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Property Rates in Chinna Waltair, Vizag
Comprehensive Market Snapshot
Property rates in Chinna Waltair average ₹7,750 per sq ft, showing a slight dip from ₹8,000 per sq ft in the previous quarter. Apartments, the primary residential offering, are priced at this average, reflecting a -2.99% change. Manchukonda Pride stands out as a top project in the vicinity, indicating continued development interest.
- Asking Sale Price₹ 7,750 /sq.ft
Insights for Chinna Waltair, Vizag Real Estate Market
Chinna Waltair's real estate market presents a steady average asking price of ₹7,750 per sq ft, with a minor quarterly decrease from ₹8,000 per sq ft. The micromarket experienced a slight decline in rates, while the overall location rate held firm. The rental market shows potential, with areas like Lawsons Bay Colony and Paanduranga Puram offering average rental rates of ₹50 per sq ft. Apartments are the dominant property type, seeing a marginal decrease in average price. The market features a mix of residential properties, with apartments being the primary focus.
- Apartments in Chinna Waltair are priced at an average of ₹7,750 per sq ft, experiencing a -2.99% change.
- The micromarket rate saw a decrease from ₹6,100 to ₹5,800 per sq ft between Sep 2025 and Jun 2025 quarters.
- Rental rates in nearby Lawsons Bay Colony and Paanduranga Puram average ₹50 per sq ft.
- Manchukonda Pride is highlighted as a top project in Chinna Waltair with a current rate of ₹11,200 per sq ft.
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Property Price Trends in Chinna Waltair, Vizag
Asking Price Trends
The asking price for properties in Chinna Waltair has seen a slight adjustment, currently standing at ₹7,750 per sq ft. This reflects a decrease from the ₹8,000 per sq ft recorded in the June 2025 quarter. The micromarket rate also saw a downward trend, moving from ₹6,100 per sq ft in September 2025 to ₹5,800 per sq ft in June 2025.
Price Trends by Property Type
Apartments represent the primary property type in Chinna Waltair, with an average price of ₹7,750 per sq ft. This segment has experienced a slight decrease of -2.99% in its average price, suggesting a minor correction in this key market segment. No other property types are detailed in the provided data.
Price Trends by Project Status
Price Trends by Localities
Within Chinna Waltair and its surrounding areas, property rates vary significantly. Rushikonda commands an average rate of ₹5,850 per sq ft, showing a positive change of 5.53%. Yendada follows with an average of ₹5,950 per sq ft, though it has seen a decline of -9.74%. Madhurawada is priced at ₹4,850 per sq ft, while Pothinamallayya Palem averages ₹4,750 per sq ft, indicating a softer market in these vicinities.
Project and Developer Insights
Top Projects by Listing Rates
Premium residential projects in Chinna Waltair are setting a high benchmark for property values. Manchukonda Pride, located in the Vizag Central area, is a notable example, currently priced at ₹11,200 per sq ft. This project reflects the upper echelon of property offerings in the region, attracting buyers looking for premium living experiences.
MVV Builders
₹ 67.52 L - ₹ 1.44 Cr
- 37 Projects
Vinayagar Promoters and Builders
₹ 88 L - ₹ 1.72 Cr
- 27 Projects
Vishwanadh Avenues Private Limited
₹ 36.27 L - ₹ 2.73 Cr
- 16 Projects
Abhiram Nirman
₹ 80.83 L - ₹ 1.59 Cr
- 2 Projects
Manchukonda Builder
₹ 1.09 Cr - ₹ 1.09 Cr
- 1 Projects
View More
FAQs about Property Rates in Chinna Waltair, Vizag
How have property prices in Chinna Waltair, Vizag, trended over the past year?
Property prices in Chinna Waltair, Vizag, have shown some fluctuation over the past year. The micromarket rate was ₹3,650 per sq ft in March 2026, down from ₹5,450 per sq ft in December 2025, indicating a depreciation of approximately 33.03%. Prior to that, the micromarket rate appreciated by about 5.17% from September 2025 to December 2025, moving from ₹6,100 to ₹5,450 per sq ft. The location rate was ₹7,750 per sq ft in September 2025, which depreciated by 3.13% to ₹7,500 per sq ft by June 2025, showing a mixed trend across different periods.
How do property rates in Chinna Waltair compare to nearby micromarkets in Vizag as of March 2026?
As of March 2026, Chinna Waltair's average asking price is ₹7,750 per sq ft. Nearby micromarkets show varied price points: Rushikonda is priced at ₹5,850 per sq ft, having appreciated by 5.53%; Yendada is at ₹5,950 per sq ft, with a depreciation of 9.74%; and Kommadi is at ₹5,200 per sq ft, showing an appreciation of 6.42%. Boyapalem and Gajuwaka are priced lower at ₹3,900 per sq ft, with Gajuwaka depreciating by 5.93% and Boyapalem showing no change. Pothinamallayya Palem is at ₹4,750 per sq ft, down 5.45%, and Madhurawada is at ₹4,850 per sq ft, depreciating by 6.04%. This indicates that Chinna Waltair is positioned at a higher price point compared to many surrounding areas.
What is the average price for apartments in Chinna Waltair, Vizag, and what has been the recent price trend for this property type?
The average price for apartments in Chinna Waltair, Vizag, was ₹7,750 per sq ft as of March 2026. This represents a depreciation of 2.99% from the previous period. This downward trend in apartment prices suggests a potential market correction or increased supply impacting the average asking rate for this property type.
How do rental rates vary across different neighborhoods near Chinna Waltair, Vizag?
In the vicinity of Chinna Waltair, Vizag, rental rates vary by locality. Lawsons Bay Colony and Paanduranga Puram both show an average rental rate of ₹50 per sq ft as of March 2026, with no reported change in these rates. This suggests a consistent rental market in these specific areas, offering comparable rental values for properties.
What do the property price trends in Chinna Waltair, Vizag, suggest for potential investors versus end-users as of March 2026?
As of March 2026, the property price trend in Chinna Waltair, Vizag, shows a mixed picture. While the overall average asking price has remained stable (0% change), the micromarket rate has seen a significant depreciation from ₹5,450 per sq ft in December 2025 to ₹3,650 per sq ft in March 2026. This depreciation might present an opportunity for end-users looking for potentially lower entry points, while investors might need to carefully assess the reasons behind the micromarket decline before committing capital, considering the stability in the broader average asking price.
How does the average asking price in Chinna Waltair compare to its micromarket rates over the past year?
The average asking price in Chinna Waltair has remained stable at ₹7,750 per sq ft as of March 2026, showing no change. In contrast, the micromarket rate has fluctuated significantly, decreasing from ₹6,100 per sq ft in September 2025 to ₹3,650 per sq ft in March 2026. This divergence suggests that while the overall perception of property value in Chinna Waltair is steady, the actual transaction-level pricing within its sub-markets has experienced considerable downward pressure.
