Vizag
The real estate landscape in KRM Colony reflects a stable market environment characterized by established pricing and diverse residential choices. Buyers have access to a range of properties, with nearby localities providing varying price points that cater to different investment goals. Rental demand is anchored by well-connected areas, ensuring a reliable stream of interest for property owners. The broader Vizag region continues to influence local trends, providing a balanced outlook for both end-users and investors.
The average asking price in KRM Colony is ₹6,150 per sq ft as of June 2026. This rate has remained stable, showing 0% change, which indicates a period of price consolidation in the local residential apartment market.
Property prices in KRM Colony have shown a volatile trajectory over the past few quarters, with the micromarket rate reaching ₹5,200 per sq ft as of June 2026. This follows a dip to ₹3,650 per sq ft in March 2026, a value of ₹5,450 per sq ft in December 2025, and ₹6,100 per sq ft in September 2025. Such fluctuations suggest that buyers should closely monitor local demand and supply shifts before finalizing investment decisions.
Property prices in KRM Colony, currently at ₹6,150 per sq ft, are generally higher than several surrounding neighbourhoods. For comparison, average asking prices in nearby areas include ₹5,950 per sq ft in Yendada, ₹5,850 per sq ft in Rushikonda, ₹5,200 per sq ft in Kommadi, ₹4,850 per sq ft in Madhurawada, ₹4,750 per sq ft in Pothinamallayya Palem, and ₹3,900 per sq ft in both Boyapalem and Gajuwaka as of June 2026.
Among the areas surrounding KRM Colony, Kommadi and Rushikonda have demonstrated positive growth, with average asking prices appreciating by 6.42% and 5.53% respectively from the previous reporting period to June 2026. Conversely, Yendada, Madhurawada, Pothinamallayya Palem, and Gajuwaka have experienced depreciation, with rates falling by 9.74%, 6.04%, 5.45%, and 5.93% respectively over the same timeframe.
Rental rates in the vicinity of KRM Colony are currently consistent across key established neighbourhoods. As of June 2026, both Lawsons Bay Colony and Paanduranga Puram command an average rental rate of ₹50 per sq ft. These rates have remained stable with 0% change, reflecting a steady rental environment in these specific localities.
