Mohali
The real estate landscape in Mullanpur is evolving rapidly, driven by strong demand for residential units and a steady rental market. With average property rates holding at ₹8,500 per sq ft, the area caters to a broad spectrum of buyers looking for both modern apartments and spacious villas. Rental activity is equally vibrant, supported by a yield of 1.84% and consistent demand for larger configurations like 3 BHK units. As infrastructure continues to develop, the surrounding micromarkets provide diverse price points and property types for different investment strategies.
The average asking price in Mullanpur is ₹8,500 per sq ft as of Sep 2026. This rate has remained stable with a 0% change, indicating a period of price consolidation in the local residential market.
Property prices in Mullanpur have shown a steady trajectory, with the micromarket rate rising from ₹7,100 per sq ft in Mar 2026 to ₹7,650 per sq ft in Jun 2026. While the current average asking price remains at ₹8,500 per sq ft as of Sep 2026, the earlier quarterly movement suggests a period of active price discovery and growth in the region.
Property rates vary significantly across the vicinity of Mullanpur. As of Sep 2026, Sunny Enclave commands a higher average asking price of ₹9,300 per sq ft, though this has depreciated by 1.92% compared to the previous period. In contrast, Sector 123 offers a more accessible entry point at ₹4,200 per sq ft, which has appreciated by 9.73%, while Sector 124 has seen a depreciation of 16.77% to reach an average of ₹7,150 per sq ft.
Apartments in Mullanpur are currently priced at an average of ₹8,500 per sq ft as of Sep 2026. This segment has demonstrated strong growth, having appreciated by 19.44% over the observed period, reflecting sustained demand for apartment-style living in this locality.
The average rental rate in Mullanpur is ₹13 per sq ft as of Sep 2026, with the market maintaining a stable rental yield of 1.84%. The rental rates have remained unchanged at 0% growth, providing a consistent income baseline for property owners in the area.
A 3 BHK apartment in Mullanpur currently commands an average monthly rent of ₹23,650 as of Sep 2026. This figure serves as a key benchmark for tenants looking for larger residential configurations in the locality and helps investors estimate potential monthly cash flow from their assets.
Rental rates for apartments in Mullanpur average ₹50 per sq ft as of Sep 2026, a rate that has remained stable with 0% change. When comparing this to nearby regions like Kharar Road and Sas Nagar, which also report an average rental rate of ₹50 per sq ft, it is evident that the broader region maintains a uniform rental pricing structure for apartment properties.
