Vizag
The CBM Compound real estate market maintains a steady valuation with an average asking price of ₹6,250 per sq ft for apartments. Local rental demand is supported by neighboring areas like Paanduranga Puram and Lawsons Bay Colony, both of which command rental rates of ₹50 per sq ft. This consistency across the residential landscape highlights the area's ongoing appeal as a mature, high-demand neighborhood within Vizag.
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 that property values in this locality have held steady during the recent period.
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 dip to ₹3,650 per sq ft in March 2026, up from ₹5,450 per sq ft in December 2025, and ₹6,100 per sq ft in September 2025. Such fluctuations suggest a dynamic market environment where buyers should monitor quarterly shifts closely before making investment decisions.
Property rates in CBM Compound, at ₹6,250 per sq ft, are generally higher than many surrounding areas in Vizag. For comparison, Rushikonda currently averages ₹5,850 per sq ft (which appreciated by 5.53% from the previous period), while Yendada and Pothinamallayya Palem are priced at ₹5,950 per sq ft and ₹4,750 per sq ft, respectively. Both Yendada and Pothinamallayya Palem have seen price corrections, depreciating by 9.74% and 5.45% respectively over the observed period.
The average rental rate in prominent nearby localities like 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 benchmark for tenants and landlords looking at residential properties in the vicinity of CBM Compound.
Investors should view the stability in rental rates, currently at ₹50 per sq ft in nearby hubs, alongside the sale price of ₹6,250 per sq ft in CBM Compound to gauge income potential. While sale prices in the broader region have experienced both appreciation and depreciation—such as the 5.53% increase in Rushikonda and the 9.74% decrease in Yendada—the flat rental trends suggest a predictable leasing market. This combination of data helps investors balance capital appreciation expectations with steady rental yields.
Apartments in CBM Compound are currently priced at an average of ₹6,250 per sq ft as of June 2026. This rate has remained unchanged at 0% compared to the previous period, reflecting a stable valuation for residential apartment units in this specific locality.
