Mohali
Sector 53 Mohali serves as a key residential and commercial node within the city, currently maintaining an average property rate of ₹9,850 per sq ft. The broader Mohali region displays a wide spectrum of pricing, ranging from high-premium villas in sectors like 77 and 63 to more accessible apartment options along Kharar Road. Rental activity across the city remains consistent, with many areas holding steady at an average of ₹50 per sq ft.
As of March 2026, the average asking price in Sector 53, Mohali is ₹9,850 per sq ft. This rate has remained stable, showing a 0% change, which indicates a period of price equilibrium in the local residential apartment market.
Property prices in Mohali vary significantly across different sectors and property types. For instance, as of March 2026, Sector 77 reports a high average asking price of ₹27,050 per sq ft for villas, having appreciated by 16.97% compared to previous periods. Conversely, more affordable options are available in areas like Kharar Road, where the average asking price for apartments is ₹4,250 per sq ft, which has seen a notable appreciation of 24.63%.
Rental rates across various Mohali localities currently hover around ₹50 per sq ft as of March 2026. While many areas like Sector 77, Mullanpur, and Sunny Enclave have maintained stable rental rates with a 0% change, some locations have experienced shifts. For example, Sector 127 has seen a depreciation of 4.55% in rental rates, and Kharar has recorded a more significant depreciation of 14.29% compared to prior periods.
Investors looking at Mohali should note that while the average rental rate is consistent at ₹50 per sq ft across several key sectors as of March 2026, the market is not uniform in its performance. The stability in rates for areas like Sector 77 and Mullanpur suggests a steady demand for rental housing. However, the depreciation observed in Kharar (-14.29%) and Sector 127 (-4.55%) highlights the importance of micro-market selection, as rental income potential can vary based on local supply and tenant preference.
You can use the data on this page to benchmark property values and identify market trends in Sector 53 and its surrounding areas. By comparing the average asking price of ₹9,850 per sq ft in Sector 53 against other localities like Sector 66 (₹10,200 per sq ft) or Sector 116 (₹4,850 per sq ft), you can determine if a property is priced competitively. Always consider the appreciation or depreciation percentages provided, such as the 2.51% increase in Sector 66, to understand whether a specific neighborhood is currently experiencing upward or downward price momentum.
