Mohali
The real estate market in Sector 83 has demonstrated strong growth, with average property values reaching ₹11,500 per sq ft. Recent quarterly trends show a clear increase from the ₹10,000 per sq ft mark recorded in September 2025. Investors are increasingly looking at the area due to its healthy rental yield of 5.95%, which highlights the practical utility of residential assets here. Meanwhile, the rental market is supported by diverse property types, including functional office spaces that maintain consistent demand.
As of June 2026, the average asking price in Sector 83, Mohali is ₹11,500 per sq ft. This rate has remained stable with a 0% change, indicating a period of price consolidation in the local residential apartment market.
Property prices in Sector 83, Mohali have shown a positive trajectory over the past year. Data indicates that the average asking price rose from ₹10,000 per sq ft in September 2025 to ₹11,500 per sq ft by December 2025, reflecting a period of sustained demand and growth in the area.
Property rates vary significantly across the vicinity of Sector 83, Mohali, depending on the property type. For instance, while apartments in Sector 83 average ₹11,500 per sq ft, neighbouring areas like Sector 89 and Sector 77 command higher rates for villas, at ₹28,900 per sq ft (up 10.21%) and ₹27,050 per sq ft (up 16.97%) respectively, based on data from June 2026. Conversely, more affordable options are available in areas like Sector 98, where the average rate for apartments is ₹7,900 per sq ft, showing a marginal appreciation of 0.05%.
As of June 2026, the average rental rate in Sector 83, Mohali stands at ₹57 per sq ft, with the market maintaining stability at a 0% change. The area currently offers a rental yield of 5.95%, which serves as a key indicator for investors evaluating the potential income generation of their residential assets relative to the capital investment.
Office spaces in Sector 83, Mohali currently command an average rental rate of ₹50 per sq ft as of June 2026. This rate has remained unchanged at 0% over the observed period, providing a stable baseline for businesses and commercial tenants looking to establish a presence in this locality.
Apartments in Sector 83, Mohali are currently priced at an average of ₹11,500 per sq ft as of June 2026. This segment has experienced significant growth, having appreciated by 14.76% compared to the previous period, signaling strong buyer interest and a robust market for apartment-style living in this sector.
A rental yield of 5.95% in Sector 83, Mohali, as of June 2026, provides investors with a clear metric to assess the annual return on investment from rental income. When compared to the average sale price of ₹11,500 per sq ft for apartments, this yield suggests a balanced approach for those looking to combine long-term capital appreciation with steady monthly cash flow.
Yes, there is a distinct difference in both sale and rental markets between these two sectors. As of June 2026, apartments in Sector 85 have an average asking price of ₹10,650 per sq ft, which has appreciated by 11.07%, while the average rental rate in the same sector is ₹50 per sq ft, showing no change. This contrasts with the ₹11,500 per sq ft average asking price for apartments in Sector 83.
