Mohali
The real estate landscape in Sector 115 is characterized by steady price appreciation and a robust mix of residential offerings. Prices have moved from ₹3,500 per sq ft in early 2026 to the current average of ₹4,300 per sq ft, reflecting sustained interest in the area. Renters also find value here, with 1 BHK and 2 BHK apartments providing stable rental income options. The market is increasingly defined by the contrast between accessible apartment living and premium villa developments.
As of Sep 2026, the average asking price in Sector 115 is ₹4,300 per sq ft. This rate has appreciated by 6.38% compared to the previous period, reflecting a positive growth trend in the local residential market.
Property prices in Sector 115 have shown a consistent upward trajectory throughout 2026. The average asking price rose from ₹3,500 per sq ft in Mar 2026 to ₹4,050 per sq ft in Jun 2026, and further to ₹4,300 per sq ft as of Sep 2026, signaling strong and sustained buyer demand in the area.
Property rates vary significantly across the region, with Sector 115 currently at ₹4,300 per sq ft. For comparison, nearby areas like Kharar are priced at ₹5,350 per sq ft (which depreciated by 0.78%), Sector 126 at ₹5,600 per sq ft (depreciated by 2.2%), and Sector 91 at ₹7,550 per sq ft (appreciated by 0.44% from the previous period). These figures help investors identify that Sector 115 remains a more accessible entry point compared to the premium pricing seen in sectors like 91 or 123.
As of Sep 2026, there is a distinct pricing gap between property types in Sector 115. Apartments are currently priced at an average of ₹4,300 per sq ft, having appreciated by 6.38% from the previous period. In contrast, villas command a significantly higher average of ₹12,100 per sq ft, which has seen a substantial appreciation of 21.89% over the same timeframe, indicating a strong preference for premium villa segments.
Tenants looking for rental options in Sector 115 will find that 1 BHK apartments have an average monthly rent of ₹15,750, while 2 BHK apartments are available at an average of ₹18,000 per month as of Sep 2026. These rates provide a clear baseline for both tenants planning their budgets and investors assessing potential monthly income from residential units in the locality.
Rental rates in the broader Mohali region show varied performance as of Sep 2026. Areas like Kharar Road and Mullanpur maintain stable rental rates at ₹50 per sq ft with 0% change. Meanwhile, Sector 88 and Sector 82 have both seen rental depreciation, with rates at ₹50 per sq ft reflecting a 10% and 7.41% decrease respectively compared to the previous period. This data suggests that while some established sectors are seeing a softening in rental demand, other areas are maintaining price stability.
The price trend data for Sector 115 indicates a healthy, growing market. With the average asking price increasing from ₹3,500 per sq ft in Mar 2026 to ₹4,300 per sq ft in Sep 2026, the consistent quarter-over-quarter growth suggests that the locality is gaining traction among homebuyers. Investors should view this upward momentum as a signal of rising confidence in the area's development and infrastructure.
