Property Rates in Madhurawada, Vizag 2026

Property rates in Madhurawada have shown a consistent upward trajectory throughout 2026. As of Sep 2026, the average asking price reached ₹5,400 per sq ft, rising from ₹5,250 per sq ft in Jun 2026, ₹4,850 per sq ft in Mar 2026, and ₹5,150 per sq ft in Dec 2025. This steady movement suggests a resilient market environment where buyer interest continues to support price growth.

Property rates in Madhurawada, currently at ₹5,400 per sq ft, sit in the mid-range when compared to surrounding areas. For instance, Yendada commands a higher average asking price of ₹6,650 per sq ft, which has appreciated by 5.98% over the specified period, while Rushikonda remains stable at ₹5,950 per sq ft with 0% change. Conversely, more affordable options are available in localities like Pothinamallayya Palem at ₹4,850 per sq ft (up 0.12%) and Boyapalem at ₹3,950 per sq ft (up 0.82%).

As of Sep 2026, apartments in Madhurawada are priced at an average of ₹5,400 per sq ft, having appreciated by 2.5% from the previous period. In contrast, villas are positioned at a premium with an average price of ₹11,750 per sq ft, which has seen a depreciation of 5.95% over the same timeframe. This significant price gap highlights the distinct market segments, with apartments serving as the primary volume driver in the locality.

Property rates in Madhurawada vary significantly based on project status as of Sep 2026. Ready To Move properties are currently priced at ₹4,850 per sq ft, reflecting an appreciation of 3.59% compared to the previous period. Meanwhile, Under Construction projects are priced at ₹4,500 per sq ft, showing a depreciation of 5.59%, and New Launch projects are available at ₹4,100 per sq ft, which has depreciated by 7.73% over the same period. This trend suggests that buyers are currently placing a higher premium on immediate possession.

As of Sep 2026, Iconica Capitol and The Crown leads the market in Madhurawada with a listing rate of ₹8,000 per sq ft, maintaining stable pricing with 0% change. Other premium projects include Northstar Park Avenue at ₹6,600 per sq ft (up 4.87%) and Shriram Panorama Hills Paramount Towers at ₹6,500 per sq ft (0% change). These projects represent the higher end of the local market, catering to buyers seeking premium amenities and established project profiles.

As of Sep 2026, the average rental rate for office spaces in Madhurawada stands at ₹150 per sq ft. This rate has remained stable with 0% change over the observed period. Investors looking at commercial assets in this locality should note this consistent rental performance, which provides a clear benchmark for evaluating income-generating potential in the area.

Buyers can use this data to benchmark their purchase price against the current Madhurawada average of ₹5,400 per sq ft as of Sep 2026. By observing the price trends—such as the 2.5% appreciation in apartment rates—and comparing the costs of Ready To Move versus Under Construction projects, buyers can determine if they are paying a fair market value. Additionally, comparing these rates with neighboring localities like Yendada or Bakkannapalem helps in identifying which areas offer better value for their specific budget and investment goals.