Mohali
The property market in Sector 89 continues to show significant appreciation, with average rates climbing steadily over the past year. This growth is driven by the high demand for premium residential villas, which remain a primary focus for investors in this region. Rental activity is equally active, particularly for larger residential units, providing a stable income stream for landlords. The overall market sentiment remains positive as the locality matures into a preferred residential hub for affluent buyers.
The average asking price in Sector 89, Mohali, is ₹28,900 per sq ft as of Jun 2026. This figure reflects a significant market movement, having appreciated by 10.21% compared to the previous period. Such growth indicates robust demand for residential properties in this area, positioning it as a premium choice for buyers looking for high-value assets.
Property prices in Sector 89, Mohali, have shown a consistent upward trajectory throughout the first half of 2026. As of Jun 2026, the location rate reached ₹30,700 per sq ft, rising from ₹28,900 per sq ft in Mar 2026, and further up from ₹26,250 per sq ft in Dec 2025. This steady increase signals strong investor confidence and sustained interest in the locality's real estate development.
The average asking price for villas in Sector 89, Mohali, is ₹30,700 per sq ft as of Jun 2026. This property type has seen its value appreciate by 6.28% over the observed period, underscoring the premium status and high demand for villa-style living within this specific micromarket.
Property prices vary significantly across the neighbouring areas of Mohali. For instance, Sector 77 commands an average asking price of ₹27,050 per sq ft, which has appreciated by 16.97%. Meanwhile, Sector 78 shows an average asking price of ₹22,900 per sq ft, which has depreciated by 4.49% as of Jun 2026. Other areas like Sector 85 and Sector 66 are priced at ₹10,650 per sq ft and ₹10,200 per sq ft respectively, reflecting more accessible entry points compared to the premium rates found in Sector 89.
The typical rental rate for a 3 BHK apartment in Sector 89, Mohali, is ₹44,000 per month as of Jun 2026. This rate provides a benchmark for tenants looking for spacious residential options in the area, reflecting the current market demand for premium apartment living in this sector.
Rental rates in the broader Mohali region remain relatively consistent across several key sectors, generally averaging ₹50 per sq ft. Areas such as Sas Nagar, Kharar Road, Sector 82, and Sector 82 A all currently maintain an average rental rate of ₹50 per sq ft with stable growth (0% change). In contrast, Sector 66 B has seen rental rates appreciate by 4.76%, while Aerocity has experienced a depreciation of 10.53% as of Jun 2026, indicating localized shifts in rental demand.
Investors should view the 10.21% appreciation in the average asking price—reaching ₹28,900 per sq ft as of Jun 2026—as a signal of a maturing and high-demand market. By tracking the quarterly rise from ₹23,750 per sq ft in Sep 2025 to the current levels, investors can identify a clear trend of capital value growth. When evaluating potential returns, it is essential to balance these rising sale prices against available rental benchmarks, such as the ₹44,000 monthly rent for 3 BHK units, to assess the long-term income potential of the property.
