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Top 5 Developers Offering Affordable Flats in Visakhapatnam Under 1 Crore



Visakhapatnam is also known as Vizag, the epitome of beauty is one of India’s finest locations to live in. If you are looking for affordable flats in Visakhapatnam, we can assist you in finding the perfect budget apartment in Visakhapatnam.

Visakhapatnam is also known as Vizag, the epitome of beauty is one of India’s finest locations to live, and you don’t realise it until you’ve lived here. If you were born and raised in a city other than Visakhapatnam, there are various things you would notice when you visit and begin to live here.

There is no need for hush and bush in Visakhapatnam. You can sleep in a little later and still make it to work on time. There is no such thing as traffic; even if there is, it is resolved within minutes. You could go to a coffee shop, go to the office, go shopping, watch a movie, and have a gourmet dinner at a restaurant all in the same day and still have time to go home and prepare for the next day.

We’ve compiled a list of top developers who provide affordable flats in Visakhapatnam, have a look:

1. The Celest

Celest is a high-profile FDI project developed by SRS Private Investments’ private equity arm, a global investment group based in New York with extensive background in real estate investment in India.

Apartments in the project are designed with a great blend of contemporary architecture and features to provide a comfortable living environment. Celest Apartments in Vizag offers 2 and 3 BHK apartments with unrivalled vistas that are truly inspired by nature.

Developer: The Celest

Project: The Celest 

Address: Gajuwaka, Visakhapatnam

Status: Ready to move

Carpet area: 1,023 – 1,117  sq.ft. (95.04 – 103.77 sq.m.)

Prize: Rs 1.1 Cr (3 BHK)


  • Vizag’s First Foreign Direct Investment Real Estate Project
  • Located on NH-16, a short distance from Gajuwaka intersection and minutes from the airport, school, and hospitals.
  • Vastu-compliant three-sided open flats with a smart design.
  • A huge dinner hall with a view of the pool
  • Vizag’s first gated neighbourhood, featuring approximately 7 acres of manicured areas.
  • Large balconies and spacious apartments with beautiful views of the lush green parks
  • Solar power for outdoor lighting and reclaimed water for landscaped areas make this a green development.


  • Swimming Pool
  • Reading Lounge
  • Aerobics Centre
  • Restaurant
  • Theatre
  • Gazebo
  • Banquet Hall
  • Fountain
  • Shopping Centre

2. MK Builders and Developers

The real estate projects in Vishakhapatnam’s Endada neighbourhood have made it a very attractive place. MK Builders and Developers Gold Coast has established a familiarity with living on opulent plots in a project. The project is ready for occupancy, and there are numerous amenities nearby, including a bank, ATM, restaurant, gas station, higher education facilities, a park, and much more. 

The region is also well-connected to the rest of the city. The project also includes a multipurpose room, a 24-hour security system, a sewage treatment plant, a power backup facility system, automobile parking for each plot owner, and a children’s playground.

Developer: MK Builders and Developers

Project: MK Builders and Developers Gold Coast

Address: Endada, Visakhapatnam

Status: Ready to move

Carpet area: 3BHK+3T (1,975 sq ft) + Pooja Room

Prize: ₹ 88.88 L (3 BHK)


  • Balcony – Anti-skid tiles
  • Master bedroom – Vitrified Tiles
  • Teak Wood Frame Doors
  • Seasoned Hardwood Frame Internals


  • Gymnasium
  • Swimming Pool
  • Children’s play area
  • Club House
  • Cafeteria
  • Sports Facility


Summit 696 is a new residential property from Neptune, located near Madhurawada in Visakhapatnam. The project is ready to move into and includes all of the amenities necessary for a pleasant existence.

Rain Water Harvesting and Vaastu Compliant homes are all the key features of the Summit 696. Restaurants, banks, hospitals, ATMs, and schools are all close by, making daily life a breeze. Madhurawada is very well-connected to the rest of Visakhapatnam by public transportation.


Project: Neptune Summit 696

Address: Plot No 3, Near Cyber Valley, 100 Feet Midhilapuri Extension RoadMadhurawada, Visakhapatnam, Visakhapatnam

Status: Ready to move

Built Up area: Super Builtup Area : 2170.00 sq.ft at ₹4.0K per sq.ft

Prize: ₹ 86.78 L (3 BHK)


  • Equipped with amenities like rainwater harvesting
  • Key landmarks are easily accessible.
  • Schools, hospitals, restaurants, and banking are all easily accessible.


  • Open Air Theatre
  • Food Court
  • Video Door Security
  • Solar Lighting
  • Car Wash Area
  • Club House

4. AVL Builders

AVL Builders Narayanadri Heights, Madhurawada, Visakhapatnam offers a 3 BHK apartment house that is valued at Rs. 93.56 lakh and has a built-up area of 1570 sq ft (negotiable).

It is located on the 6th floor of the structure (the total number of floors are 11). As it overlooks the road, the house has a fantastic view. It is designed to give people a comfortable living environment.

Developer: AVL Builders

Project: AVL Narayanadri Heights

Address: Madhurawada, Visakhapatnam

Status: Ready to move

Built Up area: 1570 sq.ft

Prize: ₹ 93.56 lac (3 BHK)



  • 1. Garden View
  • 2. Pool View
  • 3. Road View


  • Children’s Play Area
  • Pipe-lined gas connection
  • Wifi-enabler Digital Homes

5. PRK Naga Anand Heights

PRK Naga Anand Heights apartments are located in one of Visakhapatnam’s most sought-after neighbourhoods. This is a property that does not require the use of a broker. The property is located on the fifth floor. There are a total of five levels in this building. This property has a Rs 1000 maintenance fee. The price of this apartment is Rs 88.0 L. 

The built-up area of this modern unit is 1270 square feet. This property faces west and has a nice view. There are three bedrooms and two bathrooms in this home. To ensure safety, a CCTV system is enabled.

Project: PRK Naga Anand Heights

Address: Akkayyapalem, Visakhapatnam

Status: Ready to move

Built Up area: 1270 sq.ft Build Up Area (Fully Furnished)

Prize: ₹ 88.0 L (3 BHK)


  • There is a power backup system available at this location. 
  • It is within walking distance of several of the city’s leading hospitals, including OMNI RK Super Speciality Hospital, SevenHills Hospital, and Maxivision Super Speciality Eye Hospital. 
  • KV Waltair School, N T School, and Sri Sai Brindavan Vidyaniketan are among the established schools in the area.


  • Garden
  • Full Power Backup
  • Garbage Disposal


Vizag excels in preserving cleanliness and decorum when it comes to road and building maintenance, earning it the title of one of the country’s cleanest cities. As a result, it is one of India’s most attractive places to settle down.

(Written by: Pratik Ghadge)

ALSO READ: SBI & U GRO Capital Enters Into Co-Lending Partnership To Offer MSME Loans Upto ₹ 500 Cr By March 2022

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