Property Rates in Sector 115, Mohali

Sector 115 in Mohali is currently experiencing a dynamic phase in its property market, with an average asking price standing at ₹3,642 per sq ft. An analysis of quarterly price trends reveals a downward adjustment in overall location rates, moving from ₹4,572 per sq ft in June 2025 to ₹3,642 per sq ft by December 2025. This correction is primarily influenced by the apartment segment, which has seen a decline of 10.95%. Conversely, the villa market within Sector 115 is thriving, commanding an average of ₹12,094 per sq ft and showcasing an impressive 21.89% appreciation. When compared to neighboring areas, Sector 115 offers a more accessible entry point than premium localities like Sector 118 (₹8,357 per sq ft) or Kharar-Kurali Highway (₹6,581 per sq ft). However, some adjacent areas such as Sector 127 and Sunny Enclave have shown positive growth, indicating varied market dynamics across the broader region. The absence of data on rental rates, government registrations, top projects, and leading developers suggests a market that may be less formally tracked or is in an evolving stage, requiring buyers and investors to conduct thorough due diligence.