Mohali
Sector 118 stands out as a specialized market in Mohali, currently driven by its robust commercial segment and proximity to key growth corridors. While residential activity continues to influence the surrounding micro-markets, this sector remains a focal point for those prioritizing commercial viability and strategic location. The rental market across the broader region shows consistent demand, with average rates hovering around ₹50 per sq ft in most established hubs. Future development in this area is expected to align with the rising demand for organized retail and office spaces.
As of June 2026, the average asking price in Sector 118 is ₹8,350 per sq ft. This rate has remained stable with a 0% change, indicating a period of price consistency in this locality.
The micromarket rates in Sector 118 have shown an upward trajectory, moving from ₹7,100 per sq ft in March 2026 to ₹7,650 per sq ft in June 2026. This increase reflects a strengthening demand within the micromarket over the last quarter.
Property prices vary significantly across the region, with Sector 118 currently at ₹8,350 per sq ft. Nearby, areas like Sunny Enclave command a higher average of ₹9,300 per sq ft, despite a 1.92% depreciation from the previous period, while more affordable options are available in Sector 115 at ₹4,050 per sq ft, which has seen a significant appreciation of 16.16% compared to the previous period.
As of June 2026, the average price for showrooms in Sector 118 is ₹8,350 per sq ft. This segment has experienced an appreciation of 2.51% compared to the previous period, signaling sustained investor interest in commercial property types within the locality.
Rental rates in the broader Mohali region are generally consistent, with many areas such as Kharar Road, Sas Nagar, Sector 88, Mullanpur, and Sector 82 all maintaining an average rental rate of ₹50 per sq ft as of June 2026. These rates have remained stable with a 0% change, providing a predictable cost environment for tenants.
Yes, Sector 66 B has shown growth in the rental market, with an average rental rate of ₹50 per sq ft as of June 2026. This represents an appreciation of 4.76% compared to the previous period, suggesting that this specific pocket is seeing rising demand for rental properties relative to other nearby sectors.
The 0% change in the average asking price of ₹8,350 per sq ft as of June 2026 suggests a balanced market where supply and demand are currently in equilibrium. For prospective buyers, this stability indicates a predictable pricing environment, while investors might look for specific project-level opportunities that offer potential for future appreciation.
