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The real estate market in Mohali Sector 117 is characterized by sustained price appreciation and a diverse range of residential offerings that cater to varying investment needs. Recent quarters have seen a consistent rise in capital values, driven by both ready-to-move projects and ongoing developments that maintain high interest among prospective buyers. Rental demand remains robust across the broader region, with multiple neighboring sectors showing stable rental yields and consistent demand for quality housing.
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 resilient demand for residential properties in this locality.
Property prices in Mohali Sector 117 have shown a consistent upward trajectory throughout the first half of 2026. The average asking price rose from ₹6,350 per sq ft in December 2025 to ₹6,700 per sq ft in March 2026, eventually reaching ₹6,750 per sq ft by June 2026, signaling sustained buyer interest in the area.
Villas in Mohali Sector 117 command a premium, with an average price of ₹13,450 per sq ft as of June 2026, having appreciated by 0.16% over the observed period. In contrast, apartments are more accessible, priced at an average of ₹6,750 per sq ft as of June 2026, which represents an appreciation of 0.39%.
As of June 2026, ready-to-move projects in Mohali Sector 117 are priced at an average of ₹5,450 per sq ft, reflecting a depreciation of 0.98% compared to the previous period. Meanwhile, under-construction projects are available at an average rate of ₹4,750 per sq ft, which has seen a depreciation of 0.23% over the same timeframe.
As of June 2026, the projects with the highest listing rates in Mohali Sector 117 include TDI Wellington Heights at ₹6,800 per sq ft (depreciated by 0.16%), TDI City at ₹5,800 per sq ft (depreciated by 4.12%), and Vera Prestige Towers at ₹5,700 per sq ft (depreciated by 0.73%). Other notable projects like Tricity Homes, Bristol Homes, and Motiaz Royal Fame are currently listed at ₹4,800 per sq ft, each showing a depreciation of 0.15%.
Rental rates across the Chandigarh region are currently uniform at ₹50 per sq ft, though they exhibit varying growth trends. For instance, as of June 2026, Sector 37 has seen a significant appreciation of 21.74%, while Sector 35 has appreciated by 25%. Conversely, some areas have experienced rental depreciation, such as Sector 33, which saw a 9.09% decline, and Sector 38, which depreciated by 7.41%.
Investors should note that while the average rental rate is consistent at ₹50 per sq ft across several sectors as of June 2026, the performance varies significantly by location. High appreciation sectors like Sector 35 (25% appreciation) and Sector 37 (21.74% appreciation) suggest strong rental demand, whereas sectors with negative growth, such as Sector 33 (-9.09%) and Sector 38 (-7.41%), indicate a potential softening in rental yields that requires careful consideration before investment.
Property rates in the broader Mohali region vary significantly by location. As of June 2026, premium areas like Mohali Sector 70 command rates as high as ₹14,750 per sq ft (appreciated by 7.38%), while more affordable options are available in Sunny Enclave at ₹4,300 per sq ft (appreciated by 0.21%) and Mohali Sector 127 at ₹4,900 per sq ft (appreciated by 0.18%). Mohali Sector 117, with its average of ₹6,750 per sq ft, sits in the mid-range of this diverse market.
