Vizag South Property Rates — ₹3,500/sq ft (+1.62%)

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Property Rates in Vizag
Property Rates in Vizag South

Property rates in Vizag South average ₹3,500 per sq ft. The market has seen fluctuating trends over the past year, with current values reflecting a steady demand for residential apartments. Key localities like Kurmannapalem and Gajuwaka continue to drive activity, while premium developments like Vishwanadh The Sky command significantly higher prices. This micromarket offers a balanced mix of ready-to-move projects and emerging residential hubs, catering to diverse investor and homebuyer needs across the region.

Insights

Insights for Vizag South, Vizag Real Estate Market Overview

The Vizag South real estate market presents a dynamic landscape characterized by varied property valuations and consistent development activity. Recent trends indicate that while some areas have seen price corrections, the overall interest in residential apartments remains robust. Buyers are increasingly focusing on established localities which offer better connectivity and amenities, influencing local price points and project demand. The presence of both ready-to-move and under-construction inventory provides flexible options for those looking to invest or reside in the city.

Kurmannapalem residential apartments have recorded a positive price growth of 2.98%, reflecting rising demand.
Atchutapuram remains an affordable entry point for investors with average rates at ₹3,000 per sq ft and a growth of 3.08%.
Ready-to-move projects are available at an average of ₹3,250 per sq ft, offering immediate value to buyers.
Premium projects like Vishwanadh The Sky set a high-end benchmark at ₹12,000 per sq ft.
Apartment prices in the region have seen a modest increase of 1.62%, highlighting a stable residential segment.

Market Strengths

Diverse residential options ranging from ₹3,000 to ₹12,000 per sq ft accommodate a wide spectrum of buyer budgets.
Gajuwaka maintains steady demand with apartment prices showing a growth of 1.9%.
Atchutapuram is showing healthy momentum with a 3.08% rise in property rates.
The market features a healthy mix of ready-to-move and under-construction inventory, catering to varied possession timelines.
High-end projects like Abhiram Nirman Touchstone Towers continue to attract significant interest with a 75.79% price surge.

Market Challenges

The villa segment has experienced a price decline of -4.55%, suggesting a cooling demand in the luxury detached housing category.
Ready-to-move projects have seen a slight price correction of -2.46%, which may impact short-term resale value for some owners.

Investment Opportunities

Atchutapuram offers a strong value proposition for budget-conscious investors with entry rates at ₹3,000 per sq ft.
Kurmannapalem has demonstrated a solid price growth of 2.98%, indicating potential for steady capital appreciation.
Ready-to-move apartments at ₹3,250 per sq ft provide an attractive entry point for those seeking immediate rental income or occupancy.
The 37.37% price appreciation in projects like Terra Alpha The Celest highlights the high growth potential of well-located Gajuwaka developments.

Top Localities in Vizag South, Vizag

Thagarapuvalasa

Avg Price ₹ 3,400 /Sq.Ft.

LISTINGS 3

Maharani Peta

Avg Price ₹ 6,850 /Sq.Ft.

LISTINGS 1

Price Trend

Vizag South, Vizag Property Price Trends and Appreciation

Property rates in Vizag South have undergone adjustments over the past year, moving from ₹4,050 per sq ft in September 2025 to a current average of ₹3,500 per sq ft. This trend reflects the broader volatility seen across the city, which fluctuated from ₹5,100 per sq ft to ₹4,800 per sq ft during the same period. Local market dynamics continue to shape these quarterly shifts, influenced by both supply and buyer sentiment.

Asking Price Trends

₹ 3,500/Sq.Ft + 1.62 % QoQ

Sep 2025 — Jun 2026

Quarter	City Rate
Jun 2026	3500
Mar 2026	3450
Dec 2025	3550
Sep 2025	4050

About Asking Price Trends

Vizag South Property Price Comparison

By Localities
By Property Type
By Property Status

Location	Rate (₹/Sq.Ft)	Change %
Gajuwaka	3,950	1.9
Kurmannapalem	3,650	3
Atchutapuram	3,000	3.1

The Vizag South micromarket is anchored by diverse localities that cater to different budget segments. Gajuwaka commands an average rate of ₹3,950 per sq ft, showing a steady growth of 1.9%. Meanwhile, Kurmannapalem is priced at ₹3,650 per sq ft with a 2.98% increase, and Atchutapuram offers a more accessible entry at ₹3,000 per sq ft, which has appreciated by 3.08%.

Type	Rate (₹/Sq.Ft)	Change %
Villa	5,350	-4.5
Apartment	3,500	1.6

Residential apartments in Vizag South are priced at an average of ₹3,500 per sq ft, experiencing a growth of 1.62%. In contrast, the villa segment is currently valued at ₹5,350 per sq ft, despite witnessing a market correction of -4.55%. This range allows buyers to choose between high-end luxury living and more standard residential units based on their specific requirements.

Status	No of Project	Rate (₹/Sq.Ft)	Change %
Ready To Move	8	3,250	-2.5
Under Construction	1	4,550	-

The market provides a mix of supply options, with ready-to-move projects averaging ₹3,250 per sq ft across 8 units, reflecting a -2.46% change. For those seeking newer construction, there is under-construction inventory priced at ₹4,550 per sq ft. This distribution helps buyers balance their need for immediate possession against the potential for future capital appreciation.

Project & Developer Insights

Top Residential Projects and Developers in Vizag South

KP Arena ₹ 56.9 L - ₹ 92.5 L

Vizag North, 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 ₹ 88.77 L - ₹ 1.42 Cr

Vizag North, Vizag

New Launch

Under Construction

Ready to Move

Legend Estates

1 Projects
21 Years

Prajay Engineers ₹ 75.15 L - ₹ 1.08 Cr

1 Projects
25 Years

MVV Builders ₹ 67.52 L - ₹ 1.44 Cr

37 Projects

Vinayagar Promoters and Builders ₹ 88 L - ₹ 1.72 Cr

27 Projects

Vishwanadh Avenues Private Limited ₹ 36.27 L - ₹ 2.73 Cr

16 Projects

Vaisakhi Construction ₹ 76.95 L - ₹ 2.47 Cr

12 Projects

Chilukuri Housing Projects Pvt Ltd ₹ 36.45 L - ₹ 54.9 L

6 Projects

Sardar ₹ 25.25 L - ₹ 30.94 L

5 Projects

Burugupalli Infrastructures ₹ 55.5 L - ₹ 55.5 L

5 Projects

Sri Vaibhav Sai Homes ₹ 25.28 L - ₹ 49.35 L

4 Projects

Top Projects by Listing Rates

Listing Rate

Project Name	Rate (₹/Sq.Ft)	Change %
Vishwanadh The Sky, Satya Sai Nagar	12,000	-
Abhiram Nirman Touchstone Towers, Kurmannapalem	7,450	75.8
Terra Alpha The Celest, Gajuwaka	4,650	37.4
Navadeep Classic, Kurmannapalem	4,550	-
Swarna Plaza, Gajuwaka	4,300	28.1
Srirama Elite, Atchutapuram	4,000	-
Srirama Empire, Atchutapuram	3,800	-
Srirama Manor, Atchutapuram	3,800	-
Sri Nivasam Apartments, Gajuwaka	3,600	-
Sardar Nest, Gajuwaka	3,550	34.3

Premium residential developments in Vizag South are anchored by Vishwanadh The Sky in Satya Sai Nagar, which leads the market at ₹12,000 per sq ft. Abhiram Nirman Touchstone Towers in Kurmannapalem follows with a significant price growth of 75.79%, reaching ₹7,450 per sq ft. Other notable projects like Terra Alpha The Celest in Gajuwaka are priced at ₹4,650 per sq ft, showing strong appreciation of 37.37%.

Explore Property Rates in Top Cities

Mumbai

Avg. Asking Price ₹ 37,700 /Sq.Ft

Govt Registration Rate ₹ 18,300 /Sq.Ft

Delhi

Avg. Asking Price ₹ 18,200 /Sq.Ft

Thane

Avg. Asking Price ₹ 16,000 /Sq.Ft

Govt Registration Rate ₹ 9,650 /Sq.Ft

Gurgaon

Avg. Asking Price ₹ 15,100 /Sq.Ft

Pune

Avg. Asking Price ₹ 13,550 /Sq.Ft

Govt Registration Rate ₹ 8,750 /Sq.Ft

Noida

Avg. Asking Price ₹ 12,650 /Sq.Ft

Govt Registration Rate ₹ 9,100 /Sq.Ft

Bangalore

Avg. Asking Price ₹ 12,400 /Sq.Ft

Chennai

Avg. Asking Price ₹ 9,200 /Sq.Ft

Kolkata

Avg. Asking Price ₹ 6,800 /Sq.Ft

Lucknow

Avg. Asking Price ₹ 6,600 /Sq.Ft

Govt Registration Rate ₹ 7,550 /Sq.Ft

Micromarket-Wise Property Price Trends Around Vizag South, Vizag

Vizag North

Avg. Asking Price ₹ 5,400 /Sq.Ft

Vizag Central

Avg. Asking Price ₹ 5,250 /Sq.Ft

More insights about Vizag South, Vizag

Vizag South, Vizag Overview

FAQ

Frequently Asked Questions About Property Rates in Vizag South, Vizag

What is the current average asking price in Vizag South?

As of June 2026, the average asking price in Vizag South is ₹3,500 per sq ft. This figure reflects an appreciation of 1.62% compared to the previous period, signaling a steady demand for residential properties in this micromarket.

How have property prices in Vizag South trended recently?

Property prices in Vizag South have shown a fluctuating but generally resilient trend, moving from ₹4,050 per sq ft in September 2025 to ₹3,550 in December 2025, dipping to ₹3,450 in March 2026, and recovering to ₹3,500 per sq ft as of June 2026. This trajectory indicates that while the market experienced a correction earlier in the year, it is currently stabilizing, offering a more predictable entry point for prospective buyers.

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

Property prices vary significantly across the region, with Gajuwaka commanding an average asking price of ₹3,950 per sq ft, which has appreciated by 1.9% over the observed period. Kurmannapalem follows with an average of ₹3,650 per sq ft, showing strong growth with an appreciation of 2.98%, while Atchutapuram offers a more accessible entry point at ₹3,000 per sq ft, having appreciated by 3.08%.

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

As of June 2026, apartments in Vizag South are priced at an average of ₹3,500 per sq ft, which has appreciated by 1.62%. In contrast, villas are currently priced at ₹5,350 per sq ft, reflecting a depreciation of 4.55% from the previous period, which may suggest a shift in buyer preference or an adjustment in premium segment supply.

How do Ready To Move and Under Construction property prices differ in Vizag South?

As of June 2026, Ready To Move properties in Vizag South are available at an average of ₹3,250 per sq ft, which has depreciated by 2.46% compared to the prior period. Meanwhile, Under Construction projects are priced higher at ₹4,550 per sq ft, with rates remaining stable at 0% change, indicating that developers are maintaining firm pricing for new inventory despite broader market fluctuations.

Which are the most premium projects by listing rates in Vizag South?

The most premium project in Vizag South is Vishwanadh The Sky in Satya Sai Nagar, which carries a listing rate of ₹12,000 per sq ft as of June 2026, with prices remaining stable at 0% change. Other notable high-value projects include Abhiram Nirman Touchstone Towers in Kurmannapalem at ₹7,450 per sq ft, which has seen significant appreciation of 75.79%, and Terra Alpha The Celest in Gajuwaka at ₹4,650 per sq ft, which has appreciated by 37.37%.

How should a buyer interpret the price stability in certain Vizag South projects?

Projects like Navadeep Classic in Kurmannapalem and Srirama Elite in Atchutapuram have maintained a stable listing rate of ₹4,550 and ₹4,000 per sq ft respectively, with 0% change as of June 2026. For a buyer, this stability often signals a mature project phase or a balanced supply-demand environment where the developer is not aggressively adjusting prices, making it a reliable indicator for long-term value assessment.