Property rates in Vizag North average ₹5,050 per sq ft. This micromarket continues to attract significant interest, with property values showing dynamic movement over recent quarters. Notable residential projects like Sai Sree S Murali Madhuram and Vaisakhi Skyline highlight the premium nature of the area. With a healthy mix of ready-to-move and under-construction developments, the region remains a compelling choice for investors seeking both immediate occupancy and long-term asset growth in Vizag.
Insights for Vizag North, Vizag Real Estate Market Overview
The Vizag North real estate market presents a balanced landscape for buyers and investors, characterized by diverse property options and steady development. Prices have fluctuated recently, reflecting a market that is actively adjusting to supply shifts and buyer preferences. Rental activity remains robust, particularly in key hubs where demand for quality living spaces is high. The presence of varied project stages, from new launches to established communities, provides flexibility for different investment horizons.
Residential apartments lead the market with an average price of ₹5,400 per sq ft, showing a healthy growth of 6.78%.
The villa segment has seen significant appreciation, with average prices reaching ₹11,750 per sq ft.
Ready-to-move projects, totaling 48 units, provide stability with an average price of ₹4,700 per sq ft.
Madhurawada serves as a major rental hub, commanding an average rental rate of ₹150 per sq ft.
Rushikonda and Kommadi have demonstrated positive growth in property rates, increasing by 5.53% and 6.42% respectively.
Market Strengths
Strong double-digit growth in the villa segment, highlighting high investor confidence in luxury assets.
Consistent demand for residential apartments, evidenced by a steady 6.78% price increase.
A well-distributed supply of 48 ready-to-move units ensures that buyers have immediate options.
Positive price trends in Rushikonda and Kommadi, showing 5.53% and 6.42% growth respectively.
Steady rental rates in the region, with an overall average of ₹91 per sq ft.
Market Challenges
High price volatility in specific top-tier projects like Vaisakhi Skypark, which saw a decline of -27.68%.
Yendada area experienced a -9.74% correction in average rates, indicating a period of price stabilization.
Madhurawada and Pothinamallayya Palem have seen price contractions of -6.04% and -5.45% respectively, suggesting a softening in demand for certain segments.
Investment Opportunities
New launch projects offer an entry-level price point of ₹4,450 per sq ft, ideal for long-term capital appreciation.
The 6.78% growth in apartment prices suggests a strong and consistent demand for residential units in the region.
Madhurawada's rental market, at ₹150 per sq ft, provides a stable income stream for property owners.
Villas showing a 49.48% increase in average price indicate a rapidly maturing luxury market segment.
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
Property rates in Vizag North have shown notable volatility, moving from ₹5,100 per sq ft in September 2025 to ₹5,350 per sq ft by the end of that year. After a brief dip, the market regained momentum, reaching ₹5,050 per sq ft in March 2026 and climbing further to ₹5,400 per sq ft by June 2026. This trend highlights the resilient nature of the micromarket compared to broader city-wide fluctuations.
The Vizag North landscape is defined by its varied locality pricing, ranging from premium coastal spots to more accessible residential pockets. Yendada commands the highest price point at ₹5,950 per sq ft, while Rushikonda follows closely at ₹5,850 per sq ft. Mid-range options like Kommadi average ₹5,200 per sq ft, offering a balance between luxury and affordability. Meanwhile, Sujatha Nagar remains the most competitive, priced at ₹3,950 per sq ft, providing a entry point for budget-conscious buyers.
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. Residential apartments lead the mainstream market at ₹5,400 per sq ft, experiencing a growth of 6.78%. Villas represent the ultra-premium segment, commanding an average price of ₹11,750 per sq ft with a significant increase of 49.48%, reflecting high demand for luxury independent living.
The Vizag North market offers properties across various development stages catering to different buyer timelines. Ready-to-move inventory, comprising 48 units, averages ₹4,700 per sq ft with a growth of 4.85%, appealing to immediate occupancy seekers. Under-construction projects present 18 opportunities at ₹4,750 per sq ft, while new launches provide 12 options at ₹4,450 per sq ft, allowing buyers to balance possession timing with pricing.
Project & Developer Insights
Top Residential Projects and Developers in Vizag North
Top Projectsin Vizag North
KP Arena is the top project in Vizag North with prices from ₹ 56.90 Lac to 92.50 Lac.
KP Arena
₹ 56.9 L - ₹ 92.5 L
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 are commanding significant asking prices, reflecting their luxury positioning and prime locations. Leading the segment, Sai Sree S Murali Madhuram in Pothinamallayya Palem is priced at ₹15,750 per sq ft with a growth of 0.61%. Vaisakhi Skyline at Yendada follows with ₹8,900 per sq ft, while MK Gold Coast offers a luxury living experience at ₹8,700 per sq ft.
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 is ₹5,050 per sq ft. This figure reflects a market adjustment, having depreciated by 5.43% compared to the previous period. Understanding this trend is essential for buyers and investors, as it indicates a softening in current asking rates within the micromarket.
How have property prices in Vizag North trended recently?
Property prices in Vizag North have shown a fluctuating trajectory, with the average rate recorded at ₹5,400 per sq ft as of June 2026. This follows a period of price movement where rates were ₹5,050 per sq ft in March 2026, ₹5,350 per sq ft in December 2025, and ₹5,100 per sq ft in September 2025. This volatility highlights the importance of monitoring quarterly data to gauge the evolving demand-supply balance in the region.
How do property prices compare across different neighbourhoods in Vizag North?
Property prices vary significantly across neighbourhoods in Vizag North, reflecting distinct market positioning for each area. As of June 2026, Yendada commands an average asking price of ₹5,950 per sq ft (depreciated by 9.74%), while Rushikonda stands at ₹5,850 per sq ft (appreciated by 5.53%). Other notable areas include Kommadi at ₹5,200 per sq ft (appreciated by 6.42%), Madhurawada at ₹4,850 per sq ft (depreciated by 6.04%), Pothinamallayya Palem at ₹4,750 per sq ft (depreciated by 5.45%), and Sujatha Nagar at ₹3,950 per sq ft (appreciated by 2.99%).
What is the price difference between villas and apartments in Vizag North?
Villas in Vizag North currently command a significant premium over apartments. As of June 2026, villas are priced at an average of ₹11,750 per sq ft, having seen a substantial appreciation of 49.48% over the measured period. In contrast, apartments are priced at an average of ₹5,400 per sq ft, reflecting an appreciation of 6.78% compared to the previous period.
How does the construction status of a project affect property rates in Vizag North?
Property rates in Vizag North are closely linked to project status, with Mid Stage projects currently commanding the highest rates at ₹9,400 per sq ft, showing a significant appreciation of 69.36% as of June 2026. Ready To Move properties are priced at ₹4,700 per sq ft (appreciated by 4.85%), while Under Construction projects average ₹4,750 per sq ft (appreciated by 0.91%). New Launch projects are currently available at an average of ₹4,450 per sq ft, having appreciated by 14.66%.
What are the top-rated projects in Vizag North by listing rates?
Several premium projects lead the market in Vizag North based on listing rates as of June 2026. Sai Sree S Murali Madhuram in Pothinamallayya Palem is the highest-priced at ₹15,750 per sq ft (appreciated by 0.61%), followed by Vaisakhi Skyline in Yendada at ₹8,900 per sq ft (stable). Other notable projects include MK Gold Coast at ₹8,700 per sq ft (depreciated by 2.53%) and MK One at ₹7,500 per sq ft (stable), both located in Yendada.
What is the average rental rate in Vizag North?
As of June 2026, the average rental rate in Vizag North is ₹91 per sq ft. This rate has remained stable with a 0% change, suggesting a consistent rental market environment for tenants and landlords in the region.
How do rental rates vary across different areas in Vizag North?
Rental rates exhibit specific trends across the micromarkets of Vizag North. As of June 2026, Madhurawada stands out with an average rental rate of ₹150 per sq ft, which has remained stable with a 0% change. This higher rental rate compared to the broader micromarket average of ₹91 per sq ft indicates that Madhurawada is a preferred location for renters, potentially offering better connectivity or amenities.
How should investors use the property rate data for Vizag North?
Investors should use the property rate data for Vizag North to identify value gaps and growth potential by comparing the average asking prices across different neighbourhoods and project statuses. For instance, observing that Ready To Move properties are priced at ₹4,700 per sq ft while Mid Stage projects are at ₹9,400 per sq ft as of June 2026 can help investors decide between immediate rental income or long-term capital appreciation. Always consider the appreciation or depreciation percentages provided to understand if a specific area or property type is currently trending upward or undergoing a market correction.
