Property Rates in North Mohali, Chandigarh

Property rates in North Mohali have shown a dynamic upward trajectory, moving from ₹8,050 per sq ft in June 2025 to ₹8,850 per sq ft in September 2025, followed by a slight dip to ₹6,700 per sq ft in December 2025, before recovering to ₹8,950 per sq ft as of March 2026. This volatility indicates a market that is actively recalibrating based on supply and demand shifts, making it essential for buyers to monitor these quarterly fluctuations closely.

As of March 2026, apartments in North Mohali command an average price of ₹8,950 per sq ft, which has appreciated by 33.67% compared to the prior period. In contrast, villas are priced at an average of ₹12,150 per sq ft, reflecting a depreciation of 6.03% from the previous period. This price gap highlights that villas currently represent a premium segment, while the sharp appreciation in apartment rates suggests a surge in interest for high-density residential units.

As of March 2026, well-occupied projects in North Mohali are priced at an average of ₹4,950 per sq ft, which represents an appreciation of 7.09% compared to the previous period. While other status categories like 'Ready To Move' or 'Partially Ready To Move' currently show no active listing price data, the growth in well-occupied projects suggests that established communities are gaining value and attracting consistent buyer interest.

As of March 2026, Janta Land Sky Gardens leads the market with a listing rate of ₹5,950 per sq ft, maintaining stable pricing with no change reported. Other notable projects include Drishti Home and Veer Home, both priced at ₹4,950 per sq ft, which have seen an appreciation of 7.09% compared to the previous period. These projects represent the current upper tier of the listing market in North Mohali.

Rental rates across the broader region, including sectors like Sector 40, 44, 37, 36, 35, 49, and 33, are consistently observed at ₹50 per sq ft as of March 2026, with most areas showing stable pricing. Notably, Sector 38 also commands a rental rate of ₹50 per sq ft and has experienced a significant appreciation of 35% compared to the previous period, indicating a localized spike in rental demand for that specific sector.

Buyers can use this data to benchmark current asking prices, such as the ₹8,950 per sq ft average in North Mohali as of March 2026, against historical trends to determine if they are entering the market during a peak or a correction. By observing the appreciation or depreciation percentages—such as the 33.67% increase for apartments—buyers can identify which property types are currently gaining value. Additionally, comparing project-level rates like those for Janta Land Sky Gardens versus Drishti Home helps in assessing the value proposition of different developments.