Property Rates in Rushikonda, Vizag

Property prices in Rushikonda have shown some fluctuation over the past few quarters. From June 2025 to March 2026, the average location rate moved from ₹6,533 per sq ft to ₹5,836 per sq ft. Specifically, prices saw a dip from June 2025 (₹6,533) to Sep 2025 (₹5,730), then a slight increase to ₹5,530 in Dec 2025, and finally a notable appreciation to ₹5,836 per sq ft by March 2026. This suggests a recent upward momentum after an earlier decline.

As of March 2026, Rushikonda's average asking price stands at ₹5,836 per sq ft. Nearby micromarkets show varied pricing: Chandrampalem averages ₹4,819 per sq ft with no change, Yendada is at ₹5,968 per sq ft experiencing a -9.74% depreciation, Endada is priced at ₹5,086 per sq ft with no change, and Madhurawada is at ₹4,852 per sq ft, down by -6.04%. Visalakshi Nagar is higher at ₹6,246 per sq ft, while MVP Colony is significantly higher at ₹8,348 per sq ft.

As of March 2026, the average price for apartments in Rushikonda is ₹5,836 per sq ft. This segment has seen a 5.53% appreciation from the previous quarter, indicating strong demand or limited supply for apartment properties in the area.

In Rushikonda, Ready To Move properties are priced at an average of ₹4,241 per sq ft, with 3 units available. New Launch properties are priced lower, at an average of ₹3,519 per sq ft, with 1 unit listed. Both segments show no change in their average prices, suggesting stable pricing within these categories.

As of March 2026, the top projects in Rushikonda by listing rates are GEV Jewel at ₹6,075 per sq ft, followed by Lakshmi Venu Manor at ₹3,519 per sq ft, Vaishno Square at ₹3,425 per sq ft, and Adityas Ocean Heights at ₹3,222 per sq ft. All these projects have shown no change in their current rates.

The average rental rate in Rushikonda is ₹0 per sq ft, and the rental yield is listed as 'NA'. This indicates that current rental data for Rushikonda is not sufficiently available to provide a meaningful average rental rate or yield calculation. Therefore, investors cannot currently assess the income potential relative to property values in this specific locality based on this data.

Rental rates vary across micromarkets near Rushikonda, with Lawsons Bay Colony showing an average rental rate of ₹15 per sq ft and Paanduranga Puram at ₹17 per sq ft, as of March 2026. Both locations have maintained stable rental prices with a 0% change. These figures suggest that while specific pockets like Paanduranga Puram might command slightly higher rents, the overall rental market in these immediate vicinities appears to be steady.

The Government Registration Rate in Rushikonda is ₹0 per sq ft as of March 2026. This suggests that the provided data does not contain specific figures for government registration rates in this locality, or it is considered negligible in this context.

As of March 2026, the average asking price in Rushikonda is ₹5,836 per sq ft, while the micromarket average is ₹5,046 per sq ft. This indicates that Rushikonda is priced higher than the broader micromarket average by approximately 15.66%. This premium could be attributed to specific amenities, development, or demand drivers within Rushikonda itself.