Mohali
The Kharar Road real estate market exhibits a dynamic mix of residential options, balancing affordability with high-end luxury preferences. Recent trends show a steady interest in apartments, while the villa segment has recorded substantial appreciation, signaling a shift toward premium housing demand. Rental activity remains robust, particularly for 3 BHK units, which command monthly rents near ₹47,150. Investors are closely monitoring these price movements, as the area continues to establish itself as a key residential hub in Mohali.
As of June 2026, the average asking price in Kharar Road is ₹4,250 per sq ft. This figure reflects a significant market appreciation of 24.63% compared to previous periods, indicating strong demand and growing investor confidence in this residential corridor.
Property prices on Kharar Road have shown a positive trajectory, with the location rate rising from ₹4,250 per sq ft in March 2026 to ₹4,300 per sq ft as of June 2026. This upward movement in the most recent quarter suggests a resilient market environment for both end-users and investors looking for capital growth.
There is a notable price premium for villas compared to apartments on Kharar Road as of June 2026. Villas command an average price of ₹11,300 per sq ft, which has appreciated by 20.67% over the observed period, while apartments are more accessible at an average price of ₹4,300 per sq ft, showing a stable appreciation of 1.27%.
Property rates vary significantly across the vicinity of Kharar Road as of June 2026. For instance, Sector 115 offers a more affordable entry point at ₹3,500 per sq ft, despite a 4.01% depreciation, whereas Sunny Enclave commands a premium at ₹9,500 per sq ft, having appreciated by 4.68%. Other areas like Sector 126 have seen robust growth, with rates reaching ₹5,650 per sq ft following a 27.03% appreciation.
As of June 2026, rental rates on Kharar Road vary by unit size to accommodate different tenant profiles. A 1 BHK apartment typically rents for ₹15,850 per month, while a 3 BHK apartment commands an average monthly rent of ₹47,150. These figures provide a baseline for tenants and landlords to assess the current rental market value in the area.
Rental rates across key micromarkets near Kharar Road are currently quite uniform, with Sas Nagar, Mullanpur, Sector 82, 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. In contrast, Sector 66 B also maintains an average of ₹50 per sq ft but has experienced a 4.76% appreciation, signaling a slight increase in rental demand in that specific pocket.
Investors should view the 24.63% appreciation in the average asking price as of June 2026 as a sign of a maturing market with high demand. By comparing the entry-level costs of apartments at ₹4,300 per sq ft against the premium pricing of villas at ₹11,300 per sq ft, investors can better align their capital outlay with their target rental yields or expected capital gains. Always consider the specific neighbourhood trends, such as the 27.03% growth in Sector 126, to identify areas with the strongest momentum.
