Mohali
Sector 123 serves as a prominent residential destination in Mohali, currently maintaining an average property rate of ₹10,150 per sq ft. The market demonstrates a dynamic pricing environment, with villa-focused developments driving significant value appreciation over recent quarters. Buyers and investors benefit from a clear segmentation of property types, where premium villa projects contrast with more accessible apartment offerings. This price diversity ensures that the sector remains attractive to both end-users seeking luxury living and investors hunting for long-term growth.
As of March 2026, the average asking price in Sector 123 is ₹10,150 per sq ft. This rate has appreciated by 5.61% compared to the previous period, signaling a resilient demand for residential villas in this locality. Buyers and investors should note that this growth reflects the current market sentiment for premium residential assets in the area.
Property prices in Sector 123 have shown a recovery trend, with the average rate rising to ₹10,150 per sq ft in March 2026 from ₹9,600 per sq ft in December 2025. While the market experienced fluctuations in mid-2025, reaching ₹11,250 per sq ft in June 2025 and ₹10,950 per sq ft in September 2025, the recent quarterly movement indicates a positive trajectory. This upward shift from the December 2025 low suggests renewed buyer interest and a tightening of available inventory.
Property rates in Sector 123, currently at ₹10,150 per sq ft, place it in the mid-to-high range when compared to surrounding areas. For context, Sector 115 offers a more affordable entry point at ₹3,500 per sq ft, while premium locations like Sector 77 command significantly higher rates at ₹27,050 per sq ft. Investors should observe that Sector 123 sits at a distinct price point that balances its villa-centric residential nature against the diverse pricing landscape of the broader Mohali region.
In Sector 123, villas are currently priced at an average of ₹10,150 per sq ft as of March 2026, which represents an appreciation of 5.61% over the observed period. In contrast, apartments are available at a significantly lower average of ₹3,800 per sq ft, though this segment has seen a depreciation of 26.71% compared to the previous period. This substantial price gap highlights that the market in Sector 123 is heavily skewed toward villa-style living, which currently commands a premium over apartment stock.
A buyer should interpret the recent price movement in Sector 123 as a sign of market stabilization following the volatility seen in 2025. With the rate moving from ₹9,600 per sq ft in December 2025 to ₹10,150 per sq ft in March 2026, the market is demonstrating a clear recovery. Potential buyers should weigh this 5.61% appreciation against their long-term investment horizon, as the current trend suggests that the locality is maintaining its value proposition for residential villa seekers.
