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Insights for Rushikonda, Vizag Real Estate Market Overview

The real estate market in Rushikonda shows consistent growth, with property rates rising to ₹5,850 per sq ft by the first quarter of 2026. This upward trajectory is supported by a steady demand for residential apartments, which remain the most sought-after property type in the region. Rental activity in nearby areas like Lawsons Bay Colony and Paanduranga Puram remains stable, providing a reliable benchmark for rental yields in the broader Vizag market. Development remains active, with a mix of ready-to-move units and new project launches ensuring a diverse supply pipeline for potential buyers.

  • Property rates in Rushikonda increased from ₹5,550 per sq ft in late 2025 to ₹5,850 per sq ft by March 2026.
  • Apartment units in the locality have seen a year-over-year price change of 5.53%.
  • Adityas Ocean Heights leads the premium segment with a notable price appreciation of 24.15%.
  • Nearby residential hubs like Yendada and Madhurawada show strong market competition with rates at ₹6,250 and ₹5,250 per sq ft respectively.
  • Rental rates in neighboring key localities hold steady at ₹50 per sq ft.

Market Strengths
  • Consistent quarterly price growth in Rushikonda from ₹5,550 to ₹5,850 per sq ft signals strong market health.
  • Diversified residential supply ranging from ₹3,500 to ₹5,850 per sq ft accommodates a wide spectrum of buyer budgets.
  • Strong performance of key projects like Adityas Ocean Heights drives overall area prestige.
  • Stable rental rates of ₹50 per sq ft in adjacent high-demand areas support the broader regional investment case.
  • Continuous development activity with new launches keeps the property supply pipeline active and modern.
Market Challenges
  • Ready-to-move inventory has experienced a price correction of -11.38%, suggesting a need for careful evaluation of existing stock.
  • Boyapalem has seen a slight decline in rates of -0.31%, indicating a soft spot in the neighboring market periphery.
Investment Opportunities
  • Residential apartments in Rushikonda demonstrate a solid 5.53% annual growth, making them a reliable asset class.
  • The 24.15% price appreciation at Adityas Ocean Heights highlights high potential for capital gains in premium projects.
  • Rental demand in nearby Lawsons Bay Colony and Paanduranga Puram at ₹50 per sq ft provides a stable secondary income stream for investors.
  • New launch projects at ₹3,500 per sq ft offer a lower entry price for investors seeking long-term appreciation.
Top Localities in Rushikonda, Vizag

Visalakshi Nagar

Avg Price ₹ 6,250 /Sq.Ft.
LISTINGS 3

Bakkannapalem

Avg Price ₹ 4,250 /Sq.Ft.
LISTINGS 1
Price Trend

Rushikonda, Vizag Property Price Trends and Appreciation

Rushikonda has seen a consistent upward trend in property values over the last two quarters. Rates climbed from ₹5,550 per sq ft in December 2025 to reach ₹5,850 per sq ft by March 2026. This steady growth highlights the increasing desirability of the locality for residential investment.
Asking Price Trends
₹ 5,850/Sq.Ft
Dec 2025 — Sep 2026
Quarter City Rate
Sep 2026 0
Jun 2026 0
Mar 2026 5850
Dec 2025 5550
About Asking Price Trends
Rushikonda Property Price Comparison
  • By Localities
  • By Property Type
  • By Property Status
Location Rate (₹/Sq.Ft) Change %
Yendada 6,250 5.1
Madhurawada 5,250 8.1
Pothinamallayya Palem 4,800 1.8
Bakkannapalem 4,250 -
Mvp Colony 7,900 -
Kommadi 5,300 1.5
Seethammadhara 8,350 -
Akkayyapalem 6,650 -
Boyapalem 3,900 -0.3
The surrounding micromarkets offer varying price points compared to Rushikonda's ₹5,850 per sq ft. Seethammadhara commands a premium at ₹8,350 per sq ft, while MVP Colony also sits on the higher end at ₹7,900 per sq ft. More accessible options are available in Pothinamallayya Palem at ₹4,800 per sq ft and Bakkannapalem at ₹4,250 per sq ft, providing diverse choices for different budget segments.
Type Rate (₹/Sq.Ft) Change %
Apartment 5,850 5.5
Rushikonda's real estate market is primarily defined by its apartment segment, which averages ₹5,850 per sq ft. This category has experienced a healthy growth of 5.53% over the past year, reflecting sustained buyer confidence in the residential apartment model.
Status No of Project Rate (₹/Sq.Ft) Change %
Ready To Move 2 3,750 -11.4
New Launch 1 3,500 -
The market provides varied options based on possession timelines, ranging from ready-to-move inventory to new launches. Ready-to-move properties are currently priced at ₹3,750 per sq ft, while new launch projects are entering the market at ₹3,500 per sq ft. This range allows buyers to choose between immediate occupancy and the potential benefits of investing in an early-stage development.
Project & Developer Insights

Top Residential Projects and Developers in Rushikonda

Top Projects in Rushikonda
KP Arena is the top project in Rushikonda with prices from ₹ 56.90 Lac to 92.50 Lac.
KP Arena ₹ 56.9 L - ₹ 92.5 L
  • Vizag North, Vizag
CMR Karlan Grand ₹ 1.54 Cr - ₹ 2.41 Cr
  • Vizag North, Vizag
CMR Karlan Residency ₹ 1.36 Cr - ₹ 1.90 Cr
  • Vizag North, Vizag
Iconica Capitol and The Crown ₹ 1.83 Cr - ₹ 4.22 Cr
  • Vizag North, Vizag
Utkarsha Capital Towers ₹ 88.77 L - ₹ 1.42 Cr
  • Vizag North, Vizag
Karlan Square ₹ 1.61 Cr - ₹ 1.97 Cr
  • Vizag Central, Vizag
Karlan CMR One ₹ 2.06 Cr - ₹ 5.14 Cr
  • Vizag Central, Vizag
View More
New Launch
Under Construction
Ready to Move
Top Developers in Vizag
Mk Builders leads in Vizag with 22 projects and years of experience.
DLF
Mk Builders ₹ 36.96 L - ₹ 2.63 Cr
  • 22 Projects
DLF
Vaishno Real Estates And Property Developers ₹ 22.95 L - ₹ 44.8 L
  • 4 Projects
DLF
Aditya Construction Company ₹ 11.9 L - ₹ 1.05 Cr
  • 4 Projects
DLF
Suniti Constructions
  • 1 Projects
DLF
Lakshmi Abodes
  • 1 Projects
View More
Top Projects by Listing Rates
  • Listing Rate
Project Name Rate (₹/Sq.Ft) Change %
Adityas Ocean Heights, Rushikonda 4,000 24.2
Lakshmi Venu Manor, Rushikonda 3,500 -
Vaishno Square, Rushikonda 3,500 2.7
Premium residential projects in Rushikonda are setting strong value benchmarks. Adityas Ocean Heights is a standout performer, priced at ₹4,000 per sq ft after an impressive 24.15% appreciation. Meanwhile, Lakshmi Venu Manor and Vaishno Square both offer entry points at ₹3,500 per sq ft, with the latter showing a steady growth of 2.66%.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 37,700 /Sq.Ft
Govt Registration Rate ₹ 18,300 /Sq.Ft
Avg. Asking Price ₹ 18,200 /Sq.Ft
Avg. Asking Price ₹ 16,000 /Sq.Ft
Govt Registration Rate ₹ 9,650 /Sq.Ft
Avg. Asking Price ₹ 15,100 /Sq.Ft
Avg. Asking Price ₹ 13,550 /Sq.Ft
Govt Registration Rate ₹ 8,750 /Sq.Ft
Avg. Asking Price ₹ 12,650 /Sq.Ft
Govt Registration Rate ₹ 9,100 /Sq.Ft
Avg. Asking Price ₹ 12,400 /Sq.Ft
Avg. Asking Price ₹ 9,400 /Sq.Ft
Govt Registration Rate ₹ 3,700 /Sq.Ft
Avg. Asking Price ₹ 9,200 /Sq.Ft
Avg. Asking Price ₹ 6,800 /Sq.Ft

Micromarket-Wise Property Price Trends Around Rushikonda, Vizag

Avg. Asking Price ₹ 5,400 /Sq.Ft
Avg. Asking Price ₹ 5,250 /Sq.Ft
Avg. Asking Price ₹ 3,500 /Sq.Ft

More insights about Rushikonda, Vizag

FAQ

Frequently Asked Questions About Property Rates in Rushikonda, Vizag

What is the current average asking price in Rushikonda as of September 2026?

As of September 2026, the average asking price in Rushikonda stands at ₹5,850 per sq ft. This figure represents the current market valuation for residential apartments in the locality, reflecting a stable trend with no change in the overall average price compared to the previous assessment period.

How have property prices in Rushikonda trended over the last few quarters?

Property prices in Rushikonda have shown a varied trajectory leading up to September 2026. While the location rate was recorded at ₹5,850 per sq ft in March 2026, rising from ₹5,550 per sq ft in December 2025, the market has since stabilized. Investors and homebuyers should note that the micromarket-specific rates also fluctuated, moving from ₹5,350 per sq ft in December 2025 to ₹5,050 per sq ft in March 2026, before reaching ₹5,400 per sq ft in June 2026.

How do property rates for apartments in Rushikonda compare to other nearby areas in Vizag?

Property rates in Rushikonda, currently at ₹5,850 per sq ft, sit in the mid-to-high range compared to surrounding localities in Vizag. For instance, Seethammadhara commands a premium at ₹8,350 per sq ft, while areas like Yendada and Madhurawada are priced at ₹6,250 per sq ft and ₹5,250 per sq ft, respectively. Notably, Yendada has seen an appreciation of 5.06% and Madhurawada an appreciation of 8.12% over their respective comparison periods, indicating strong demand in these neighbouring pockets.

What is the price difference between Ready To Move and New Launch projects in Rushikonda?

As of September 2026, Ready To Move projects in Rushikonda are priced at an average of ₹3,750 per sq ft, which reflects a depreciation of 11.38% compared to the previous period. In contrast, New Launch projects are currently priced at ₹3,500 per sq ft, showing stable pricing with no change over the same timeframe. This data suggests that buyers seeking immediate possession may find varying value propositions compared to those looking for newer, under-construction inventory.

Which residential projects in Rushikonda are currently leading in terms of listing rates?

Adityas Ocean Heights is a prominent project in Rushikonda with a current listing rate of ₹4,000 per sq ft, having appreciated by 24.15% over the observed period. Other notable projects include Lakshmi Venu Manor and Vaishno Square, both currently listed at ₹3,500 per sq ft. While Lakshmi Venu Manor has maintained stable pricing, Vaishno Square has seen a modest appreciation of 2.66% compared to the previous assessment period, reflecting steady interest in these specific developments.

How should an investor interpret the rental rates in areas near Rushikonda?

Investors looking at rental income near Rushikonda can observe consistent rental benchmarks in nearby developed localities. Both Lawsons Bay Colony and Paanduranga Puram currently command an average rental rate of ₹50 per sq ft. These rates have remained stable with no percentage change recorded, providing a predictable baseline for landlords and tenants evaluating the rental market in this region of Vizag.

Is Rushikonda currently a better market for end-users or investors?

The market in Rushikonda serves both segments differently, with an average apartment price of ₹5,850 per sq ft as of September 2026. End-users may find value in the availability of both Ready To Move and New Launch options, while investors should monitor the performance of premium projects like Adityas Ocean Heights, which has seen significant appreciation. The stability in the overall average asking price suggests a mature market where capital appreciation is driven more by specific project quality and location advantages rather than broad-based speculative growth.

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