Mohali
Garden Colony presents a balanced residential landscape with average apartment prices holding steady at ₹5,450 per sq ft. The market has seen a positive momentum of 7.35% for apartments, signaling strong buyer confidence and steady demand for quality living spaces. Rental activity across surrounding areas like Kharar Road, Sector 82, and Mullanpur remains consistent, with most locations maintaining an average rental rate of ₹50 per sq ft. This stability provides a predictable environment for both investors and tenants looking for reliable housing options in Mohali.
As of June 2026, the average asking price in Garden Colony is ₹5,450 per sq ft. This rate has remained stable, showing a 0% change compared to previous periods, which often indicates a balanced market environment where supply and demand are currently well-aligned.
Property prices in the Garden Colony micromarket have shown a positive trajectory, moving from ₹7,100 per sq ft in March 2026 to ₹7,650 per sq ft as of June 2026. This upward movement reflects growing interest in the area, suggesting that the micromarket is experiencing a phase of strengthening demand.
Apartments in Garden Colony are currently priced at an average of ₹5,450 per sq ft as of June 2026. This segment has seen significant appreciation, with rates rising by 7.35% compared to the previous period, signaling strong buyer preference for apartment-style living in this locality.
Rental rates in the vicinity of Garden Colony generally hover around ₹50 per sq ft, as seen in areas like Kharar Road, Sas Nagar, Sector 88, Mullanpur, Sector 82, and Sector 82 A, all of which have maintained stable rental pricing with 0% change. However, Sector 66 B stands out as a notable exception, where rental rates have appreciated by 4.76% to reach ₹50 per sq ft, indicating a localized increase in rental demand within that specific sector.
The rental market surrounding Garden Colony is characterized by consistent pricing, with most neighbouring sectors maintaining an average rental rate of ₹50 per sq ft as of June 2026. While most areas have seen stable rents, the appreciation of 4.76% in Sector 66 B suggests that investors looking for potential rental growth may find more dynamic opportunities in specific pockets rather than across the entire region.
Property rates in the areas surrounding Garden Colony show significant variation, ranging from ₹3,500 per sq ft in Sector 115 to a premium of ₹28,900 per sq ft in Sector 89 as of June 2026. For instance, Sector 126 has experienced substantial growth with a 27.03% appreciation to reach ₹5,650 per sq ft, while Kharar Road has also seen strong gains of 24.63%, reaching ₹4,250 per sq ft. Conversely, areas like Kharar and Sector 115 have seen minor depreciations of 2.03% and 4.01% respectively, highlighting the importance of evaluating each neighbourhood's specific market performance.
A buyer should use the June 2026 average asking price of ₹5,450 per sq ft as a baseline to evaluate property value in Garden Colony. By comparing this against the trends in neighbouring areas—such as the high-growth trajectory in Sector 126 or the premium pricing in Sector 89—a buyer can determine whether a property is competitively priced relative to the broader regional market. Always consider the 0% price stability in Garden Colony as a sign of a steady, predictable market compared to more volatile neighbouring sectors.
