Mohali
Sector 127 represents a dynamic segment of the Mohali real estate market, characterized by a steady price point for residential apartments and specialized villa developments. Recent quarterly trends show a balanced valuation environment, maintaining accessibility for a wide range of homebuyers. The rental market is equally active, with studio and 1 BHK apartments providing consistent returns. The presence of nearby residential hubs adds to the area's overall appeal and long-term investment viability.
As of June 2026, the average asking price in Sector 127 is ₹4,500 per sq ft. This figure reflects a depreciation of 2.03% compared to the previous period, indicating a slight softening in the local market demand for residential apartments.
The property price trend in Sector 127 has shown some volatility, with the average asking price recorded at ₹4,500 per sq ft in June 2026, compared to ₹4,600 per sq ft in March 2026. This downward movement suggests a period of price correction, following a rise from ₹4,350 per sq ft in December 2025 and ₹4,200 per sq ft in September 2025.
Property prices in Sector 127 vary significantly when compared to surrounding areas in Mohali. For instance, while Sector 127 averages ₹4,500 per sq ft, other nearby localities show diverse pricing: Sunny Enclave commands a higher rate of ₹9,300 per sq ft (which depreciated by 1.92%), Sector 91 stands at ₹7,500 per sq ft (appreciating by 4.02%), and Sector 124 is priced at ₹7,150 per sq ft (depreciating by 16.77%). Conversely, more affordable options include Sector 115 at ₹4,050 per sq ft (appreciating by 16.16%) and Sector 123 at ₹4,200 per sq ft (appreciating by 9.73%).
As of June 2026, there is a clear price disparity between property types in Sector 127, with villas commanding a premium over apartments. Villas are currently priced at an average of ₹7,700 per sq ft, which represents a depreciation of 11.23% over the observed period. In contrast, apartments are more accessible at an average of ₹4,500 per sq ft, which has also seen a depreciation of 2.03%.
Rental rates in Sector 127 vary based on the unit configuration, catering to different tenant needs. As of June 2026, Studio apartments command an average monthly rent of ₹23,500, while 1 BHK apartments are available at an average monthly rent of ₹15,500. These figures provide a baseline for tenants and landlords looking to understand the current rental landscape in the area.
The rental market for apartments in Sector 127 is currently priced at an average of ₹50 per sq ft as of June 2026. This rate has experienced a depreciation of 4.55% compared to the prior period, reflecting a shift in rental demand or increased supply in the apartment segment.
Rental rates across Mohali show a consistent trend, with many areas like Kharar Road, Sas Nagar, Sector 88, Mullanpur, Sector 82, and Sector 82 A all averaging ₹50 per sq ft as of June 2026. Notably, Sector 66 B also averages ₹50 per sq ft but stands out with an appreciation of 4.76% compared to the previous period, whereas most other mentioned localities have remained stable with a 0% change.
