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Property Rates in Kharar, Mohali

Comprehensive Market Snapshot

Property rates in Kharar average ₹4,850 per sq ft, reflecting a period of price adjustment in the local housing market. While overall trends have seen fluctuations, specific pockets like Sector 126 and Kharar Road are showing robust growth of 27.03% and 24.63% respectively. Investors are currently finding a rental yield of 2.97%, supported by a consistent demand for apartment rentals across the region, making it a noteworthy area for steady real estate activity.

  • Asking Sale Price₹ 4,850 /sq.ft
  • Average Rental₹ 12 /sq.ft
  • Rental Yield2.97 %

Insights for Kharar, Mohali Real Estate Market

The Kharar real estate market presents a dynamic landscape where property values and rental yields are influenced by location-specific growth and evolving buyer preferences. While average apartment rates are currently pegged at ₹4,850 per sq ft, the market showcases significant variance in capital appreciation across different sectors. Rental demand remains healthy, particularly for 1 BHK and 3 BHK apartment configurations, which continue to attract consistent interest from tenants. Developers and investors are navigating this transition by focusing on areas with high growth potential and established demand.

  • Sector 126 and Kharar Road have emerged as high-growth micromarkets with appreciation rates of 27.03% and 24.63%.
  • Residential villas in Sector 77 command a premium average rate of ₹27,050 per sq ft.
  • The average rental rate across the region stands at ₹12 per sq ft, with a healthy rental yield of 2.97%.
  • Apartment rentals for 1 BHK units average ₹15,650 per month, while 3 BHK units command an average of ₹26,650 per month.

Market Strengths Market Strengths
  • Strong capital appreciation in Sector 126 with a 27.03% growth rate.
  • Robust demand for 3 BHK apartments, commanding average monthly rents of ₹26,650.
  • Consistent rental yield of 2.97% across the broader Kharar market.
  • Significant 24.63% price growth observed in the Kharar Road micromarket.
  • Premium villa segment in Sector 77 continues to attract high value at ₹27,050 per sq ft.
  • Steady tenant interest in apartment-style living across key sectors.
Market Challenges Market Challenges
  • The -14.29% decline in average rental rates suggests a need for careful pricing to attract tenants.
  • Apartment property types have seen a -2.03% downward adjustment in average asking prices.
  • Sector 115 has experienced a -4.01% change in average rates, indicating a softer market in that specific location.
  • Villas have seen a -1.8% change in average pricing, reflecting a slight cooling in the luxury segment.
  • Rental rates in Sector 127 have faced a -4.55% adjustment, requiring competitive rental strategies.
Investment Opportunities Investment Opportunities
  • Capitalize on high growth in Sector 126, which has recorded a 27.03% increase in property rates.
  • Target the 2.97% rental yield through apartment investments in high-demand residential sectors.
  • Leverage the steady rental demand for 1 BHK units, which currently average ₹15,650 per month.
  • Explore entry-level investment opportunities in Sector 115, where rates are currently at ₹3,500 per sq ft.
  • Consider the 24.63% appreciation seen along Kharar Road for potential long-term value growth.
Property Valuation

Comprehensive assessment of your property's current worth in the current market

Property Price Trends in Kharar, Mohali

Asking Price Trends

Property rates in Kharar have undergone a noticeable shift over the past year, moving from ₹5,350 per sq ft in June 2025 to a current average of ₹4,850 per sq ft by March 2026. This trend reflects the evolving valuation landscape within the region as the market balances supply and demand. After peaking in September 2025 at ₹5,450 per sq ft, prices have adjusted to reach the current levels observed in the first quarter of 2026.

Quarter City Rate
Mar 2026 4850
Dec 2025 4950
Sep 2025 5450
Jun 2025 5350
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Price Trends by Property Type

Kharar's real estate market caters to diverse buyer preferences across property categories. Commercial showrooms lead the premium segment at ₹9,650 per sq ft, experiencing stable growth. Residential options include villas averaging ₹8,550 per sq ft and apartments priced at ₹4,850 per sq ft, which have seen a slight adjustment of -2.03% over the recent period.

Type Rate (₹/sq.ft) Change %
Showroom 9,650 0.01
Villa 8,550 -1.8
Apartment 4,850 -2.03
Price Trends by Localities

The residential landscape in Kharar is highly varied, with rates differing significantly by location. Sector 77 stands out at the top of the price range, commanding an average of ₹27,050 per sq ft for villas. In contrast, more accessible options are found in Sector 115, which averages ₹3,500 per sq ft. Meanwhile, Sector 126 and Sector 121 offer mid-range to premium alternatives, priced at ₹5,650 per sq ft and ₹8,950 per sq ft respectively.

Location Rate (₹/sq.ft) Change %
Sector 115 3,500 -4
Sector 127 4,600 5.2
Sector 115 3,500 -4
Sunny Enclave 9,500 4.7
Sunny Enclave 9,500 4.7
Sector 126 5,650 27
Kharar Road 4,250 24.6
Sector 121 8,950 11.3
Sector 77 27,050 17
Sector 88 7,550 12.1

Property Rental Trends in Kharar, Mohali

Rental Trends by Unit Type

Rental trends for apartments in Kharar show a clear preference for different unit sizes. 1 BHK apartments currently rent for an average of ₹15,650 per month, while 3 BHK units provide more space at an average monthly rent of ₹26,650.

Unit Type Rate (₹)
1 Bhk 15,650
3 Bhk 26,650
Rental Trends by Nearby Localities

Rental rates across key locations in Kharar remain consistent at ₹50 per sq ft in areas like Kharar Landran Road, Sunny Enclave, and Sector 77. While most locations maintain stable rental values, Sector 127 has seen a slight adjustment of -4.55% compared to previous periods.

Locality Rate (₹/sq.ft) Change %
Kharar Landran Road 50 -
Sector 127 50 -4.5
Sunny Enclave 50 -
Sector 77 50 -
Sector 77 50 -
Mullanpur 50 -
Sector 66 B 50 -
Rental Trends by Property Type

The rental market for apartments in Kharar is currently priced at an average of ₹50 per sq ft. This sector has seen a change of -14.29% in rental rates over the recent monitoring period.

Property Type Rate (₹/sq.ft) Change %
Apartment 50 -14.3

FAQs about Property Rates in Kharar, Mohali

What is the current average asking price in Kharar as of March 2026?

The average asking price in Kharar is ₹4,850 per sq ft as of March 2026. This figure represents a depreciation of 2.03% compared to previous periods, reflecting a moderate market correction in the area. Understanding this price point is essential for buyers and investors to gauge the entry-level cost for residential apartments in this locality.

How have property prices in Kharar trended over the last few quarters?

Property prices in Kharar have shown a downward trajectory in the most recent quarter, moving from ₹4,950 per sq ft in December 2025 to ₹4,850 per sq ft in March 2026. Looking further back, the market experienced a peak of ₹5,450 per sq ft in September 2025, followed by a decline to ₹5,350 per sq ft in June 2025. This mixed trend indicates a softening in demand or an increase in supply that potential investors should monitor closely when planning their entry.

How do property rates vary across different neighbourhoods in Kharar?

Property rates vary significantly across the vicinity of Kharar, ranging from more affordable options to premium segments. For instance, Sector 115 offers an average asking price of ₹3,500 per sq ft, which has depreciated by 4.01% compared to the previous period. Conversely, premium areas like Sector 77 command much higher rates at ₹27,050 per sq ft, having appreciated by 16.97%. Other notable areas include Sector 126 at ₹5,650 per sq ft (up 27.03%) and Sector 121 at ₹8,950 per sq ft (up 11.29%), highlighting the diverse investment profiles available in the region.

What are the average asking prices for different property types in Kharar?

As of March 2026, the average asking price for an apartment in Kharar is ₹4,850 per sq ft, which has seen a depreciation of 2.03%. Villas are priced higher at an average of ₹8,550 per sq ft, reflecting a 1.8% depreciation. Meanwhile, showrooms remain the most premium segment with an average asking price of ₹9,650 per sq ft, maintaining relative stability with a marginal appreciation of 0.01%.

What is the average rental rate and rental yield in Kharar?

The average rental rate in Kharar is ₹12 per sq ft as of March 2026, which has depreciated by 14.29% compared to the previous period. The current rental yield stands at 2.97%, a key metric for investors to evaluate the income-generating potential of their property relative to the capital investment. This yield suggests that while rental demand exists, investors should balance their expectations against the current market price trends.

What is the BHK-wise rental pattern in Kharar?

Rental rates in Kharar vary by unit size, catering to different tenant profiles. A 1 BHK apartment currently commands an average rent of ₹15,650 per month, while a 3 BHK apartment is available at an average of ₹26,650 per month as of March 2026. These figures provide a clear benchmark for landlords setting competitive rents and for tenants looking to understand the monthly budget required for different living spaces in the locality.

How do rental rates compare across different areas in Kharar?

Rental rates are relatively uniform across several key areas in Kharar, with many localities such as Kharar Landran Road, Sunny Enclave, Sector 77, Mullanpur, and Sector 66 B all reporting an average rental rate of ₹50 per sq ft as of March 2026. Notably, Sector 127 also reports an average rental rate of ₹50 per sq ft, though this has seen a depreciation of 4.55% compared to the previous period. The stability in other sectors, with a 0% change, suggests a consistent rental market in those specific pockets.

How should a buyer interpret the property rates data on this page?

Buyers should use the property rates data to compare the current average asking price of ₹4,850 per sq ft against historical trends and neighbourhood-specific values. By observing that the market has seen a depreciation of 2.03% as of March 2026, buyers can identify potential negotiation opportunities. Additionally, comparing the price of different property types, such as apartments versus villas, helps in aligning one's budget with the desired lifestyle and investment goals.

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