Vizag
KRM Colony serves as a stable residential hub within the broader Vizag real estate market. The current asking price of ₹6,150 per sq ft reflects a steady valuation, positioning it as a mid-tier option for prospective homeowners. Surrounding micromarkets show varied momentum, with Madhurawada experiencing a strong 8.12% growth and Yendada following with a 5.06% increase. Rental activity remains consistent in prime pockets like Lawsons Bay Colony and Paanduranga Puram, both averaging ₹50 per sq ft.
The average asking price in KRM Colony is ₹6,150 per sq ft as of June 2026. This rate has remained stable with a 0% change, indicating a period of price equilibrium in the local residential apartment market.
Property rates in KRM Colony have shown volatility throughout the recent quarters, with the micromarket rate recorded at ₹5,250 per sq ft in June 2026. This follows a dip to ₹3,650 per sq ft in March 2026, a rise to ₹5,450 per sq ft in December 2025, and ₹6,100 per sq ft in September 2025. These fluctuations suggest a dynamic market environment where buyers and investors should monitor quarterly shifts closely before finalizing decisions.
Property rates in KRM Colony, currently at ₹6,150 per sq ft, sit in the mid-to-high range when compared to surrounding areas in Vizag. For instance, Seethammadhara commands a higher average asking price of ₹8,350 per sq ft, while more affordable options are available in areas like Boyapalem at ₹3,900 per sq ft and Bakkannapalem at ₹4,250 per sq ft. Other notable neighbourhoods include Mvp Colony at ₹7,900 per sq ft and Akkayyapalem at ₹6,650 per sq ft, all of which have maintained stable pricing with 0% change.
Among the surrounding neighbourhoods, Madhurawada has experienced the most notable growth, with the average asking price appreciating by 8.12% to reach ₹5,250 per sq ft as of June 2026. Yendada also showed strong performance, with its average asking price appreciating by 5.06% to reach ₹6,250 per sq ft. Conversely, Boyapalem saw a depreciation of 0.31%, bringing its average asking price to ₹3,900 per sq ft, reflecting a slight market correction in that specific pocket.
Rental rates in the vicinity of KRM Colony show consistent pricing in key residential pockets. Both Lawsons Bay Colony and Paanduranga Puram currently command an average rental rate of ₹50 per sq ft as of June 2026. These rates have remained stable with a 0% change, providing a predictable baseline for tenants and landlords looking at these specific areas.
Investors should note that while specific rental yields are currently unavailable for KRM Colony, the rental market in nearby established areas like Lawsons Bay Colony and Paanduranga Puram is anchored at ₹50 per sq ft. Since the average asking price in KRM Colony is ₹6,150 per sq ft, investors can use these rental benchmarks to estimate potential gross rental income relative to their capital investment. Given the price stability observed in these rental hubs, the market currently favors long-term holding strategies over short-term speculative gains.
