Mohali
The real estate market in Sector 89 is characterized by a strong upward trajectory in property valuations, driven primarily by the high demand for premium villa developments. Recent quarterly data shows consistent price appreciation, reflecting the area's growing stature within the Mohali real estate landscape. Rental activity remains steady, with 3 BHK apartments serving as a preferred choice for residents seeking modern living spaces. This market maturity is supported by a clear preference for lifestyle-oriented properties, ensuring that both capital values and rental yields remain competitive.
As of September 2026, the average asking price in Sector 89 is ₹32,050 per sq ft. This rate has appreciated by 4.74% compared to the previous quarter, indicating a robust upward trajectory in property valuation within this locality.
Property prices in Sector 89 have shown a consistent upward trend throughout 2026. The average asking price rose from ₹28,900 per sq ft in March 2026 to ₹30,600 per sq ft in June 2026, and further to ₹32,050 per sq ft by September 2026, reflecting sustained buyer interest and market confidence.
Sector 89 currently commands a premium average asking price of ₹32,050 per sq ft, which is significantly higher than several neighbouring areas. For comparison, as of September 2026, Sector 77 has an average rate of ₹12,150 per sq ft, Sector 66 is at ₹10,400 per sq ft, and Sas Nagar is at ₹7,700 per sq ft, highlighting the distinct premium positioning of Sector 89.
Villas are the primary residential property type in Sector 89, with an average price of ₹32,050 per sq ft as of September 2026. This segment has experienced an appreciation of 4.74% from June 2026 to September 2026, suggesting strong demand for premium villa developments in this specific locality.
Tenants looking for 3 BHK residential apartments in Sector 89 can expect an average monthly rental rate of ₹44,000 as of September 2026. This figure provides a benchmark for prospective tenants and investors evaluating the rental income potential of 3 BHK units in this area.
Rental rates in the vicinity of Sector 89 are currently uniform at ₹50 per sq ft across several key areas, though they show varying growth trends. As of September 2026, Sector 88 has seen a depreciation of 10% from the previous period, while Sector 82 has experienced a depreciation of 7.41%. Conversely, areas like Kharar Road and Sector 82 A have maintained stable rental rates with 0% change, indicating a period of price correction in some pockets alongside stability in others.
The consistent quarterly increase in the average asking price—moving from ₹26,250 per sq ft in December 2025 to ₹32,050 per sq ft in September 2026—signals a strong and active real estate market in Sector 89. Buyers should view this steady appreciation as a sign of high demand, though they should also compare these rates against the Government Registration Rate to ensure they have a complete picture of the total acquisition cost.
