Mohali
Garden Colony has established itself as a vibrant residential pocket in Mohali, currently commanding an average price of ₹5,450 per sq ft. Market activity remains focused on apartment living, which has seen a notable appreciation of 7.35% in recent periods. While surrounding sectors like Sector 124 and Sunny Enclave offer premium villa options at higher price points, Garden Colony provides a balanced entry point for prospective homeowners. Rental demand is also steady across the region, with average rates hovering around ₹50 per sq ft in nearby established pockets.
As of Sep 2026, the average asking price in Garden Colony stands at ₹5,450 per sq ft. This rate has remained stable with a change percentage of 0% over the observed period, indicating a period of price equilibrium in this locality for residential apartments.
The micromarket rates in Garden Colony have shown a consistent upward trajectory throughout 2026. Data indicates the rate rose from ₹7,100 per sq ft in Mar 2026 to ₹7,650 per sq ft in Jun 2026, and further reached ₹7,700 per sq ft by Sep 2026. This steady growth suggests resilient demand for properties within this specific micromarket area.
Property rates vary significantly across the vicinity of Garden Colony. For instance, Sunny Enclave and Sector 123 command higher average asking prices of ₹9,300 per sq ft and ₹9,350 per sq ft respectively, both having seen slight depreciations. Conversely, more accessible options are available in Sector 115 and Kharar Road, both currently priced at an average of ₹4,300 per sq ft, with Kharar Road maintaining price stability while Sector 115 has appreciated by 6.38%.
Apartments in Garden Colony are currently priced at an average of ₹5,450 per sq ft as of Sep 2026. This segment has experienced notable growth, having appreciated by 7.35% compared to the previous period, reflecting strong buyer interest in apartment-style living within this locality.
Rental rates in the areas surrounding Garden Colony are currently consistent at ₹50 per sq ft across several key locations. Specifically, Kharar Road and Mullanpur both maintain an average rental rate of ₹50 per sq ft with stable pricing (0% change). Meanwhile, Sector 88 also averages ₹50 per sq ft, though this represents a depreciation of 10% compared to the previous period, suggesting a potential softening in rental demand in that specific sector.
Users can leverage this data to compare the average asking price of ₹5,450 per sq ft in Garden Colony against surrounding areas like Sector 124 or Sunny Enclave to determine value for money. By observing the quarterly price trends—such as the rise from ₹7,100 to ₹7,700 per sq ft in the micromarket—buyers can gauge market momentum. Furthermore, comparing apartment-specific appreciation of 7.35% against broader locality trends helps in identifying which property types are currently outperforming the market.
