Mohali
The real estate market in Aerocity is currently experiencing a notable upward trend, with property values rising significantly to reach an average of ₹9,450 per sq ft. This growth is driven by robust demand across both residential apartment segments and commercial shop spaces, which command a premium at ₹34,150 per sq ft. Rental activity remains active, offering investors a steady rental yield of 2.41% despite some cooling in average monthly rental rates. The area continues to attract diverse interest due to its strategic location and evolving infrastructure, positioning it as a key investment destination in Mohali.
As of March 2026, the average asking price in Aerocity is ₹9,450 per sq ft. This figure reflects a significant market movement, having appreciated by 13.9% compared to previous periods. Such an upward trend in the average asking price suggests robust demand for residential apartments in this locality, signaling strong interest from both homebuyers and investors looking to enter the Aerocity market.
The property price trend in Aerocity has shown a dynamic trajectory, with the average asking price reaching ₹9,450 per sq ft as of March 2026. Data from the preceding quarters indicates a recovery and growth phase: after dipping to ₹7,700 per sq ft in September 2025 and ₹8,300 per sq ft in December 2025, the current rates represent a positive shift from the volatility observed in mid-2025. This upward movement suggests that the market is stabilizing with renewed buyer confidence.
Property prices in Aerocity, currently at ₹9,450 per sq ft, sit in the mid-to-high range when compared to surrounding sectors in Mohali. For instance, Sector 116 and Sector 117 offer more affordable entry points at ₹4,850 per sq ft (which depreciated by 6.43% compared to previous periods) and ₹5,150 per sq ft (which appreciated by 1.6%), respectively. Conversely, premium areas like Sector 79 and Sector 80 command significantly higher rates for villas, at ₹26,900 per sq ft (up 3.46%) and ₹24,950 per sq ft (up 5.14%), respectively, highlighting the diverse investment landscape in the region.
As of March 2026, property prices in Aerocity vary significantly by type, with shops commanding the highest premium at ₹34,150 per sq ft, reflecting an appreciation of 15.94% over the observed period. Villas are also a premium segment, priced at ₹21,550 per sq ft with a 12.73% appreciation. Meanwhile, apartments remain the most accessible residential option at ₹9,450 per sq ft, which has also seen a healthy appreciation of 13.9% compared to the prior period, indicating consistent demand across all asset classes.
As of March 2026, the average rental rate in Aerocity is ₹19 per sq ft, which has seen a depreciation of 9.52% compared to the previous period. The current rental yield stands at 2.41%, a metric that investors often use to evaluate the income-generating potential of their property relative to the capital investment. While the rental market has experienced a slight softening, the yield provides a baseline for those considering long-term rental income alongside potential capital appreciation.
Rental rates in Aerocity scale according to the size of the unit, catering to a wide range of tenant profiles as of March 2026. A studio apartment typically rents for ₹13,000 per month, while a 1 BHK unit averages ₹15,200 per month. For larger families, 2 BHK and 3 BHK units are available at average monthly rents of ₹23,500 and ₹31,550, respectively. Premium options include 4 BHK units at ₹66,000 per month and 5 BHK units reaching ₹1.26 Lakh per month, offering diverse choices for both short-term and long-term residents.
Both apartments and villas in Aerocity currently command an average rental rate of ₹50 per sq ft as of March 2026. However, the market performance for these segments has differed; villa rentals have seen a depreciation of 4.76% compared to the prior period, while apartment rentals have experienced a sharper depreciation of 9.52%. These figures provide essential context for landlords and investors looking to understand the current rental demand and potential income adjustments in the locality.
Investors should view the 13.9% appreciation in apartment sale prices (as of March 2026) as a sign of strong capital growth, while balancing this against the current rental yield of 2.41%. The fact that sale prices are rising while rental rates have seen a recent depreciation of 9.52% suggests that the market is currently driven more by capital appreciation than immediate rental income. This environment may be more favorable for long-term investors looking for asset value growth rather than those seeking high immediate cash flow from rentals.
