Vizag
KRM Colony functions as a key residential pocket within Vizag, characterized by a stable asking price of ₹6,150 per sq ft. The surrounding micromarkets exhibit varied price dynamics, with Rushikonda showing a positive trend of 5.53%, while areas like Yendada, Pothinamallayya Palem, and Madhurawada reflect recent price corrections. Rental activity in the vicinity is consistent, supported by average rates of ₹50 per sq ft in established residential hubs. This interplay between established capital values and steady rental demand helps buyers assess the long-term potential of the locality.
The current 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 significant volatility over the past year. As of June 2026, the micromarket rate stands at ₹5,200 per sq ft, reflecting a recovery from the ₹3,650 per sq ft recorded in March 2026, following a dip from ₹5,450 per sq ft in December 2025 and ₹6,100 per sq ft in September 2025.
Property rates in KRM Colony, at ₹6,150 per sq ft, are generally higher than many surrounding areas. For comparison, Yendada currently averages ₹5,950 per sq ft (which depreciated by 9.74% from the previous period), Rushikonda averages ₹5,850 per sq ft (which appreciated by 5.53%), Pothinamallayya Palem averages ₹4,750 per sq ft (depreciated by 5.45%), Madhurawada averages ₹4,850 per sq ft (depreciated by 6.04%), and Boyapalem averages ₹3,900 per sq ft with stable pricing.
Rental rates in the vicinity of KRM Colony show consistent pricing across 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, with both areas maintaining stable rental values at a 0% change compared to the previous period.
Investors looking at the rental market near KRM Colony should note the stable rental benchmark of ₹50 per sq ft found in both Lawsons Bay Colony and Paanduranga Puram as of June 2026. Since these rates have remained flat with a 0% change, they suggest a consistent demand profile for rental properties in these established localities, providing a predictable baseline for potential landlords.
