Mohali
The property market in Banur has experienced a remarkable evolution, with current average asking prices reaching ₹7,550 per sq ft. This growth is driven by a surge in demand for well-planned residential apartments, which have seen a massive 151.72% increase in value over the recent period. Rental activity in neighboring sectors of Mohali remains stable at ₹50 per sq ft, providing a steady baseline for the broader regional market. Future development potential continues to attract interest as property values align with the expanding infrastructure in the corridor.
As of March 2026, the average asking price in Banur is ₹7,550 per sq ft. This rate has remained stable with a change percentage of 0% compared to the previous period, indicating a period of price consistency in the local residential apartment market.
Property prices for apartments in Banur have shown significant growth, with the average price reaching ₹7,550 per sq ft as of March 2026. This represents a substantial appreciation of 151.72% compared to the prior period, reflecting a strong shift in market valuation for residential apartment units in this locality.
Property rates in Banur, currently at ₹7,550 per sq ft as of March 2026, sit in a competitive position relative to surrounding areas. For instance, Sector 79 and Sector 80 command higher premiums at ₹26,900 per sq ft (up 3.46%) and ₹24,950 per sq ft (up 5.14%) respectively, while more accessible options include Sector 117 at ₹5,150 per sq ft (up 1.6%) and Sector 116 at ₹4,850 per sq ft (down 6.43% from the previous period). These variations highlight the diverse price points available across the broader region.
Rental rates in the vicinity of Banur show varied performance as of March 2026. In Aerocity, the average rental rate is ₹50 per sq ft, which has seen a depreciation of 9.52% compared to the previous period. Meanwhile, areas like Sector 66 B and Sector 77 have maintained stable rental rates of ₹50 per sq ft with a 0% change, suggesting a steady demand environment in these specific sectors.
Investors looking at the Banur region should note that while specific rental data for Banur itself is currently limited, nearby hubs like Aerocity, Sector 66 B, and Sector 77 all report average rental rates of ₹50 per sq ft as of March 2026. The depreciation observed in Aerocity (down 9.52%) versus the stability in Sector 66 B and Sector 77 (0% change) provides a useful benchmark for assessing potential rental income consistency when evaluating properties in the broader Mohali real estate market.
