New Launch
Under Construction
Ready to Move
Vizag
The Gajuwaka real estate market presents a balanced landscape for residential buyers, with average apartment prices holding steady at ₹3,900 per sq ft. While the market has seen some quarterly fluctuations, the presence of multiple ready-to-move projects ensures immediate housing options for families. Rental activity in the broader Vizag region, particularly in neighboring areas like Paanduranga Puram and Lawsons Bay Colony, remains consistent at ₹50 per sq ft. Investors and homebuyers can leverage this data to identify stable opportunities within the city's growing infrastructure.
As of March 2026, the average asking price in Gajuwaka stands at ₹3,900 per sq ft. This figure reflects a depreciation of 5.93% compared to previous periods, indicating a market adjustment in the locality. Buyers and investors should note that this average represents the broader residential apartment segment in the area.
Property prices in Gajuwaka have shown a mixed trajectory over the last few quarters. According to data from March 2026, the location rate was ₹3,900 per sq ft, following a rate of ₹4,150 per sq ft in December 2025, ₹3,850 per sq ft in September 2025, and ₹3,500 per sq ft in June 2025. This fluctuation suggests that the market is currently navigating a period of price correction after reaching a peak in late 2025.
Property prices in Gajuwaka, currently at ₹3,900 per sq ft, are comparable to those in Boyapalem, which also averages ₹3,900 per sq ft with stable pricing. In contrast, other nearby areas show varying rates: Sujatha Nagar is priced at ₹3,950 per sq ft (having appreciated by 2.99%), Pendurthi is at ₹3,900 per sq ft (having appreciated by 4.44%), Kurmannapalem is at ₹3,550 per sq ft (having appreciated by 1.05%), and Aganampudi is at ₹3,350 per sq ft (having depreciated by 3%).
As of March 2026, villas in Gajuwaka command a premium with an average price of ₹5,350 per sq ft, which has seen a depreciation of 1.98%. Meanwhile, apartments in Gajuwaka are available at an average price of ₹3,900 per sq ft, reflecting a depreciation of 5.93%. This price gap highlights the distinct market positioning of low-density villa projects versus standard apartment complexes in the locality.
Project status significantly influences pricing in Gajuwaka as of March 2026. Ready To Move properties are currently priced at an average of ₹3,350 per sq ft, which has experienced a depreciation of 9.69%. Conversely, both Mid Stage and New Launch projects are priced at ₹3,400 per sq ft, showing a marginal appreciation of 0.39%. These figures suggest that investors and end-users are currently finding more competitive entry points in established ready-to-occupy inventory.
As of March 2026, Sri Nivasam Apartments leads the listings with a rate of ₹3,600 per sq ft, having appreciated by 1.84%. Other notable projects include BVL Aakansha and Novus Florence Village Phase 2, both priced at ₹3,500 per sq ft, with the latter showing a depreciation of 4.88%. Projects such as BV Arcade, Vaibhav Sai Prasanna Enclave, Terra Alpha The Celest, Lakshmi LG Enclave, Terra Alpha The Celest Phase 2, and JBL Royal Residency are all positioned at ₹3,400 per sq ft, with varying performance metrics, while Swarna Plaza is listed at ₹3,350 per sq ft, having appreciated by 0.33%.
While Gajuwaka itself shows specific sale trends, nearby rental markets provide insight into regional demand. As of March 2026, both Paanduranga Puram and Lawsons Bay Colony command an average rental rate of ₹50 per sq ft. These rates have remained stable with 0% change, suggesting a consistent rental demand profile in these established residential pockets of Vizag.
