Vizag
The real estate landscape in CBM Compound is defined by a consistent average rate of ₹6,250 per sq ft for apartments, maintaining a stable position in the Vizag market. Nearby residential pockets continue to support the broader rental ecosystem, with consistent demand observed in neighbouring areas. This stability provides a clear outlook for both homeowners and potential investors looking for secure assets. Market activity remains focused on established residential units, ensuring that property values remain aligned with regional development standards.
The 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 that property values in this area have held steady over the recent period.
Property prices in CBM Compound, currently at ₹6,250 per sq ft, are generally higher than several surrounding areas. For instance, Boyapalem and Gajuwaka both report an average asking price of ₹3,900 per sq ft, while Pothinamallayya Palem stands at ₹4,750 per sq ft. Meanwhile, Yendada and Rushikonda are closer in pricing, with average asking prices of ₹5,950 per sq ft and ₹5,850 per sq ft, respectively. It is worth noting that while Rushikonda has seen an appreciation of 5.53% compared to the previous period, areas like Yendada and Pothinamallayya Palem have experienced a depreciation of 9.74% and 5.45% respectively over the same timeframe.
Apartments in CBM Compound are currently priced at an average of ₹6,250 per sq ft as of June 2026. This pricing has remained consistent with a 0% change, reflecting a stable market environment for apartment seekers in this locality.
Rental rates in the vicinity of CBM Compound are consistent across key neighbouring areas, with both Paanduranga Puram and Lawsons Bay Colony recording an average rental rate of ₹50 per sq ft as of June 2026. These rates have shown no fluctuation, maintaining a 0% change, which suggests a stable rental market for tenants looking in these specific localities.
A potential investor should view the stability of the average asking price in CBM Compound—currently ₹6,250 per sq ft as of June 2026—as a sign of a mature, steady market. Since the price has seen a 0% change, it suggests that the area is not currently undergoing rapid speculative volatility, which may appeal to long-term investors seeking capital preservation. When evaluating investment potential, it is also useful to compare these sale rates against the rental rates in nearby localities like Paanduranga Puram and Lawsons Bay Colony, which both currently sit at ₹50 per sq ft.
