Mohali
The real estate market in Mullanpur is currently experiencing a positive phase, reflected in the sharp upward movement of property values over the last quarter. Investor interest is particularly concentrated in the residential apartment segment, which has seen a substantial price appreciation. Meanwhile, the rental market offers a consistent stream of income, supported by a healthy yield and steady demand for larger unit configurations. This combination of capital appreciation and rental viability establishes Mullanpur as a growing hub in the Mohali region.
The average asking price in Mullanpur is ₹8,500 per sq ft as of Jun 2026. This rate has remained stable with a 0% change, indicating a period of price consolidation in the local residential market. With 914 active listings, the area maintains a consistent supply of apartment-based residential properties for prospective buyers.
Property prices in Mullanpur have shown a positive trajectory in the micromarket, with rates rising from ₹7,100 per sq ft in Mar 2026 to ₹7,650 per sq ft in Jun 2026. This upward movement suggests strengthening demand within the micromarket over the last quarter. Investors and end-users should note that while the broader locality average remains stable, specific micromarket pockets are experiencing active price appreciation.
Property rates in areas surrounding Mullanpur show significant variation, reflecting diverse market segments. As of Jun 2026, Sector 121 has seen an appreciation of 11.29% to reach ₹8,950 per sq ft, while Kharar Road has experienced a notable 24.63% appreciation, bringing its average to ₹4,250 per sq ft. Conversely, Sector 124 has seen a depreciation of 5.21% to ₹8,550 per sq ft, and commercial office space in Sector 70 has depreciated by 5.65% to ₹14,200 per sq ft. Sunny Enclave remains steady with a 4.68% appreciation to ₹9,500 per sq ft.
The average rental rate in Mullanpur is ₹13 per sq ft as of Jun 2026, with a rental yield of 1.84%. The rental rate has remained stable with 0% change over the observed period. For investors, a rental yield of 1.84% provides a baseline for understanding the annual income potential relative to the capital investment required for residential properties in this locality.
Rental trends for residential apartments in Mullanpur show that a 3 BHK unit currently commands an average monthly rent of ₹23,650 as of Jun 2026. This figure represents the typical market expectation for larger family-sized apartments. Prospective tenants can use this benchmark to compare rental values against other property types or locations within the Mohali region.
Rental rates for apartments are consistent across several key neighbouring areas, with Kharar Road, Sas Nagar, and Sector 88 all recording an average rental rate of ₹50 per sq ft as of Jun 2026. These rates have remained stable with 0% change, indicating a uniform rental environment across these specific sectors. This stability suggests a balanced supply-demand dynamic for rental apartments in these parts of the region.
Apartments in Mullanpur are currently priced at an average of ₹8,500 per sq ft as of Jun 2026. This segment has shown strong growth, having appreciated by 19.44% compared to the previous period. This significant increase highlights the rising preference for apartment living in Mullanpur and reflects robust buyer interest in this specific property type.
