the locality is currently in a growth phase. Always consider the stability of the project-level rates, such as those seen in Abhilash Adyssa, to understand the premium you might pay for specific developments.