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Property Rates in Mohali Sector 117, Chandigarh

Comprehensive Market Snapshot

The Mohali Sector 117 real estate market in Chandigarh showcases dynamic activity with asking prices averaging ₹6,344 per sq ft. Recent quarterly trends reveal a notable appreciation in property values, particularly from June to September 2025, followed by a period of stability. The market features a diverse mix of property types, with villas commanding a premium over apartments, and offers options across various stages, including Ready To Move and Under Construction projects. Top projects like Dream Homes Mohali and TDI Wellington Heights contribute significantly to the area's appeal, while official registration and rental data are currently not available.

  • Asking Sale Price₹ 6,344/sq.ft
  • Insights
  • Price Trend
  • Project and Developer Insights
  • Other Property Rates

Insights for Mohali Sector 117, Chandigarh Real Estate Market

Mohali Sector 117 in Chandigarh is emerging as a dynamic real estate destination, currently registering an average asking price of ₹6,344 per sq ft. The market has demonstrated an encouraging growth trajectory, with location rates climbing from ₹5,867 per sq ft in June 2025 to ₹6,353 per sq ft by September 2025, maintaining this strong position into December 2025 at ₹6,341 per sq ft. This upward trend suggests a robust demand and increasing investor confidence in the area. When comparing property types, villas in Mohali Sector 117 are positioned as a premium offering, averaging ₹13,470 per sq ft with a slight appreciation, significantly higher than apartments which stand at ₹6,344 per sq ft. Buyers have diverse options based on development status; Ready To Move properties are available at around ₹5,706 per sq ft, despite a minor recent dip, while Under Construction projects offer opportunities at ₹6,888 per sq ft, indicating potential for future capital appreciation. The area is home to several prominent developments like Dream Homes Mohali and TDI Wellington Heights, which are setting pricing benchmarks. While the absence of recent registration and rental rate data presents a transparency challenge, the consistent price growth and varied property offerings underscore Mohali Sector 117's investment potential. This blend of affordability, growth, and diverse housing stock makes it an attractive proposition for both homebuyers and investors.

Market Strengths Market Strengths
  • Consistent positive quarterly price growth, with a significant surge in late 2025, indicates strong market confidence.
  • Diverse property offerings, including both premium villas and accessible apartments, cater to a broad spectrum of buyers.
  • Availability of properties across different development stages (Ready To Move, Under Construction) provides options for varied timelines.
  • The presence of multiple active projects from various developers suggests a healthy competitive landscape and ongoing development.
  • Mohali Sector 117 maintains a balanced price point, more affordable than some premium sectors while offering better value than lower-priced neighbors.
  • The micromarket rate shows even higher growth, indicating strong regional demand for properties in the broader area.
Market Challenges Market Challenges
  • The absence of official government registration data makes it difficult to assess actual transaction volumes and market liquidity.
  • A lack of available rental rate data limits insights into potential rental yields for investors.
  • Ready To Move properties have seen a slight price decline of 1.15%, which could indicate a short-term oversupply or buyer preference shifts.
  • Some neighboring areas offer significantly lower price points (e.g., Mohali Sector 125 at ₹3,969 per sq ft), potentially drawing away budget-conscious buyers.
  • Fluctuations in location rates, while generally positive, require careful monitoring to identify sustained growth patterns.
Investment Opportunities Investment Opportunities
  • Capitalize on the observed quarterly price appreciation, especially the strong growth seen between June and September 2025, indicating upward market momentum.
  • Consider Under Construction properties, which are priced higher at ₹6,888 per sq ft, suggesting potential for capital gains upon completion and delivery.
  • Invest in apartments at ₹6,344 per sq ft for a more accessible entry point into a growing market, offering potential for steady returns.
  • Explore premium villa segments averaging ₹13,470 per sq ft for higher-end investment with stable appreciation trends.
  • Leverage the relative affordability of Mohali Sector 117 compared to more expensive neighboring sectors like Mohali Sector 126 and North Mohali.
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Property Price Trends in Mohali Sector 117, Chandigarh

Asking Price Trends

Mohali Sector 117's property market has shown encouraging price movements recently. After a significant surge, location rates climbed from ₹5,867 per sq ft in June 2025 to ₹6,353 per sq ft by September 2025. This strong upward momentum reflects growing demand and investor interest. Subsequently, prices have maintained stability, settling at ₹6,341 per sq ft by December 2025, indicating a period of consolidation after robust growth.

Quarter City Rate
Dec 2025 6341
Sep 2025 6353
Jun 2025 5867
Mar 2025 0
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Price Trends by Property Type

Mohali Sector 117's real estate market caters to diverse buyer preferences across property categories. Villas are positioned as the premium segment, averaging a significant ₹13,470 per sq ft, having experienced a modest 0.16% appreciation. Meanwhile, apartments offer a more accessible entry point at an average of ₹6,344 per sq ft, showing a slight positive change of 0.05%. This clear distinction in pricing allows buyers to choose based on their lifestyle and budget within the sector.

Type Rate (₹/sq.ft) Change %
Villa 13,470 0.16
Apartment 6,344 0.05
Price Trends by Project Status

The Mohali Sector 117 market offers properties across various development stages, catering to different buyer timelines and investment strategies. Ready To Move inventory, comprising 5 units, averages ₹5,706 per sq ft, though it has seen a minor dip of 1.15% recently, appealing to immediate occupancy seekers. Under Construction projects present 1 opportunity at a higher average of ₹6,888 per sq ft, indicating potential for future appreciation upon completion. Additionally, a Well Occupied unit is available at ₹4,623 per sq ft, rounding out the diverse supply mix.

Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 6 5,526 -0.96
Under Construction 1 6,888 -
Price Trends by Localities

At an average of ₹6,344 per sq ft, Mohali Sector 117 presents a competitive and mid-range option within Chandigarh's real estate landscape. It is notably more accessible than premium areas like Mohali Sector 126, which commands ₹9,732 per sq ft, or North Mohali at ₹8,968 per sq ft. Conversely, sectors such as Mohali Sector 125 and Sunny Enclave offer more budget-friendly options, averaging around ₹3,969 and ₹4,142 per sq ft respectively. Mohali Sector 117 also stands above Mohali Sector 127 (₹4,872 per sq ft) and Mohali Sector 115 (₹5,109 per sq ft), positioning it as a balanced choice for many buyers seeking value and growth potential.

Location Rate (₹/sq.ft) Change %
Mohali Sector 126 9,732 15.5
Mohali Sector 127 4,872 3.7
Mohali Sector 125 3,969 -0.1
Kharar-banur Road 5,400 1.9
Sunny Enclave 4,142 10.1
Mohali Sector 91 7,326 4.6
Mohali Sector 115 5,109 8.1
North Kharar 5,370 -
Central Kharar 4,218 6.3
North Mohali 8,968 1.1

Project and Developer Insights

Top Projects by Listing Rates

Premium residential developments in Mohali Sector 117 are commanding significant asking prices, reflecting their quality and prime locations. Dream Homes Mohali leads the segment with properties priced at ₹6,888 per sq ft. Following closely, TDI Wellington Heights offers residences at ₹6,358 per sq ft, while TDI City presents options at ₹5,938 per sq ft, having seen an 8.14% increase. Other notable projects include Motiaz Royal Fame (₹5,858 per sq ft) and Vera Prestige Towers (₹5,755 per sq ft), which has appreciated by 7.95%. These top-tier developments represent the aspirational segment of the market in Mohali Sector 117.

  • Listing Rate
Project Name Rate (₹/sq.ft) Change %
Dream Homes Mohali 6,888 -
Tdi Wellington Heights 6,358 -0.8
Tdi City 5,938 8.1
Motiaz Royal Fame 5,858 -
Vera Prestige Towers 5,755 8
Tricity Homes 4,623 -
Bristol Homes 4,623 -
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
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