Mohali
The real estate landscape in Sector 83 exhibits significant momentum, driven by a strong appetite for residential apartments. Current market data highlights a clear preference for quality housing, with prices reflecting a steady upward trend. Rental demand for office spaces remains stable, providing a consistent income stream for commercial investors in the vicinity. The local market dynamics are further shaped by the performance of neighboring sectors, which offer a range of price points for diverse buyer profiles.
As of September 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 balanced market environment where supply and demand are currently well-aligned.
The micromarket rate in Sector 83, Mohali has shown a steady upward trajectory throughout 2026, rising from ₹7,100 per sq ft in March 2026 to ₹7,650 per sq ft in June 2026, and reaching ₹7,700 per sq ft by September 2026. This consistent growth suggests increasing buyer interest and a strengthening real estate market in the locality.
Property prices in the vicinity of Sector 83 show significant variation, with Sector 67 commanding a premium at ₹11,650 per sq ft, while more affordable options are available in areas like Sector 116 at ₹5,000 per sq ft and Sector 117 at ₹5,600 per sq ft. Other notable rates include Sector 85 at ₹10,700 per sq ft, which appreciated by 0.83% from the previous period, and Sector 99 at ₹9,300 per sq ft, which saw an appreciation of 2.86%. Investors should note that some areas like Sector 79 have seen a depreciation of 4.7%, currently priced at ₹9,100 per sq ft.
Apartments in Sector 83, Mohali are currently priced at an average of ₹11,500 per sq ft as of September 2026. This segment has experienced significant growth, having appreciated by 14.76% over the observed period, reflecting strong demand for residential apartment living in this locality.
As of September 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, offering consistent pricing for businesses looking to establish a presence in the area.
Rental rates for commercial properties in the region surrounding Sector 83 are currently uniform at ₹50 per sq ft across several key locations, including Sector 82, Sector 82 A, Aerocity, Sector 88, and Kharar Road. While the rate is consistent, the market dynamics vary; for instance, Aerocity has seen a significant depreciation of 51.11% in rental rates, and Sector 88 has seen a depreciation of 10% compared to the previous period. Conversely, Sector 82 A and Kharar Road have maintained stable rental rates with 0% change, indicating steady demand in these specific pockets.
