Visakhapatnam real estate sees renewed traction in 2025: CREDAI
The real estate sector in Visakhapatnam regained growth momentum in 2025, driven by infrastructure-led confidence, improved land market activity, and rising interest in emerging growth corridors, according to the CREDAI Visakhapatnam Chapter.
After a cautious start to the year, market sentiment improved steadily, particularly in the second half, as clarity emerged on key infrastructure projects and government-led land auctions sent positive signals to the market.
“The first quarter saw some hesitation from buyers due to affordability concerns and broader economic uncertainty. However, confidence returned once infrastructure timelines became clearer and land auctions reflected strong demand,” said E. Ashok Kumar, President, CREDAI Visakhapatnam Chapter.
He pointed out that VMRDA land auctions played a critical role in reviving sentiment. “The sharp increase in auction bids clearly indicates renewed investor confidence. Historically, these auctions set the tone for private developments, especially in plotted housing segments,” he noted.
The north and north-west corridors of the city, including Madhurawada, Anandapuram, Rushikonda, and Kapuluppada, continued to emerge as preferred destinations in 2025. Mr. Ashok Kumar said data centres, cable landing infrastructure, and IT-related investments were strengthening Visakhapatnam’s long-term growth story. “These are not short-term triggers. Buyers are responding to the credibility of execution and the long-term employment potential these projects bring,” he said.
Progress on the Bhogapuram international airport further improved market confidence. “The airport is a game-changer. As construction milestones become more visible, we are seeing increased enquiries for residential layouts, villas, and supporting commercial developments along the airport corridor,” he added.
While residential prices across the city largely remained stable, selective appreciation was recorded in well-connected suburban micro-markets. Developers reported stronger demand from end-users upgrading to larger homes and from investors focusing on clean-title, infrastructure-backed projects.
“With multiple demand drivers now active, 2025 has helped reset the growth trajectory for Visakhapatnam real estate. If infrastructure execution continues as planned, the momentum is expected to sustain into 2026,” Mr. Ashok Kumar said.