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Mohali · 140301

Mohali Sector 123, Chandigarh

Mohali Sector 123 is a residential sector in Mohali within the Tricity belt of Chandigarh. It is a well-planned area with good road connectivity and proximity to IT parks and educational institutions. The sector is popular among buyers and renters working in the Mohali IT corridor.

Recent & Future Developments

What's New in Mohali Sector 123, Chandigarh

Live news feed — last updated 07 July 2026

07 Jul2026

Mohali-Sirhind Greenfield Highway Nears Completion, Promises Shorter Travel Times

The 27.37-km Mohali-Sirhind Greenfield Highway is nearing completion and is expected to open by September. This new highway will significantly reduce travel time between Mohali and Sirhind to approximately 30 minutes, and between Patiala and Chandigarh to just one hour.

Source: The Tribune
02 Jul2026

Kurali-Kharar Corridor Set for Planned Urban Expansion Under New Master Plan

Following the development of Mohali and New Chandigarh, the Kharar-Kurali corridor is set to become the next growth area with GMADA preparing a separate master plan for Kurali and its surrounding villages. This initiative aims to regulate land use and guide urban growth, ensuring sustainable infrastructure developmen

Source: Hindustan Times
23 Jun2026

Mohali-Rajpura Railway Line Project Gains Momentum with Land Acquisition

Land acquisition for the 18.11 km Mohali-Rajpura railway line has intensified, with GMADA officials hearing objections from farmers in villages like Saneta and Dhelpur. The project, estimated to cost ₹443 crore and expected to be completed by 2028, aims to improve rail connectivity in the region.

Source: The Tribune
12 May2026

Punjab Government Clears Land Acquisition for Mohali-Rajpura Rail Line

The Punjab Government has finalized the land acquisition process for the Mohali-Rajpura new railway line project. This paves the way for the formal commencement for the Rs 443-crore project, which aims to provide a direct rail link between Punjab's Malwa region and Chandigarh.

Source: The Tribune
06 May2026

Mohali Municipal Corporation proposes Rs 5 crore sanitation enhancement plan

The Mohali Municipal Corporation has proposed a Rs 5 crore plan to strengthen the city's sanitation system by deploying additional manpower and hiring tractor-trolleys. The proposal, to be tabled in the House, aims to divide the city into four zones for better waste management.

Source: The Indian Express
28 Apr2026

Punjab Government Reverts Building Bye-Laws, Restoring Previous Rules

The Punjab government has withdrawn the Punjab Unified Building Bye-Laws, 2025,reinstating the 2021 Building Rules and 2018 Bye-Laws. This policy reversal follows concerns raised about legal, procedural, and infrastructural shortcomings. The restoration of the earlier rules aims to provide a more stable and established regulatory framework for construction in the region.

Source: The Tribune
Explore Key Amenities & Commute

What's Around Mohali Sector 123, Chandigarh

Schools, transit, healthcare and essentials within walking distance — plus quick travel-time estimates to Chandigarh's top business hubs.

map
Nearby Places
  • North Country Mall
    Shopping Mall
    2.4 km
  • Max Super Speciality Hospital
    Hospital
    4.1 km
  • Treasure Island
    Shopping Mall
    4.2 km
  • Sector 39 Plaza
    Office Park
    5.2 km
  • Royal Lodge
    Hotel
    5.3 km

Plan your Commute Travel time from Mohali Sector 123, Chandigarh

Property Demand vs Supply

Where the Market is Moving

Real-time signals from buyer searches and active inventory in Mohali Sector 123, Chandigarh.

  • Sale
  • Rent
By Property Type
Demand
Supply
Apartment
33%
12%
Independent House
61%
67%
Plot
4%
23%
By BHK
Demand
Supply
3 BHK
85%
86%
5 BHK
10%
15%
By Budget
Demand
Supply
50 L - 2 Cr.
100%
100%
By Property Type
Demand
Supply
Builder Floor
100%
100%
By BHK
Demand
Supply
2 BHK
100%
100%
By Budget
Demand
Supply
15000 - 30000
100%
100%
Mohali Sector 123 Spotlight

Top Projects in Mohali Sector 123, Chandigarh

Trusted Developers

Top Builders in Mohali Sector 123, Chandigarh

Browse Inventory

Properties Available in Mohali Sector 123, Chandigarh

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  • By Property Type
  • By BHK
Properties in Mohali Sector 123, Chandigarh
Flats in Mohali Sector 123 Chandigarh
for Sale
Properties in Mohali Sector 123, Chandigarh
Independent Houses in Mohali Sector 123 Chandigarh
for Sale
Properties in Mohali Sector 123, Chandigarh
Residential Plots in Mohali Sector 123 Chandigarh
for Sale
Properties in Mohali Sector 123, Chandigarh
3 BHK Flats
in Mohali Sector 123 Chandigarh for Sale
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  • By BHK
Properties in Mohali Sector 123, Chandigarh
Builder Floors in Mohali Sector 123 Chandigarh
for Rent
Properties in Mohali Sector 123, Chandigarh
2 BHK Flats
in Mohali Sector 123 Chandigarh for Rent
Neighborhood

Localities around Mohali Sector 123, Chandigarh

Compare top neighbouring localities and discover micro-markets nearby.

Average Sale Price
₹ 5,350/sq. ft
Rental Yield
3.9%
Average Sale Price
₹ 4,900/sq. ft
Rental Yield
3.9%
23
New Projects
5
For Sale
5
For Rent
Average Sale Price
₹ 4,200/sq. ft
Rental Yield
3.9%
Average Sale Price
₹ 12,200/sq. ft
Rental Yield
3.9%
Average Sale Price
₹ 9,000/sq. ft
Rental Yield
3.9%
Average Sale Price
₹ 6,700/sq. ft
Rental Yield
3.9%
Average Sale Price
₹ 9,550/sq. ft
Rental Yield
3.9%
7
New Projects
1
For Sale
1
For Rent
Average Sale Price
₹ 4,950/sq. ft
Rental Yield
3.9%
6
New Projects
1
For Sale
1
For Rent
Rental Yield
3.9%
6
New Projects
1
For Sale
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