Peri-urban catchment areas are increasingly susceptible to floods due to rapid land use transformations and unplanned urban expansion. This study comprehensively examines flood vulnerability in the rapidly developing peri-urban areas of North Bhubaneswar, focusing on significant changes in Land Use/Land Cover (LULC) and hydrological dynamics from 2004 to 2024, utilizing Geographic Information System (GIS) tools. The analysis reveals substantial shifts in land use patterns, with the urban footprint expanding by 71.8%, cropland decreasing by 21.7%, and forest areas by 13.6%. These changes have led to increased impervious surfaces, resulting in higher surface runoff and decreased groundwater recharge, thereby exacerbating flood risks in the region. The GRID-based vulnerability analysis classifies 90 villages within the catchment area based on their vulnerability levels, identifying 20 villages as high-risk areas requiring urgent attention, 44 villages as medium vulnerable, and 26 villages as low vulnerable. These classifications are based on factors such as proximity to drainage networks, slope, geomorphology, and LULC characteristics, with areas near drainage channels and low-lying regions being prone to flooding. The analysis integrates multiple factors to provide a comprehensive assessment of flood risk, highlighting the need for sustainable land use planning, conservation of vegetated areas, and the implementation of advanced flood prevention strategies in the peri-urban areas. Extending this research to other fringe regions could offer further valuable insights, guiding flood prevention and sustainable development strategies for areas undergoing significant land use transformations to effectively mitigate future flood risks.