Vizag
Lawsons Bay Colony maintains a strong residential market, with average asking prices holding steady at ₹7,950 per sq ft. This consistent pricing reflects a mature neighborhood where demand remains resilient, particularly for well-appointed apartments. The rental segment adds another layer to the local economy, with an average rental rate of ₹15 per sq ft and yields that offer a stable return for property owners. Local developments like MVV Gardens and Madhuri Palace continue to anchor the area's appeal for long-term residents.
As of March 2026, the average asking price in Lawsons Bay Colony stands at ₹7,950 per sq ft. This rate has remained stable, showing a 0% change compared to the previous period, which indicates a period of price consolidation in the local residential market.
The property price trend in Lawsons Bay Colony has shown stability, with the average asking price holding at ₹7,950 per sq ft as of March 2026. Looking back at the quarterly data, the location rate remained consistent at ₹7,950 per sq ft in December 2025 and ₹7,900 per sq ft in September 2025, reflecting a steady market trajectory for potential buyers and investors.
Property rates in Lawsons Bay Colony, currently at ₹7,950 per sq ft as of March 2026, are generally higher than several surrounding areas in Vizag. For instance, Yendada has an average rate of ₹5,950 per sq ft (which depreciated by 9.74% from June 2025 to March 2026), while Rushikonda stands at ₹5,850 per sq ft (having appreciated by 5.53% over the same period). Other nearby areas like Madhurawada at ₹4,850 per sq ft and Gajuwaka at ₹3,900 per sq ft offer more accessible entry points compared to the premium positioning of Lawsons Bay Colony.
As of March 2026, the average rental rate in Lawsons Bay Colony is ₹15 per sq ft, with the market showing stable rental trends as indicated by a 0% change. The locality currently offers a rental yield of 2.26%, a metric that helps investors gauge the potential annual income relative to the property's purchase price. This yield provides a baseline for those evaluating the locality for long-term rental income potential versus capital appreciation.
In Lawsons Bay Colony, the rental market is characterized by specific demand for larger units, with 3 BHK apartments currently commanding an average rent of ₹32,400 per month as of March 2026. Additionally, the broader apartment segment across the locality maintains an average rental rate of ₹50 per sq ft, which has remained stable with a 0% change, suggesting consistent demand for residential rental spaces in this area.
The top projects for rentals in Lawsons Bay Colony include MVV Gardens and Madhuri Palace, both of which feature an average rental rate of ₹50 per sq ft as of March 2026. While their current rental rates are listed at ₹15 per sq ft and ₹14 per sq ft respectively, these projects remain prominent choices for tenants, with their rental pricing having remained stable at 0% change, reflecting a steady rental market within these specific developments.
Apartments are the primary residential property type in Lawsons Bay Colony, with an average asking price of ₹7,950 per sq ft as of March 2026. This segment has shown slight growth, having appreciated by 0.39% compared to the previous period, signaling a resilient demand for apartment-style living in this specific locality.
Investors should view the current average asking price of ₹7,950 per sq ft as of March 2026 alongside the rental yield of 2.26% to assess the balance between capital investment and recurring income. Since the market has shown price stability with a 0% change in the overall asking price, it may appeal more to long-term investors looking for steady value rather than short-term speculative gains. Comparing these figures against the varying rates in nearby neighbourhoods like Yendada or Rushikonda can further help in identifying value-for-money opportunities within the broader Vizag market.
