The real estate market in Mohali demonstrates a balanced growth pattern, supported by a diverse inventory of residential and commercial properties. Prices have shown steady upward movement, with current asking rates reflecting consistent buyer interest. The rental market is equally active, providing attractive yields for investors looking at various configurations from studio apartments to spacious 5 BHK units. New project launches continue to drive supply, while ready-to-move options remain highly sought after by those prioritizing immediate occupancy.
As of September 2026, the average asking price in Mohali stands at ₹7,700 per sq ft. This figure reflects a steady upward trajectory, having appreciated by 7.8% over the observed period. This consistent growth indicates resilient demand for residential properties across the city, suggesting a healthy market environment for both end-users and long-term investors.
Property prices in Mohali have shown a clear upward movement throughout 2026, rising from ₹7,100 per sq ft in March 2026 to ₹7,650 per sq ft in June 2026, and reaching ₹7,700 per sq ft by September 2026. This consistent quarterly growth highlights sustained buyer interest and a tightening supply, which has supported price appreciation over the course of the year.
Property rates in Mohali vary significantly by asset class as of September 2026. Shops currently command the highest average price at ₹23,250 per sq ft, though they have seen a depreciation of 31.83% compared to previous periods. In contrast, office spaces are priced at ₹12,350 per sq ft (appreciating by 0.13%), villas at ₹11,650 per sq ft (depreciating by 6.24%), showrooms at ₹10,000 per sq ft (appreciating by 16.94%), and apartments at ₹7,700 per sq ft (appreciating by 0.31%).
As of September 2026, Ready To Move properties in Mohali are priced at an average of ₹5,200 per sq ft, having appreciated by 14.89% over the comparison period. Under Construction projects are priced higher at ₹7,400 per sq ft, with rates remaining stable at 0% change. Meanwhile, New Launch projects command the highest premium at ₹8,900 per sq ft, showing a modest appreciation of 0.6%.
Investors in Mohali can expect an average rental yield of 2.98%, with the average rental rate currently at ₹19 per sq ft as of September 2026. This rental rate has remained stable with 0% change over the observed period. A yield of nearly 3% provides a consistent income stream for property owners, making the city a balanced choice for those looking to combine capital appreciation with rental returns.
Rental rates in Mohali scale significantly based on the size of the unit as of September 2026. Monthly rents start at ₹13,100 for a Studio apartment, increasing to ₹18,000 for a 1 BHK, ₹26,400 for a 2 BHK, and ₹38,600 for a 3 BHK. For larger requirements, 4 BHK units average ₹71,800 per month, while 5 BHK properties command approximately ₹1.26 Lakh per month. This range allows tenants to choose options that align with their budget and space requirements.
As of September 2026, office spaces and apartments in Mohali both command an average rental rate of ₹50 per sq ft, with rates for both categories remaining stable at 0% change. Villas also average ₹50 per sq ft, though this segment has experienced a significant depreciation of 35.29% in rental rates compared to the previous period, suggesting a shift in demand or an increase in available rental inventory for larger independent homes.
As of September 2026, several projects stand out in Mohali for their premium positioning. Noble Aurellia in Sector 88 leads with a listing rate of ₹9,700 per sq ft, having appreciated by 9.45%. Other notable projects include Noble Magnollia in Sector 88 at ₹8,100 per sq ft (stable at 0% change), Homeland Global Park CP Atelier in the Industrial Area at ₹7,400 per sq ft (stable at 0% change), and SBP Hillwood Greens in Lalru at ₹5,200 per sq ft, which has seen an appreciation of 14.89%.
The 0% change in Under Construction property prices in Mohali as of September 2026 indicates a period of price consolidation. For buyers, this stability at ₹7,400 per sq ft suggests a predictable entry point without the volatility seen in other segments. It often signals that developers are maintaining competitive pricing to sustain sales velocity in the current market cycle.
Mohali presents a compelling case for both segments as of September 2026. With a steady city-wide price appreciation of 7.8% and a rental yield of 2.98%, investors benefit from both capital growth and recurring income. Meanwhile, end-users have a diverse range of options, from affordable Ready To Move projects at ₹5,200 per sq ft to premium New Launch developments at ₹8,900 per sq ft, allowing for flexibility based on individual financial goals.