Vizag
Murali Nagar maintains a firm position in the Vizag real estate sector with an average asking price of ₹7,800 per sq ft for apartments. The local market shows stability, supported by a range of price points in nearby localities that cater to different buyer budgets. Rental activity remains active in key neighboring zones, with rates reaching ₹50 per sq ft in locations like Paanduranga Puram and Lawsons Bay Colony. This balance of capital values and rental potential provides a reliable framework for property seekers and investors alike.
The average asking price in Murali Nagar is ₹7,800 per sq ft as of Sep 2026. This rate has remained stable with a change percentage of 0% over the observed period, indicating a consistent pricing environment for residential apartments in this locality.
Property prices in the Murali Nagar micromarket have shown a fluctuating trend throughout 2026, with the rate recorded at ₹5,100 per sq ft as of Sep 2026. This follows a rate of ₹5,250 per sq ft in Jun 2026 and a lower point of ₹3,650 per sq ft in Mar 2026, reflecting a dynamic market adjustment over the last three quarters.
Property prices in Murali Nagar, at ₹7,800 per sq ft, are positioned at a premium compared to several surrounding areas. For instance, Sujatha Nagar offers an average asking price of ₹4,050 per sq ft, which appreciated by 2.8% from the previous period, while Pendurthi stands at ₹4,100 per sq ft, showing a notable appreciation of 5.56% over the same timeframe. Other nearby areas like Gajuwaka are priced at ₹3,950 per sq ft, having appreciated by 1.9%, whereas Boyapalem is currently at ₹3,900 per sq ft, reflecting a depreciation of 0.31%.
Apartments in Murali Nagar are currently priced at an average of ₹7,800 per sq ft as of Sep 2026. This pricing has remained stable with no change recorded, providing a predictable baseline for buyers looking to invest in residential apartment units within this specific locality.
The rental market in the broader region surrounding Murali Nagar shows consistent pricing in key neighbourhoods. Both Paanduranga Puram and Lawsons Bay Colony command an average rental rate of ₹50 per sq ft as of Sep 2026. These rates have remained stable with a 0% change, suggesting a steady demand for rental properties in these established residential pockets.
