Property Rates in South Mullanpur, Chandigarh 2026
Property rates in South Mullanpur average ₹9,200 per sq ft. Market trends indicate a consistent upward trajectory, with prices rising from ₹7,600 in September 2025 to the current level. The area is attracting significant interest for its residential apartment segment, which has seen a notable 10.19% increase. Leading projects like DLF Hyde Park are setting benchmarks, while a healthy rental yield of 2.22% makes the locality an appealing choice for long-term investors.
Insights for South Mullanpur, Chandigarh Real Estate Market Overview
South Mullanpur is witnessing a robust phase of growth, with property valuations experiencing steady appreciation over the last few quarters. The residential market is characterized by a strong demand for apartments, supported by a healthy mix of ready-to-move and under-construction projects. Investors are increasingly looking at the area due to its competitive rental yields and the presence of premium developers who are delivering high-quality living spaces. The consistent price growth across the locality highlights its emerging status as a preferred residential destination in the Chandigarh region.
Property prices have climbed from ₹7,600 per sq ft in late 2025 to ₹9,200 per sq ft currently.
Apartments in the region have recorded a 10.19% growth, outperforming several other local segments.
Ready-to-move projects are currently commanding an average price of ₹9,250 per sq ft.
The rental market remains active, with 3 BHK apartments averaging ₹28,950 per month.
DLF Hyde Park leads the premium segment with current listing rates reaching ₹9,350 per sq ft.
Market Strengths
Consistent quarterly price growth from ₹7,600 to ₹9,200 per sq ft demonstrates long-term market stability.
Strong 14.87% annual growth in the villa segment highlights its high-value investment status.
A diverse residential supply, including ready-to-move projects, caters to a wide range of buyer timelines.
Rental demand is well-supported by a variety of unit sizes, including 2, 3, and 4 BHK configurations.
The premium project segment maintains a strong pricing floor, with top projects exceeding ₹9,000 per sq ft.
Investment Opportunities
The 2.22% rental yield provides a stable income stream for property owners in the region.
Apartment segments have shown a strong 10.19% price appreciation, signaling good capital gains potential.
Entry-level pricing in new launch projects at ₹7,750 per sq ft allows for early-stage investment benefits.
The 3 BHK rental market, averaging ₹28,950 per month, offers consistent demand from families.
Top Localities in South Mullanpur, Chandigarh
North Kharar
Avg Price₹ 5,350 /Sq.Ft.
LISTINGS
48
Central Kharar
Avg Price₹ 4,200 /Sq.Ft.
LISTINGS
8
South Kharar
Avg Price₹ 4,950 /Sq.Ft.
LISTINGS
1
Price Trend
South Mullanpur, Chandigarh Property Price Trends and Appreciation
The South Mullanpur market has displayed a clear upward trend throughout the recent quarters. Prices climbed from ₹7,600 per sq ft in September 2025 to ₹7,750 by December, eventually reaching ₹9,200 per sq ft by June 2026. This consistent growth reflects strong buyer confidence and rising demand in the area.
South Mullanpur stands out as a key residential hub, with its current average of ₹9,200 per sq ft positioning it competitively against surrounding areas. While North Mullanpur averages ₹7,850 per sq ft, South Mullanpur commands a premium due to its newer infrastructure and project quality. Other nearby sectors like Sunny Enclave and Mohali Sector 127 trade at significantly lower rates of ₹4,300 and ₹4,900 per sq ft respectively, highlighting the premium lifestyle value offered by the South Mullanpur locality.
South Mullanpur's real estate market offers diverse options to suit different investment goals. Villas represent the luxury segment with an average price of ₹24,700 per sq ft, having seen a significant 14.87% increase. Meanwhile, apartments are priced at ₹9,200 per sq ft, reflecting a strong 10.19% growth that underscores their popularity among homebuyers.
The market provides options for both immediate occupancy and long-term investment across various development stages. Ready-to-move units currently average ₹9,250 per sq ft, showing a 1.25% increase, which attracts buyers looking for quick possession. Under-construction projects are available at ₹8,000 per sq ft, while new launches are priced at ₹7,750 per sq ft, offering entry points for those planning for the future.
Project & Developer Insights
Top Residential Projects and Developers in South Mullanpur
Top Developersin Chandigarh
DLF leads in Chandigarh with 6 projects and 70 years of experience.
Premium residential developments are driving the market's value, with several projects setting high benchmarks. DLF Hyde Park is currently priced at ₹9,350 per sq ft, reflecting a 2.78% increase, while DLF Hyde Park Terraces holds steady at ₹9,200 per sq ft. Additionally, Omaxe The Resort offers a competitive entry at ₹8,000 per sq ft, showing a 0.67% increase, making it a key project for prospective residents.
Project Name
Rate (₹/Sq.Ft)
Change %
Omaxe The Resort, South Mullanpur
19
-
Omaxe The Resort is a prominent rental destination in South Mullanpur, currently commanding an average rental rate of ₹19 per sq ft, providing a reliable option for tenants seeking modern amenities.
Rental Trends
Rental Trends and Average Rent in South Mullanpur, Chandigarh
Rental demand is well-distributed across unit types, with 2 BHK apartments averaging ₹22,650 per month. Larger 3 BHK units command an average of ₹28,950 per month, while 4 BHK spacious residences are rented at an average of ₹32,000 per month. Rental rates in the vicinity reflect a uniform pricing structure of ₹50 per sq ft across several neighboring locations including North Mullanpur, New Chandigarh, and various sectors of Mohali. This consistency suggests a balanced rental market across the broader Chandigarh residential corridor. Omaxe The Resort is a prominent rental destination in South Mullanpur, currently commanding an average rental rate of ₹19 per sq ft, providing a reliable option for tenants seeking modern amenities.
Rental demand is well-distributed across unit types, with 2 BHK apartments averaging ₹22,650 per month. Larger 3 BHK units command an average of ₹28,950 per month, while 4 BHK spacious residences are rented at an average of ₹32,000 per month.
Rental rates in the vicinity reflect a uniform pricing structure of ₹50 per sq ft across several neighboring locations including North Mullanpur, New Chandigarh, and various sectors of Mohali. This consistency suggests a balanced rental market across the broader Chandigarh residential corridor.
Frequently Asked Questions About Property Rates in South Mullanpur, Chandigarh
What is the current average asking price in South Mullanpur?
As of Jun 2026, the average asking price in South Mullanpur is ₹9,200 per sq ft. This figure reflects a significant market appreciation of 10.19% compared to the previous period, signaling robust demand and growing investor confidence in this residential locality.
How have property prices in South Mullanpur trended over the last year?
Property prices in South Mullanpur have shown a consistent upward trajectory throughout the last four quarters. As of Jun 2026, the location rate reached ₹9,200 per sq ft, rising from ₹8,350 per sq ft in Mar 2026, ₹7,750 per sq ft in Dec 2025, and ₹7,600 per sq ft in Sep 2025. This steady growth indicates a strengthening market and sustained interest from both end-users and investors.
How do property rates in South Mullanpur compare by property type?
As of Jun 2026, villas in South Mullanpur command a premium with an average price of ₹24,700 per sq ft, having appreciated by 14.87% over the comparative period. Apartments in the area are priced at an average of ₹9,200 per sq ft, which has also seen a healthy appreciation of 10.19% during the same timeframe. This price gap highlights the distinct market positioning of low-density villa projects versus standard apartment complexes in the locality.
What is the price difference between Ready To Move and Under Construction properties in South Mullanpur?
As of Jun 2026, Ready To Move properties in South Mullanpur are priced at an average of ₹9,250 per sq ft, showing a stable appreciation of 1.25% compared to the previous period. In contrast, Under Construction projects are available at an average of ₹8,000 per sq ft, while New Launch projects are priced at ₹7,750 per sq ft, both of which have maintained stable pricing with 0% change. This pricing structure offers buyers a choice between immediate possession at a premium or potential long-term value in newer developments.
What is the average rental yield in South Mullanpur and what does it mean for investors?
The rental yield in South Mullanpur stands at 2.22% as of Jun 2026, with an average rental rate of ₹17 per sq ft. This yield provides a baseline for investors to evaluate the income potential of their assets relative to the current capital outlay required for property acquisition in the area. While the rental rate has remained stable with 0% change, the yield serves as a key metric for those looking to balance capital appreciation with recurring rental income.
What are the typical monthly rental rates for different BHK configurations in South Mullanpur?
As of Jun 2026, the rental market in South Mullanpur offers diverse options for tenants. A 2 BHK apartment typically rents for ₹22,650 per month, while a 3 BHK unit averages ₹28,950 per month. For larger space requirements, a 4 BHK apartment commands an average rent of ₹32,000 per month. These rates provide a clear benchmark for tenants and landlords looking to align their expectations with the current market supply.
Which projects in South Mullanpur are currently leading in terms of listing rates?
As of Jun 2026, the top projects in South Mullanpur by listing rates include DLF Hyde Park at ₹9,350 per sq ft, which has appreciated by 2.78% compared to the previous period. DLF Hyde Park Terraces follows with a listing rate of ₹9,200 per sq ft, maintaining stable pricing with 0% change. Additionally, Omaxe The Resort is listed at ₹8,000 per sq ft, showing a slight appreciation of 0.67% over the same timeframe.
How should a buyer interpret the property rate data for South Mullanpur?
Buyers should use the provided data to track the consistent price growth in South Mullanpur, which reached ₹9,200 per sq ft as of Jun 2026. By comparing the 10.19% appreciation rate against the status-wise pricing—such as the ₹9,250 per sq ft for Ready To Move units—buyers can determine whether to prioritize immediate occupancy or opt for the lower entry cost of ₹7,750 per sq ft found in New Launch projects. This data-driven approach helps in aligning investment goals with the current market trajectory.
