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Property Rates in Boyapalem, Vizag
Comprehensive Market Snapshot
- Asking Sale Price₹ 3,921 /sq.ft
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Property Price Trends in Boyapalem, Vizag
Asking Price Trends
The property market in Boyapalem is experiencing a shift in asking prices, with projections indicating a decrease in the coming quarters. The location's average rate is expected to settle at ₹3,921 per sq ft by March 2026. This follows a period of fluctuation, with September 2025 rates at ₹3,996 and June 2025 at ₹4,585 per sq ft. Meanwhile, the micromarket rate is also forecast to trend downwards, reaching ₹3,673 per sq ft by March 2026.
Price Trends by Property Type
In Boyapalem, the property market is primarily characterized by apartments, which currently average ₹3,921 per sq ft. This segment has experienced a slight dip of -1.88% in the last quarter, indicating a minor adjustment in pricing. No other property types are detailed in the provided data for Boyapalem.
Price Trends by Project Status
Boyapalem's property market currently shows no active listings for properties that are Ready To Move or in the Mid Stage of construction. This suggests a focus on other development phases or a gap in currently available inventory for these specific statuses within the provided data.
Price Trends by Localities
Boyapalem's real estate landscape features several surrounding areas with varying property rates. Railway New Colony offers properties averaging ₹5,760 per sq ft, while Kancharapalem is priced at ₹6,210 per sq ft. Akkayyapalem stands at ₹6,199 per sq ft, and Madhavadhara is slightly higher at ₹6,400 per sq ft. Seethammadhara represents a premium segment with an average rate of ₹9,567 per sq ft. Other notable areas include Cbm Compound at ₹6,227 per sq ft, Murali Nagar at ₹7,805 per sq ft, Krm Colony at ₹6,156 per sq ft, Maharani Peta at ₹6,826 per sq ft, and Maddilapalem at ₹7,232 per sq ft.
Project and Developer Insights
Top Projects by Listing Rates
Within Boyapalem, Abhilash Yaksha Square emerges as a prominent project with an asking rate of ₹4,663 per sq ft, reflecting a positive change of 0.11%. Midhun and Jai G R Bhavanam is also listed, priced significantly lower at ₹2,700 per sq ft, though it has seen a substantial decrease of -29.8%. These projects represent different price points and market dynamics within the locality.
Abhilash Constructions Pvt Ltd
₹ 29.29 L - ₹ 88.66 L
- 5 Projects
Midhun And Jai Infra
₹ 31.05 L - ₹ 31.05 L
- 1 Projects
FAQs about Property Rates in Boyapalem, Vizag
What is the average asking price in Boyapalem, Vizag as of March 2026?
As of March 2026, the average asking price in Boyapalem, Vizag stands at ₹3,921 per sq ft. This rate has remained stable over the period, showing a change percentage of 0% from the previous reporting period. The Government Registration Rate in Boyapalem is currently ₹0 per sq ft, indicating a significant difference between asking prices and official valuation rates.
How have property prices in Boyapalem, Vizag trended over the past year?
Property prices in Boyapalem, Vizag have seen fluctuations over the past year. As of March 2026, the average asking price was ₹3,921 per sq ft. This represents a decrease from ₹4,585 per sq ft in June 2025 and ₹3,996 per sq ft in September 2025. However, it is higher than the ₹0 per sq ft recorded in December 2025, suggesting a mixed trend with a recent stabilization. The micromarket rate also showed a downward trend from June 2025 to March 2026, moving from ₹5,822 per sq ft to ₹3,673 per sq ft.
How do property rates vary across different neighborhoods within Boyapalem, Vizag?
Property rates vary significantly across neighborhoods within Boyapalem, Vizag. As of March 2026, Seethammadhara shows the highest average rate at ₹9,567 per sq ft, followed by Murali Nagar at ₹7,805 per sq ft and Maddilapalem at ₹7,232 per sq ft. In contrast, Railway New Colony has a lower average rate of ₹5,760 per sq ft, and Kancharapalem is at ₹6,210 per sq ft. These differences highlight distinct pricing dynamics across these localities.
What is the average price for apartments in Boyapalem, Vizag as of March 2026?
As of March 2026, the average price for apartments in Boyapalem, Vizag is ₹3,921 per sq ft. This segment has experienced a slight depreciation of 1.88% from the previous period. The current apartment rate aligns with the overall average asking price for Boyapalem, suggesting apartments are the primary property type influencing the locality's overall pricing.
What are the property rates for Ready To Move and Under Construction properties in Boyapalem, Vizag?
As of March 2026, there are no available listings or pricing data for 'Ready To Move' or 'Mid Stage' properties in Boyapalem, Vizag, with both categories showing an average price of ₹0 per sq ft and zero units. This indicates a current market focus on other property statuses or a lack of available inventory for these specific segments in the provided data.
Which projects in Boyapalem, Vizag have the highest listing rates as of March 2026?
As of March 2026, Abhilash Yaksha Square in Boyapalem, Vizag has the highest listing rate at ₹4,663 per sq ft, showing a slight appreciation of 0.11%. In contrast, Midhun and Jai G R Bhavanam in the same locality has a significantly lower listing rate of ₹2,700 per sq ft, experiencing a substantial depreciation of 29.8%. These figures suggest a wide disparity in premium positioning among projects within Boyapalem.
What are the rental rates in nearby areas like Paanduranga Puram and Lawsons Bay Colony as of March 2026?
As of March 2026, rental rates in areas near Boyapalem, Vizag show variation. Paanduranga Puram has an average rental rate of ₹17 per sq ft, with no change reported. Lawsons Bay Colony offers rentals at ₹15 per sq ft, also with no reported change. These rates indicate the typical monthly rental cost per square foot in these specific localities.
What is the overall average rental rate and rental yield in Boyapalem, Vizag?
As of March 2026, the average rental rate in Boyapalem, Vizag is ₹0 per sq ft, and the rental yield is reported as 'NA' (Not Available). This suggests that current rental market data for Boyapalem itself is limited or not yet established in the dataset, making it difficult to assess income potential for property investors based on rental returns.
