Vizag
The real estate landscape in CBM Compound is characterized by stable pricing and a strategic location that anchors property values in the heart of Vizag. Investors and homeowners find the area attractive due to its proximity to key city infrastructure, which supports a consistent demand for residential units. The surrounding localities provide a diverse range of price points, from the accessible entry-level options in Boyapalem to the premium residential segments in Seethammadhara. Rental activity in the immediate vicinity is well-supported by stable rates, reflecting the area's ongoing desirability for both long-term residents and tenants.
As of September 2026, the average asking price in CBM Compound is ₹6,250 per sq ft. This rate has remained stable with a 0% change, indicating a period of price consolidation in the local residential apartment market.
The micromarket rate in CBM Compound has experienced fluctuations throughout 2026, moving from ₹5,450 per sq ft in December 2025 to ₹3,650 per sq ft in March 2026, before rising to ₹5,250 per sq ft in June 2026 and settling at ₹5,100 per sq ft as of September 2026. These shifts reflect the dynamic nature of the local market, where supply and demand variables continue to influence pricing trajectories quarter-over-quarter.
Property rates in CBM Compound, currently at ₹6,250 per sq ft, sit in the mid-to-high range when compared to surrounding areas in Vizag. For instance, Seethammadhara commands a higher average of ₹8,550 per sq ft, having appreciated by 2.05% recently, while more affordable options like Boyapalem are priced at ₹3,950 per sq ft, showing a 0.82% appreciation. Other nearby localities like Akkayyapalem are priced at ₹6,550 per sq ft, though this area saw a 1.21% depreciation, highlighting the diverse investment landscape across the city.
Rental rates in the vicinity of CBM Compound are currently stable at ₹50 per sq ft in both Paanduranga Puram and Lawsons Bay Colony as of September 2026. Both of these localities have recorded a 0% change in rental values, suggesting a consistent and predictable rental market for tenants and property owners in these specific pockets of Vizag.
The rental data for areas near CBM Compound, such as Paanduranga Puram and Lawsons Bay Colony, shows a uniform rental rate of ₹50 per sq ft as of September 2026. Because these rates have remained unchanged, they provide a stable benchmark for landlords and tenants looking to enter the rental market. Investors should note that while these figures provide a clear baseline, they should also consider the broader capital appreciation trends in the city when evaluating the overall return on investment for residential properties.
Apartments in CBM Compound are currently priced at an average of ₹6,250 per sq ft as of September 2026. This pricing has remained stable with a 0% change, reflecting a steady market segment for apartment-style living in this locality.
