Vizag
Marripalem continues to be a focal point for residential property seekers in Vizag, characterized by a robust average asking price of ₹5,950 per sq ft. The local market supply is segmented between premium completed projects and ongoing residential developments, ensuring a range of choices for prospective investors. Notably, the ready-to-move segment is experiencing a positive shift, with prices reaching ₹7,650 per sq ft, indicating strong demand for immediate housing solutions. This price performance underscores the area's ongoing appeal as a preferred residential destination.
As of September 2026, the average asking price in Marripalem stands at ₹5,950 per sq ft. This rate has remained stable with a 0% change, indicating a balanced market environment where supply and demand have reached a temporary equilibrium compared to previous periods.
The micromarket rate in Marripalem has shown slight fluctuations throughout 2026, settling at ₹3,500 per sq ft as of September 2026. Data indicates the rate held steady at ₹3,500 per sq ft in June 2026, following a minor increase from ₹3,450 per sq ft in March 2026 and a dip from ₹3,550 per sq ft in December 2025, reflecting a resilient but cautious market trajectory.
Property prices in Marripalem, at ₹5,950 per sq ft, are generally higher than many surrounding areas in Vizag. For context, as of September 2026, average asking prices in nearby localities include Gopalapatnam at ₹4,550 per sq ft, Gajuwaka at ₹4,100 per sq ft (which appreciated by 3.66%), and Sujatha Nagar at ₹4,100 per sq ft (which appreciated by 0.37%). Other areas like Aganampudi at ₹3,300 per sq ft saw a depreciation of 2.91%, while Pendurthi at ₹4,000 per sq ft experienced a 3.23% depreciation, highlighting Marripalem's position as a premium residential pocket in the region.
Ready To Move properties in Marripalem command a premium, currently priced at ₹7,650 per sq ft as of September 2026. This segment has shown strong growth, appreciating by 5.32% compared to the previous period, which signals high demand from end-users looking for immediate possession and reduced construction risk.
The top projects in Marripalem by listing rates include KSR Green Valley and Lansum Supreme. As of September 2026, KSR Green Valley is listed at ₹7,650 per sq ft, having appreciated by 5.32% over the measured period, while Lansum Supreme is listed at ₹6,500 per sq ft with stable pricing reflecting a 0% change. These projects represent the higher end of the local market, catering to buyers seeking established residential developments.
Buyers should use the provided data to benchmark their investment against current market averages and status-wise trends. With the average asking price at ₹5,950 per sq ft as of September 2026, comparing this against specific project listings like KSR Green Valley at ₹7,650 per sq ft helps in understanding the premium commanded by specific amenities or project status. Always consider the 0% change in the overall asking price as a sign of current market stability when negotiating property deals.
