Mohali
The Kharar Road real estate market exhibits diverse pricing trends across its residential landscape, with current asking prices for apartments settling at ₹4,250 per sq ft. Recent data shows significant value appreciation in specific segments, particularly for villa properties which have seen a notable increase of 20.67%. Rental demand remains robust, characterized by a steady intake for both 1 BHK and 3 BHK units, while sub-locations like Sunny Enclave continue to hold distinct value. This market environment provides a clear roadmap for both short-term rental investors and long-term property owners looking to capitalize on current valuation growth.
As of June 2026, the average asking price in Kharar Road is ₹4,250 per sq ft. This figure represents a significant appreciation of 24.63% compared to the previous period, signaling robust demand and growing investor confidence in this residential corridor.
Property prices in Kharar Road vary significantly by type, with villas currently commanding a premium over apartments. As of June 2026, villas are priced at an average of ₹11,300 per sq ft, having appreciated by 20.67% compared to the previous period. Meanwhile, apartments are available at an average asking price of ₹4,250 per sq ft, which has seen a substantial appreciation of 24.63% over the same timeframe.
Neighbourhoods surrounding Kharar Road exhibit diverse pricing, with Sector 70 leading the market for commercial office space at ₹14,200 per sq ft, although this has seen a depreciation of 5.65% from the previous period. In contrast, residential areas like Sunny Enclave command ₹9,500 per sq ft with a 4.68% appreciation, while Sector 115 offers a more accessible entry point at ₹3,500 per sq ft, which experienced a 4.01% depreciation as of June 2026.
Rental rates in Kharar Road are segmented by unit size, catering to a variety of tenant needs. As of June 2026, a 1 BHK apartment typically rents for ₹15,850 per month, while a 3 BHK apartment commands an average monthly rent of ₹43,750. These figures provide a clear benchmark for tenants and landlords looking to understand the current rental landscape in the area.
Rental rates across the micromarkets surrounding Kharar Road are currently quite uniform, with many areas like Sunny Enclave, Sector 77, Mullanpur, and Sector 66 B maintaining an average rental rate of ₹50 per sq ft as of June 2026. While many of these areas have seen stable rental performance with 0% change, some locations like Sector 127 have experienced a 4.55% depreciation, and Kharar has seen a 14.29% depreciation in rental rates compared to the previous period.
