Mohali Sector 115 is a developing residential sector in Chandigarh, falling under the Mohali micromarket with pin code 140307. The area is part of the growing outer belt of Mohali that has expanded as buyers look for affordable residential options within the tricity area covering Chandigarh, Mohali, and Panchkula.
Mohali Sector 115 sits in the northern belt of Mohali near the Kharar Banur Road corridor. It is part of a cluster of sectors in the 100 plus number range that have seen steady residential development over the past decade. The locality has a mix of apartment complexes, builder floors, and small group housing societies priced meaningfully below the Chandigarh city average of Rs 8,200 per sq ft making it attractive for budget and mid segment buyers in the region.
The area is surrounded by Sector 115 Chandigarh, Mohali Sector 113, Kharar Banur Road, Mohali Sector 127, Mohali Sector 117, Mohali Sector 126, Mohali Sector 125, South Kharar, and Central Kharar These sectors and localities together form the developing northern and outer residential belt of Mohali.
Currently there are 3 properties available for sale in Mohali Sector 115.
Property Prices and Market Insights
The average sale price in Mohali Sector 115 is 5,100 per sq ft which is considerably below the Chandigarh city average of Rs 8,200 per sq ft. This gap of nearly Rs 3,100 per sq ft makes Mohali Sector 115 one of the more affordable sectors in the tricity residential market.
Key Price Data:
Metric | Value |
Average Sale Price | 5,100 |
Chandigarh City Average | Rs 8,200 per sq ft |
Government Registered Rate | 5,100 |
Government Registered Transactions | |
Gross Transaction Value | |
Transaction Period | |
Price Comparison with Nearby Localities:
Locality | Average Price Per Sq Ft |
Mohali Sector 126 | Rs 9,750 |
Mohali Sector 117 | Rs 6,350 |
Kharar Banur Road | Rs 5,400 |
Mohali Sector 115 | Rs 5,100 |
South Kharar | Rs 4,950 |
Mohali Sector 127 | Rs 4,850 |
Mohali Sector 125 | Rs 3,950 |
Central Kharar | Rs 4,200 |
Mohali Sector 115 sits in the middle of its peer cluster, above Sector 127, Sector 125, and Central Kharar while being below Mohali Sector 117 and significantly below Sector 126. This position reflects its developing but reasonably supported residential character.
Rental Prices:
Configuration | Monthly Rent |
2 BHK | Rs 21,000 |
3 BHK | Rs 25,000 |
Property Demand Split for Sale:
Metric | Value |
Property Type Demand | Apartment (100%) |
Property Type Supply | Apartment (34%) |
BHK Configuration Demand | 2 BHK (100%) |
BHK Configuration Supply | 2 BHK (67%) |
Budget Demand | Rs 50 Lakh to Rs 2 Crore (100%) |
Budget Supply | Rs 50 Lakh to Rs 2 Crore (67%) |
A very clear demand picture emerges from this data. All buyers want apartments and specifically 2 BHK units in the Rs 50 Lakh to Rs 2 Crore range. The supply of apartments is only 34% of what demand requires showing a significant gap between what buyers want and what is currently listed. This undersupply in the apartment category combined with the 33% gap in budget range supply creates a real opportunity signal for developers and owners who bring appropriately priced 2 BHK apartments to market.
Government Registered Transactions
The transaction data provides a ground level view of genuine buying activity in this developing Mohali sector.
Residential Projects in Mohali Sector 115
Mohali Sector 115 has 13 new projects across different stages. Ubber Group leads with 6 projects all ready to move. Army Welfare Housing Organisation has 2 projects and Paradise Builders, Om Divine Developers, and JTPL Townships all have multiple projects active here.
Key Ready to Move Projects:
Under Construction Projects:
Leela Orchid Greens
Decent Homes
New Launch Projects:
TDI South Extension II
Sai The Grand Sky
The presence of Army Welfare Housing Organisation (AWHO) is notable as these projects typically attract defence personnel and retirees who want stable and well managed housing communities in the tricity area.
Connectivity and Transport in Mohali Sector 115
Mohali Sector 115 is located in the outer belt of Mohali and its connectivity depends primarily on road access rather than metro or rail infrastructure.
Roads:
- The Kharar Banur Road corridor is the main artery serving the broader 115 to 127 sector belt connecting to Kharar town, the Landran Road junction, and the broader Chandigarh Mohali network
- The sector connects to the internal road grid of Mohali's planned sector layout
Bus:
- Dhanas Bus Stop is the listed accessible bus stop at 11.76 km which is very far and confirms that daily bus connectivity to the immediate locality is limited
- ISBT Sector 43 is 9.49 km away for inter city travel
- ISBT Sector 17 is 13.02 km away
Airport:
- Shaheed Bhagat Singh International Airport is 14.58 km away making Mohali Sector 115 accessible for air travel within about 30 minutes in normal traffic
Hospitals:
- Ivy Hospital is 6.20 km away and is one of the most well known multi speciality hospitals in the Mohali belt
- Max Super Speciality Hospital is 7.25 km away
- Mayo Hospital is 7.39 km away
- Fortis Hospital is 8.61 km away
The cluster of major hospitals within 6 to 9 km is one of the strongest practical advantages of Mohali Sector 115 making healthcare access relatively good despite the outer belt location.
Shopping Malls Near Mohali Sector 115:
- North Country Mall is just 4.14 km away — a large and popular mall in the Mohali belt
- Parsvnath Mall Matrix (4.64 km)
- Treasure Island (6.21 km)
Three malls within 5 km is a genuine positive for residents and covers most daily shopping and entertainment needs without long travel.
Schools Near Mohali Sector 115:
- Doon International School (7.91 km)
- Delhi Public School (8.88 km)
- Yadvindra Public School (9.04 km)
- Aanchal International School (9.06 km)
- Lawrence Public School (9.16 km)
- Manav Mangal Smart School (10.18 km)
All schools are 7.91 km or more away which is a meaningful practical limitation for families who need to manage daily school runs.
Stadiums Near Mohali Sector 115:
- Punjab Cricket Association IS Bindra Stadium is 9.34 km away, one of the most famous cricket stadiums in India hosting international matches
Parks Near Mohali Sector 115:
- Rose Garden is 13.62 km away which is the only park listed in the amenities data confirming very limited open park access in the immediate locality
Hotels Near Mohali Sector 115:
- Hotel Tulip Regency (6.33 km)
- JW Marriott Hotel Chandigarh (11.84 km)
Office Parks:
- Sector 39 Plaza is 8.81 km away
- DLF Hyde Park is 14.71 km away
Quality of Life in Mohali Sector 115
Mohali Sector 115 is priced at Rs 5,100 per sq ft and offers buyers in the Rs 50 Lakh to Rs 2 Crore range access to the Mohali residential market at below city average prices. The locality is practical for families who have personal vehicles and can manage longer school and hospital runs. North Country Mall within 4.14 km and three major hospitals within 7 to 9 km are strong practical positives. The airport at 14.58 km is also accessible for regular travellers.
Property Valuation 
