Property Rates in Sector 123, Mohali

Sector 123 in Mohali is experiencing an encouraging phase in its real estate journey, marked by a current asking price of ₹5,201 per sq ft. Analysis of quarterly trends reveals a notable surge, with the average location rate escalating from ₹4,729 per sq ft in September 2025 to ₹5,201 per sq ft by December 2025, representing a significant 9.98% jump. This positive momentum positions Sector 123 competitively, especially when compared to nearby areas like Sector 117 (₹5,077 per sq ft) and Sector 74 (₹5,257 per sq ft). However, it remains more accessible than premium sectors such as Sector 121 (₹8,709 per sq ft) or Sector 70 (₹9,477 per sq ft), presenting an attractive entry point for investors. Delving into property types, apartments are leading the charge with an average price of ₹5,201 per sq ft and a strong 9.98% appreciation. Conversely, villas are priced higher at ₹8,752 per sq ft but have experienced a 9.06% decrease in value. The absence of detailed project-specific data, rental rates, and government registration statistics suggests a market that is either nascent in its data reporting or characterized by private transactions, making a comprehensive transactional overview challenging. Despite this, the evident price growth in the residential segment, particularly apartments, highlights the sector's potential for capital appreciation.