Sector 117 in Mohali presents a current asking price of ₹5,158 per sq ft, with no government registration rate applicable at the moment. While average rental rates are not available, the property market shows a positive trend in asking prices, projecting an increase to ₹5,158 per sq ft by March 2026. The residential segment, particularly apartments, is priced at ₹5,158 per sq ft with a recent 1.6% increase, while showrooms are priced at ₹8,669 per sq ft, showing a slight decrease of 2.26%.
Sector 117 in Mohali is currently seeing an asking price of ₹5,158 per sq ft, with a positive price trajectory projected to reach ₹5,158 per sq ft by March 2026. This upward trend is supported by a recent 1.6% increase in apartment prices, which stand at ₹5,158 per sq ft, making them the dominant residential offering. Meanwhile, showrooms in the area are priced higher at ₹8,669 per sq ft, though they have experienced a slight dip of 2.26%. Neighboring areas such as Sector 98 command higher rates at ₹7,913 per sq ft, while Sector 116 offers a more affordable option at ₹4,845 per sq ft. The rental market data is not available for Sector 117, limiting a full picture of rental yields and income potential.
Market Strengths
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The property market in Sector 117, Mohali, is showing a steady upward trend in asking prices. Projections indicate that the average asking price will climb to ₹5,158 per sq ft by March 2026. This follows a period of moderate growth, with prices moving from ₹6,449 per sq ft in June 2025 to ₹5,070 in September 2025, and then to ₹5,077 in December 2025, before the projected rise.
Sector 117's real estate market features distinct pricing for different property types. Apartments are the most prevalent residential option, averaging ₹5,158 per sq ft and showing a positive growth of 1.6%. Commercial spaces, specifically showrooms, are priced higher at ₹8,669 per sq ft, although they have seen a slight decrease of 2.26%. This suggests a stronger demand and appreciation trend for residential apartments in the area compared to commercial showrooms.
Examining property rates across Mohali reveals a varied landscape, with Sector 117 currently priced at ₹5,158 per sq ft. Nearby, Sector 98 commands a higher average of ₹7,913 per sq ft, while Sector 116 offers a more accessible entry point at ₹4,845 per sq ft. Other sectors like Sector 67 and Sector 79 represent the higher end, with rates at ₹9,475 per sq ft and ₹9,606 per sq ft respectively. Sector 66-A stands out with the highest average rate at ₹12,817 per sq ft, indicating significant price variations within Mohali.
As of March 2026, the average asking price in Sector 117, Mohali stands at ₹5,158 per sq ft. This represents a 1.6% appreciation from the previous quarter, indicating a positive trend in property values for the locality.
Property rates in Sector 117, Mohali have shown some fluctuation over the past year. From a rate of ₹6,449 per sq ft in June 2025, prices saw a decrease to ₹5,070 per sq ft by September 2025 and remained at ₹5,077 per sq ft in December 2025. However, by March 2026, the average asking price appreciated by 1.6% to ₹5,158 per sq ft, suggesting a recent recovery in the market.
As of March 2026, the average asking price in Sector 117, Mohali is ₹5,158 per sq ft. The provided data indicates that the Government Registration Rate for this locality is ₹0 per sq ft, highlighting a significant gap between market expectations and official valuation rates.
Property prices vary considerably across sectors neighboring Sector 117, Mohali. Sector 66-a has the highest average rate at ₹12,817 per sq ft, followed by Sector 79 at ₹9,606 per sq ft, and Sector 70 at ₹9,477 per sq ft. In contrast, Sector 116 shows the lowest average rate among the listed nearby sectors at ₹4,845 per sq ft, which has depreciated by 6.43% from the previous period.
In Sector 117, Mohali, apartments are priced at an average of ₹5,158 per sq ft as of March 2026, showing a 1.6% appreciation. Showrooms in the area are priced higher, averaging ₹8,669 per sq ft, but have seen a depreciation of 2.26% over the same period.
Rental rates in micromarkets near Sector 117, Mohali show variation. Sector 77 offers the highest average rental rate at ₹26 per sq ft, with no change from the previous period. Sunny Enclave and Sector 66 B are both at ₹21 per sq ft, while Sector 127 has an average rental rate of ₹21 per sq ft, reflecting a 4.55% depreciation. Aerocity has the lowest average rental rate at ₹19 per sq ft, indicating a depreciation of 9.52%.
The provided data indicates that the average rental yield for Sector 117, Mohali is 'NA' (Not Available). This suggests that while rental properties exist in the area, a standardized yield calculation is not currently available through this dataset.
The data for Sector 117, Mohali does not provide a breakdown of rental rates by BHK configuration. However, for nearby micromarkets, average rental rates range from ₹19 per sq ft in Aerocity to ₹26 per sq ft in Sector 77. This indicates a general rental market in the vicinity, though specific BHK price points are not detailed.
Sector 79 has seen a substantial appreciation of 24.83% in its average property rates, reaching ₹9,606 per sq ft. Conversely, Sector 116 has experienced a depreciation of 6.43%, with its average rate standing at ₹4,845 per sq ft as of March 2026. Other listed sectors like Sector 98 and Sector 66 have shown modest appreciation or stable rates.
As of March 2026, the average asking price for apartments in Sector 117, Mohali is ₹5,158 per sq ft. The micromarket rate for the same period is reported as ₹7,116 per sq ft. This indicates that apartments within Sector 117 are priced below the broader micromarket average, suggesting potential value for buyers.
A listing count of 71 in Sector 117, Mohali as of March 2026 suggests a moderate level of available inventory in the market. This number provides a snapshot of the current supply of properties for sale in the locality, which can be a factor for buyers considering their options.
Property Valuation 
