Mohali
Sector 89 has emerged as a high-value residential hub in Mohali, currently led by premium villa developments. The market has experienced consistent price growth throughout the year, with rates climbing from earlier levels to reach the current average of ₹28,900 per sq ft. Rental demand remains healthy, particularly for larger residential units, while the surrounding micromarkets provide a varied landscape of price points for different buyer profiles.
The average asking price in Sector 89, Mohali is ₹28,900 per sq ft as of March 2026. This figure represents a significant market movement, having appreciated by 10.21% from December 2025 to March 2026. Such a rise typically signals strong demand for residential villa properties in this specific locality.
Property prices in Sector 89, Mohali have shown a consistent upward trajectory over the last few quarters. Starting from ₹23,250 per sq ft in June 2025, the rates climbed to ₹23,750 per sq ft in September 2025, reached ₹26,250 per sq ft by December 2025, and further increased to ₹28,900 per sq ft by March 2026. This steady quarter-over-quarter growth indicates sustained buyer interest and a tightening supply of residential villas in the area.
Sector 89, Mohali currently commands a premium average asking price of ₹28,900 per sq ft compared to several surrounding sectors. For instance, Sector 79 is priced at ₹26,900 per sq ft (which appreciated by 3.46% from the prior period), Sector 80 at ₹24,950 per sq ft (up 5.14%), and Sector 78 at ₹22,900 per sq ft (which depreciated by 4.49%). Other nearby sectors like Sector 85, Sector 88, and Sector 99 feature significantly lower price points, largely because they primarily offer apartment-based living, whereas Sector 89 is a hub for villa-style residential properties.
The residential market in Sector 89, Mohali is predominantly defined by villas. As of March 2026, the average asking price for these villas stands at ₹28,900 per sq ft, reflecting an appreciation of 10.21% since December 2025. This focus on villa-style development distinguishes the sector from neighbouring areas that are more apartment-centric.
When evaluating rental markets near Sector 89, Mohali, data shows that Sector 85 maintains a stable average rental rate of ₹50 per sq ft as of March 2026. This rate has remained unchanged, indicating a period of price stability in that specific neighbourhood. Investors comparing these areas should note that while Sector 89 focuses on villa-based living, nearby sectors like Sector 85 offer established rental benchmarks for apartment-style properties.
The 10.21% appreciation in the average asking price of Sector 89, Mohali from December 2025 to March 2026 suggests a robust and active real estate market. For buyers, this trend indicates that the locality is experiencing high demand, which may be driven by its specific villa-based inventory. Investors often view such consistent quarter-over-quarter growth as a sign of long-term value retention, though it is always recommended to compare these rates against personal budget requirements and long-term financial goals.
