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Property Rates in Vepagunta, Vizag

Comprehensive Market Snapshot

Vepagunta in Vizag presents a dynamic real estate landscape, with the current average asking price standing at ₹3,827 per sq ft. This rate reflects a notable shift from the previous quarter, indicating evolving market conditions. While rental rates are not currently available, the market offers a mix of property types, with apartments being a significant segment by asking price. Investors and homebuyers can explore various options, including villas which command a slightly higher average price point.

  • Vepagunta's average asking price is ₹3,827 per sq ft.
  • Apartment prices have seen a significant quarterly decline of -16.91%.
  • Villas are priced at ₹4,196 per sq ft, showing a -2.03% change.
  • The market's average rate decreased from ₹4,606 per sq ft in Jun 2025 to ₹3,827 per sq ft in Sep 2025.
  • Shree Sai Krupa Enclave is a key project, with units available at ₹3,439 per sq ft.

  • Asking Sale Price₹ 3,827 /sq.ft

Insights for Vepagunta, Vizag Real Estate Market

Vepagunta's property market in Vizag presents a dynamic landscape for potential buyers and investors, with the current asking price averaging ₹3,827 per sq ft. Recent trends indicate a quarterly adjustment, with rates moving from ₹4,606 per sq ft in Jun 2025 to ₹3,827 per sq ft in Sep 2025, suggesting a period of market recalibration. Across property types, apartments are available at an average of ₹3,827 per sq ft, experiencing a notable price change of -16.91%, which could signal a buyer's market. Villas, meanwhile, offer a premium option at ₹4,196 per sq ft, with a more modest price adjustment of -2.03%. The market also features projects like Shree Sai Krupa Enclave, offering properties at a competitive ₹3,439 per sq ft.

  • Vepagunta's average property rate in Sep 2025 is ₹3,827 per sq ft, down from ₹4,606 per sq ft in Jun 2025.
  • Apartments in Vepagunta are currently priced at ₹3,827 per sq ft, reflecting a significant quarterly decline of -16.91%.
  • Villas offer a higher average price of ₹4,196 per sq ft, with a -2.03% change.
  • The area offers relatively affordable options compared to neighbouring Murali Nagar (₹7,805 per sq ft) or Marripalem (₹5,971 per sq ft).
  • A prominent project, Shree Sai Krupa Enclave, lists properties at ₹3,439 per sq ft.

Market Strengths Market Strengths
  • Vepagunta offers an attractive average asking price of ₹3,827 per sq ft, making it a relatively affordable option compared to many surrounding areas in Vizag.
  • The presence of diverse property types, including apartments and villas, caters to a broad spectrum of buyer preferences.
  • Specific projects like Shree Sai Krupa Enclave provide properties at competitive rates, starting at ₹3,439 per sq ft.
  • Compared to premium localities such as Murali Nagar (₹7,805 per sq ft) and Marripalem (₹5,971 per sq ft), Vepagunta offers a more budget-friendly entry into the Vizag real estate market.
Market Challenges Market Challenges
  • Vepagunta's average property rate decreased from ₹4,606 per sq ft in Jun 2025 to ₹3,827 per sq ft in Sep 2025, indicating a downward price trend.
  • Apartment prices experienced a substantial -16.91% quarterly decline, which could signal market volatility or oversupply in this segment.
Investment Opportunities Investment Opportunities
  • Apartment prices in Vepagunta have seen a significant -16.91% quarterly decline, potentially offering a buying opportunity for value-conscious investors.
  • The current average asking price of ₹3,827 per sq ft in Vepagunta is considerably lower than several nearby established localities like Murali Nagar (₹7,805 per sq ft) and Marripalem (₹5,971 per sq ft), indicating future appreciation potential.
  • The Shree Sai Krupa Enclave project offers properties at a competitive ₹3,439 per sq ft, presenting an attractive entry point into the market.
  • While villas are at a higher price point (₹4,196 per sq ft), their more stable -2.03% quarterly change suggests resilience compared to apartments.
Property Valuation

Comprehensive assessment of your property's current worth in the current market

Property Price Trends in Vepagunta, Vizag

Asking Price Trends

The property market in Vepagunta, Vizag, has experienced a notable adjustment in recent quarters. The average property rate in Vepagunta was ₹4,606 per sq ft in Jun 2025, which then decreased to ₹3,827 per sq ft by Sep 2025. This quarterly trend indicates a shift in pricing dynamics within the locality.

Quarter City Rate
Dec 2025 0
Sep 2025 3827
Jun 2025 4606
Mar 2025 0
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Price Trends by Property Type

Vepagunta's real estate market caters to diverse preferences across property categories. Villas, for instance, are currently priced at an average of ₹4,196 per sq ft, experiencing a -2.03% change. Meanwhile, apartments, a popular choice in the area, average ₹3,827 per sq ft but have seen a more significant price adjustment of -16.91%. This varied performance across property types provides distinct opportunities for both homebuyers and investors.

Type Rate (₹/sq.ft) Change %
Villa 4,196 -2.03
Apartment 3,827 -16.91
Price Trends by Project Status
Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 0 0 -
Price Trends by Localities

Vepagunta's property market, with an average asking price of ₹3,827 per sq ft, offers a competitive position within Vizag. This rate is significantly more affordable compared to premium localities like Murali Nagar, which commands ₹7,805 per sq ft, or Marripalem at ₹5,971 per sq ft. While areas such as Simhachalam (₹4,633 per sq ft) and Gopalapatnam (₹3,995 per sq ft) are priced higher, Vepagunta remains above areas like Sujatha Nagar (₹3,752 per sq ft) and Pendurthi (₹3,489 per sq ft). This pricing spectrum highlights Vepagunta's balanced appeal for various budget considerations.

Location Rate (₹/sq.ft) Change %
Simhachalam 4,633 -
Sujatha Nagar 3,752 -3.2
Pendurthi 3,489 -10.4
Gopalapatnam 3,995 -
Nad Junction 5,961 -
Marripalem 5,971 -
Murali Nagar 7,805 -
Madhavadhara 6,400 -
Sheela Nagar 3,608 -
Kancharapalem 6,210 -

Project and Developer Insights

Top Projects in Vepagunta
Balaji Paradise Apartments Vizag is the top project in Vepagunta with prices from ₹ 43.01 Lac to 68.15 Lac.
Balaji Paradise Apartments Vizag ₹ 43.00 L - ₹ 68.15 L
  • Vizag North, Vizag
KP Icon ₹ 81 L - ₹ 95.85 L
  • Vizag North, Vizag
Iconica Capitol and The Crown ₹ 1.48 Cr - ₹ 3.43 Cr
  • Vizag North, Vizag
Flora Beau Fort ₹ 50.63 L - ₹ 67.24 L
  • Vizag North, Vizag
Ramachandra Enclave Vizag ₹ 46.83 L - ₹ 64.68 L
  • Vizag North, Vizag
Utkarsha Pearl ₹ 38.48 L - ₹ 55.5 L
  • Vizag North, Vizag
AK Chitravilasa Garden City ₹ 42.24 L - ₹ 67.09 L
  • Vizag North, Vizag
Balaji Hills View Enclave ₹ 48.24 L - ₹ 68.16 L
  • Vizag North, Vizag
Utkarsha Capital Towers ₹ 61.65 L - ₹ 99.15 L
  • Vizag North, Vizag
Sree Sai Surya Lotus ₹ 30.2 L - ₹ 51.68 L
  • Vizag North, Vizag
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New Launch
Under Construction
Ready to Move
Top Projects by Listing Rates

In Vepagunta, specific residential developments offer competitive pricing for potential buyers. Shree Sai Krupa Enclave, located in Vepagunta, stands out with an average asking rate of ₹3,439 per sq ft. This project provides an attractive option for those looking to invest in the Vizag North locality.

  • Listing Rate
Project Name Rate (₹/sq.ft) Change %
Shree Sai Krupa Enclave 3,439 -
Top Developers in Vepagunta
Shree Developers leads in Vepagunta with 1 projects and years of experience.
DLF
Shree Developers ₹ 41.61 L - ₹ 41.61 L
  • 1 Projects
DLF
Vaishno Infra
  • 1 Projects
DLF
Akshaya Developers
  • 1 Projects
DLF
Jai Bhuvan Builders Pvt Ltd
  • 1 Projects
DLF
Akshaya Constructions
  • 1 Projects
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