Mohali
Sector 78 stands as a prominent residential hub in Mohali, characterized by high-value villa properties and growing demand for apartment living. The market has observed shifting price trends, with recent quarterly data highlighting a rise to ₹9,150 per sq ft for location-based rates by June 2026. Rental interest remains steady, with 2 BHK apartments averaging ₹24,500 per month. Investors are increasingly looking at surrounding areas like Sector 66 and Sector 82, where rental rates consistently hold at ₹50 per sq ft.
As of June 2026, the average asking price in Sector 78 is ₹22,900 per sq ft. This figure reflects a depreciation of 4.49% compared to the previous period, indicating a recent market correction for residential villas in this locality.
As of June 2026, property prices in Sector 78 show a distinct divide based on property type. Villas are currently priced at an average of ₹22,900 per sq ft, which has depreciated by 4.49% over the observed period. In contrast, apartments are priced at ₹9,150 per sq ft, showing a significant appreciation of 14.89% during the same timeframe, suggesting a shift in demand toward apartment living in the area.
The property rates in Sector 78 have shown a dynamic trajectory through June 2026. Data indicates that the micromarket rate rose from ₹7,100 per sq ft in March 2026 to ₹7,650 per sq ft by June 2026. This upward movement in the micromarket rate suggests strengthening interest in the locality, even as specific high-end segments like villas have experienced recent price adjustments.
Rental rates in the vicinity of Sector 78 are largely consistent at ₹50 per sq ft across several neighbouring areas, including Sector 88, Sas Nagar, Sector 82, Sector 82 A, and Kharar Road, as of June 2026. While many of these areas have seen stable rental pricing, Sector 66 B has bucked the trend with an appreciation of 4.76% in rental rates, whereas Aerocity has experienced a depreciation of 10.53% during the same period.
As of June 2026, the average monthly rent for a 2 BHK apartment in Sector 78 is ₹24,500. This provides a clear benchmark for prospective tenants looking for residential options in this specific sector, helping them align their budgets with the current market offerings for mid-sized apartment units.
Investors should note that Sector 78, with an average villa price of ₹22,900 per sq ft as of June 2026, sits at a premium compared to many surrounding residential hubs. For instance, Sector 88 offers apartments at a much lower entry point of ₹7,550 per sq ft, which has appreciated by 12.11%. Comparing these figures allows investors to weigh the high-value villa market of Sector 78 against the more accessible, high-growth apartment markets in neighbouring sectors.
The recent data from June 2026 shows a complex market environment in Sector 78, characterized by a 4.49% depreciation in villa prices alongside a 14.89% appreciation in apartment prices. This divergence suggests that while the premium villa segment is undergoing a price consolidation, the apartment segment is seeing robust demand. Buyers should evaluate their long-term goals, as the current trends highlight a clear preference shift toward apartment-style living in this locality.
