Mohali
Sector 115 in Mohali has emerged as a key residential hub, characterized by a steady increase in property values and high demand for apartment living. Recent quarterly data shows a robust upward movement in rates, supported by a diverse inventory that caters to both budget-conscious buyers and those seeking premium villa lifestyle options. The rental market is equally active, with 1 BHK and 2 BHK apartments providing stable monthly income streams for property owners. This combination of capital appreciation and steady rental demand positions the sector as a balanced choice for real estate investment.
As of June 2026, the average asking price in Sector 115 is ₹4,050 per sq ft. This figure reflects a significant market appreciation of 16.16% compared to the previous period, signaling robust demand and growing interest from homebuyers in this locality.
Property prices in Sector 115 have shown a clear upward trajectory in recent months. The average asking price rose from ₹3,500 per sq ft in March 2026 to ₹4,050 per sq ft by June 2026, indicating a positive momentum for property values in the area.
Sector 115, with an average asking price of ₹4,050 per sq ft, offers a relatively accessible entry point compared to premium pockets like Sunny Enclave, which commands ₹9,300 per sq ft, or Sector 91 at ₹7,500 per sq ft. Other nearby areas include Sector 123 at ₹4,200 per sq ft and Kharar at ₹5,400 per sq ft, providing a diverse range of price points for prospective buyers to consider based on their budget and location preferences.
There is a notable price gap between property types in Sector 115 as of June 2026. Apartments are currently priced at an average of ₹4,050 per sq ft, having appreciated by 16.16% over the observed period, while villas command a premium average of ₹12,100 per sq ft, which has seen a substantial appreciation of 21.89%.
Rental rates in Sector 115 are structured based on unit size, with 1 BHK apartments averaging ₹15,750 per month and 2 BHK apartments averaging ₹18,000 per month as of June 2026. These figures provide a clear baseline for tenants looking for residential options in the locality and help landlords understand the current market-driven rental expectations.
Rental rates across several Mohali localities, including Kharar Road, Sas Nagar, Sector 88, Mullanpur, and Sector 82, currently stand at a uniform ₹50 per sq ft as of June 2026, showing stability with a 0% change. In contrast, Sector 66 B has seen rental growth, with rates appreciating by 4.76% during the same period, making it a distinct market segment for those monitoring rental trends.
The consistent appreciation in Sector 115, where apartment prices rose by 16.16% as of June 2026, suggests a strengthening market that may appeal to investors looking for capital growth. When evaluating the area, it is helpful to compare these growth figures against the broader Mohali market to determine if the current entry price aligns with long-term investment goals.
