Mohali
The real estate market in Sector 113 shows a clear upward trend in capital values, backed by a resilient demand for apartment units. Investors are closely watching the steady appreciation that has brought the average rate to ₹6,050 per sq ft as of the final quarter of 2025. Rental activity across the broader region remains stable, with several key sectors maintaining consistent rental rates for residential tenants. This combination of capital growth and steady rental demand makes the area an attractive focal point for those looking to diversify their property portfolio within Mohali.
As of March 2026, the average asking price in Sector 113 stands at ₹6,050 per sq ft. This rate has remained stable, showing a 0% change compared to the previous period, which indicates a period of price equilibrium in the local residential apartment market.
Property prices in Sector 113 have shown a steady trajectory over the past year. The average asking price was ₹5,800 per sq ft in June 2025, rising to ₹6,050 per sq ft by September 2025 and maintaining that level through December 2025 and March 2026. This sustained pricing suggests a stable demand environment for residential apartments in the area.
Property rates in Mohali vary significantly across different sectors. For instance, Sector 77 commands a premium with an average asking price of ₹27,050 per sq ft, having appreciated by 16.97% compared to the previous period. In contrast, more affordable options are available in sectors like Sector 115, where the average asking price is ₹3,500 per sq ft, reflecting a depreciation of 4.01% over the same timeframe. Sector 113, with its average of ₹6,050 per sq ft, sits in the mid-range of this diverse market.
Apartments in Sector 113 are currently priced at an average of ₹6,050 per sq ft as of March 2026. This segment has seen a marginal appreciation of 0.22% compared to the previous period, reflecting a highly stable market for apartment-style living in this locality.
Rental rates in the vicinity of Sector 113 are currently uniform across several key areas, with an average rental rate of ₹50 per sq ft as of March 2026. While areas like Sector 77, Sunny Enclave, and Mullanpur have maintained stable rental rates with 0% change, other regions have experienced fluctuations. For example, rental rates in Kharar have depreciated by 14.29%, and rates in Aerocity have seen a depreciation of 9.52% compared to the previous period, suggesting that tenants currently have more negotiating power in those specific markets.
The rental market in Mohali shows a consistent baseline of ₹50 per sq ft across multiple sectors as of March 2026, though growth trends differ. While locations like Sector 77 and Sector 66 B have seen stable rental rates with 0% change, other areas like Sector 127 have faced a rental depreciation of 4.55% compared to the previous period. Investors should note that while the rental rate per sq ft is currently consistent at ₹50 across these hubs, the varying appreciation and depreciation trends highlight the importance of selecting a specific sector based on local rental demand dynamics.
