Vizag
The real estate landscape in CBM Compound is defined by a steady valuation of ₹6,250 per sq ft, reflecting its status as a premium residential hub in Vizag. Market participants currently favor the apartment segment, which maintains this consistent price point. Beyond residential sales, the surrounding rental market shows sustained activity in neighboring areas like Paanduranga Puram and Lawsons Bay Colony, where rental rates average ₹50 per sq ft. This provides a clear picture of an area that balances high-value ownership with a functional rental ecosystem for investors and tenants alike.
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 locality have held steady over the recent period.
Property rates in CBM Compound have shown volatility in the micromarket rate, which stood at ₹5,200 per sq ft in June 2026, compared to ₹3,650 per sq ft in March 2026 and ₹5,450 per sq ft in December 2025. This fluctuating trajectory suggests that buyers and investors should monitor the market closely, as the micromarket rate has not followed a linear path over the last three quarters.
Property rates in CBM Compound, at ₹6,250 per sq ft, are currently higher than many surrounding areas. For comparison, average asking prices in nearby localities include Boyapalem at ₹3,900 per sq ft, Yendada at ₹5,950 per sq ft, Pothinamallayya Palem at ₹4,750 per sq ft, Gajuwaka at ₹3,900 per sq ft, and Rushikonda at ₹5,850 per sq ft. Among these, Rushikonda has shown growth, having appreciated by 5.53% from the previous period, while areas like Yendada and Gajuwaka have seen depreciation of 9.74% and 5.93% respectively.
The average rental rate in prominent nearby localities such as Paanduranga Puram and Lawsons Bay Colony is ₹50 per sq ft as of June 2026. These rental rates have remained stable with a 0% change, providing a consistent baseline for tenants looking for residential options in the vicinity of CBM Compound.
Investors looking at the vicinity of CBM Compound should note that rental rates in nearby established areas like Paanduranga Puram and Lawsons Bay Colony are currently holding steady at ₹50 per sq ft as of June 2026. Since the overall rental yield for the area is not currently available, investors should focus on the stability of these rental rates and compare them against the capital appreciation trends of the specific properties they are considering to determine long-term income potential.
The residential market in CBM Compound is primarily composed of apartments, which command an average asking price of ₹6,250 per sq ft as of June 2026. This pricing has remained flat with a 0% change, reflecting a stable market segment for apartment-style living in this locality.
