Property Rates in Vizag North, Vizag 2026

Property rates in Vizag North have shown a fluctuating trajectory during 2026. As of September 2026, the average asking price stood at ₹5,400 per sq ft, following a rise from ₹5,050 per sq ft in March 2026 to ₹5,400 per sq ft in June 2026. This movement indicates a dynamic market where pricing adjustments are responsive to shifting supply and buyer activity.

Property rates vary significantly across neighbourhoods in Vizag North, with MVP Colony commanding the highest average asking price at ₹7,900 per sq ft, which has remained stable. Other prominent areas include Yendada at ₹6,250 per sq ft (appreciating by 5.06%), Kommadi at ₹5,300 per sq ft (appreciating by 1.49%), and Madhurawada at ₹5,250 per sq ft (appreciating by 8.12%). More affordable options are available in Pothinamallayya Palem at ₹4,800 per sq ft (appreciating by 1.82%), Bakkannapalem at ₹4,250 per sq ft (stable), and Sujatha Nagar at ₹4,050 per sq ft (appreciating by 2.8%).

Villas in Vizag North are priced at a significant premium compared to apartments, with an average asking price of ₹11,750 per sq ft as of September 2026, marking a substantial appreciation of 49.48% over the analyzed period. In contrast, apartments are priced at ₹5,400 per sq ft, which has appreciated by 6.94% over the same timeframe. This stark price gap highlights the premium value placed on independent villa living within the region.

Property prices in Vizag North are influenced by project status, with Ready To Move projects averaging ₹4,500 per sq ft, reflecting a depreciation of 4.77% compared to previous periods. Under Construction projects are also priced at ₹4,500 per sq ft, showing a depreciation of 4.7% over the same period. Meanwhile, New Launch projects are available at an average of ₹3,950 per sq ft, which has seen a depreciation of 10.65%. These trends suggest a market correction or increased inventory availability across various stages of development.

As of September 2026, Vaisakhi Skypark in Yendada leads the market with a listing rate of ₹10,000 per sq ft, maintaining stable pricing. Other high-value projects include MK Gold Coast in Yendada at ₹9,350 per sq ft (appreciating by 7.39%), and CMR Karlan Grand in MVP Colony at ₹9,000 per sq ft, which has remained stable. These projects represent the premium segment of the Vizag North residential market, offering high-end amenities that justify their current price positioning.

The average rental rate in Madhurawada is ₹150 per sq ft as of September 2026. This rate has remained stable, indicating a consistent rental market environment for tenants and landlords in this specific neighbourhood of Vizag North.

Investors should view the Vizag North market as a diverse landscape where established localities like MVP Colony command premium rates of ₹7,900 per sq ft, while emerging areas like Sujatha Nagar offer entry-level opportunities at ₹4,050 per sq ft. With apartment prices appreciating by 6.94% as of September 2026, the market shows resilience. Investors should carefully weigh the high capital appreciation seen in the villa segment (49.48%) against the more moderate growth in the apartment sector to align with their specific risk-return profiles.