Mohali
The real estate landscape in Kharar is currently defined by a blend of accessible entry points and rapid appreciation in specific high-demand pockets. While the average asking price for apartments remains at ₹4,850 per sq ft, certain locations such as Sector 126 have seen remarkable growth, with values climbing by 27.03% recently. Rental activity also remains a highlight, with apartments commanding an average of ₹50 per sq ft, attracting investors looking for stable returns. Furthermore, the diverse mix of housing, ranging from budget-friendly apartments to premium villas in Sunny Enclave, ensures a wide range of options for prospective buyers and tenants alike.
As of June 2026, the average asking price in Kharar stands at ₹4,850 per sq ft. This figure reflects a depreciation of 2.03% compared to the previous period, indicating a slight softening in market demand for residential apartments in the area.
Property prices in Kharar have shown a fluctuating trend over the past few quarters. While the average asking price was ₹4,850 per sq ft as of March 2026, it previously stood at ₹4,950 per sq ft in December 2025 and ₹5,450 per sq ft in September 2025, suggesting a period of price correction for buyers and investors to monitor.
Property prices in the vicinity of Kharar vary significantly, ranging from ₹3,500 per sq ft in Sector 115 to as high as ₹27,050 per sq ft in Sector 77 as of June 2026. Other notable areas include Sector 121 at ₹8,950 per sq ft, which appreciated by 11.29% since the previous period, and Sector 126 at ₹5,650 per sq ft, which saw a notable appreciation of 27.03%.
As of June 2026, the residential market in Kharar offers various property types, with showrooms averaging ₹9,650 per sq ft (appreciating by 0.01%), villas at ₹8,550 per sq ft (depreciating by 1.8%), and apartments at ₹4,850 per sq ft (depreciating by 2.03%). These variations allow investors to choose between commercial-linked assets like showrooms or traditional residential options based on their specific budget and yield expectations.
The average rental rate in Kharar is ₹12 per sq ft as of June 2026, which has seen a depreciation of 14.29% compared to the previous period. With a rental yield of 2.97%, investors should carefully evaluate the income-generating potential of their properties, as the current yield reflects the balance between prevailing capital values and monthly rental income.
Rental rates for apartments are consistent across several key areas in Kharar, with locations like Kharar Landran Road, Sunny Enclave, Sector 77, Mullanpur, and Sector 66 B all commanding an average rental rate of ₹50 per sq ft as of June 2026. Notably, Sector 127 also averages ₹50 per sq ft, though it experienced a depreciation of 4.55% in rental rates compared to the previous period.
As of June 2026, tenants in Kharar can expect to pay an average of ₹15,650 per month for a 1 BHK apartment, while a 3 BHK apartment commands an average monthly rent of ₹26,650. These figures provide a clear benchmark for both tenants planning their housing budget and landlords looking to price their units competitively within the local residential apartment market.
The rental yield of 2.97% as of June 2026 serves as a key indicator for investors to measure the annual return on their property investment in Kharar. While a yield of this level suggests a moderate income stream, investors should weigh this against the current average apartment price of ₹4,850 per sq ft and the recent 14.29% depreciation in average rental rates to determine if the location aligns with their long-term capital appreciation or cash-flow goals.
