Mohali
The real estate landscape in Sector 102 A is defined by its competitive entry pricing and its proximity to rapidly appreciating hubs within Mohali. Market participants can observe a stable baseline of ₹8,000 per sq ft, which serves as a foundation for residential investment. Rental demand in the surrounding region remains consistent, with several key sectors maintaining a steady rental rate of ₹50 per sq ft. This consistent pricing across various nearby localities suggests a uniform demand for residential space throughout this part of the city.
The current average asking price in Sector 102 A is ₹8,000 per sq ft as of Jun 2026. This rate has remained stable, showing a 0% change, which indicates a period of price equilibrium in the local market. With 177 active listings, the area maintains a steady supply of residential apartments for prospective buyers.
Property prices in Sector 102 A have shown a positive upward trajectory in the micromarket rate, which rose to ₹7,650 per sq ft in Jun 2026 from ₹7,100 per sq ft in Mar 2026. This growth suggests strengthening demand within the micromarket over the last quarter. Investors and homebuyers can interpret this trend as a sign of increasing market confidence in the locality's development potential.
Property rates in Sector 102 A, currently at ₹8,000 per sq ft, are generally more accessible than several surrounding areas. For instance, Sector 85 commands a higher average of ₹10,650 per sq ft, having appreciated by 11.07% compared to previous periods, while Aerocity stands at ₹9,450 per sq ft, reflecting a significant 13.9% appreciation. Conversely, Sector 98 offers a slightly lower entry point at ₹7,900 per sq ft, which has seen a marginal appreciation of 0.05%.
Rental rates in the vicinity of Sector 102 A are currently uniform across several key neighbourhoods, with areas like Sector 82 A, Sas Nagar, and Kharar Road all recording an average rental rate of ₹50 per sq ft. While Sector 82 A, Sas Nagar, and Kharar Road have seen stable rental trends with 0% change, other areas show more volatility. For example, Sector 66 B has seen its rental rates appreciate by 4.76%, while Aerocity has experienced a depreciation of 10.53% in rental rates as of Jun 2026.
Investors should note that while the average rental rate in many nearby localities is ₹50 per sq ft, the performance varies significantly by location. The stability observed in sectors like Sector 82 A and Sas Nagar (0% change) suggests a consistent demand-supply balance, whereas the 10.53% depreciation in Aerocity indicates a potential softening in rental demand or an increase in available rental inventory. Monitoring these fluctuations is essential for landlords and investors to gauge the income potential of their properties relative to the broader Mohali market.
