New Launch
Under Construction
Ready to Move
Vizag
Rushikonda has emerged as a distinct residential hub in Vizag, characterized by a steady average price of ₹5,850 per sq ft for apartments. The market displays a mix of growth and consolidation, with various projects offering options for both immediate occupancy and long-term investment. Rental demand is supported by nearby localities like Lawsons Bay Colony and Paanduranga Puram, where average rates hover around ₹50 per sq ft. This combination of capital value and rental potential creates a balanced environment for property seekers. Local developers are actively managing inventory across different construction stages, ensuring a consistent supply of housing units.
As of March 2026, the average asking price in Rushikonda stands at ₹5,850 per sq ft. This figure reflects an appreciation of 5.53% compared to the previous period, signaling a resilient demand for residential apartments in this locality.
Property rates in Rushikonda have shown a fluctuating trajectory in recent quarters. The average asking price moved from ₹6,550 per sq ft in June 2025 to ₹5,750 per sq ft in September 2025, dipped to ₹5,550 per sq ft in December 2025, and recovered to ₹5,850 per sq ft as of March 2026. This recent upward movement from December 2025 to March 2026 suggests a stabilization of buyer interest in the area.
Property rates in Rushikonda vary significantly when compared to surrounding areas. As of March 2026, Yendada records an average rate of ₹5,950 per sq ft, which has seen a depreciation of 9.74% compared to the prior period. Other nearby locations include Kommadi at ₹5,200 per sq ft (reflecting a 6.42% appreciation), Madhurawada at ₹4,850 per sq ft (a 6.04% depreciation), Pothinamallayya Palem at ₹4,750 per sq ft (a 5.45% depreciation), and Boyapalem at ₹3,900 per sq ft, which has remained stable with 0% change over the observed period.
As of March 2026, Ready To Move projects in Rushikonda are priced at an average of ₹4,250 per sq ft, while New Launch projects are available at an average of ₹3,500 per sq ft. Both categories have maintained price stability with 0% change, indicating a balanced supply-demand environment for both completed and upcoming residential units.
As of March 2026, GEV Jewel leads the local market with a listing rate of ₹6,100 per sq ft. Other notable projects include Lakshmi Venu Manor at ₹3,500 per sq ft, Vaishno Square at ₹3,450 per sq ft, and Adityas Ocean Heights at ₹3,200 per sq ft. All these projects have maintained stable pricing with 0% change over the recent period.
While specific rental data for Rushikonda is limited, surrounding localities provide a benchmark for potential rental income. 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 0% change, offering a consistent baseline for landlords and tenants evaluating rental opportunities in the broader Vizag region.
Buyers should use the provided data to benchmark their investment against current market averages and status-wise pricing. With an average asking price of ₹5,850 per sq ft as of March 2026, users can compare this against the specific entry points of projects like GEV Jewel or the lower-priced options like Adityas Ocean Heights. By observing the 5.53% appreciation from December 2025 to March 2026, buyers can gauge the recent momentum of the market before making a purchase decision.
