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Insights for Mohali Sector 117, Chandigarh Real Estate Market Overview

The real estate market in Mohali Sector 117 demonstrates consistent growth, with current average prices reaching ₹6,700 per sq ft. Recent quarterly data highlights a positive trajectory, moving from ₹5,850 in mid-2025 to current levels, supported by a healthy supply of both ready-to-move and under-construction inventory. Rental demand remains balanced across the region, with neighboring sectors showing stable rental yields. Developers are focusing on delivering high-quality residential spaces that cater to the evolving needs of modern homebuyers in the Chandigarh periphery.

  • Average apartment prices in Mohali Sector 117 have seen a positive change of 5.99%.
  • TDI Wellington Heights leads the listing rate segment at ₹6,800 per sq ft, reflecting a 6.79% increase.
  • Ready-to-move projects offer immediate possession opportunities at an average rate of ₹5,700 per sq ft.
  • The luxury villa segment maintains a high valuation, averaging ₹13,450 per sq ft.
  • Well-occupied units show strong rental potential with average rates around ₹4,950 per sq ft.

Market Strengths
  • Strong, consistent price appreciation for apartments at 5.99%.
  • High-end villa segment commands a premium valuation of ₹13,450 per sq ft.
  • TDI Wellington Heights demonstrates robust demand with a 6.79% price gain.
  • Well-occupied housing units show positive price growth of 7.09%.
  • Diverse inventory mix ranging from ₹4,900 to ₹13,450 per sq ft.
Market Challenges
  • Under-construction projects have seen price volatility, recording a -28.51% change.
  • Motiaz Royal Fame has experienced a price correction of -15.48%, currently at ₹4,950 per sq ft.
  • Dream Homes Mohali faces a -28.51% change in its listing rates.
Investment Opportunities
  • Apartment segment offers a competitive entry at ₹6,700 per sq ft with 5.99% growth.
  • Ready-to-move inventory provides stable, immediate occupancy options at ₹5,700 per sq ft.
  • TDI Wellington Heights shows strong appreciation potential with a 6.79% price increase.
  • Bristol Homes and Tricity Homes offer value-based entry points at ₹4,950 per sq ft with significant 7.09% growth.
Price Trend

Mohali Sector 117, Chandigarh Property Price Trends and Appreciation

Property rates in Mohali Sector 117 have climbed steadily from ₹5,850 per sq ft in June 2025 to the current ₹6,700 per sq ft by March 2026. This consistent growth highlights rising buyer confidence and demand in the locality. Meanwhile, the broader micromarket has also tracked upward, rising from ₹7,700 to ₹8,450 per sq ft over the same period.
Asking Price Trends
₹ 6,700/sq.ft. + 5.99 % QoQ
Jun 2025 — Mar 2026
Quarter City Rate
Mar 2026 6700
Dec 2025 6350
Sep 2025 6350
Jun 2025 5850
About Asking Price Trends
Mohali Sector 117 Property Price Comparison
  • By Localities
  • By Property Type
  • By Property Status
Location Rate (₹/sq.ft) Change %
Mohali Sector 126 9,550 20.4
Mohali Sector 127 4,900 0.4
Mohali Sector 125 12,200 8.3
Sunny Enclave 9,000 -2.1
Sunny Enclave 9,000 -2.1
Mohali Sector 91 7,300 -0.5
Mohali Sector 115 5,050 5.8
North Mohali 8,950 33.7
Mohali Sector 70 13,750 -0.3
Mohali Sector 88 9,350 3.9
Real estate values across the Mohali region exhibit significant variation, reflecting the distinct appeal of each sector. Mohali Sector 70 remains at the premium end, commanding ₹13,750 per sq ft, while Sector 125 follows closely with villa properties averaging ₹12,200 per sq ft. In contrast, more affordable options are available in Sector 127 at ₹4,900 per sq ft and Sector 115 at ₹5,050 per sq ft, offering accessible entry points for new investors.
Type Rate (₹/sq.ft) Change %
Villa 13,450 0.2
Apartment 6,700 6
Mohali Sector 117 caters to diverse housing preferences, with the residential segment showing clear price distinctions. Villas lead the premium category, averaging ₹13,450 per sq ft, while apartments provide a more accessible entry point at ₹6,700 per sq ft. These varied property types ensure that the market remains attractive to both luxury seekers and those looking for high-value residential investments.
Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 6 5,575 1.1
Under Construction 1 4,900 -28.5
The market provides varied options based on construction timelines, balancing immediate needs with long-term investment value. Ready-to-move projects, comprising five units, average ₹5,700 per sq ft, ideal for those seeking immediate occupancy. Meanwhile, under-construction projects are currently priced at ₹4,900 per sq ft, offering a different entry price point for buyers willing to wait for completion.
Project & Developer Insights

Top Residential Projects and Developers in Mohali Sector 117

Top Developers in Mohali Sector 117
AV Developers Mohali leads in Mohali Sector 117 with 1 projects and years of experience.
DLF
AV Developers Mohali ₹ 43.9 L - ₹ 43.9 L
  • 1 Projects
DLF
Vera Developers ₹ 64.9 L - ₹ 64.9 L
  • 1 Projects
DLF
Motia Developers
  • 1 Projects
DLF
K And N Group
  • 1 Projects
DLF
TDI Infrastructure ₹ 35.00 L - ₹ 92.90 L
  • 13 Projects
DLF
Ansal API ₹ 20.06 L - ₹ 56.38 L
  • 9 Projects
  • 52 Years
View More
Top Projects by Listing Rates
  • Listing Rate
Premium residential developments in Mohali Sector 117 are setting high benchmarks, with TDI Wellington Heights leading at ₹6,800 per sq ft after a 6.79% increase. TDI City also remains a popular choice, priced at ₹6,050 per sq ft. Additionally, Vera Prestige Towers maintains a stable position at ₹5,750 per sq ft, representing the aspirational segment of the local market.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 38,600 /sq.ft
Govt Registration Rate ₹ 18,350 /sq.ft
Avg. Asking Price ₹ 19,300 /sq.ft
Govt Registration Rate ₹ 13,950 /sq.ft
Avg. Asking Price ₹ 18,350 /sq.ft
Avg. Asking Price ₹ 15,350 /sq.ft
Govt Registration Rate ₹ 9,500 /sq.ft
Avg. Asking Price ₹ 14,850 /sq.ft
Avg. Asking Price ₹ 12,950 /sq.ft
Govt Registration Rate ₹ 8,750 /sq.ft
Avg. Asking Price ₹ 12,100 /sq.ft
Govt Registration Rate ₹ 5,900 /sq.ft
Avg. Asking Price ₹ 11,750 /sq.ft
Govt Registration Rate ₹ 8,900 /sq.ft
Avg. Asking Price ₹ 9,300 /sq.ft
Govt Registration Rate ₹ 3,700 /sq.ft
Avg. Asking Price ₹ 7,900 /sq.ft

Micromarket-Wise Property Price Trends Around Mohali Sector 117, Chandigarh

Avg. Asking Price ₹ 39,050 /sq.ft
Avg. Asking Price ₹ 9,000 /sq.ft
Avg. Asking Price ₹ 8,461 /sq.ft
Avg. Asking Price ₹ 8,300 /sq.ft
Avg. Asking Price ₹ 5,200 /sq.ft
Avg. Asking Price ₹ 4,389 /sq.ft

More insights about Mohali Sector 117, Chandigarh

FAQ

Frequently Asked Questions About Property Rates in Mohali Sector 117, Chandigarh

What is the average asking price in Mohali Sector 117 as of March 2026?

The average asking price in Mohali Sector 117 is ₹6,700 per sq ft as of March 2026. This figure represents an appreciation of 5.99% compared to previous periods, reflecting a steady upward trajectory in property valuations within this locality.

How have property price trends evolved in Mohali Sector 117 over the last year?

Property price trends in Mohali Sector 117 have shown consistent growth, with the average asking price rising from ₹5,850 per sq ft in June 2025 to ₹6,700 per sq ft by March 2026. This upward movement across consecutive quarters signals resilient demand and increasing buyer interest in the area, making it a noteworthy location for those tracking real estate value appreciation.

How do property prices in Mohali Sector 117 compare based on property type?

Property prices in Mohali Sector 117 vary significantly by type, with villas commanding a premium at ₹13,450 per sq ft as of March 2026, having appreciated by 0.16% compared to previous data. In contrast, apartments are priced at an average of ₹6,700 per sq ft, which has seen a more substantial appreciation of 5.99% over the same timeframe.

What is the price difference between ready-to-move and under-construction properties in Mohali Sector 117?

As of March 2026, ready-to-move properties in Mohali Sector 117 are priced at ₹5,700 per sq ft, showing a slight depreciation of 0.16% compared to earlier periods. Meanwhile, under-construction projects are available at an average of ₹4,900 per sq ft, which has experienced a notable depreciation of 28.51% over the same period, suggesting a significant market adjustment for new supply.

Which projects in Mohali Sector 117 are currently leading in listing rates?

TDI Wellington Heights leads the listing rates in Mohali Sector 117 at ₹6,800 per sq ft as of March 2026, marking an appreciation of 6.79% over the comparison period. Other prominent projects include TDI City at ₹6,050 per sq ft (up 1.7%) and Vera Prestige Towers, which has remained stable at ₹5,750 per sq ft. Projects like Motiaz Royal Fame and Dream Homes Mohali are currently listed at lower price points of ₹4,950 per sq ft and ₹4,900 per sq ft respectively, with varying degrees of price fluctuations.

How does the rental market in areas surrounding Mohali Sector 117 compare?

Rental rates across various sectors near Mohali Sector 117 remain largely uniform at ₹50 per sq ft as of March 2026. Most sectors, including Sector 40, Sector 37, and New Chandigarh, have shown stable rental pricing with 0% change, indicating a consistent rental market. Sector 38 is a notable exception, where rental rates have appreciated by 35% to reach ₹50 per sq ft, highlighting a localized increase in rental demand.

How should a buyer interpret the property rate data for Mohali Sector 117?

Buyers should use the property rate data for Mohali Sector 117 to benchmark their investment against the current average of ₹6,700 per sq ft as of March 2026. By observing the quarterly price trends and the distinction between villa and apartment pricing, investors can identify whether they are paying a premium or finding value relative to the broader market trajectory. Always consider the status of the project—whether ready-to-move or under-construction—as these categories carry different price points and risk-reward profiles.

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