Mohali
Kharar has established itself as a dynamic residential hub within Mohali, currently witnessing a steady appreciation in property values. The market is defined by a broad spectrum of housing types, from affordable apartments to premium villas, ensuring options for a wide demographic of buyers. Rental demand remains consistent, supported by a healthy mix of 1 BHK and 3 BHK units that provide reliable monthly income for investors. Recent quarterly data indicates a positive shift in price trends, signaling long-term growth potential for those looking to enter this developing region.
The average asking price in Kharar is ₹5,400 per sq ft as of June 2026. This figure reflects an appreciation of 10.69% compared to previous periods, signaling a robust demand for residential properties in this region. Investors and homebuyers should note that this price point is specific to the apartment segment, which remains the primary residential building type in the area.
Property prices in Kharar have shown a positive trajectory, with the average asking price rising to ₹5,400 per sq ft in June 2026 from ₹4,850 per sq ft in March 2026. This upward movement indicates strengthening market confidence. While prices dipped slightly to ₹4,950 per sq ft in December 2025 and ₹5,450 per sq ft in September 2025, the recent quarter-over-quarter growth suggests a resilient recovery and sustained interest from buyers.
Property rates vary significantly across neighbourhoods in Kharar, reflecting diverse market segments. As of June 2026, Sunny Enclave commands a premium with an average asking price of ₹9,300 per sq ft, despite a 1.92% depreciation compared to its previous valuation. In contrast, Sector 115 offers a more accessible entry point at ₹4,050 per sq ft, which has seen a notable appreciation of 16.16% over the observed period. Other areas like Sector 121 are priced at ₹8,450 per sq ft, while Sector 123 and Kharar Road remain more competitively positioned at ₹4,200 per sq ft and ₹4,300 per sq ft, respectively.
Pricing in Kharar is highly dependent on the property type, with showrooms currently commanding the highest rates. As of June 2026, showrooms are priced at ₹9,650 per sq ft, showing stable growth with a 0.01% appreciation. Villas follow with an average price of ₹8,550 per sq ft, which has experienced a 1.8% depreciation. Apartments, which are the most common residential choice, are valued at ₹5,400 per sq ft, marking a significant 10.69% appreciation, reflecting strong demand for standard residential living spaces.
Rental rates in Kharar are structured according to unit size, providing options for various tenant profiles. As of June 2026, a 1 BHK apartment typically rents for ₹15,650 per month, while a 3 BHK apartment commands an average monthly rent of ₹26,650. These figures help potential tenants and landlords understand the monthly income potential and affordability levels within the local rental market.
Rental rates across key areas surrounding Kharar, including Kharar Road, Sas Nagar, Sector 88, Mullanpur, and Sector 82, are currently uniform at ₹50 per sq ft as of June 2026. This consistency indicates a stable rental environment across these micromarkets. Because these rates have remained unchanged, it suggests a period of price stability in the rental segment, offering predictable costs for tenants looking to relocate within these specific localities.
The rental market for apartments in Kharar has seen a shift, with the average rental rate currently at ₹50 per sq ft as of June 2026. This represents a 14.29% depreciation compared to the previous period. This downward adjustment in rental rates may be attributed to increased supply or a market correction, providing a more favorable entry point for tenants seeking apartment living in the region.
Buyers should interpret the price disparities between sectors in Kharar as a reflection of infrastructure development, project quality, and local amenities. For instance, areas like Sunny Enclave at ₹9,300 per sq ft and Sector 121 at ₹8,450 per sq ft represent premium segments, likely due to better connectivity or established status. Conversely, sectors like Sector 115 at ₹4,050 per sq ft and Sector 123 at ₹4,200 per sq ft offer more value-oriented options. Investors should look at the appreciation percentages—such as the 16.16% growth in Sector 115—to identify areas with high growth momentum versus those experiencing price corrections, like Sector 124, which saw a 16.77% depreciation.
