Mohali
Sector 83 in Mohali is currently experiencing a strong growth phase, with property values rising significantly over the last three months. The market is primarily driven by residential apartments, which remain the top choice for buyers looking for modern living spaces. Rental activity is equally promising, offering property owners a rental yield of 5.95% on their investments. This combination of capital value appreciation and consistent rental demand makes the region a focal point for real estate investors.
As of March 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 last few quarters. Data indicates the location rate rose from ₹10,000 per sq ft in September 2025 to ₹11,500 per sq ft by December 2025, reflecting growing demand and market confidence in this area.
Apartments are the primary residential property type in Sector 83, Mohali, currently commanding an average asking price of ₹11,500 per sq ft as of March 2026. This segment has shown significant growth, having appreciated by 14.76% compared to previous valuation periods, highlighting strong buyer interest in apartment-style living within the sector.
Property rates in the vicinity of Sector 83, Mohali vary significantly based on property type and location. For instance, while Sector 83 averages ₹11,500 per sq ft, nearby areas like Sector 89 see villa rates at ₹28,900 per sq ft (which appreciated by 10.21%), and Sector 98 offers more accessible apartment rates at ₹7,900 per sq ft, which saw a marginal appreciation of 0.05%.
As of March 2026, the average rental rate in Sector 83, Mohali stands at ₹57 per sq ft, with a rental yield of 5.95%. The rental rate has remained stable at 0% change over the recent period, suggesting a balanced market for landlords and tenants. A rental yield of 5.95% is a key metric for investors, representing the annual income potential relative to the capital investment in the property.
In Sector 83, Mohali, office spaces are currently available for rent at an average rate of ₹50 per sq ft as of March 2026. This rate has remained stable with a 0% change, providing a consistent benchmark for commercial tenants and property owners looking to lease space in the area.
Investors should view the current average asking price of ₹11,500 per sq ft and the 5.95% rental yield as indicators of a maturing market. The price stability observed in the latest March 2026 data suggests a period of consolidation, while the historical growth from ₹10,000 per sq ft in September 2025 to current levels highlights the area's potential for capital appreciation over the medium term.
