Mohali
The real estate market along Kharar Road has maintained a consistent trajectory, with current residential property rates holding firm at ₹4,300 per sq ft. This stability is supported by a dynamic rental ecosystem, where the average rental yield reaches 7.53%, making it an attractive destination for income-focused investors. The market offers a clear distinction between high-end villas and accessible apartment units, catering to varied lifestyle and budget requirements across the region. Recent quarterly data indicates a healthy upward movement in rates, suggesting sustained demand for residential assets in this developing corridor.
As of September 2026, the average asking price in Kharar Road stands at ₹4,300 per sq ft. This rate has remained stable, showing no change in percentage compared to the previous period, which indicates a period of price consolidation in the local residential market.
Property prices in Kharar Road have shown a steady upward trajectory throughout 2026. Data from September 2026 shows an average asking price of ₹4,300 per sq ft, rising from ₹4,250 per sq ft in March 2026 and ₹3,400 per sq ft in December 2025. This consistent growth suggests resilient demand for residential properties in this locality.
Property prices vary significantly across neighbourhoods near Kharar Road, reflecting diverse market demand. As of September 2026, Sector 123 and Sunny Enclave command the highest rates at ₹9,350 per sq ft and ₹9,300 per sq ft respectively. Conversely, more accessible options are available in Sector 127 at ₹4,550 per sq ft. Notably, Sector 124 has seen a depreciation of 7.32% compared to previous periods, while Sector 74 has appreciated by 1.27%, highlighting the importance of micro-market analysis when evaluating investment potential.
There is a notable price gap between property types in Kharar Road as of September 2026. Villas are currently priced at an average of ₹11,300 per sq ft, having appreciated by 20.67% compared to the previous period, reflecting strong demand for premium independent housing. In contrast, apartments are priced at ₹4,300 per sq ft, with rates remaining stable over the same timeframe.
As of September 2026, the average rental rate in Kharar Road is ₹27 per sq ft, with rates remaining stable compared to the previous period. The locality currently offers a rental yield of 7.53%, which is a key metric for investors to assess the potential annual income relative to the capital investment required for property ownership in this area.
Rental rates in Kharar Road vary significantly by unit size as of September 2026. A 1 BHK apartment typically commands an average rent of ₹15,850 per month, while a 3 BHK apartment averages ₹47,150 per month. These figures help tenants and investors understand the entry-level versus family-sized rental market dynamics in the locality.
Rental rates show variation across neighbouring areas as of September 2026. Both Sector 88 and Mullanpur command an average rental rate of ₹50 per sq ft. While Mullanpur has maintained stable rental rates, Sector 88 has experienced a depreciation of 10% compared to the previous period, suggesting a shift in rental demand or increased inventory availability in that specific micro-market.
Prospective buyers should use the data to identify value and growth trends before making a purchase decision. By observing that the average asking price in Kharar Road is ₹4,300 per sq ft as of September 2026, buyers can benchmark individual project listings against this locality average. Furthermore, comparing the stable apartment prices against the significant appreciation of villas provides insight into which property segments are currently experiencing higher demand.
