Mohali
The real estate landscape in Phase 5 and surrounding sectors of Mohali presents a multifaceted investment picture characterized by high-value villas and steady commercial demand. Market participants are witnessing distinct price shifts, with segments like Kharar Road showing significant upward momentum while established commercial hubs experience moderate adjustments. Rental demand remains uniform across the region, providing stable yields for property owners in prime locations. The interplay between residential and commercial assets ensures that buyers have options matching both luxury expectations and budget-conscious requirements.
As of June 2026, the average asking price in Phase 5 stands at ₹7,650 per sq ft. This reflects a positive growth trajectory, as the rate has appreciated from ₹7,100 per sq ft in March 2026. This upward movement in the average asking price suggests a strengthening demand within the micromarket over the recent quarter.
Property rates in Phase 5 have shown a consistent upward trend throughout the first half of 2026. The average asking price moved from ₹7,100 per sq ft in March 2026 to ₹7,650 per sq ft in June 2026. This consistent growth indicates sustained buyer interest and a tightening supply, signaling a potentially favorable environment for those who invested earlier in the year.
Rental rates across various Mohali neighbourhoods are currently quite uniform, with many areas like Sas Nagar, Kharar Road, Sector 82, Mullanpur, and Sector 82 A all maintaining an average rental rate of ₹50 per sq ft as of June 2026. Notably, Sector 66 B has seen a positive shift, with its rental rate of ₹50 per sq ft appreciating by 4.76% compared to previous periods. While most areas have seen stable rental pricing, the slight appreciation in Sector 66 B highlights a localized increase in demand for rental properties.
The rental market in Mohali is characterized by stable pricing, with several key sectors such as Sas Nagar, Kharar Road, and Sector 82 maintaining an average rental rate of ₹50 per sq ft as of June 2026. Investors should note that while most of these areas have seen no change in rental rates, Sector 66 B has experienced a 4.76% appreciation in rental values. This stability across the board suggests a predictable rental income environment, while the growth in specific pockets like Sector 66 B may offer better prospects for rental yield optimization.
Property rates in the vicinity of Phase 5 show significant diversity depending on the sector and property type as of June 2026. For instance, villas in Sector 77 command a premium at ₹27,050 per sq ft, having appreciated by 16.97% compared to previous periods, while apartments on Kharar Road are priced at ₹4,250 per sq ft, reflecting a strong appreciation of 24.63%. Conversely, some areas like Sector 78 have seen a depreciation of 4.49%, with rates at ₹22,900 per sq ft for villas, and Sector 70 office spaces have depreciated by 5.65% to ₹14,200 per sq ft, indicating that investors should carefully evaluate the specific asset class and location before making a decision.
