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Property Rates in Mullanpur, Mohali

Comprehensive Market Snapshot

Property rates in Mullanpur average ₹8,500 per sq ft, reflecting a significant upward trend in recent months. The market has seen a sharp increase from ₹7,150 per sq ft earlier in the year, signaling growing buyer confidence. Investors are currently observing an average rental yield of 1.84%, with 3 BHK apartments commanding monthly rents of ₹23,650, highlighting the area's appeal for both long-term capital growth and consistent rental income streams.

  • Asking Sale Price₹ 8,500 /sq.ft
  • Average Rental₹ 13 /sq.ft
  • Rental Yield1.84 %

Insights for Mullanpur, Mohali Real Estate Market

The Mullanpur real estate market is currently experiencing a period of notable price appreciation, with rates climbing from ₹7,150 per sq ft to ₹8,500 per sq ft by the end of 2025. This growth is supported by a robust demand for residential apartments, which have seen a substantial 19.44% increase in value. Rental activity remains steady, providing investors with a stable yield of 1.84% as demand for larger residential units like 3 BHK apartments continues to gain momentum.

  • Residential apartment prices in Mullanpur have surged by 19.44% over the past year.
  • Average monthly rents for 3 BHK apartments now stand at ₹23,650.
  • The market has transitioned from a stable price point of ₹7,150 per sq ft to a higher valuation of ₹8,500 per sq ft.
  • Rental yields across the region are currently holding at 1.84%.

Market Strengths Market Strengths
  • Sustained price appreciation from ₹7,150 to ₹8,500 per sq ft indicates a healthy market.
  • Strong double-digit growth in property values across key residential hubs like Kharar Road and Sector 121.
  • Consistent demand for 3 BHK residential apartments supports long-term rental stability.
  • Diverse price points ranging from entry-level options on Kharar Road to premium villas in Sunny Enclave.
  • A clear upward trend in property values throughout the latter half of 2025.
Market Challenges Market Challenges
  • Rental yields in the broader region are currently moderate at 1.84%.
  • Commercial office spaces in areas like Sector 70 have seen a price decline of -5.65%.
  • Rental rates in Sector 127 have faced a downward adjustment of -4.55%.
  • Kharar rental rates have experienced a significant decline of -14.29%.
Investment Opportunities Investment Opportunities
  • Residential apartments offer strong growth potential with a 19.44% annual price increase.
  • 3 BHK apartments provide a steady income stream for landlords with average rents of ₹23,650 per month.
  • Kharar Road remains a high-growth entry point for investors, showing a 24.63% price appreciation.
  • Sector 121 continues to attract interest with an 11.29% increase in property rates.
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Property Price Trends in Mullanpur, Mohali

Asking Price Trends

Property values in Mullanpur have demonstrated a clear upward trajectory throughout 2025. After holding steady at ₹7,150 per sq ft through June and September, the market experienced a notable jump to ₹8,500 per sq ft by December. This shift reflects a strengthening local economy and increasing interest from homebuyers.

Quarter City Rate
Mar 2026 0
Dec 2025 8500
Sep 2025 7150
Jun 2025 7150
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Price Trends by Property Type

Mullanpur's real estate market is driven primarily by its residential sector, where apartments are currently priced at an average of ₹8,500 per sq ft. This category has seen a robust 19.44% appreciation, making it a focal point for those looking to invest in the region's expanding housing supply.

Type Rate (₹/sq.ft) Change %
Apartment 8,500 19.44
Price Trends by Localities

The surrounding micromarkets show a diverse range of pricing, with Sunny Enclave commanding a premium at ₹9,500 per sq ft. Sector 121 offers competitive residential options at ₹8,950 per sq ft, representing an 11.29% growth. Meanwhile, Kharar Road remains a more accessible entry point for buyers, currently averaging ₹4,250 per sq ft despite a strong 24.63% increase in value.

Location Rate (₹/sq.ft) Change %
Sector 121 8,950 11.3
Kharar Road 4,250 24.6
Sunny Enclave 9,500 4.7
Sunny Enclave 9,500 4.7
Sector 70 14,200 -5.6
Sector 70 14,200 -5.6

Property Rental Trends in Mullanpur, Mohali

Rental Trends by Unit Type

The rental market is anchored by 3 BHK apartments, which currently command an average monthly rent of ₹23,650. These residential units remain the most sought-after property type for families and professionals seeking space in the area.

Unit Type Rate (₹)
3 Bhk 23,650
Rental Trends by Nearby Localities

Rental rates across the region are consistently valued at ₹50 per sq ft in several key areas including Sunny Enclave, Sector 77, and Kharar Landran Road. However, market performance varies, with Sector 127 seeing a -4.55% change and Kharar experiencing a -14.29% adjustment in rental pricing.

Locality Rate (₹/sq.ft) Change %
Sunny Enclave 50 -
Sector 127 50 -4.5
Sector 77 50 -
Kharar 50 -14.3
Sector 77 50 -
Kharar Landran Road 50 -

FAQs about Property Rates in Mullanpur, Mohali

What is the current average asking price in Mullanpur?

The average asking price in Mullanpur is ₹8,500 per sq ft as of March 2026. This rate has remained stable with a change percentage of 0% compared to the previous period, indicating a period of price consolidation in the local residential market.

How have property prices in Mullanpur trended recently?

Property prices in Mullanpur have shown a significant upward trajectory over the last few quarters. The location rate rose from ₹7,150 per sq ft in June 2025 and September 2025 to ₹8,500 per sq ft in December 2025, signaling strong demand and growing investor interest in the area.

How do property prices compare across different neighbourhoods in Mullanpur?

Property prices vary significantly across the region, with Sector 70 commanding the highest rate at ₹14,200 per sq ft for commercial office space, though this has seen a depreciation of 5.65% compared to previous periods. In contrast, residential options like Sunny Enclave are priced at ₹9,500 per sq ft, reflecting an appreciation of 4.68%, while Sector 121 stands at ₹8,950 per sq ft, showing a robust appreciation of 11.29%.

What is the price trend for apartments in Mullanpur?

Apartments in Mullanpur currently have an average asking price of ₹8,500 per sq ft as of March 2026. This segment has experienced notable growth, having appreciated by 19.44% compared to the prior period, which highlights the increasing preference for apartment-style living in this micromarket.

What does the rental yield in Mullanpur indicate for investors?

The rental yield in Mullanpur currently stands at 1.84%, providing a baseline for income-focused investors evaluating the area. With an average rental rate of ₹13 per sq ft as of March 2026, which has remained stable with a 0% change, this yield reflects the current balance between capital appreciation and rental income generation in the locality.

What are the rental trends for 3 BHK apartments in Mullanpur?

The average rent for a 3 BHK apartment in Mullanpur is ₹23,650 per month as of March 2026. This rental price point serves as a key benchmark for families and professionals seeking larger residential spaces in the area, reflecting the current supply-demand dynamics for spacious apartment configurations.

How do rental rates compare across different areas near Mullanpur?

Rental rates are relatively uniform across several nearby areas, with Sunny Enclave, Sector 77, and Kharar Landran Road all recording an average rental rate of ₹50 per sq ft as of March 2026. However, some areas have seen adjustments; for instance, Sector 127 has seen a depreciation of 4.55% to reach ₹50 per sq ft, and Kharar has experienced a more significant depreciation of 14.29% to reach the same ₹50 per sq ft rate.

How should a buyer interpret the property rates data on this page?

A buyer should use the provided data to identify price trends and compare value across different micromarkets like Sector 121 or Sunny Enclave. By observing the appreciation or depreciation percentages—such as the 11.29% increase in Sector 121—buyers can gauge the growth potential of their investment and make informed decisions based on the current average asking price of ₹8,500 per sq ft as of March 2026.

Top Appreciating Localities near Mullanpur, Mohali

Kharar Road
Appreciation 24.6%

Micromarket-Wise Property Price Trends Around Mullanpur, Mohali

Mohali City Avg. Asking Price ₹ 13,050 /sq.ft

More insights about Mullanpur, Mohali

Mullanpur, Mohali Overview

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