Property rates in Vizag North average ₹5,050 per sq ft, reflecting a dynamic local market. The region showcases diverse residential options, with apartments averaging ₹5,400 per sq ft. Investors and homebuyers are increasingly drawn to areas like Rushikonda and Kommadi, which have seen positive price growth. With a robust mix of ready-to-move and under-construction projects, the area remains a key focal point for residential real estate development across the city.
Insights for Vizag North, Vizag Real Estate Market Overview
The Vizag North residential market exhibits balanced growth, characterized by a mix of established localities and emerging project hubs. Prices have fluctuated over recent quarters, settling at a competitive average as demand shifts between ready-to-move and new-launch inventory. Rental activity is particularly notable in Madhurawada, which commands a premium rental rate. Developers continue to align their offerings with current buyer preferences, focusing on high-value residential projects that cater to varied investment profiles.
Apartment prices have seen a growth of 6.78%, signaling steady demand for vertical residential spaces.
Rushikonda and Kommadi have emerged as top-performing localities with positive price appreciation of 5.53% and 6.42% respectively.
The New Launch segment is gaining traction with a 14.66% increase in pricing, reflecting confidence in new project pipelines.
Madhurawada stands out in the rental market, recording a strong average rental rate of ₹150 per sq ft.
Villa properties represent the premium end of the market, now averaging ₹11,750 per sq ft after a significant 49.48% change.
Market Strengths
High demand for luxury living is evidenced by villa prices reaching ₹11,750 per sq ft.
Ready-to-move inventory provides 48 available units for immediate occupancy, supporting market liquidity.
A diverse range of project statuses, from new launches to well-developed properties, caters to all buyer segments.
Steady city-wide interest supports a balanced average price of ₹5,050 per sq ft.
Strong performance in key localities like Rushikonda and Kommadi reinforces regional demand.
Market Challenges
Yendada has experienced a price adjustment of -9.74%, requiring careful entry timing for investors.
Madhurawada and Pothinamallayya Palem have seen price contractions of -6.04% and -5.45% respectively.
Premium projects like Vaisakhi Skypark have recorded a significant price change of -27.68%.
Investment Opportunities
Apartments show consistent growth with a 6.78% appreciation rate, making them a reliable choice for long-term investors.
The New Launch segment offers entry-level pricing at ₹4,450 per sq ft with a strong 14.66% growth trend.
Rushikonda and Kommadi present clear growth potential with appreciation rates of 5.53% and 6.42% respectively.
Madhurawada offers a high rental income potential with an average rental rate of ₹150 per sq ft.
Top Localities in Vizag North, Vizag
Bakkannapalem
Avg Price₹ 4,250 /Sq.Ft.
LISTINGS
1
Visalakshi Nagar
Avg Price₹ 6,250 /Sq.Ft.
LISTINGS
3
Simhachalam
Avg Price₹ 4,650 /Sq.Ft.
LISTINGS
2
Bheemili
Avg Price₹ 3,850 /Sq.Ft.
LISTINGS
4
Price Trend
Vizag North, Vizag Property Price Trends and Appreciation
The market has experienced varied movement over the past year, with rates shifting from ₹5,100 per sq ft in September 2025 to ₹5,400 per sq ft by June 2026. While the quarterly trends show some volatility, the overall pricing remains anchored around the ₹5,050 per sq ft mark. These fluctuations highlight the adaptive nature of the Vizag North property market in response to broader city-wide trends.
Locality pricing in Vizag North shows a distinct hierarchy based on lifestyle and connectivity. Yendada commands a premium at ₹5,950 per sq ft, despite a recent adjustment of -9.74%. Rushikonda remains highly desirable, averaging ₹5,850 per sq ft, while Kommadi offers a balance at ₹5,200 per sq ft. Madhurawada and Pothinamallayya Palem are priced more accessibly at ₹4,850 per sq ft and ₹4,750 per sq ft respectively, while Sujatha Nagar remains the most affordable option at ₹3,950 per sq ft.
Type
Rate (₹/Sq.Ft)
Change %
Villa
11,750
49.5
Apartment
5,400
6.8
Vizag North's real estate market caters to diverse buyer preferences across property categories. Villas lead the premium segment at ₹11,750 per sq ft, experiencing a notable 49.48% increase. Apartments offer a more accessible entry point at ₹5,400 per sq ft, showing a healthy 6.78% growth, which reflects sustained demand for modern residential units.
The Vizag North market offers properties across various development stages to suit different buyer timelines. Ready-to-move inventory, comprising 48 units, averages ₹4,700 per sq ft, providing immediate value for residents. Meanwhile, 18 under-construction projects are priced at ₹4,750 per sq ft, and 12 new-launch projects at ₹4,450 per sq ft offer competitive entry points for long-term investors.
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-value benchmarks for the region. Sai Sree S Murali Madhuram in Pothinamallayya Palem leads with a rate of ₹15,750 per sq ft, followed by Vaisakhi Skyline in Yendada at ₹8,900 per sq ft. Other notable projects like MK Gold Coast and GEV Jewel offer varied luxury living options, maintaining a strong presence in the premium segment.
Frequently Asked Questions About Property Rates in Vizag North, Vizag
What is the current average asking price in Vizag North?
As of June 2026, the average asking price in Vizag North stands at ₹5,050 per sq ft. This figure reflects a market adjustment, having depreciated by 5.43% compared to the previous period. This data point is based on 217 active residential apartment listings in the area.
How have property prices in Vizag North trended recently?
Property prices in Vizag North have shown a fluctuating trajectory over the last four quarters. As of June 2026, the micromarket rate is ₹5,400 per sq ft, up from ₹5,050 per sq ft in March 2026. Prior to this, the rate was ₹5,350 per sq ft in December 2025 and ₹5,100 per sq ft in September 2025, indicating a dynamic market environment for potential buyers and investors.
How do property prices vary across different neighbourhoods in Vizag North?
Property prices across neighbourhoods in Vizag North show significant variation, reflecting local demand and infrastructure. As of June 2026, Yendada commands an average asking price of ₹5,950 per sq ft (which has depreciated by 9.74%), while Rushikonda is priced at ₹5,850 per sq ft (having appreciated by 5.53%). Other areas include Kommadi at ₹5,200 per sq ft (up 6.42%), Madhurawada at ₹4,850 per sq ft (down 6.04%), Pothinamallayya Palem at ₹4,750 per sq ft (down 5.45%), and Sujatha Nagar at ₹3,950 per sq ft (up 2.99%). These percentages reflect changes over the most recent comparative periods.
What is the price difference between apartments and villas in Vizag North?
There is a notable price gap between property types in Vizag North as of June 2026. Villas are currently priced at an average of ₹11,750 per sq ft, having seen a significant appreciation of 49.48% compared to the previous period. In contrast, apartments are more accessible, with an average price of ₹5,400 per sq ft, which represents an appreciation of 6.78% over the same timeframe.
How does the status of a project affect property prices in Vizag North?
Property status significantly influences pricing in Vizag North as of June 2026. Ready to move projects are priced at ₹4,700 per sq ft (up 4.85%), while under construction projects average ₹4,750 per sq ft (up 0.91%). New launch projects are currently available at ₹4,450 per sq ft (up 14.66%), and mid-stage projects command a premium at ₹9,400 per sq ft (up 69.36%), reflecting the varying risk and completion timelines for investors.
What are the top-rated projects by listing price in Vizag North?
As of June 2026, the most premium project by listing rate in Vizag North is Sai Sree S Murali Madhuram in Pothinamallayya Palem, priced at ₹15,750 per sq ft, which has appreciated by 0.61%. Other notable high-value projects include Vaisakhi Skyline in Yendada at ₹8,900 per sq ft (stable) and MK Gold Coast in Yendada at ₹8,700 per sq ft (depreciated by 2.53%). These projects represent the higher end of the market spectrum in the region.
How do rental rates compare across different areas in Vizag North?
Rental rates vary by locality within Vizag North, with Madhurawada currently recording an average rental rate of ₹150 per sq ft as of June 2026. This rate has remained stable with no recorded change. Tenants and landlords should use this as a benchmark for the area, keeping in mind that specific project amenities and proximity to commercial hubs can further influence these rental figures.
