Mohali
The real estate market along Kharar Landran Road is currently shaped by a competitive pricing structure and a strong rental yield, making it an attractive destination for investors. While capital values have fluctuated over recent quarters, the steady demand for rental residential units provides a consistent foundation for the area. The market caters to a wide spectrum, featuring everything from residential apartments to commercial showrooms. This variety ensures that the area remains relevant for different buyer profiles, from those looking for primary homes to those focusing on commercial growth.
As of March 2026, the average asking price in Kharar Landran Road stands at ₹4,050 per sq ft. This rate has remained stable with a 0% change, indicating a period of price equilibrium in the local residential apartment market.
Property prices in Kharar Landran Road have shown a downward trajectory over the last few quarters. The location rate moved from ₹4,350 per sq ft in June 2025 to ₹4,250 per sq ft in September 2025, and further to ₹4,050 per sq ft in December 2025. This consistent quarter-over-quarter decline suggests a softening of demand or an increase in supply availability, which may provide a more favorable entry point for prospective buyers.
As of March 2026, property prices in Kharar Landran Road vary significantly by type: showrooms command the highest average price at ₹10,100 per sq ft, having appreciated by 39.26% compared to the previous period. Villas are priced at an average of ₹7,100 per sq ft, reflecting a depreciation of 9.83%, while apartments are the most affordable segment at ₹4,050 per sq ft, which has seen a depreciation of 4.85% over the same timeframe.
Property rates across neighbourhoods near Kharar Landran Road show a wide range, with Sector 77 reaching as high as ₹27,050 per sq ft (an appreciation of 16.97% compared to the previous period). In contrast, Sector 115 offers a more accessible entry point at ₹3,500 per sq ft, though this represents a depreciation of 4.01%. Other areas like Sector 126 have seen significant growth, with rates reaching ₹5,650 per sq ft, marking a substantial appreciation of 27.03%.
As of March 2026, the average rental rate in Kharar Landran Road is ₹20 per sq ft, a figure that has remained stable with 0% change. The area currently offers a rental yield of 5.93%, which is a key metric for investors to evaluate the potential annual income relative to the capital investment in a property.
As of March 2026, rental rates in Kharar Landran Road are segmented by unit size to cater to different tenant profiles. A 1 BHK apartment typically rents for ₹14,200 per month, while a 2 BHK apartment commands an average monthly rent of ₹18,550. These figures provide a clear baseline for landlords and tenants to understand the prevailing market value for residential apartments in the area.
Rental rates across various localities near Kharar Landran Road are currently uniform at ₹50 per sq ft, including areas like Kharar, Sector 127, Sunny Enclave, and Mullanpur. While rates in Sunny Enclave, Sector 77, Mullanpur, and Sector 66 B have remained stable with 0% change, the rental market in Kharar has seen a depreciation of 14.29%, and Sector 127 has experienced a depreciation of 4.55% as of March 2026.
A buyer should view the current price trends in Kharar Landran Road as a potential opportunity for negotiation. With the average asking price for apartments at ₹4,050 per sq ft as of March 2026 and a observed depreciation of 4.85% in this segment, the market conditions appear to favor end-users looking for value. Monitoring these trends helps in identifying whether the market is bottoming out or if further corrections are expected.
A rental yield of 5.93% in Kharar Landran Road, as of March 2026, indicates a healthy income-generating potential for residential assets. Investors typically use this percentage to compare the annual rental return against the property's purchase price, helping them decide if the location is suitable for a buy-to-let strategy compared to other investment avenues.
