Mohali
The real estate corridor along the Kharar-Kurali Highway has experienced a dynamic shift in property valuations, with current average prices reaching ₹6,600 per sq ft. Investors are observing a clear upward trend in capital values, bolstered by a robust demand for residential apartments and commercial showrooms. Rental activity remains stable across the region, with established hubs like Kharar and Mullanpur maintaining consistent rental benchmarks. Developers are actively catering to this demand, ensuring a steady supply of new projects that align with evolving buyer expectations. This combination of capital appreciation and steady rental yields makes the region an attractive focal point for property seekers.
As of March 2026, the average asking price in Kharar-Kurali Highway stands at ₹6,600 per sq ft. This rate has remained stable, showing no change compared to the previous period, which suggests a balanced market environment for buyers and sellers in this region.
The property market on the Kharar-Kurali Highway has shown significant volatility in its micromarket rates, reaching ₹13,050 per sq ft as of March 2026. Looking at the quarterly trajectory, the location rate was ₹6,600 per sq ft in December 2025, following a dip to ₹4,900 per sq ft in September 2025 and ₹5,150 per sq ft in June 2025. This fluctuation highlights the importance of monitoring specific quarterly data when planning a property investment.
Property rates vary significantly across nearby areas, with Sector 77 commanding a premium at ₹27,050 per sq ft, having appreciated by 16.97% from the previous period. Other notable areas include Sunny Enclave at ₹9,500 per sq ft (up 4.68%) and Sector 121 at ₹8,950 per sq ft (up 11.29%). Conversely, more affordable options are available in Sector 115 at ₹3,500 per sq ft, which saw a depreciation of 4.01%, and Kharar at ₹4,850 per sq ft, which depreciated by 2.03% over the same timeframe.
As of March 2026, showrooms are priced at an average of ₹13,150 per sq ft, having appreciated by 2.72% from the previous assessment. Apartments, meanwhile, are available at an average asking price of ₹6,600 per sq ft, reflecting a substantial appreciation of 33.81% compared to the prior period. This sharp rise in apartment pricing indicates strong demand for residential units along this corridor.
Rental rates across the region are consistently valued at ₹50 per sq ft as of March 2026. This rate is observed across multiple key locations, including Kharar, Sunny Enclave, Sector 127, Sector 77, Mullanpur, and Sector 66 B. While the rate is uniform, the market sentiment varies; for instance, rentals in Kharar have depreciated by 14.29% and in Sector 127 by 4.55%, while other areas like Sunny Enclave and Sector 77 have maintained stable rental pricing with no change.
Investors should note that while the average asking price for apartments is ₹6,600 per sq ft as of March 2026, the rental market across various local hubs is currently pegged at ₹50 per sq ft. The stability in rental rates across several micromarkets, contrasted with the high appreciation in residential apartment sale prices, suggests that the area is currently driven more by capital appreciation than immediate high-yield rental returns. Prospective investors should evaluate their long-term holding capacity against these specific growth trends.
