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The South Kharar real estate market is currently characterized by a stable pricing environment, with average rates holding at ₹4,950 per sq ft. Recent quarterly trends indicate a positive shift, moving from ₹4,900 per sq ft in September 2025 to the current levels. The rental market across the broader Chandigarh region remains consistent, with most sectors maintaining an average rental rate of ₹50 per sq ft, providing a reliable baseline for rental yield expectations.
As of June 2026, the average asking price in South Kharar stands at ₹4,950 per sq ft. This rate has remained stable, showing a 0% change compared to the previous period, which suggests a balanced market environment for both buyers and sellers in this locality.
Property prices in South Kharar have shown a trajectory of stability and slight fluctuation between September 2025 and June 2026. While the micromarket rate was recorded at ₹4,200 per sq ft in September 2025, it reached ₹4,950 per sq ft by December 2025, before settling at ₹4,300 per sq ft as of June 2026.
Property rates in South Kharar vary significantly when compared to surrounding neighbourhoods as of June 2026. For instance, Mohali Sector 115 commands an average asking price of ₹5,250 per sq ft, having appreciated by 4.01% over the observed period, while Sunny Enclave is priced at ₹4,300 per sq ft, showing a slight appreciation of 0.21%. Other areas like Mohali Sector 125 and Sector 126 show higher price points but have experienced depreciation, with rates at ₹11,100 per sq ft (down 9%) and ₹8,550 per sq ft (down 10.76%) respectively.
As of June 2026, villas in South Kharar are priced at an average of ₹7,850 per sq ft, while apartments are more accessible at an average of ₹4,950 per sq ft. Apartment rates have seen a modest appreciation of 1.04% compared to the previous period, whereas villa prices have remained stable with a 0% change, reflecting distinct demand patterns for these property types.
Ready-to-move properties in South Kharar are currently priced at an average of ₹4,850 per sq ft as of June 2026, having appreciated by 1.05% compared to the previous period. In contrast, under-construction projects are available at a lower average of ₹3,850 per sq ft, which has seen a depreciation of 5.65% over the same timeframe, potentially offering a more entry-level price point for investors willing to wait for completion.
As of June 2026, Parkwood Glade is a prominent project in South Kharar with a listing rate of ₹4,850 per sq ft, marking an appreciation of 1.05% compared to the previous period. Other projects include GGP Prime Floors at ₹3,850 per sq ft (depreciated by 5.65%), Paradise Darpan Floors at ₹2,800 per sq ft, Bhakti and GBM Colonizers GBM Apartments at ₹2,400 per sq ft, and Paradise Darpan Homz at ₹1,800 per sq ft, with the latter three showing stable pricing at 0% change.
Rental rates in the broader region are consistently observed at ₹50 per sq ft as of June 2026 across several sectors. While this rate is uniform, the appreciation varies significantly; for example, Sector 37 has seen a notable rental appreciation of 21.74%, while Sector 35 has appreciated by 25%. Conversely, Sector 38 has experienced a rental depreciation of 7.41%, indicating that rental demand can be highly localized even when the base rental rate per square foot appears identical across different sectors.
