Mohali
The real estate market in Mullanpur has demonstrated steady appreciation, with average asking prices rising to ₹8,500 per sq ft by late 2025. This upward trajectory is particularly evident in the apartment segment, which has experienced a strong growth rate of 19.44% over the past year. Rental activity remains active, with a consistent yield of 1.84% and competitive pricing for residential units. The local market benefits from varied micro-market performances, providing diverse options for both home seekers and long-term investors.
As of June 2026, the average asking price in Mullanpur stands at ₹8,500 per sq ft. This rate has remained stable, showing a 0% change in value, which indicates a period of price consolidation in the local real estate market.
Property prices in Mullanpur have shown a trajectory of stability, with the average asking price holding steady at ₹8,500 per sq ft as of June 2026. While the market saw fluctuations in previous quarters, such as a recorded rate of ₹7,150 per sq ft in September 2025 and ₹8,500 per sq ft in December 2025, the current lack of movement suggests a balanced supply-demand environment for prospective buyers.
Property rates vary significantly across the neighbouring areas of Mullanpur. As of June 2026, Sector 70 commands a premium with an average asking price of ₹14,200 per sq ft, though it has seen a depreciation of 5.65% compared to the previous period. Conversely, Kharar Road offers a more accessible entry point at ₹4,250 per sq ft, having experienced a notable appreciation of 24.63%. Other areas like Sector 121 are priced at ₹8,950 per sq ft, reflecting an appreciation of 11.29%.
Apartments in Mullanpur are currently priced at an average of ₹8,500 per sq ft as of June 2026. This segment has demonstrated strong growth, having appreciated by 19.44% over the observed period, signaling robust demand for apartment-style living in this locality.
As of June 2026, the average rental rate in Mullanpur is ₹13 per sq ft, with the market showing stable rental values at a 0% change. The current rental yield is 1.84%, a figure that investors typically use to gauge the annual return on investment relative to the capital cost of a property in this region.
For those seeking larger living spaces, a 3 BHK apartment in Mullanpur commands an average rent of ₹23,650 per month as of June 2026. This data point is essential for tenants planning their monthly budgets and for landlords looking to benchmark their rental income against current market standards.
Rental rates across the broader region are consistent, with several areas like Sunny Enclave, Sector 77, and Kharar Landran Road all recording an average rental rate of ₹50 per sq ft as of June 2026. While some areas like Sector 77 and Sunny Enclave have maintained stable rental values with 0% change, other pockets such as Kharar have seen a depreciation of 14.29%, and Sector 127 has experienced a depreciation of 4.55% over the same period.
