Property Rates in Mullanpur, Chandigarh

The Mullanpur real estate market in Chandigarh offers a dynamic landscape for prospective buyers and investors. With an average asking price of ₹7,842 per sq ft, the locality has experienced some price adjustments over the past few quarters, with rates slightly declining from ₹8,007 per sq ft in June 2025 to ₹7,842 per sq ft by December 2025. This trend suggests a potential stabilization or a slight buyer's advantage in the current market. When compared to neighboring areas, Mullanpur positions itself as a mid-range option; it is more affordable than premium locations like New Chandigarh (₹9,863 per sq ft) and significantly less than sectors like Sector 51 (₹18,939 per sq ft), yet higher than Nayagaon (₹3,898 per sq ft). The property market primarily comprises villas and apartments. Villas, representing the luxury segment, average ₹21,832 per sq ft, despite experiencing a 4.7% dip, while apartments are available at ₹7,842 per sq ft, showing a modest 0.76% decrease. The absence of recent registration data, rental rates, and specific information on top projects or developers limits a comprehensive analysis of market liquidity and developer-led growth, but highlights Mullanpur as an evolving market with potential.