Property rates in Vizag North average ₹5,050 per sq ft. This micromarket presents a balanced landscape for residential buyers, with diverse options ranging from established apartments to emerging premium villas. Growth is particularly visible in specific project stages, while rental activity remains active, with areas like Madhurawada commanding significant rental interest. Investors and homebuyers can find competitive opportunities across various localities, making this region a notable corridor within the broader Vizag property market.
Insights for Vizag North, Vizag Real Estate Market Overview
Vizag North serves as a dynamic real estate hub, offering a blend of residential apartments and high-end villa projects. Recent price trends show a balanced market correction, with current rates settling at ₹5,050 per sq ft. The rental market is equally robust, with average rental rates reaching ₹91 per sq ft, particularly supported by high-demand pockets like Madhurawada. Buyers have a wide selection of projects, ranging from immediate ready-to-move options to new launches, allowing for flexible investment strategies based on possession timelines.
Apartments in the area are currently priced at an average of ₹5,050 per sq ft.
Villa projects show significant appreciation, with average prices reaching ₹11,750 per sq ft.
New launch projects provide entry-level opportunities, with average rates of ₹4,150 per sq ft.
Madhurawada stands out with a strong average rental rate of ₹150 per sq ft.
Rushikonda and Kommadi demonstrate positive price growth, recording increases of 5.53% and 6.42% respectively.
Market Strengths
Villas in the area show exceptional market performance with a 49.48% increase in value.
Ready-to-move inventory provides stability with a steady price growth of 1.07%.
Madhurawada supports the rental ecosystem with an average rental rate of ₹150 per sq ft.
The overall micromarket average of ₹5,050 per sq ft remains higher than the city average of ₹4,250 per sq ft, indicating strong demand.
Sujatha Nagar offers affordable residential access at ₹3,950 per sq ft with a 2.99% growth rate.
Market Challenges
Apartment prices have seen a slight adjustment of -5.43%, reflecting current market consolidation.
Yendada, while premium, has experienced a price shift of -9.74% which may warrant careful entry timing.
Madhurawada property rates have adjusted by -6.04%, providing a potential window for value-focused buyers.
Pothinamallayya Palem saw a price movement of -5.45% in recent quarters.
Investment Opportunities
New launch projects offer an attractive entry point at ₹4,150 per sq ft with a positive growth of 7.57%.
Early-stage projects are currently priced at ₹4,450 per sq ft, showing strong appreciation potential of 10.34%.
Kommadi presents a balanced investment at ₹5,200 per sq ft with a solid 6.42% price increase.
Rushikonda remains a high-growth locality with a 5.53% increase in property rates.
Top Localities in Vizag North, Vizag
Bakkannapalem
Avg Price₹ 4,250 /Sq.Ft.
LISTINGS
1
Visalakshi Nagar
Avg Price₹ 6,250 /Sq.Ft.
LISTINGS
2
Simhachalam
Avg Price₹ 4,650 /Sq.Ft.
LISTINGS
2
Bheemili
Avg Price₹ 3,850 /Sq.Ft.
LISTINGS
106
Price Trend
Vizag North, Vizag Property Price Trends and Appreciation
Property rates in Vizag North have shown a nuanced trajectory, with the current average standing at ₹5,050 per sq ft as of March 2026. This reflects a shift from the previous quarter's rate of ₹5,350 per sq ft. Compared to the broader city average of ₹4,250 per sq ft, the micromarket maintains a distinct value proposition for prospective investors.
The Vizag North landscape is defined by a variety of localities, each offering unique price points for homebuyers. Yendada commands a premium at ₹5,950 per sq ft, closely followed by Rushikonda at ₹5,850 per sq ft. Kommadi sits in the mid-range at ₹5,200 per sq ft, while Madhurawada and Pothinamallayya Palem offer more accessible entry points at ₹4,850 per sq ft and ₹4,750 per sq ft, respectively. Sujatha Nagar remains the most budget-friendly option, averaging ₹3,950 per sq ft.
Type
Rate (₹/Sq.Ft)
Change %
Villa
11,750
49.5
Apartment
5,050
-5.4
Vizag North caters to distinct buyer preferences through its property categories. Villas lead the premium segment with an average price of ₹11,750 per sq ft, marking a substantial growth of 49.48%. Conversely, the apartment segment is priced at ₹5,050 per sq ft, reflecting a moderate adjustment of -5.43% as the market balances supply and demand.
The market provides options for every timeline, with 44 ready-to-move units averaging ₹4,550 per sq ft. For those looking at future growth, 12 new launch projects are available at an average of ₹4,150 per sq ft, showing a positive trend of 7.57%. Mid-stage and under-construction projects offer further variety, priced at ₹5,300 per sq ft and ₹4,750 per sq ft respectively, catering to diverse investment horizons.
Project & Developer Insights
Top Residential Projects and Developers in Vizag North
Top Projectsin Vizag North
KP Arena is the top project in Vizag North.
KP Arena
Price On Request
Vizag North, Vizag
Iconica Capitol and The Crown
₹ 1.83 Cr - ₹ 4.22 Cr
Vizag North, Vizag
New Launch
Under Construction
Ready to Move
Top Developersin Vizag
Shriram Properties leads in Vizag with 4 projects and 24 years of experience.
Shriram Properties
₹ 48.41 L - ₹ 4.54 Cr
4 Projects
24 Years
Northstar Homes
₹ 1.04 Cr - ₹ 2.08 Cr
2 Projects
Marvel
1 Projects
18 Years
MVV Builders
₹ 67.52 L - ₹ 1.44 Cr
37 Projects
Vinayagar Promoters and Builders
₹ 88 L - ₹ 1.72 Cr
Premium residential developments in Vizag North set high benchmarks for the local market. Sai Sree S Murali Madhuram in Pothinamallayya Palem leads with an asking price of ₹15,750 per sq ft. Vaisakhi Skyline and MK Gold Coast in Yendada are also prominent, priced at ₹8,900 per sq ft and ₹8,700 per sq ft respectively. These projects, along with others like MK One and Iconica Capitol, represent the upper tier of the region's real estate offerings.
Frequently Asked Questions About Property Rates in Vizag North, Vizag
What is the current average asking price in Vizag North as of June 2026?
As of June 2026, the average asking price in Vizag North is ₹5,050 per sq ft. This figure reflects a market correction, having depreciated by 5.43% compared to the previous period. This downward trend in asking prices suggests a period of price adjustment in the local residential apartment market.
How have property prices in Vizag North trended over the last few quarters?
Property prices in Vizag North have shown a mixed trajectory over the past year. Data from September 2025 indicated an average rate of ₹5,100 per sq ft, which increased to ₹5,350 per sq ft by December 2025, before softening to ₹5,050 per sq ft in March 2026. This fluctuation highlights the dynamic nature of the local real estate market, where demand and supply shifts influence quarterly pricing.
How do property rates compare across different neighbourhoods in Vizag North?
Property rates vary significantly across the neighbourhoods within Vizag North. As of June 2026, Yendada commands a higher average rate of ₹5,950 per sq ft, despite a depreciation of 9.74% over the observed period. In contrast, Rushikonda and Kommadi have shown positive growth, with average rates of ₹5,850 per sq ft (up 5.53%) and ₹5,200 per sq ft (up 6.42%) respectively. More affordable options are available in areas like Sujatha Nagar, where the average rate is ₹3,950 per sq ft, reflecting an appreciation of 2.99%.
What is the price difference between apartments and villas in Vizag North?
Villas in Vizag North are currently positioned at a significant premium compared to apartments. As of June 2026, the average price for a villa is ₹11,750 per sq ft, which has seen a substantial appreciation of 49.48% compared to the previous period. Meanwhile, apartments remain more accessible with an average price of ₹5,050 per sq ft, though this segment has experienced a depreciation of 5.43% in the same timeframe.
How does project status impact property prices in Vizag North?
Property prices in Vizag North are closely linked to the stage of project development as of June 2026. Ready To Move projects are priced at an average of ₹4,550 per sq ft, showing a stable appreciation of 1.07%. Under Construction projects are currently averaging ₹4,750 per sq ft with a 1.38% increase, while New Launch projects are priced at ₹4,150 per sq ft, having appreciated by 7.57%. Interestingly, Mid Stage projects command a higher average of ₹5,300 per sq ft despite a 4.4% depreciation, indicating that premium projects often fall into this development category.
Which projects in Vizag North currently have the highest listing rates?
As of June 2026, Sai Sree S Murali Madhuram in Pothinamallayya Palem leads the market with a listing rate of ₹15,750 per sq ft, reflecting a 0.61% appreciation. Other premium projects include Vaisakhi Skyline in Yendada at ₹8,900 per sq ft and MK Gold Coast, also in Yendada, at ₹8,700 per sq ft. These high-value projects generally cater to buyers looking for established or luxury developments within the Vizag North region.
What is the average rental rate in Vizag North and how does it vary by area?
The average rental rate in Vizag North is ₹91 per sq ft as of June 2026, with rates remaining stable compared to the previous period. Rental demand is particularly concentrated in areas like Madhurawada, which commands a higher average rental rate of ₹150 per sq ft. This stability in rental pricing suggests a balanced market where current supply meets the existing tenant demand.
How should investors interpret the property rate data for Vizag North?
Investors should view the data for Vizag North as a tool to identify value and growth potential across different project stages and localities. With Ready To Move properties showing stable growth at ₹4,550 per sq ft and specific localities like Kommadi showing a 6.42% appreciation to ₹5,200 per sq ft, investors can weigh these trends against their risk appetite. It is essential to look at both the current asking price and the percentage change to understand whether a specific area is currently in a growth phase or a correction cycle.
