Vizag
KRM Colony serves as a notable residential hub in Vizag, characterized by a current average asking price of ₹6,150 per sq ft. The surrounding market landscape is quite varied, with nearby areas like Rushikonda showing positive growth trends, while others like Yendada and Madhurawada have experienced price adjustments. Rental demand is consistent across the city, particularly in established neighborhoods where rates are well-supported by infrastructure and connectivity.
As of Jun 2026, the average asking price in KRM Colony stands at ₹6,150 per sq ft. This rate has remained stable with a 0% change, indicating that property values in this locality have held steady over the recent period.
Property rates in KRM Colony have shown a fluctuating trajectory throughout the last four quarters. According to the data, the micromarket rate was ₹6,100 per sq ft in Sep 2025, dipped to ₹5,450 per sq ft by Dec 2025, fell further to ₹3,650 per sq ft in Mar 2026, and recovered to ₹5,200 per sq ft as of Jun 2026. This volatility suggests that buyers should carefully monitor market conditions before finalizing investment decisions.
Property rates in KRM Colony, at ₹6,150 per sq ft, are positioned higher than many surrounding areas. For instance, Yendada currently averages ₹5,950 per sq ft (which depreciated by 9.74% from a previous period), Rushikonda averages ₹5,850 per sq ft (which appreciated by 5.53%), and Pothinamallayya Palem averages ₹4,750 per sq ft (which depreciated by 5.45%). Other nearby areas like Madhurawada and Gajuwaka both average ₹4,850 per sq ft and ₹3,900 per sq ft respectively, with both areas seeing a depreciation of 6.04% and 5.93% respectively over their comparison periods.
Rental rates in the vicinity of KRM Colony show a consistent pattern in select neighbourhoods. As of Jun 2026, both Lawsons Bay Colony and Paanduranga Puram command an average rental rate of ₹50 per sq ft. These rates have remained stable with a 0% change, providing a predictable benchmark for tenants and landlords operating in these specific parts of the city.
