Property Rates in Lawsons Bay Colony, Vizag

The real estate market in Lawsons Bay Colony primarily features apartments, which are currently priced at an average of ₹7,933 per sq ft. This property segment has experienced a modest yet positive change of 0.39%, indicating a stable and appreciating market for residential units.

Lawsons Bay Colony commands an average rate of ₹7,933 per sq ft, positioning it competitively within Vizag. It stands at a premium compared to Chinna Waltair, which averages ₹7,758 per sq ft, and Pedda Waltair, priced at ₹6,884 per sq ft. However, some neighboring areas like MVP Colony and Kirlampudi Layout feature slightly higher rates, at ₹8,348 per sq ft and ₹8,343 per sq ft respectively, while Seethammadhara leads with a significant ₹9,567 per sq ft. Notably, Maddilapalem has experienced a substantial 27.17% increase, now averaging ₹7,232 per sq ft, indicating strong growth in that specific micro-market.

For those seeking rental accommodations in Lawsons Bay Colony, 3 BHK apartments are a prominent option within the residential segment. These units typically command an average rent of ₹32,400 per month, reflecting consistent demand for spacious living arrangements.

Lawsons Bay Colony itself offers an average rental rate of ₹15 per sq ft for properties. When looking at nearby areas, Paanduranga Puram presents a slightly higher average rental rate of ₹17 per sq ft, indicating varying rental market dynamics across these adjacent localities.

In Lawsons Bay Colony's rental market, apartments are the primary property type available for rent, with an average rental rate of ₹15 per sq ft. This rate has remained stable, showing no change in the recent period.