Mohali
The real estate landscape in Sector 123 showcases a dynamic pricing environment driven by a mix of luxury villa demand and steady apartment interest. Recent data confirms a healthy appreciation trend, with property values rising consistently over the past few quarters to reach the current average of ₹10,150 per sq ft. Investors are increasingly focusing on the sector's ability to maintain high value, while homeowners benefit from the steady growth of residential assets. This market remains a focal point for those seeking a balance between high-end villa living and more compact, budget-friendly apartment options.
As of June 2026, the average asking price in Sector 123 is ₹10,150 per sq ft. This figure reflects an appreciation of 5.61% compared to the previous period, indicating a steady rise in property values and sustained interest from buyers in this residential locality.
Property rates in Sector 123 have shown an upward trajectory in the most recent quarter, with the location rate rising from ₹3,800 per sq ft in March 2026 to ₹4,200 per sq ft in June 2026. This positive movement suggests a strengthening market environment for residential properties in the area.
Sector 123, with an average asking price of ₹10,150 per sq ft as of June 2026, sits in the mid-to-high range when compared to surrounding areas. For instance, Sector 115 offers more affordable entry points at ₹3,500 per sq ft, while premium pockets like Sector 77 command significantly higher rates at ₹27,050 per sq ft. These variations allow investors and homebuyers to choose locations based on their specific budget and lifestyle requirements.
As of June 2026, villas in Sector 123 are priced at an average of ₹9,550 per sq ft, which represents a depreciation of 6.28% compared to the prior period. Conversely, apartments in the same locality are priced at ₹4,200 per sq ft, showing a notable appreciation of 9.73% over the same timeframe. This divergence suggests that while the villa market is undergoing a price correction, the demand for apartments is currently driving stronger value growth.
Sector 123 presents a dynamic residential market with an average asking price of ₹10,150 per sq ft as of June 2026. With 68 active listings and a 5.61% appreciation rate, the area shows signs of healthy activity and capital growth potential. Investors should carefully weigh the current price trends against their long-term holding goals, keeping in mind that property types like apartments have recently outperformed villas in terms of price appreciation.
