Sector 88 continues to be a focal point for residential development in Mohali, characterized by steady price appreciation and a growing inventory of modern apartments. The locality has transitioned from a developing zone into a more mature residential hub, with asking prices reflecting the rising demand for well-connected and amenity-rich living spaces. Rental activity remains robust, with specific unit types attracting consistent interest from professionals and families. The market is further bolstered by premium project launches that have set new benchmarks for local real estate value.
As of June 2026, the average asking price in Sector 88 is ₹7,550 per sq ft. This figure reflects a significant market movement, having appreciated by 12.11% over the observed period. This upward trend indicates robust demand for residential apartments within this locality, positioning it as an active area for property seekers.
The property price trend in Sector 88 has shown a consistent upward trajectory through the first half of 2026. As of June 2026, the location rate reached ₹7,650 per sq ft, rising from ₹7,550 per sq ft in March 2026 and ₹6,750 per sq ft in December 2025. This steady growth suggests strengthening investor confidence and sustained interest in the micromarket.
As of June 2026, apartments in Sector 88 command an average price of ₹7,650 per sq ft, which has appreciated by 1.09% compared to previous periods. In contrast, new launch projects are currently priced at ₹8,850 per sq ft. The price stability observed in the new launch segment, with a 0% change, suggests that developers are maintaining current pricing levels to attract buyers in the early stages of project development.
Rental rates in the vicinity of Sector 88 remain relatively stable, with several key areas like Sas Nagar, Sector 82, Kharar Road, and Sector 82 A all maintaining an average rental rate of ₹50 per sq ft as of June 2026. However, some pockets show higher growth; for instance, Sector 66 B has seen its rental rate appreciate by 4.76%, while Aerocity has experienced a significant appreciation of 136.84% compared to the prior period. This indicates that while the broader region is stable, specific high-growth corridors are driving rental premiums.
As of June 2026, the rental market in Sector 88 offers diverse options for tenants, with 2 BHK apartments averaging ₹27,750 per month and 3 BHK apartments averaging ₹36,250 per month. These rates provide a clear benchmark for both tenants looking for residential space and landlords evaluating the income potential of their properties in the current market.
Noble Aurellia, a prominent project in Sector 88, is currently listed at ₹8,850 per sq ft as of June 2026. The project has seen a depreciation of 8.72% in its listing rate compared to the previous period. This adjustment may represent a strategic price correction or a shift in market positioning to align with current buyer expectations in the Mohali residential sector.
Investors should view the 12.11% appreciation in the average asking price (as of June 2026) as a signal of high demand and potential capital growth in Sector 88. By comparing the apartment average of ₹7,650 per sq ft against the premium pricing of new launches at ₹8,850 per sq ft, investors can better identify whether to target established inventory for immediate occupancy or new launches for long-term appreciation. Always monitor these quarterly trends to ensure your investment aligns with the current market trajectory.
