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Property Rates in Maddilapalem, Vizag
Comprehensive Market Snapshot
Property rates in Maddilapalem currently average ₹7,250 per sq ft, showing a significant increase. Apartments are particularly strong, with prices up 27.17%. Nearby Yendada has seen a notable dip of -9.74%.
- Asking Sale Price₹ 7,250 /sq.ft
Insights for Maddilapalem, Vizag Real Estate Market
Maddilapalem's real estate market presents a dynamic picture with an average asking price of ₹7,250 per sq ft. Price trends indicate growth, with a notable surge towards December 2025. Apartments are leading this upward trajectory, experiencing a substantial 27.17% increase. Meanwhile, nearby areas show varied performance; Yendada has seen a decrease of -9.74%, while Rushikonda experienced a positive shift of 5.53%. The rental market in Maddilapalem, as indicated by nearby areas like Lawsons Bay Colony, offers an average rental rate of ₹50 per sq ft. This suggests a stable rental environment complementing the sales market.
- Apartments in Maddilapalem are driving market growth, with a significant 27.17% price increase.
- Nearby Yendada has experienced a notable correction, with average rates falling by -9.74%.
- Rushikonda shows positive momentum, with property prices increasing by 5.53%.
- The rental market, exemplified by Lawsons Bay Colony, averages ₹50 per sq ft, indicating steady rental demand.
- Maddilapalem's micromarket rate is projected to reach ₹7,250 by December 2025, a substantial increase from ₹5,450 in September 2025.
Property Valuation Comprehensive assessment of your property's current worth in the current market
Property Price Trends in Maddilapalem, Vizag
The asking price in Maddilapalem has seen a significant upward trend, reaching ₹7,250 per sq ft by December 2025. This marks a substantial increase from previous quarters, indicating growing demand and value appreciation in the area. The micromarket rate also reflects this positive trajectory, climbing significantly over the analyzed period.
In Maddilapalem, apartments are the dominant property type, currently averaging ₹7,250 per sq ft. This segment has witnessed a remarkable 27.17% increase, highlighting its strong performance and buyer interest. No other property types are detailed in the provided data.
Neighboring localities exhibit varied real estate dynamics. Boyapalem offers affordable apartments at ₹3,900 per sq ft, while Gajuwaka presents similar options at the same price point. Yendada commands a higher average of ₹5,950 per sq ft, despite a recent dip, and Rushikonda is priced at ₹5,850 per sq ft with positive growth. Madhurawada and Pothinamallayya Palem are priced around ₹4,850 and ₹4,750 per sq ft respectively, both showing slight declines.
FAQs about Property Rates in Maddilapalem, Vizag
As of March 2026, the average asking price in Maddilapalem, Vizag is ₹7,250 per sq ft. This indicates a significant appreciation of 27.17% from the previous period, suggesting robust demand or a notable shift in market dynamics within the locality.
Property rates in Maddilapalem, Vizag have shown a fluctuating trend over the past year. From June 2025 to September 2025, rates decreased from ₹5,850 to ₹5,700 per sq ft. Subsequently, they rose to ₹7,250 per sq ft by December 2025, before experiencing a sharp drop to ₹3,650 per sq ft as of March 2026. This volatility suggests a dynamic market with significant price adjustments.
As of March 2026, Maddilapalem's average asking price is ₹3,650 per sq ft, which is higher than some surrounding micromarkets like Boyapalem and Gajuwaka, both at ₹3,900 per sq ft. However, it is lower than Yendada at ₹5,950 per sq ft and Rushikonda at ₹5,850 per sq ft. This indicates a varied pricing landscape across the immediate vicinity.
As of March 2026, the average price for apartments in Maddilapalem, Vizag is ₹7,250 per sq ft. This represents a substantial appreciation of 27.17% compared to the previous period, indicating strong demand and potentially increasing property values for apartment segments in this locality.
Property rates vary significantly across neighborhoods near Maddilapalem, Vizag. As of March 2026, Yendada shows an average rate of ₹5,950 per sq ft, having depreciated by 9.74%. Rushikonda is priced at ₹5,850 per sq ft with a 5.53% appreciation, while Kommadi is at ₹5,200 per sq ft, up by 6.42%. Conversely, Madhurawada has seen a depreciation of 6.04% to ₹4,850 per sq ft, and Pothinamallayya Palem is at ₹4,750 per sq ft after a 5.45% decrease.
Near Maddilapalem, Vizag, micromarkets like Lawsons Bay Colony and Paanduranga Puram exhibit an average rental rate of ₹50 per sq ft as of March 2026, with no change reported. This indicates a stable rental market in these specific areas, though broader rental trends across all micromarkets would require more granular data.
The micromarket average for Maddilapalem has fluctuated significantly. From June 2025 to September 2025, it decreased from ₹5,800 to ₹6,100 per sq ft. It then dropped to ₹5,450 per sq ft by December 2025, before a substantial fall to ₹3,650 per sq ft in March 2026. This indicates a volatile trend in the micromarket's pricing.
A 'listingCount' of 1 for Maddilapalem as of March 2026, coupled with an average asking price of ₹7,250 per sq ft, suggests a very limited active inventory in the market. This scarcity could potentially influence pricing dynamics, making properties that are available highly sought after.
