Mohali
Sector 89 has emerged as a high-value residential destination in Mohali, driven by an uptick in capital values and steady rental demand. Recent trends show a sustained upward movement in property rates, with the average cost reaching ₹30,600 per sq ft by mid-2026. The rental market is equally robust, particularly for larger unit types that cater to families seeking long-term living solutions. Strategic investments in this sector benefit from its proximity to key infrastructure developments within Mohali.
As of June 2026, the average asking price in Sector 89 is ₹30,600 per sq ft. This figure reflects a significant market trend, having appreciated by 5.88% from March 2026 to June 2026, indicating robust demand for residential properties in this locality.
Property prices in Sector 89 have shown a consistent upward trajectory throughout the recent quarters. The average asking price rose from ₹23,750 per sq ft in September 2025 to ₹26,250 in December 2025, further increasing to ₹28,900 in March 2026, and reaching ₹30,600 per sq ft as of June 2026. This steady growth suggests strong buyer confidence and sustained interest in the area's real estate market.
The residential market in Sector 89 is primarily dominated by villas, which currently command an average asking price of ₹30,600 per sq ft as of June 2026. This property type has seen an appreciation of 5.88% from March 2026 to June 2026, highlighting the premium nature of the housing inventory available in this sector.
Property rates in Sector 89, at ₹30,600 per sq ft as of June 2026, are notably higher than many surrounding areas. For comparison, as of June 2026, Sector 79 features an average rate of ₹28,800 per sq ft for villas, while apartment-focused sectors like Sector 77 and Sector 66 have average rates of ₹11,750 per sq ft and ₹10,500 per sq ft, respectively. Sector 74 remains one of the more accessible options in the vicinity with an average rate of ₹5,750 per sq ft.
As of June 2026, a 3 BHK apartment in Sector 89 commands an average monthly rent of ₹44,000. This rental price point provides a baseline for tenants looking for spacious residential options in the area, reflecting the current market valuation for large-format housing in this sector.
Rental rates in the vicinity of Sector 89 are relatively uniform, with many surrounding areas like Sector 88, Sas Nagar, Kharar Road, Sector 82, and Sector 82 A all maintaining an average rental rate of ₹50 per sq ft as of June 2026. However, some areas have shown significant growth; for instance, Sector 66 B has seen rental rates appreciate by 4.76% compared to previous periods, while Aerocity has experienced a substantial appreciation of 136.84% in rental rates, indicating a rapidly evolving rental market in that specific locality.
Investors looking at Sector 89 should note the consistent quarter-over-quarter appreciation in property values, which reached ₹30,600 per sq ft as of June 2026. The 5.88% growth observed between March 2026 and June 2026 suggests that the locality is experiencing strong capital appreciation, which is often a signal of limited supply or high demand for premium residential assets like villas in this specific geography.
