Property Rates in Vizag Central, Vizag 2026

Property prices in Vizag Central have shown a volatile trajectory over the last four quarters. As of June 2026, the micromarket rate stands at ₹5,200 per sq ft, following a period in March 2026 where it was ₹3,650 per sq ft. This compares to rates of ₹5,450 per sq ft in December 2025 and ₹6,100 per sq ft in September 2025, suggesting a fluctuating market environment that investors should monitor closely.

As of June 2026, villas in Vizag Central command a premium with an average price of ₹6,350 per sq ft, having appreciated by 19.72% over the relevant period. In contrast, apartments are priced at an average of ₹5,200 per sq ft, which represents a significant appreciation of 41.27% compared to previous benchmarks. These figures highlight the distinct value positioning of different property types within the area.

As of June 2026, Under Construction projects in Vizag Central are priced at ₹5,850 per sq ft, having appreciated by 2.91% compared to earlier data. Conversely, Ready To Move projects are available at an average of ₹4,900 per sq ft, which reflects a depreciation of 19.84% over the same period. This price gap often reflects the premium buyers are willing to pay for newer, modern construction versus established inventory.

The average rental yield in Vizag Central is 5.26% as of June 2026. This yield is a crucial metric for investors, representing the annual rental income relative to the capital investment in a property. When combined with the current average rental rate of ₹16 per sq ft—which has remained stable with 0% change—it provides a clear picture of the income potential for residential assets in this micromarket.

As of June 2026, apartments in Vizag Central command an average rental rate of ₹50 per sq ft, showing stable performance with 0% change. For those seeking specific configurations, 3 BHK apartments are currently available at an average rate of ₹38,800 per month. These rental benchmarks are vital for tenants and landlords to understand the prevailing market value for residential space in the area.

As of June 2026, premium rental projects in Vizag Central include MK Royale and Kalyan Villa in Paanduranga Puram, both commanding an average rental rate of ₹50 per sq ft. Other notable projects include MVV Gardens and Madhuri Palace in Lawsons Bay Colony, which also maintain an average rental rate of ₹50 per sq ft. These projects are currently positioned as top choices for renters due to their established presence and consistent rental demand.

Property rates in the vicinity of Vizag Central show varied pricing as of June 2026. Pendurthi and Boyapalem both feature an average asking price of ₹3,900 per sq ft, with Pendurthi showing an appreciation of 4.44% and Boyapalem remaining stable at 0% change. Meanwhile, Aganampudi is priced at ₹3,350 per sq ft, reflecting a depreciation of 3% compared to previous periods.

As of June 2026, the most premium projects in Vizag Central by listing rate include Daspalla Gangapur Royal Palace at ₹11,500 per sq ft and Manchukonda Pride at ₹11,200 per sq ft, both showing stable pricing with 0% change. Other high-value projects include Lansum Oxygen Towers at ₹8,500 per sq ft, which has seen a depreciation of 30.38%, and KSR Pleasant Valley at ₹8,000 per sq ft with 0% change. These projects represent the upper tier of the local real estate market.

A buyer should interpret the price trends in Vizag Central by looking at the divergence between different property statuses and types as of June 2026. With Under Construction projects at ₹5,850 per sq ft and Ready To Move projects at ₹4,900 per sq ft, the market offers distinct entry points depending on whether a buyer prioritizes immediate possession or newer construction. Monitoring these trends helps in identifying whether the market is currently favoring end-users or investors based on the specific appreciation or depreciation observed.