The Mohali real estate market is currently navigating a dynamic phase characterized by shifting price points and diverse investment opportunities. While residential rates have undergone a recent correction, commercial segments like showrooms continue to demonstrate robust growth. Rental demand remains a key pillar of the city, supported by a wide range of residential unit types and consistent interest in office spaces. Ongoing development activity across various project statuses ensures a steady supply of options for both end-users and investors.
As of March 2026, the average asking price in Mohali stands at ₹13,050 per sq ft. This figure reflects a market depreciation of 11.42% compared to previous periods, indicating a softening in the broader residential market. Prospective buyers and investors should note that this price point is based on a total listing count of 7,886 properties, providing a substantial sample size for market evaluation.
Property prices in Mohali have shown a downward trajectory over the past nine months, moving from ₹16,300 per sq ft in June 2025 to ₹13,050 per sq ft as of March 2026. Specifically, the average rate shifted from ₹16,300 in June 2025 to ₹15,000 in September 2025, followed by ₹14,750 in December 2025, and finally reaching the current level. This consistent trend suggests a period of market correction, which may offer more competitive entry points for end-users compared to the higher valuations seen in mid-2025.
Property rates in Mohali vary significantly by asset class as of March 2026. Shops command the highest average price at ₹34,150 per sq ft, having appreciated by 15.94% over the relevant period. Conversely, apartments are priced at ₹7,100 per sq ft, reflecting a depreciation of 1.85%. Other segments include office spaces at ₹14,200 per sq ft (depreciated by 5.65%), villas at ₹13,050 per sq ft (depreciated by 11.42%), and showrooms at ₹10,000 per sq ft, which have seen a notable appreciation of 16.94%.
As of March 2026, Under Construction projects in Mohali are priced at an average of ₹7,400 per sq ft, while Ready To Move projects are available at ₹4,500 per sq ft. Additionally, New Launch projects currently hold an average price of ₹8,850 per sq ft. These rates have remained stable with 0% change recorded for these status categories, suggesting that developers are maintaining current price levels across different stages of project completion.
The average rental rate in Mohali is ₹19 per sq ft as of March 2026, which has experienced a depreciation of 13.64% compared to the previous period. The city currently offers a rental yield of 1.75%, a metric that investors use to gauge the annual income return relative to the property's purchase price. While this yield provides a baseline for rental income, investors should weigh it against the current capital price trends when evaluating long-term investment potential.
Rental rates in Mohali scale significantly based on the unit size as of March 2026. Monthly rents start at ₹13,100 for a Studio apartment, increasing to ₹15,500 for a 1 BHK, ₹22,800 for a 2 BHK, and ₹34,700 for a 3 BHK. For larger configurations, the market commands ₹65,650 per month for a 4 BHK and reaches ₹1.26 Lakh per month for a 5 BHK. This progression allows tenants to choose units aligned with their budget and space requirements while helping landlords understand the competitive rent bracket for their specific unit type.
Rental rates for different property types in Mohali show distinct performance as of March 2026. Both office spaces and villas command an average rental rate of ₹50 per sq ft, with villas showing an appreciation of 5% and office spaces appreciating by 1.89%. In contrast, apartments are renting at an average of ₹50 per sq ft, which reflects a depreciation of 13.64% compared to the previous period, highlighting a divergence in rental performance across residential and commercial segments.
As of March 2026, key projects in Mohali include Noble Aurellia in Sector 88, which is listed at ₹8,850 per sq ft, showing a depreciation of 8.72%. Other notable listings include Homeland Global Park CP Atelier in the Industrial Area at ₹7,400 per sq ft, and SBP Hillwood Greens in Lalru at ₹4,500 per sq ft. Both of these projects have maintained stable pricing with 0% change, reflecting a consistent market position for these specific developments.
