Maddilapalem in Vizag presents an active property market, with the current average asking price standing at ₹7,232 per sq ft. This prominent locality has experienced a notable surge in property values, particularly for apartments, reflecting growing buyer interest. While average rental rates for the entire locality are not available, specific sub-localities like Paanduranga Puram show competitive rental yields, indicating a dynamic rental landscape.
The Maddilapalem real estate market in Vizag is currently priced at an average of ₹7,232 per sq ft, demonstrating a clear upward trend in recent quarters. Looking at the price dynamics, the locality rate surged from ₹5,687 per sq ft in Sep 2025 to ₹7,232 per sq ft by Dec 2025, suggesting robust growth. The apartment segment, a key driver in this market, has witnessed an impressive 27.17% appreciation, underlining its strong demand. Meanwhile, the rental market, though not comprehensively reported for the entire area, shows promise in specific sub-localities, with Paanduranga Puram commanding an average rental rate of ₹17 per sq ft.
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Property rates in Maddilapalem, Vizag, have shown a dynamic trend over the last few quarters. The average location rate stood at ₹5,850 per sq ft in Jun 2025, experiencing a slight dip to ₹5,687 per sq ft by Sep 2025. However, the market rebounded strongly, with rates soaring to ₹7,232 per sq ft by Dec 2025, indicating a significant appreciation.
The Maddilapalem property market predominantly features apartments, which are currently priced at an average of ₹7,232 per sq ft. This segment has shown remarkable growth, recording a substantial 27.17% increase in prices. This strong appreciation highlights the robust demand and investment appeal for apartments in the area.
Within Maddilapalem, property rates vary across its sub-localities, reflecting diverse market dynamics. Seethammadhara commands the highest average rate at ₹9,567 per sq ft, despite a slight decline of -0.39%. In contrast, Krm Colony offers more accessible pricing at ₹6,156 per sq ft. Notable performers include Mvp Colony, which saw a 1.08% increase to ₹8,348 per sq ft, and Lawsons Bay Colony, with rates at ₹7,933 per sq ft after a 0.39% rise. Akkayyapalem, however, experienced a significant drop of -10.08%, bringing its average rate to ₹6,199 per sq ft.
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