Vizag
The real estate market in CBM Compound demonstrates a stable pricing environment, currently holding at an average of ₹6,250 per sq ft. This consistent valuation is supported by a steady demand for residential apartments, which serve as the primary property type in the area. Rental activity in the surrounding vicinity also shows a balanced landscape, with key neighborhoods maintaining a steady rental benchmark. Market participants often look to these established patterns to gauge long-term stability in the region.
As of March 2026, the average asking price in CBM Compound stands at ₹6,250 per sq ft. This rate has remained stable with a 0% change, indicating a period of price consistency in the local residential apartment market.
The price trend in CBM Compound has shown significant volatility in the broader micromarket, which recorded an average rate of ₹3,650 per sq ft as of March 2026. This reflects a notable shift from the ₹5,450 per sq ft recorded in December 2025, suggesting a period of market adjustment in the surrounding area.
Property rates in CBM Compound, currently at ₹6,250 per sq ft as of March 2026, are generally higher than many surrounding areas in Vizag. For instance, Yendada has an average rate of ₹5,950 per sq ft (which depreciated by 9.74% from June 2025 to March 2026), while Rushikonda is priced at ₹5,850 per sq ft, having appreciated by 5.53% over the same period. Other nearby areas like Madhurawada and Pothinamallayya Palem are currently priced at ₹4,850 per sq ft and ₹4,750 per sq ft, respectively.
As of March 2026, the average asking price for apartments in CBM Compound is ₹6,250 per sq ft. This valuation has remained stable with a 0% change, providing a predictable pricing environment for prospective buyers looking for residential apartment units in this locality.
Rental rates in the vicinity of CBM Compound are consistent across key neighbouring localities as of March 2026. Both Paanduranga Puram and Lawsons Bay Colony currently command an average rental rate of ₹50 per sq ft. These rates have remained stable with a 0% change, indicating a steady rental market for tenants and landlords in these specific parts of Vizag.
Investors should note that while specific rental yield data for CBM Compound is currently unavailable, the rental market in nearby areas like Paanduranga Puram and Lawsons Bay Colony is stable at ₹50 per sq ft as of March 2026. Because the average asking price in CBM Compound is ₹6,250 per sq ft, investors should carefully weigh this capital entry cost against the prevailing rental income potential in the surrounding micro-markets to determine the long-term viability of their investment.
You can use this data to benchmark the asking price of ₹6,250 per sq ft in CBM Compound against your budget and compare it with the performance of nearby localities. By observing that rates in CBM Compound have remained stable (0% change) as of March 2026, you can assess whether the current market environment aligns with your financial goals, whether you are seeking a stable asset or comparing it against more volatile markets like Yendada or Madhurawada.
