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Insights for Vizag South, Vizag Real Estate Market Overview

The Vizag South property market maintains steady growth, with average asking prices hovering around ₹3,500 per sq ft. Recent trends indicate consistent interest in residential apartments, supported by a range of price points across key localities like Gajuwaka and Kurmannapalem. Ready-to-move projects currently dominate the local supply, providing reliable investment opportunities for buyers prioritizing immediate possession. The market continues to evolve as developers introduce projects that cater to varying budgetary needs while maintaining competitive pricing structures.

  • Gajuwaka remains a high-demand locality with an average rate of ₹4,100 per sq ft and a positive price change of 3.66%.
  • Ready-to-move apartments show strong performance with an average price of ₹3,350 per sq ft and a 4.13% growth.
  • Kurmannapalem offers a more accessible entry point at ₹3,700 per sq ft with a 1.53% increase in property values.
  • Premium projects like Vishwanadh The Sky reach up to ₹12,000 per sq ft, highlighting the high-end potential of the area.

Market Strengths
  • Strong preference for ready-to-move inventory with a 4.13% price increase.
  • Gajuwaka locality maintains a high-value status with a 3.66% growth in property rates.
  • Consistent apartment pricing at ₹3,500 per sq ft provides market stability.
  • Diverse project range from ₹3,800 to ₹12,000 per sq ft accommodates various investor profiles.
  • Positive growth trends in Atchutapuram and Kurmannapalem suggest expanding interest in the outskirts.
Market Challenges
  • Villa segment prices have experienced a decline of -4.55%, indicating a softer demand compared to apartments.
  • Navadeep Classic in Kurmannapalem has seen a significant price correction of -14.52%.
Investment Opportunities
  • Ready-to-move apartments in Gajuwaka offer a stable investment with a 3.66% price appreciation.
  • Atchutapuram presents an affordable entry point at ₹3,050 per sq ft for long-term value appreciation.
  • Kurmannapalem shows consistent demand with a 1.53% growth rate, ideal for balanced investment portfolios.
  • Ready-to-move projects across the micromarket demonstrate a strong 4.13% growth, favoring immediate ROI.
Top Localities in Vizag South, Vizag

Thagarapuvalasa

Avg Price ₹ 3,400 /Sq.Ft.
LISTINGS 4

Maharani Peta

Avg Price ₹ 6,850 /Sq.Ft.
LISTINGS 1
Price Trend

Vizag South, Vizag Property Price Trends and Appreciation

Property values in Vizag South have remained resilient, moving from ₹3,550 in late 2025 to a consistent ₹3,500 per sq ft throughout 2026. This trend reflects a steady market environment compared to the broader city of Vizag, which has seen more significant fluctuations in average rates. The current pricing stability provides a reliable baseline for both potential homeowners and investors.
Asking Price Trends
₹ 3,500/Sq.Ft + 0.51 % QoQ
Dec 2025 — Sep 2026
Quarter City Rate
Sep 2026 3500
Jun 2026 3500
Mar 2026 3450
Dec 2025 3550
About Asking Price Trends
Vizag South Property Price Comparison
  • By Localities
  • By Property Type
  • By Property Status
Location Rate (₹/Sq.Ft) Change %
Gajuwaka 4,100 3.7
Kurmannapalem 3,700 1.5
Atchutapuram 3,050 2
Gajuwaka stands as the premium hub in this region, commanding an average rate of ₹4,100 per sq ft. Nearby, Kurmannapalem offers a balanced alternative at ₹3,700 per sq ft, reflecting a steady 1.53% growth. Atchutapuram provides a more budget-friendly entry point at ₹3,050 per sq ft, representing a 2.01% increase, making it an attractive option for value-conscious buyers.
Type Rate (₹/Sq.Ft) Change %
Villa 5,350 -4.5
Apartment 3,500 0.5
The market in Vizag South primarily features residential apartments, which average ₹3,500 per sq ft and have experienced a modest growth of 0.51%. While villas are also present at a higher average of ₹5,350 per sq ft, they have seen a price adjustment of -4.55% recently. This variety allows buyers to choose between high-end villa lifestyles and more liquid, accessible apartment living.
Status No of Project Rate (₹/Sq.Ft) Change %
Ready To Move 8 3,350 4.1
Under Construction - - -
Project & Developer Insights

Top Residential Projects and Developers in Vizag South

Top Projects in Vizag South
Utkarsha Vajradhaara is the top project in Vizag South.
Utkarsha Vajradhaara Price On Request
  • Vizag South, Vizag
KP Arena ₹ 56.9 L - ₹ 92.5 L
  • Vizag North, Vizag
KP Bay Walk ₹ 1.59 Cr - ₹ 2.51 Cr
  • Vizag Central, Vizag
Karlan Square ₹ 1.58 Cr - ₹ 1.94 Cr
  • Vizag Central, Vizag
Karlan CMR One ₹ 2.06 Cr - ₹ 5.14 Cr
  • Vizag Central, Vizag
CMR Karlan Grand ₹ 1.54 Cr - ₹ 2.41 Cr
  • Vizag North, Vizag
CMR Karlan Residency ₹ 1.27 Cr - ₹ 1.77 Cr
  • Vizag North, Vizag
Iconica Capitol and The Crown ₹ 1.83 Cr - ₹ 4.22 Cr
  • Vizag North, Vizag
Utkarsha Capital Towers ₹ 70.28 L - ₹ 1.13 Cr
  • Vizag North, Vizag
View More
New Launch
Under Construction
Ready to Move
Top Developers in Vizag
Legend Estates leads in Vizag with 1 projects and 21 years of experience.
DLF
Legend Estates
  • 1 Projects
  • 21 Years
DLF
Prajay Engineers ₹ 75.15 L - ₹ 1.08 Cr
  • 1 Projects
  • 25 Years
DLF
MVV Builders ₹ 67.52 L - ₹ 1.44 Cr
  • 38 Projects
DLF
Vinayagar Promoters and Builders ₹ 71.55 L - ₹ 1.72 Cr
  • 27 Projects
DLF
Vishwanadh Avenues Private Limited ₹ 36.27 L - ₹ 2.73 Cr
  • 16 Projects
DLF
Vaisakhi Construction ₹ 76.95 L - ₹ 2.47 Cr
  • 12 Projects
DLF
Subhagruha Projects ₹ 16.17 L - ₹ 76 L
  • 8 Projects
DLF
UTKARSHA CONSTRUCTIONS ₹ 25 L - ₹ 1.13 Cr
  • 7 Projects
DLF
Chilukuri Housing Projects Pvt Ltd ₹ 36.45 L - ₹ 54.9 L
  • 6 Projects
DLF
Sardar ₹ 25.25 L - ₹ 48.26 L
  • 5 Projects
View More
Top Projects by Listing Rates
  • Listing Rate
Premium residential developments are setting high benchmarks in Vizag South, with Vishwanadh The Sky in Satya Sai Nagar leading at ₹12,000 per sq ft. Abhiram Nirman Touchstone Towers in Kurmannapalem also commands a premium at ₹7,450 per sq ft. Other notable projects like Raja The Reef and Terra Alpha The Celest offer diverse options at ₹5,000 and ₹4,650 per sq ft respectively, catering to different lifestyle preferences.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 37,700 /Sq.Ft
Govt Registration Rate ₹ 18,300 /Sq.Ft
Avg. Asking Price ₹ 19,000 /Sq.Ft
Avg. Asking Price ₹ 15,100 /Sq.Ft
Avg. Asking Price ₹ 13,550 /Sq.Ft
Govt Registration Rate ₹ 8,750 /Sq.Ft
Avg. Asking Price ₹ 12,650 /Sq.Ft
Govt Registration Rate ₹ 9,100 /Sq.Ft
Avg. Asking Price ₹ 12,400 /Sq.Ft
Avg. Asking Price ₹ 9,400 /Sq.Ft
Govt Registration Rate ₹ 3,650 /Sq.Ft
Avg. Asking Price ₹ 9,200 /Sq.Ft
Avg. Asking Price ₹ 6,950 /Sq.Ft
Avg. Asking Price ₹ 6,600 /Sq.Ft
Govt Registration Rate ₹ 7,550 /Sq.Ft

Micromarket-Wise Property Price Trends Around Vizag South, Vizag

Avg. Asking Price ₹ 5,400 /Sq.Ft
Avg. Asking Price ₹ 5,250 /Sq.Ft

More insights about Vizag South, Vizag

FAQ

Frequently Asked Questions About Property Rates in Vizag South, Vizag

What is the current average asking price in Vizag South?

As of September 2026, the average asking price in Vizag South stands at ₹3,500 per sq ft. This rate has seen a marginal appreciation of 0.51% compared to previous periods, reflecting a stable and steady demand for residential properties in this micromarket.

How have property prices in Vizag South trended over the last year?

Property prices in Vizag South have shown overall stability, with the micromarket rate moving from ₹3,550 per sq ft in December 2025 to ₹3,500 per sq ft as of September 2026. While there were minor fluctuations throughout the year, the current rate of ₹3,500 per sq ft indicates a resilient market that has largely maintained its value despite broader city-wide shifts, where the city average reached ₹4,850 per sq ft in September 2026.

How do property rates compare across different neighbourhoods in Vizag South?

Property rates vary significantly across the region, with Gajuwaka currently commanding an average asking price of ₹4,100 per sq ft, which has appreciated by 3.66% over the observed period. Kurmannapalem follows with an average asking price of ₹3,700 per sq ft, reflecting an appreciation of 1.53%, while Atchutapuram offers a more accessible entry point at ₹3,050 per sq ft, having appreciated by 2.01%.

What is the price difference between apartments and villas in Vizag South?

As of September 2026, apartments in Vizag South are priced at an average of ₹3,500 per sq ft, showing a modest appreciation of 0.51%. In contrast, villas are positioned at a premium with an average price of ₹5,350 per sq ft; however, this segment has experienced a depreciation of 4.55% compared to previous periods, suggesting a potential market correction or shift in buyer preference toward apartment-style living.

What is the price difference between Ready To Move and Under Construction properties in Vizag South?

Ready To Move properties in Vizag South are currently priced at an average of ₹3,350 per sq ft, which has seen a notable appreciation of 4.13% as of September 2026. Currently, there is no available data for Under Construction projects in this micromarket, indicating that the current supply is heavily concentrated in completed, move-in-ready inventory.

Which projects in Vizag South are currently listed at the highest rates?

Vishwanadh The Sky in Satya Sai Nagar leads the market with a listing rate of ₹12,000 per sq ft, followed by Abhiram Nirman Touchstone Towers in Kurmannapalem at ₹7,450 per sq ft. Other premium options include Raja The Reef in Krishnarayapuram at ₹5,000 per sq ft and Terra Alpha The Celest in Gajuwaka at ₹4,650 per sq ft. These rates have remained stable as of September 2026, with the exception of Navadeep Classic in Kurmannapalem, which is listed at ₹3,900 per sq ft after a 14.52% depreciation.

How should a buyer interpret the property rates data for Vizag South?

Buyers should use the provided data to benchmark their investment against the micromarket average of ₹3,500 per sq ft as of September 2026. By comparing specific localities like Gajuwaka (₹4,100 per sq ft) against more affordable areas like Atchutapuram (₹3,050 per sq ft), investors can identify value-for-money opportunities. Additionally, tracking the appreciation trends—such as the 4.13% growth in Ready To Move units—helps in understanding which property segments are currently experiencing the highest demand.

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