Mohali
The real estate market in Garden Colony is currently marked by a consistent asking price of ₹5,450 per sq ft, supported by a growing preference for apartment-style living. As the area matures, it continues to draw interest from both homebuyers and investors seeking stable returns in the Mohali region. Rental demand remains balanced across nearby corridors, with many surrounding areas maintaining a steady rental rate of ₹50 per sq ft. This stability provides a clear outlook for those looking to enter the market or expand their current holdings.
As of June 2026, the average asking price in Garden Colony is ₹5,450 per sq ft. This rate has remained stable with a 0% change compared to previous periods, reflecting a consistent market valuation for residential apartments in this locality.
The micromarket rate in Garden Colony has shown an upward trajectory, reaching ₹7,650 per sq ft in June 2026 compared to ₹7,100 per sq ft in March 2026. This growth indicates a strengthening demand for properties in the area over the last quarter.
Property prices vary significantly across the region, with Garden Colony's average of ₹5,450 per sq ft sitting between more affordable areas like Sector 115 at ₹3,500 per sq ft and premium pockets like Sunny Enclave, where villas average ₹9,500 per sq ft. Other nearby areas include Sector 126 at ₹5,650 per sq ft and Sector 121 at ₹8,950 per sq ft. These variations allow buyers to choose between different budget segments depending on their specific location preferences within Mohali.
Apartments in Garden Colony are currently priced at an average of ₹5,450 per sq ft as of June 2026. This segment has seen a positive growth, having appreciated by 7.35% compared to the previous period, signaling healthy demand for apartment-style living in this locality.
Rental rates in the vicinity of Garden Colony are currently consistent across several key neighbourhoods, with Kharar Road, Sas Nagar, Mullanpur, and Sector 82 all recording an average rental rate of ₹50 per sq ft as of June 2026. These rates have remained stable with a 0% change, providing a predictable cost environment for tenants looking for residential options in these areas.
While most surrounding areas have seen stable rental rates, Sector 66 B has experienced growth, with rental rates reaching ₹50 per sq ft as of June 2026. This reflects an appreciation of 4.76% compared to the previous period, suggesting that Sector 66 B is seeing increased rental demand compared to other nearby localities.
Investors should view the current average asking price of ₹5,450 per sq ft in Garden Colony alongside the observed appreciation in apartment prices to gauge capital growth potential. By comparing these sale rates with the rental rates of ₹50 per sq ft found in nearby sectors, investors can better estimate the income potential relative to the capital outlay required for property acquisition in the broader Mohali region.
