Sector 83 in Mohali is currently experiencing a period of significant price appreciation, with average property rates reaching ₹11,500 per sq ft. This growth trajectory is supported by a robust demand for residential apartments, which have seen a substantial 14.76% increase in value. Rental activity remains equally dynamic, offering attractive yields for property owners while maintaining a steady flow of interest in office spaces. The surrounding sectors present a varied price landscape, allowing investors to compare value across different parts of the city.
The average asking price in Sector 83, Mohali is ₹11,500 per sq ft as of June 2026. This rate has remained stable with a change percentage of 0% compared to previous periods, indicating a period of price consolidation in this residential apartment market.
The micromarket rate in Sector 83, Mohali has shown an upward trajectory, moving from ₹7,100 per sq ft in March 2026 to ₹7,650 per sq ft in June 2026. This increase reflects growing demand for residential spaces in the area, suggesting a positive outlook for investors and end-users alike.
Property rates in the vicinity of Sector 83 vary significantly based on the property type and local development. For instance, Sector 88 offers apartments at ₹7,550 per sq ft, which appreciated by 12.11% from the previous period, while villa-heavy areas like Sector 77 command higher rates of ₹27,050 per sq ft, having appreciated by 16.97%. Other nearby options include Sector 85 at ₹10,650 per sq ft (up 11.07%) and Sector 98 at ₹7,900 per sq ft (up 0.05%), allowing buyers to choose between premium villa communities and more accessible apartment-focused sectors.
The average rental rate in Sector 83, Mohali stands at ₹57 per sq ft as of June 2026, with no change in rates observed during this period. The area currently offers a rental yield of 5.95%, which serves as a key metric for investors evaluating the income-generating potential of their properties relative to the capital investment required.
As of June 2026, office spaces in Sector 83, Mohali are available at an average rental rate of ₹50 per sq ft. This rate has remained stable with a 0% change, providing a consistent benchmark for commercial tenants and property owners looking to lease out workspace in this sector.
Apartments in Sector 83, Mohali are currently priced at an average of ₹11,500 per sq ft as of June 2026. This segment has seen significant growth, having appreciated by 14.76% compared to the previous period, which signals strong buyer interest and a robust demand for apartment-style living in this specific micromarket.