Property Rates in Pendurthi, Vizag

Property prices in Pendurthi, Visakhapatnam have shown some fluctuation over the past year. The average asking price was ₹3,901 per sq ft in March 2026, which is a 4.44% increase from ₹3,735 per sq ft in December 2025. Prior to that, prices saw a dip from ₹4,363 per sq ft in June 2025 to ₹3,895 per sq ft in September 2025, suggesting a dynamic market that buyers and investors should monitor closely.

As of March 2026, the average asking price in Pendurthi, Visakhapatnam stands at ₹3,901 per sq ft. The provided data indicates a Government Registration Rate of ₹0 per sq ft for the same period. This significant difference suggests that the registered property values are not being reflected in the current market asking prices, which is a crucial point for potential buyers to consider when assessing transaction costs and market value.

Property prices vary across the micromarkets within Pendurthi, Visakhapatnam. As of March 2026, Nad Junction has the highest average rate at ₹5,961 per sq ft, followed closely by Marripalem at ₹5,971 per sq ft. In contrast, Sheela Nagar offers more affordable options with an average rate of ₹3,608 per sq ft. Sujatha Nagar is priced at ₹3,958 per sq ft, while Simhachalam is at ₹4,633 per sq ft. This distribution highlights distinct pricing tiers within the broader Pendurthi region.

In Pendurthi, Visakhapatnam, apartments have an average price of ₹3,901 per sq ft as of March 2026, showing a 4.44% appreciation. Villas, on the other hand, are priced higher at an average of ₹6,331 per sq ft, and have seen a significant appreciation of 19.72% over the same period. This indicates a strong demand and value growth for villa properties compared to apartments in the area.

In Pendurthi, Visakhapatnam, Ready To Move properties are priced at an average of ₹3,310 per sq ft as of March 2026, which represents a decrease of 6.73% from the previous period. New Launch properties are priced higher at ₹4,355 per sq ft, with no change reported. The lower pricing and depreciation for Ready To Move units might suggest increased inventory or a market correction, while New Launch properties command a premium, possibly due to newer amenities or development stages.

As of March 2026, Sai Ram Gardens in Pendurthi, Visakhapatnam has the highest listing rate at ₹4,420 per sq ft, with no change reported. High Hoja Heights 2 follows with a rate of ₹4,355 per sq ft, having appreciated by 4.54%. Sri Sai Surya Nivasam is listed at ₹3,796 per sq ft, showing a slight appreciation of 0.05%. These projects represent the higher end of the price spectrum for properties listed in Pendurthi.

The rental market in Pendurthi, Visakhapatnam, as of March 2026, shows an average rental rate of ₹0 per sq ft, with rental yield marked as 'NA'. However, specific micromarkets within the broader region show activity; for instance, Paanduranga Puram has an average rental rate of ₹17 per sq ft with no change reported. The overall 'NA' for average rental rate and yield suggests limited or uncaptured rental data for Pendurthi itself, making it difficult to assess the rental income potential for investors.

Rental rates vary across micromarkets within the Pendurthi region. As of March 2026, Paanduranga Puram reports an average rental rate of ₹17 per sq ft, with no reported change. While comprehensive data for all micromarkets within Pendurthi is not detailed, this figure for Paanduranga Puram provides a benchmark for rental values in that specific area, indicating a modest rental market.

The overall rental yield for Pendurthi, Visakhapatnam, as of March 2026, is reported as 'NA' (Not Available). This indicates that the data required to calculate a meaningful rental yield, which typically involves comparing rental income against property values, is not sufficiently captured or available for the locality at this time. Investors looking for rental income potential should examine specific micromarkets or projects for more granular insights.

The price trend in Pendurthi, Visakhapatnam, suggests a market that has recently seen an upward movement after a period of decline. The average asking price appreciated by 4.44% from December 2025 (₹3,735 per sq ft) to March 2026 (₹3,901 per sq ft). Prior to this, there was a dip from June 2025 to September 2025. This recent appreciation could signal renewed buyer interest or a stabilization of prices, making it a period for potential buyers to evaluate opportunities while investors might look for further growth indicators.

In Pendurthi, Visakhapatnam, Ready To Move properties are priced at an average of ₹3,310 per sq ft as of March 2026, showing a depreciation of 6.73%. New Launch properties, representing under-construction inventory, are priced higher at ₹4,355 per sq ft with no change. This suggests that buyers might find Ready To Move options more budget-friendly, while New Launch properties command a premium, potentially due to their newness or development stage.