Mohali
The real estate landscape in and around Phase 5, Mohali, presents a diverse mix of investment opportunities ranging from premium villa developments to accessible apartment projects. Market trends indicate a strong appetite for residential properties, with notable price appreciation seen in sectors like 77 and 89. Rental activity is equally balanced, providing steady returns for landlords across major hubs like Sas Nagar and Mullanpur. Development focus remains high, with established sectors continuing to attract interest from both end-users and investors looking for long-term growth.
As of June 2026, the average asking price in Phase 5 stands at ₹7,650 per sq ft. This reflects a positive growth trajectory, with prices rising from ₹7,100 per sq ft in March 2026, indicating a strengthening demand within this micromarket over the recent quarter.
Property rates in the vicinity of Phase 5 show significant variation depending on the location and property type. For instance, residential villas in Sector 89 are priced at ₹28,900 per sq ft (which has appreciated by 10.21% since the previous period), while apartments on Kharar Road are currently at ₹4,250 per sq ft, having seen a notable appreciation of 24.63%. Other areas like Sector 66 offer apartment rates of ₹10,200 per sq ft, reflecting a 2.51% appreciation, while Sector 63 villas are currently at ₹18,100 per sq ft, showing a slight depreciation of 1.63%.
The average rental rate across several key localities in Mohali, including Sas Nagar, Kharar Road, Sector 88, Mullanpur, and Sector 82 A, is consistently ₹50 per sq ft as of June 2026. Most of these areas have seen stable rental performance with a 0% change, reflecting a balanced rental market. However, Sector 66 B stands out with a rental rate of ₹50 per sq ft, which has appreciated by 4.76% compared to the previous period, signaling growing rental demand in that specific pocket.
The rental market in the broader Mohali region remains largely stable, with most major sectors such as Sas Nagar, Mullanpur, and Sector 88 maintaining a steady rental rate of ₹50 per sq ft as of June 2026. The only exception is Sector 66 B, where the rental rate of ₹50 per sq ft has appreciated by 4.76% from the previous period. This stability across most sectors suggests a consistent supply-demand equilibrium, making these areas reliable options for tenants seeking predictable rental costs.
Investors should look at the varying rates of appreciation and depreciation to gauge market health. For example, the 24.63% appreciation in Kharar Road apartment prices and the 16.97% appreciation in Sector 77 villa prices suggest high investor confidence and strong capital growth in those specific segments as of June 2026. Conversely, areas like Sector 70, which saw a 5.65% depreciation to ₹14,200 per sq ft, or Sector 78, which saw a 4.49% depreciation to ₹22,900 per sq ft, may indicate a market correction or a shift in buyer preference, requiring a more cautious approach for short-term investment.
