Mohali
The Mullanpur property market has experienced a dynamic shift in valuation, with average asking prices rising to ₹8,500 per sq ft as of December 2025. This upward momentum is driven by strong interest in residential apartments, which have outperformed other segments with a notable 19.44% growth. Rental activity remains a key focal point, with an average rental yield of 1.84% and 3 BHK apartments commanding rents of approximately ₹23,650 per month.
The average asking price in Mullanpur is ₹8,500 per sq ft as of June 2026. This rate has remained stable with a 0% change, indicating that property values in this locality have held steady over the recent period.
Property rates in Mullanpur have shown a positive trajectory, with the micromarket rate rising from ₹7,100 per sq ft in March 2026 to ₹7,650 per sq ft in June 2026. This upward movement suggests growing demand and increasing confidence among buyers and investors in the area.
Property rates vary significantly across the vicinity of Mullanpur. As of June 2026, Sector 70 commands the highest rate at ₹14,200 per sq ft, though it experienced 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, which has seen a significant appreciation of 24.63% over the same timeframe, reflecting a rapidly developing market.
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% compared to the previous measurement period, highlighting the sustained preference for apartment living in this locality.
The average rental rate in Mullanpur is ₹13 per sq ft as of June 2026, with the rate remaining stable at 0% change. The current rental yield stands at 1.84%, which provides investors with a baseline for understanding the potential income generation relative to the capital investment required for properties in this area.
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 figure serves as a key benchmark for tenants and landlords, reflecting the current market valuation for residential apartment rentals in the locality.
Rental rates for apartments show consistency across key nearby areas, with both Kharar Road and Sas Nagar recording an average rental rate of ₹50 per sq ft as of June 2026. These rates have remained stable with a 0% change, suggesting a balanced rental market across these specific corridors.
Kharar Road has emerged as a high-growth area near Mullanpur, recording an appreciation of 24.63% as of June 2026. Other areas show mixed performance, such as Sector 121, which appreciated by 11.29%, while areas like Sector 124 and Sector 70 saw depreciations of 5.21% and 5.65% respectively, indicating a diverse investment landscape depending on the specific neighbourhood.
Users can leverage this data to benchmark current market values, such as the average asking price of ₹8,500 per sq ft in Mullanpur as of June 2026, against their budget. By analyzing the appreciation and depreciation trends across different property types and nearby sectors, buyers and investors can identify which areas offer the best value or growth potential for their specific real estate goals.
