Mohali
The real estate landscape in Banur is currently defined by a strong upward trajectory in apartment pricing, reaching an average of ₹7,550 per sq ft. This growth is complemented by a rental market across Mohali where several key sectors, including Aerocity, Sector 82, and Sector 88, maintain a consistent rental rate of ₹50 per sq ft. Market dynamics across the broader region show varied performance, with some areas experiencing notable appreciation while others maintain stable rental benchmarks. The current data highlights a clear preference for residential units that offer both affordability and long-term value.
As of June 2026, the average asking price in Banur is ₹7,550 per sq ft. This figure reflects the current market valuation for residential apartments in the area, providing a baseline for buyers and investors evaluating property opportunities in this locality.
Property prices in Banur have shown a positive trajectory, with the micromarket rate rising from ₹7,100 per sq ft in March 2026 to ₹7,650 per sq ft in June 2026. This upward movement indicates strengthening demand within the locality over the recent quarter.
Property prices in Banur, currently at ₹7,550 per sq ft, sit in a competitive range when compared to other Mohali neighbourhoods. For instance, premium areas like Sector 79 and Sector 80 command significantly higher rates at ₹26,900 per sq ft and ₹24,950 per sq ft respectively, while more accessible options like Sector 117 are priced at ₹5,150 per sq ft. These variations allow buyers to choose between high-end villa segments and more affordable apartment-focused localities based on their budget and lifestyle requirements.
Apartments in Banur have experienced significant appreciation, with the average price of ₹7,550 per sq ft as of June 2026 representing a substantial increase of 151.72% compared to the previous period. This sharp rise highlights a major shift in market valuation and growing interest in apartment-style residential developments in the region.
Rental rates across several Mohali sectors are currently uniform at ₹50 per sq ft, including in Sector 82 A, Sector 82, Sector 88, and Sas Nagar, as of June 2026. However, market dynamics vary; for example, while rates in Sector 66 B have appreciated by 4.76% compared to the previous period, Aerocity has seen a depreciation of 10.53% in its rental rates over the same timeframe. This consistency in base rent across many sectors suggests a stable rental baseline for the broader Mohali region, despite localized fluctuations in demand.
Investors evaluating the Mohali region should note that while many popular sectors like Sector 82 and Sector 88 maintain a stable rental rate of ₹50 per sq ft as of June 2026, performance can vary by specific location. The depreciation of 10.53% observed in Aerocity rental rates contrasts with the appreciation of 4.76% in Sector 66 B, indicating that rental income potential is highly sensitive to the specific micromarket. Analyzing these localized trends is essential for investors aiming to balance capital appreciation with consistent rental yields.
