Vizag
Lawsons Bay Colony remains a premium residential destination in Vizag, characterized by an average asking price of ₹7,950 per sq ft. The market demonstrates steady activity, particularly within the apartment segment, which has seen a slight upward trend. Rental demand is equally robust, with 3 BHK apartments commanding an average monthly rent of ₹32,400. Local housing options are supported by a well-connected infrastructure that attracts consistent interest from families and professionals alike.
As of Sep 2026, the average asking price in Lawsons Bay Colony stands at ₹7,950 per sq ft. This rate has remained stable with a 0% change, indicating a consistent price environment for residential apartments in the area during the observed period.
Property prices in Lawsons Bay Colony, at ₹7,950 per sq ft, are positioned at a premium compared to several surrounding areas. For instance, neighbourhoods such as Akkayyapalem at ₹6,650 per sq ft, Yendada at ₹6,250 per sq ft, and Madhurawada at ₹5,250 per sq ft offer lower entry points. Conversely, Seethammadhara remains slightly higher at ₹8,350 per sq ft. These variations reflect the diverse real estate landscape in Vizag, where proximity to central hubs and infrastructure significantly influences local pricing.
The apartment market in Lawsons Bay Colony has shown steady performance, with the average price for apartments currently at ₹7,950 per sq ft as of Sep 2026. This reflects a marginal appreciation of 0.39% compared to previous tracking periods, suggesting a resilient demand for residential units in this locality.
As of Sep 2026, the typical monthly rent for a 3 BHK apartment in Lawsons Bay Colony is approximately ₹32,400 per month. This figure provides a baseline for tenants looking for spacious residential options in the area, reflecting the current rental market valuation for larger family-sized units.
Key projects in Lawsons Bay Colony, such as MVV Gardens and Madhuri Palace, are prominent in the rental market. As of Sep 2026, MVV Gardens features a current rental rate of ₹15 per sq ft, while Madhuri Palace is at ₹14 per sq ft. Both projects have maintained stable rental pricing with a 0% change, reflecting a consistent demand for established residential developments in this locality.
Apartments in Lawsons Bay Colony currently command an average rental rate of ₹50 per sq ft as of Sep 2026, which has remained stable with a 0% change. When compared to neighbouring Paanduranga Puram, which also records an average rental rate of ₹50 per sq ft, it is evident that both localities maintain a similar rental benchmark, providing consistent value for tenants seeking residential space in this part of Vizag.
The 0% change in the average asking price of ₹7,950 per sq ft in Lawsons Bay Colony as of Sep 2026 indicates a period of market equilibrium. For buyers, this stability often signals a mature market where property values are well-established, offering a predictable environment for long-term investment without the volatility of rapid price fluctuations.
