Vizag
The Gajuwaka real estate market presents a balanced landscape for investors and end-users, characterized by steady price appreciation and a healthy mix of residential property types. While the area maintains an average asking price of ₹3,900 per sq ft, specific localities such as Sujatha Nagar and Pendurthi have shown strong upward momentum, with values rising by 2.99% and 4.44% respectively. Rental activity remains active in surrounding areas like Paanduranga Puram, where rates hover around ₹50 per sq ft.
The average asking price in Gajuwaka is ₹3,900 per sq ft as of June 2026. This figure reflects a depreciation of 5.93% compared to the previous period, indicating a market adjustment in the area's residential property segment.
Property prices in Gajuwaka have shown a mixed trajectory leading up to June 2026. As of June 2026, the location rate stands at ₹3,950 per sq ft, up from ₹3,900 per sq ft in March 2026, suggesting a slight recovery in demand after the dip seen in December 2025, when the rate was ₹4,150 per sq ft.
Property prices in Gajuwaka vary significantly when compared to surrounding areas as of June 2026. For instance, Sujatha Nagar and Pendurthi both command an average asking price of ₹3,950 per sq ft and ₹3,900 per sq ft respectively, with Pendurthi showing a notable appreciation of 4.44%. In contrast, Aganampudi is priced at ₹3,350 per sq ft, which reflects a depreciation of 3.0% compared to the prior period.
As of June 2026, villas in Gajuwaka are priced at an average of ₹5,350 per sq ft, having depreciated by 1.98% over the analyzed period. Meanwhile, apartments are more accessible with an average asking price of ₹3,950 per sq ft, which has seen an appreciation of 1.49%.
Property rates in Gajuwaka are influenced by project status, with Ready To Move units currently averaging ₹3,350 per sq ft as of June 2026, reflecting a depreciation of 9.69% compared to the previous period. Conversely, New Launch and Mid Stage projects are priced at ₹3,400 per sq ft, showing a stable appreciation of 0.39%.
As of June 2026, Sri Nivasam Apartments leads with a listing rate of ₹3,600 per sq ft, having appreciated by 1.84%. Other prominent projects include BVL Aakansha and Novus Florence Village Phase 2, both listed at ₹3,500 per sq ft, though the latter has experienced a depreciation of 4.88%.
The rental market in the vicinity of Gajuwaka shows specific pockets of activity, such as Paanduranga Puram, where the average rental rate is ₹50 per sq ft as of June 2026. This rate has remained stable with a 0% change, indicating a consistent rental environment for tenants in that specific neighbourhood.
Investors should view the June 2026 data for Gajuwaka as a signal of a maturing market with distinct price points based on property type and status. With the average asking price at ₹3,900 per sq ft and specific segments like apartments showing appreciation, buyers can use these trends to identify value, particularly by comparing the higher-priced villa segment against the more stable apartment market.
