Mohali
Kharar is experiencing a dynamic phase of real estate evolution, characterized by shifting price points and a robust rental market. Residential apartments remain a primary focus for buyers, while specific sectors show significant capital appreciation trends over the recent quarters. The rental segment provides consistent returns, particularly for 1 BHK and 3 BHK units, which cater to a diverse tenant base. Strategic development in key sectors continues to drive overall market interest and buyer confidence.
The average asking price in Kharar is ₹4,850 per sq ft as of June 2026. This figure represents a depreciation of 2.03% compared to the previous period, reflecting a recent market adjustment in the locality's overall residential property values.
Property prices in Kharar have shown a fluctuating trajectory, with the average location rate recorded at ₹5,350 per sq ft in June 2026, up from ₹4,850 per sq ft in March 2026. Prior to this, the rates were ₹4,950 per sq ft in December 2025 and ₹5,450 per sq ft in September 2025, indicating a mixed trend that buyers and investors should monitor closely for stability.
As of June 2026, property rates in Kharar vary significantly by type: showrooms command an average of ₹9,650 per sq ft, having appreciated by 0.01% compared to the previous period. Villas are priced at an average of ₹8,550 per sq ft, showing a depreciation of 1.8% over the same timeframe, while apartments are priced at ₹5,350 per sq ft, marking a notable appreciation of 9.66%.
Among the areas near Kharar, Sector 89 currently commands the highest average asking price at ₹28,900 per sq ft, which has appreciated by 10.21% compared to the previous period. In contrast, Sector 115 offers a more accessible entry point at ₹3,500 per sq ft, although this rate has seen a depreciation of 4.01% over the same period.
The average rental yield in Kharar is 2.97% as of June 2026, providing a benchmark for investors to evaluate the income-generating potential of their properties relative to the capital invested. While the overall average rental rate stands at ₹12 per sq ft, which has depreciated by 14.29% compared to the previous period, this yield metric helps investors assess the balance between rental income and property appreciation in the local market.
As of June 2026, the average monthly rent for a 1 BHK apartment in Kharar is ₹15,650, while a 3 BHK apartment commands an average of ₹26,650 per month. These figures provide a clear picture of the rental market for different tenant profiles, helping landlords set competitive prices and tenants understand the cost of living in the area.
Rental rates for apartments are relatively uniform across several key micromarkets in the region, with Kharar Road, Sas Nagar, Sector 88, Mullanpur, and Sector 82 A all recording an average rental rate of ₹50 per sq ft as of June 2026, showing stable trends with 0% change. Sector 66 B also sits at ₹50 per sq ft but stands out with an appreciation of 4.76% compared to the previous period, signaling a slight increase in rental demand in that specific pocket.
The recent price movements in these areas indicate strong market momentum, with Sector 126 seeing an average asking price of ₹5,650 per sq ft—an appreciation of 27.03%—and Kharar Road reaching ₹4,250 per sq ft, an appreciation of 24.63% as of June 2026. Such significant growth percentages compared to the previous period often reflect high demand, infrastructure development, or increased investor interest in these specific pockets of the Kharar region.
