Mohali
Sector 89 has established itself as a premium residential destination in Mohali, characterized by consistent price appreciation and high-value property offerings. The market has maintained a steady upward trend over recent quarters, with current asking prices reaching ₹28,900 per sq ft. Rental activity is equally robust, supported by healthy demand for spacious 3 BHK apartments. Investors and homebuyers are increasingly drawn to this location due to its strong growth metrics and the premium nature of its villa inventory.
As of June 2026, the average asking price in Sector 89 is ₹28,900 per sq ft. This figure reflects a significant appreciation of 10.21% from December 2025 to March 2026, indicating strong demand for residential villa properties in this area.
Property prices in Sector 89 have shown a consistent upward trajectory over the last few quarters. The average asking price rose from ₹23,750 per sq ft in September 2025 to ₹26,250 per sq ft in December 2025, reaching ₹28,900 per sq ft by March 2026. This steady growth highlights sustained buyer interest and market confidence in the locality.
Sector 89 currently commands a premium average asking price of ₹28,900 per sq ft, which is notably higher than many surrounding areas. For instance, Sector 88 and Sector 98 have average asking prices of ₹7,550 per sq ft and ₹7,900 per sq ft respectively, while Sector 85 sits at ₹10,650 per sq ft. These variations suggest that Sector 89 is positioned as a higher-end residential hub, particularly for villa developments.
The residential market in Sector 89 is predominantly characterized by villas. As of June 2026, the average asking price for these villas stands at ₹28,900 per sq ft, which reflects an appreciation of 10.21% compared to the previous period. This focus on villa-style living differentiates the locality from neighbouring sectors that primarily offer apartment-based housing.
Tenants looking for residential options in Sector 89 can find 3 BHK apartments, which currently command an average monthly rent of ₹44,000. While the broader market average rental rate is currently not specified, this 3 BHK segment provides a clear benchmark for those seeking spacious family accommodation in this specific sector.
Sector 85 maintains a stable rental market with an average rental rate of ₹50 per sq ft as of June 2026. This rate has remained unchanged, showing 0% growth over the observed period, which indicates a period of price stability for tenants and landlords in that particular neighbourhood.
The 10.21% appreciation in the average asking price from December 2025 to March 2026 suggests a robust market with rising capital values. Investors should view this trend as a sign of high demand for premium residential assets, specifically villas, in Sector 89. When evaluating potential returns, it is important to balance this capital appreciation against the current rental landscape to determine the overall investment viability.
