Mohali
Sector 102 A represents a balanced residential hub within Mohali, currently sustaining an average asking price of ₹8,000 per sq ft. The market displays steady growth patterns, supported by diverse residential options in nearby localities. Rental activity in the region is equally stable, with several neighboring sectors recording consistent rates of ₹50 per sq ft, indicating a healthy appetite for both long-term ownership and rental investments.
The average asking price in Sector 102 A is ₹8,000 per sq ft as of Jun 2026. This rate has remained stable with a 0% change, indicating a period of price consistency in the local residential apartment market.
Property rates in Sector 102 A have shown a positive trajectory in the micromarket, with rates rising from ₹7,100 per sq ft in Mar 2026 to ₹7,650 per sq ft in Jun 2026. This upward movement suggests strengthening demand and growing interest in the area over the last quarter.
Property rates in Sector 102 A, currently at ₹8,000 per sq ft, are positioned competitively against several surrounding neighbourhoods. For instance, Sector 99 has an average asking price of ₹8,300 per sq ft, which has appreciated by 2.05% compared to the previous period. Other nearby areas show higher price points, such as Aerocity at ₹9,450 per sq ft (which appreciated by 13.9%) and Sector 85 at ₹10,650 per sq ft (which appreciated by 11.07%), reflecting the premium nature of those specific locations.
Among the surrounding localities, Aerocity has experienced the most notable growth, with its average asking price reaching ₹9,450 per sq ft, reflecting an appreciation of 13.9% over the observed period. Sector 85 also shows strong performance with an average rate of ₹10,650 per sq ft, marking an 11.07% appreciation. These trends highlight a robust demand for residential apartments in these specific high-growth corridors.
The rental market in the vicinity of Sector 102 A is currently stable, with most major localities such as Sector 82, Sector 82 A, SAS Nagar, and Kharar Road commanding an average rental rate of ₹50 per sq ft as of Jun 2026. While many of these areas have seen 0% change in rental rates, Sector 66 B has shown growth, with rates at ₹50 per sq ft reflecting a 4.76% appreciation. Conversely, Aerocity has seen a rental depreciation of 10.53%, bringing its average rental rate to ₹50 per sq ft.
Investors looking at the region should note that while the average rental rate across several key localities like Sector 82 and SAS Nagar is consistent at ₹50 per sq ft, the varying appreciation and depreciation percentages provide insight into local demand shifts. For example, the 4.76% appreciation in Sector 66 B suggests a tightening supply or increased tenant preference, whereas the 10.53% depreciation in Aerocity indicates a market correction or an increase in available rental inventory. Monitoring these fluctuations is essential for assessing the long-term income potential of properties in these specific sectors.
