Property Rates in Mohali Sector 117, Chandigarh 2026
Property rates in Mohali Sector 117 average ₹6,750 per sq ft. This locality has seen a steady upward trend in pricing over the recent quarters. Investors and homebuyers are increasingly drawn to this area for its balanced mix of residential options and infrastructure. The market features a range of ready-to-move projects, making it an attractive destination for those seeking immediate occupancy within the well-connected Chandigarh region.
Insights for Mohali Sector 117, Chandigarh Real Estate Market Overview
Mohali Sector 117 has developed into a significant residential hub, characterized by a steady increase in property values over the last year. The market offers a variety of housing options, ranging from spacious villas to modern apartments, catering to diverse lifestyle needs. Rental demand remains consistent, supported by proximity to key employment corridors and essential amenities. Development activity continues to thrive, with both ready-to-move and under-construction projects providing flexible entry points for prospective buyers.
Property prices have shown consistent appreciation, reaching an average of ₹6,750 per sq ft.
Ready-to-move projects currently offer competitive entry points at an average of ₹5,450 per sq ft.
Villas command a premium in the local market, with average prices reaching ₹13,450 per sq ft.
TDI Wellington Heights stands out as a prominent project with a current listing rate of ₹6,800 per sq ft.
Market Strengths
The locality shows a healthy, consistent upward trend in property prices over the last several quarters.
A diverse supply of property types, including both villas and apartments, caters to a wide range of investment budgets.
The presence of established projects like TDI Wellington Heights adds credibility and brand value to the local market.
Ready-to-move inventory provides security and immediate utility for homebuyers.
Competitive pricing in surrounding sectors ensures that Mohali Sector 117 remains a well-integrated part of the broader Chandigarh property ecosystem.
Market Challenges
The premium segment for villas at ₹13,450 per sq ft requires a higher capital outlay compared to standard apartment units.
Under-construction inventory is currently limited, which may restrict choices for buyers specifically seeking new project launches.
Investment Opportunities
Ready-to-move apartments provide an immediate occupancy option at a reasonable entry rate of ₹5,450 per sq ft.
Investors can target under-construction projects at ₹4,750 per sq ft for potential long-term capital appreciation.
The consistent quarterly growth in location rates indicates a stable environment for residential real estate investments.
Rental rates across surrounding sectors like Sector 40 and Sector 44 remain steady at ₹50 per sq ft, suggesting reliable rental income potential.
Price Trend
Mohali Sector 117, Chandigarh Property Price Trends and Appreciation
The property market in Mohali Sector 117 has witnessed a gradual rise in average rates, moving from ₹6,350 per sq ft in late 2025 to the current ₹6,750 per sq ft. This consistent growth reflects the increasing demand for residential spaces in the locality. Recent quarterly data highlights a stable upward momentum, signaling sustained buyer confidence in the area's long-term value.
Real estate values in the surrounding Mohali belt vary significantly, with Mohali Sector 117 holding a distinct market position. Nearby locations like Mohali Sector 70 command a premium at ₹14,750 per sq ft, while more affordable options such as Sunny Enclave are available at ₹4,300 per sq ft. Mohali Sector 91 remains competitive at ₹8,000 per sq ft, and Mohali Sector 115 offers a more accessible entry point at ₹5,250 per sq ft. This range allows buyers to choose between high-end luxury segments and budget-friendly alternatives based on their specific needs.
Mohali Sector 117 provides a balanced selection of residential properties to suit different investment goals. Villas lead the market in terms of pricing, averaging ₹13,450 per sq ft, which reflects their status as premium assets. Apartments are available at a more accessible ₹6,750 per sq ft, experiencing a steady growth of 0.39% in recent periods.
The market in Mohali Sector 117 offers diverse options based on project completion stages. Ready To Move properties, with 6 units currently tracked, average ₹5,450 per sq ft, providing a reliable choice for those looking to move in immediately. Under Construction projects are priced at ₹4,750 per sq ft, offering an alternative for buyers planning for future occupancy.
Project & Developer Insights
Top Residential Projects and Developers in Mohali Sector 117
Top Developersin Chandigarh
AV Developers Mohali leads in Chandigarh with 1 projects and years of experience.
Premium residential developments define the upper tier of the Mohali Sector 117 market. TDI Wellington Heights sets a high benchmark at ₹6,800 per sq ft, while TDI City is priced at ₹5,800 per sq ft. Vera Prestige Towers also maintains a strong presence with a rate of ₹5,700 per sq ft, alongside other notable projects like Tricity Homes, Bristol Homes, and Motiaz Royal Fame, which are all listed at ₹4,800 per sq ft.
Frequently Asked Questions About Property Rates in Mohali Sector 117, Chandigarh
What is the current average asking price in Mohali Sector 117?
As of June 2026, the average asking price in Mohali Sector 117 stands at ₹6,750 per sq ft. This rate has appreciated by 0.39% compared to the previous period, reflecting a stable and slightly upward trajectory in the local residential market.
How have property prices in Mohali Sector 117 trended recently?
Property prices in Mohali Sector 117 have shown a consistent upward movement over the last few quarters. As of June 2026, the location rate reached ₹6,750 per sq ft, rising from ₹6,700 per sq ft in March 2026, ₹6,350 per sq ft in December 2025, and ₹6,350 per sq ft in September 2025. This steady growth indicates sustained demand for residential inventory in this micromarket.
How do property rates compare between villas and apartments in Mohali Sector 117?
There is a notable price difference between property types in Mohali Sector 117 as of June 2026. Villas command a premium with an average price of ₹13,450 per sq ft, having appreciated by 0.16% over the observed period, while apartments are priced at an average of ₹6,750 per sq ft, which has appreciated by 0.39%.
What is the price difference between ready-to-move and under-construction projects in Mohali Sector 117?
As of June 2026, ready-to-move projects in Mohali Sector 117 are priced at ₹5,450 per sq ft, showing a depreciation of 0.98% compared to the previous period. In contrast, under-construction projects are currently priced at ₹4,750 per sq ft, reflecting a depreciation of 0.23% over the same timeframe.
Which projects in Mohali Sector 117 are currently commanding the highest listing rates?
As of June 2026, TDI Wellington Heights leads the market in Mohali Sector 117 with a listing rate of ₹6,800 per sq ft, which has depreciated by 0.16% compared to the prior period. Other prominent projects include TDI City at ₹5,800 per sq ft (down by 4.12%) and Vera Prestige Towers at ₹5,700 per sq ft (down by 0.73%).
How do rental rates in nearby Chandigarh sectors compare to each other?
Rental rates across various Chandigarh sectors are currently uniform at ₹50 per sq ft, though they show varied performance trends. For instance, Sector 35 has seen a significant appreciation of 25% and Sector 37 has appreciated by 21.74%, whereas Sector 33 has experienced a depreciation of 9.09% and Sector 38 has depreciated by 7.41% as of June 2026.
How should investors interpret the rental rate data for Chandigarh sectors?
Investors should note that while the average rental rate across several Chandigarh sectors is currently ₹50 per sq ft as of June 2026, the varying appreciation and depreciation percentages highlight the importance of micro-location selection. Areas like Sector 35 and Sector 37 show strong positive growth, signaling high tenant demand, while sectors with negative price changes, such as Sector 33 and Sector 38, may suggest a softening of rental demand or an increase in available rental inventory.
How do property rates in Mohali Sector 117 compare to surrounding areas?
Property rates in the vicinity of Mohali Sector 117 vary significantly by location. As of June 2026, Mohali Sector 70 is the most premium among the listed areas at ₹14,750 per sq ft (up 7.38%), while Sunny Enclave remains more accessible at ₹4,300 per sq ft (up 0.21%). Other areas like Mohali Sector 126 and Mohali Sector 125 have seen depreciations of 10.76% and 9% respectively, illustrating the diverse pricing landscape across the region.
