Pedda Waltair Property Rates — ₹6,900/sq ft

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Property rates in Pedda Waltair average ₹6,900 per sq ft. This value reflects a slight adjustment from recent quarters, maintaining the area's stature as a premium residential choice in Vizag. The locality continues to attract interest through high-value projects like MVV Pallavi and Northstar Eden Garden, which draw buyers seeking quality urban living. Investors and homeowners alike find this established neighborhood a stable option for long-term value in the city's real estate market.

Insights

Insights for Pedda Waltair, Vizag Real Estate Market Overview

Pedda Waltair maintains its status as a premium residential hub in Vizag, with property rates currently averaging ₹6,900 per sq ft. The market has seen a marginal shift in pricing over recent quarters, balancing steady demand with high-quality inventory. Rental demand is also notable, supported by established residential pockets like Lawsons Bay Colony and Paanduranga Puram where rates average ₹50 per sq ft. These indicators highlight a mature market where property appreciation and rental income remain key drivers for stakeholders.

Current average property prices in Pedda Waltair stand at ₹6,900 per sq ft.
Premium projects such as MVV Pallavi, MK Builders and Developers Bliss, and Northstar Eden Garden lead the local listing landscape.
Rental averages in nearby key areas like Lawsons Bay Colony and Paanduranga Puram reach ₹50 per sq ft.
The apartment segment remains the primary focus for buyers, currently priced at an average of ₹6,900 per sq ft.

Market Strengths

Strong brand presence of top-tier developers in residential projects like Northstar Eden Garden.
Consistent demand for apartment-style living driving an average price of ₹6,900 per sq ft.
Established rental infrastructure in Paanduranga Puram and Lawsons Bay Colony at ₹50 per sq ft.
High desirability of the Pedda Waltair location within the broader Vizag real estate market.
A stable pricing environment that encourages balanced investment decisions.

Investment Opportunities

The established rental market in nearby Lawsons Bay Colony and Paanduranga Puram offers consistent returns at ₹50 per sq ft.
Apartment living in Pedda Waltair provides a stable investment base with current pricing at ₹6,900 per sq ft.
Proximity to premium projects like MVV Pallavi ensures long-term asset value in a sought-after Vizag locality.
The availability of diverse rental options in surrounding colonies supports steady secondary income potential for investors.

Top Localities in Pedda Waltair, Vizag

Lawsons Bay Colony

Avg Price ₹ 7,950 /sqft

Avg Rent ₹ 15 /sq ft

YIELD + 2.26

Maddilapalem

Avg Price ₹ 7,250 /sqft

LISTINGS 2

Price Trend

Pedda Waltair, Vizag Property Price Trends and Appreciation

Pedda Waltair has shown a stable price trajectory recently, with average rates moving from ₹6,950 per sq ft in June 2025 to ₹6,900 per sq ft by September 2025. This trend reflects a minor adjustment in the local market as it balances supply with buyer expectations. The current rate of ₹6,900 per sq ft remains a key benchmark for those looking to invest in this established locality.

Asking Price Trends

₹ 6,900/sq.ft.

Jun 2025 — Mar 2026

Quarter	City Rate
Mar 2026	0
Dec 2025	0
Sep 2025	6900
Jun 2025	6950

About Asking Price Trends

Pedda Waltair Property Price Comparison

By Localities
By Property Type
By Property Status

Location	Rate (₹/sq.ft)	Change %
Boyapalem	3,900	-
Yendada	5,950	-9.7
Pothinamallayya Palem	4,750	-5.4
Rushikonda	5,850	5.5
Madhurawada	4,850	-6
Kommadi	5,200	6.4
Gajuwaka	3,900	-5.9

The surrounding real estate landscape in Vizag displays diverse pricing, with Pedda Waltair commanding a premium at ₹6,900 per sq ft. Nearby Yendada averages ₹5,950 per sq ft, while Rushikonda hovers around ₹5,850 per sq ft. Kommadi offers a more accessible entry point at ₹5,200 per sq ft, providing a range of choices for investors balancing location preference with their budget.

Type	Rate (₹/sq.ft)	Change %
Apartment	6,900	-1.3

Pedda Waltair’s real estate market is primarily defined by its apartment segment, which averages ₹6,900 per sq ft. This category has seen a minor change of -1.26%, reflecting current market adjustments. The concentration on apartments highlights the area's focus on structured, high-density residential living suitable for professionals and families.

Status	No of Project	Rate (₹/sq.ft)	Change %
Ready To Move	-	-	-

Project & Developer Insights

Top Residential Projects and Developers in Pedda Waltair

Northstar Homes ₹ 1.04 Cr - ₹ 2.08 Cr

2 Projects

MVV Builders ₹ 67.52 L - ₹ 1.44 Cr

37 Projects

Mk Builders ₹ 36.96 L - ₹ 2.63 Cr

22 Projects

Sathya Sai Builders and Developers

1 Projects

Padmajaa Nirmans

1 Projects

Vjaykrant Infra

1 Projects

Top Projects by Listing Rates

Listing Rate

Project Name	Rate (₹/sq.ft)	Change %
Mvv Pallavi, Pedda Waltair	6,500	-
Mk Builders And Developers Bliss, Pedda Waltair	5,850	-
Northstar Eden Garden, Pedda Waltair	5,800	-

Premium residential developments in Pedda Waltair are commanding competitive asking prices, reflecting their appeal to discerning buyers. MVV Pallavi leads the segment with a rate of ₹6,500 per sq ft, followed by MK Builders and Developers Bliss at ₹5,850 per sq ft. Northstar Eden Garden also holds a strong position in the local market, currently priced at ₹5,800 per sq ft.

Explore Property Rates in Top Cities

Mumbai

Avg. Asking Price ₹ 38,600 /sq.ft

Govt Registration Rate ₹ 18,350 /sq.ft

Navi Mumbai

Avg. Asking Price ₹ 19,300 /sq.ft

Govt Registration Rate ₹ 13,950 /sq.ft

Delhi

Avg. Asking Price ₹ 18,350 /sq.ft

Thane

Avg. Asking Price ₹ 15,350 /sq.ft

Govt Registration Rate ₹ 9,500 /sq.ft

Gurgaon

Avg. Asking Price ₹ 14,850 /sq.ft

Pune

Avg. Asking Price ₹ 12,950 /sq.ft

Govt Registration Rate ₹ 8,750 /sq.ft

Bangalore

Avg. Asking Price ₹ 12,100 /sq.ft

Govt Registration Rate ₹ 5,900 /sq.ft

Noida

Avg. Asking Price ₹ 11,750 /sq.ft

Govt Registration Rate ₹ 8,900 /sq.ft

Hyderabad

Avg. Asking Price ₹ 9,300 /sq.ft

Govt Registration Rate ₹ 3,700 /sq.ft

Chennai

Avg. Asking Price ₹ 7,900 /sq.ft

Micromarket-Wise Property Price Trends Around Pedda Waltair, Vizag

Vizag North

Avg. Asking Price ₹ 5,050 /sq.ft

Vizag Central

Avg. Asking Price ₹ 3,650 /sq.ft

Vizag South

Avg. Asking Price ₹ 3,450 /sq.ft

More insights about Pedda Waltair, Vizag

Pedda Waltair, Vizag Overview

FAQ

Frequently Asked Questions About Property Rates in Pedda Waltair, Vizag

What is the current average asking price in Pedda Waltair?

As of March 2026, the average asking price in Pedda Waltair stands at ₹6,900 per sq ft. This rate has remained stable, showing a 0% change, which typically indicates a period of price consolidation in the local real estate market.

How have property prices in Pedda Waltair trended recently?

The micromarket rate in Pedda Waltair has experienced significant volatility, dropping from ₹6,100 per sq ft in September 2025 to ₹3,650 per sq ft as of March 2026. This downward trajectory in the micromarket rate suggests a notable market correction or a shift in the composition of available inventory over the last two quarters.

How do property rates in Pedda Waltair compare to nearby neighbourhoods?

Property rates in Pedda Waltair, at ₹6,900 per sq ft, are currently higher than many surrounding areas. For comparison, as of March 2026, average asking prices in nearby localities include Yendada at ₹5,950 per sq ft (which depreciated by 9.74% from the previous period), Rushikonda at ₹5,850 per sq ft (which appreciated by 5.53%), and Madhurawada at ₹4,850 per sq ft (which depreciated by 6.04%).

What is the price trend for apartments in Pedda Waltair?

As of March 2026, apartments in Pedda Waltair are priced at an average of ₹6,900 per sq ft. This segment has seen a slight depreciation of 1.26% compared to the previous period, reflecting a minor adjustment in the premium segment of the local residential market.

Which are the prominent residential projects in Pedda Waltair by listing rates?

The top residential projects in Pedda Waltair by listing rates include MVV Pallavi at ₹6,500 per sq ft, MK Builders and Developers Bliss at ₹5,850 per sq ft, and Northstar Eden Garden at ₹5,800 per sq ft as of March 2026. These projects have maintained stable pricing with a 0% change recorded, signaling consistent valuation for these specific developments.

What should investors know about rental rates in areas near Pedda Waltair?

Rental rates in the vicinity of Pedda Waltair are currently consistent across key neighbouring pockets. As of March 2026, both Lawsons Bay Colony and Paanduranga Puram command an average rental rate of ₹50 per sq ft. These rates have remained stable with a 0% change, offering a predictable baseline for landlords and tenants looking at residential options in these established areas.

How can I use the property rate data on this page to make informed decisions?

You can use this data to benchmark your investment or purchase by comparing the current average asking price of ₹6,900 per sq ft in Pedda Waltair against broader micromarket trends and neighbouring localities like Yendada or Rushikonda. By observing the 0% change in overall asking prices and the specific depreciation trends in apartment segments, you can identify whether the market is currently in a phase of growth, correction, or stability before finalizing your real estate transaction.