Vizag
CBM Compound maintains a steady residential market with an average asking price of ₹6,250 per sq ft. The area benefits from its proximity to key established neighborhoods, creating a consistent demand cycle for apartment-style living. Rental activity in the vicinity remains active, with nearby areas like Paanduranga Puram and Lawsons Bay Colony both recording average rental rates of ₹50 per sq ft. This rental consistency highlights the area's appeal for both long-term residents and potential tenants looking for well-connected locations in Vizag.
The average asking price in CBM Compound is ₹6,250 per sq ft as of June 2026. This rate has remained stable, showing a 0% change, which indicates a period of price consistency in the local residential apartment market.
Property prices in the CBM Compound micromarket have shown a fluctuating trajectory throughout the recent quarters. As of June 2026, the micromarket rate stands at ₹5,250 per sq ft, following a significant recovery from the ₹3,650 per sq ft recorded in March 2026. Prior to this, the rate was ₹5,450 per sq ft in December 2025 and ₹6,100 per sq ft in September 2025, reflecting a dynamic market environment for local property seekers.
Property rates in CBM Compound, currently at ₹6,250 per sq ft, sit in the mid-range when compared to other popular areas in Vizag. For instance, Seethammadhara commands a higher average of ₹8,350 per sq ft, while MVP Colony is priced at ₹7,900 per sq ft. Conversely, more affordable options are available in areas like Gajuwaka at ₹3,950 per sq ft and Boyapalem at ₹3,900 per sq ft, the latter of which saw a depreciation of 0.31%.
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% over the recent period, offering price stability for prospective buyers looking for residential apartment units in this specific locality.
Rental rates in the vicinity of CBM Compound are consistent across key neighbouring localities. As of June 2026, both Paanduranga Puram and Lawsons Bay Colony command an average rental rate of ₹50 per sq ft. These rates have remained stable with a 0% change, providing a predictable baseline for tenants and landlords operating in these areas.
Investors should note that while specific rental yield data for CBM Compound is currently unavailable, the surrounding areas like Paanduranga Puram and Lawsons Bay Colony maintain a steady rental rate of ₹50 per sq ft as of June 2026. This stability suggests a consistent demand for rental housing in the broader region. Prospective investors should weigh these rental figures against the capital appreciation potential and the current sale price of ₹6,250 per sq ft in CBM Compound to evaluate the long-term income potential of their assets.
Yes, while many areas have seen stable pricing, some nearby localities have experienced shifts as of June 2026. Yendada has shown strong growth, with rates appreciating by 5.06%, while Pothinamallayya Palem saw an appreciation of 1.82%. In contrast, Boyapalem experienced a depreciation of 0.31% compared to the previous period, highlighting that price movements can vary significantly even within the same city geography.
