Mohali
The Banur real estate market is currently characterized by strong price growth for residential apartments, which now average ₹7,550 per sq ft. This upward trend highlights the area's increasing appeal to homebuyers looking for value in the Mohali region. Rental demand remains steady across major nearby hubs, with several sectors maintaining consistent rental rates. Market participants should note the following key performance indicators:
As of Sep 2026, the average asking price in Banur stands at ₹7,550 per sq ft. This rate has remained stable with a 0% change, indicating a period of price consistency for residential apartments in the locality.
Property prices in Banur have shown a steady upward trajectory throughout 2026. Data indicates the micromarket rate rose from ₹7,100 per sq ft in Mar 2026 to ₹7,650 per sq ft in Jun 2026, and further to ₹7,700 per sq ft by Sep 2026, reflecting consistent demand in the area.
Property rates in Banur, currently at ₹7,550 per sq ft, are generally more accessible than premium nearby hubs. For instance, Aerocity commands an average asking price of ₹9,900 per sq ft, which has appreciated by 2.3% over the observed period, while Sector 85 sits at a higher ₹10,700 per sq ft, having appreciated by 0.83%. Conversely, areas like Sector 110 offer lower entry points at ₹5,050 per sq ft, though this area has seen a slight depreciation of 0.51%.
Apartments in Banur are currently priced at an average of ₹7,550 per sq ft as of Sep 2026. This segment has experienced significant growth, having appreciated by 151.72% compared to the previous benchmark period, highlighting a substantial shift in the market valuation for apartment-style living in this locality.
Rental rates in the broader region surrounding Banur are currently hovering around ₹50 per sq ft. While areas like Sector 82 A have maintained stable rental rates with a 0% change, other nearby markets have seen adjustments; for example, Aerocity has seen a rental depreciation of 51.11%, and Sector 88 has experienced a rental depreciation of 10% compared to previous cycles.
Rental rate stability, such as the ₹50 per sq ft observed in Sector 82 A with 0% change, suggests a balanced market where supply and demand are currently in equilibrium. Investors looking at the region should note that while some areas like Aerocity have seen significant rental depreciation of 51.11%, stability in other pockets indicates that specific micro-locations may offer more predictable rental income streams for landlords.
Users can leverage this data to compare the average asking price in Banur against neighbouring localities like Sector 98 or Sector 79 to identify value-for-money opportunities. By monitoring the quarterly price trends—such as the rise from ₹7,100 to ₹7,700 per sq ft between Mar 2026 and Sep 2026—buyers can gauge market momentum, while the rental data helps investors assess potential yield prospects in the wider Mohali region.
