Vizag
The real estate market in CBM Compound remains a focal point for residential buyers in Vizag, with current average rates holding steady at ₹6,250 per sq ft. This stability provides a predictable environment for those looking to invest in apartment living, where the cost of entry has shown no major fluctuations in the recent quarter. Rental demand in the broader vicinity is supported by steady rates in neighboring pockets like Paanduranga Puram and Lawsons Bay Colony.
The current average asking price in CBM Compound is ₹6,250 per sq ft as of June 2026. This rate has remained stable with a 0% change, indicating a period of price consistency in the local residential apartment market.
Property price trends in CBM Compound have shown volatility over the past few quarters, with the micromarket rate recorded at ₹5,200 per sq ft in June 2026. This follows a fluctuation from ₹3,650 per sq ft in March 2026, ₹5,450 per sq ft in December 2025, and ₹6,100 per sq ft in September 2025. These shifts suggest that buyers and investors should monitor the market closely as pricing adjusts to changing demand and supply dynamics.
CBM Compound, with an average asking price of ₹6,250 per sq ft as of June 2026, generally commands a premium compared to several surrounding areas. For instance, neighbouring localities like Yendada and Rushikonda are priced at ₹5,950 per sq ft and ₹5,850 per sq ft respectively, while areas like Boyapalem and Gajuwaka offer more accessible entry points at ₹3,900 per sq ft. These variations highlight the distinct value proposition of CBM Compound for those seeking a central or premium residential address.
In Yendada, the average asking price is ₹5,950 per sq ft as of June 2026, which reflects a depreciation of 9.74% compared to the previous period. Conversely, Rushikonda has seen an appreciation of 5.53% during the same timeframe, bringing its average asking price to ₹5,850 per sq ft as of June 2026. These contrasting trends demonstrate how different micromarkets in the region are reacting uniquely to current market conditions.
The average rental rate in nearby localities such as Paanduranga Puram and Lawsons Bay Colony is ₹50 per sq ft as of June 2026. Both of these areas have maintained stable rental pricing with a 0% change, suggesting a consistent demand for rental properties in these established residential neighbourhoods.
Investors looking at the rental market near CBM Compound should note that established areas like Paanduranga Puram and Lawsons Bay Colony currently offer a steady rental rate of ₹50 per sq ft as of June 2026. Since these rates have remained stable with a 0% change, they provide a predictable income baseline for landlords. While rental yield data is currently unavailable, the consistency in rental pricing indicates a stable tenant base in these prime Vizag locations.
The residential market in CBM Compound is primarily focused on apartments, which command an average asking price of ₹6,250 per sq ft as of June 2026. This pricing has remained stable with a 0% change, reflecting the steady demand for apartment-style living in this specific locality.
Buyers can use the property rate data for CBM Compound to benchmark current asking prices against historical trends and neighbouring localities. With a current average of ₹6,250 per sq ft as of June 2026 and a clear view of how nearby areas like Pothinamallayya Palem (₹4,750 per sq ft) and Gajuwaka (₹3,900 per sq ft) are priced, potential residents can better assess the value of their investment. Always consider the price trajectory over the last few quarters to understand if the market is currently in a phase of growth or correction.
