Mohali
Garden Colony has established itself as a dynamic residential hub in Mohali, with current property prices averaging ₹5,450 per sq ft. Recent trends indicate a steady upward trajectory, supported by consistent interest in apartment units which have seen a growth of 7.35%. Rental demand across the vicinity remains stable, with many areas maintaining a consistent rental rate of ₹50 per sq ft. This market balance suggests a healthy environment for long-term real estate investment and residential occupancy.
As of March 2026, the average asking price in Garden Colony is ₹5,450 per sq ft. This rate has remained stable with a 0% change, indicating a balanced market environment for buyers and sellers in this locality.
Property rates in Garden Colony have shown a dynamic trajectory, with the micromarket rate reaching ₹13,050 per sq ft as of March 2026. Data from September 2025 indicated an average of ₹5,450 per sq ft, up from ₹5,050 per sq ft in June 2025, reflecting a period of steady growth in the local real estate market.
Property rates in Garden Colony vary significantly when compared to surrounding neighbourhoods in Mohali. For instance, as of March 2026, Sunny Enclave commands a higher average of ₹9,500 per sq ft, having appreciated by 4.68% compared to previous periods. In contrast, Kharar offers a more accessible entry point at ₹4,850 per sq ft, though it has seen a minor depreciation of 2.03%.
As of March 2026, the average asking price for an apartment in Garden Colony is ₹5,450 per sq ft. This segment has demonstrated strong growth, having appreciated by 7.35% compared to the prior period, signaling sustained demand for apartment-style living in this area.
Rental rates across the broader region, including areas like Kharar, Sector 127, and Mullanpur, are currently consistent at approximately ₹50 per sq ft as of March 2026. While many of these areas have maintained stable rental values, some, such as Kharar, have experienced a rental depreciation of 14.29%, and Sector 127 has seen a 4.55% decrease, providing potential tenants with more competitive options.
Investors looking at the rental market near Garden Colony will find a uniform rental rate of ₹50 per sq ft across several key hubs like Kharar Landran Road, Sector 77, and Sector 66 B as of March 2026. While the rental yield is currently not specified, the stability in rental rates across these diverse locations suggests a consistent demand for rental properties, which is a key consideration for those evaluating long-term income potential.
Buyers should use the provided data to benchmark their property search against current market averages and historical trends. By observing that the average asking price in Garden Colony is ₹5,450 per sq ft as of March 2026, and comparing it with the performance of neighbouring sectors like Sector 126—which saw a significant 27.03% appreciation—prospective buyers can better identify areas offering the best value and growth potential for their investment.
