Mohali
Sector 113 maintains a steady residential market with average asking prices of ₹6,050 per sq ft, providing a reliable entry point for those looking to invest in Mohali. Price trends have shown stability throughout the latter half of 2025, suggesting a balanced environment for both buyers and sellers. The rental market across nearby sectors like Sector 88 and Sector 82 remains active, with average rates hovering around ₹50 per sq ft. This consistent pricing structure supports long-term property value growth in the region.
The current average asking price in Sector 113 is ₹6,050 per sq ft as of Sep 2026. This rate has remained stable with a change percentage of 0% compared to previous reporting periods, indicating a consistent price environment for residential apartments in this locality.
Property price trends in the micromarket surrounding Sector 113 have shown a steady upward trajectory throughout 2026. As of Sep 2026, the micromarket rate reached ₹7,700 per sq ft, rising from ₹7,650 per sq ft in Jun 2026 and ₹7,100 per sq ft in Mar 2026. This consistent quarterly growth suggests strengthening demand and sustained interest from buyers in the broader area.
Property rates in Sector 113, currently at ₹6,050 per sq ft, sit in the mid-range when compared to surrounding areas in Mohali. For instance, Sector 89 commands a significantly higher average rate of ₹32,050 per sq ft, which has appreciated by 4.74% compared to the previous period. Conversely, more affordable options are available in areas like Sector 115, where the average rate is ₹4,300 per sq ft, reflecting a 6.38% appreciation, and Sector 110, where rates are ₹5,050 per sq ft, showing a depreciation of 0.51%.
Apartments in Sector 113 are currently priced at an average of ₹6,050 per sq ft as of Sep 2026. This segment has seen a modest appreciation of 0.22% compared to the previous period, confirming that apartments remain the primary and stable residential asset class within the locality.
Rental rates in the areas surrounding Sector 113 are currently averaging ₹50 per sq ft. In Sector 88, rental rates have seen a depreciation of 10% compared to the previous period, while in Sector 82, rates have depreciated by 7.41%. Meanwhile, Kharar Road has maintained stable rental rates with a 0% change, suggesting that while some pockets are seeing a market correction in rents, other locations are holding steady.
Investors should note that while the average rental rate in key nearby sectors like Sector 88, Sector 82, and Kharar Road is ₹50 per sq ft, the varying change percentages indicate different levels of rental demand. The depreciation seen in Sector 88 (-10%) and Sector 82 (-7.41%) suggests a potential softening of rental demand or an increase in available inventory in those specific pockets, whereas the stability on Kharar Road (0% change) points to a more balanced rental market.
