Mohali
The real estate market in Sunny Enclave presents a mature landscape characterized by premium villa pricing and a robust rental segment. Recent quarterly data indicates that property values have maintained a firm baseline near ₹9,300 per sq ft, despite minor fluctuations. Rental demand is particularly focused on residential apartments, where 2 BHK and 3 BHK units offer stable returns for investors. This enclave continues to be a preferred destination for those seeking high-quality residential infrastructure in Mohali.
As of Sep 2026, the average asking price in Sunny Enclave is ₹9,300 per sq ft. This rate has experienced a marginal depreciation of 0.3% compared to the previous period, reflecting a period of price stabilization in the local residential villa market.
The property price trend in Sunny Enclave has shown slight fluctuations throughout 2026. As of Sep 2026, the location rate stands at ₹9,300 per sq ft, identical to the Jun 2026 rate of ₹9,300 per sq ft, following a peak of ₹9,500 per sq ft in Mar 2026. This trajectory indicates a cooling period after the growth observed earlier in the year, providing a more stable entry point for potential buyers.
Property prices in Sunny Enclave, currently at ₹9,300 per sq ft, are positioned at the higher end compared to several surrounding localities. For instance, Sector 124 has an average asking price of ₹6,600 per sq ft, while Sector 126 and Kharar are priced at ₹5,600 per sq ft and ₹5,350 per sq ft, respectively. These variations reflect the specific demand for villa-centric developments in Sunny Enclave versus the apartment-heavy inventory found in neighbouring sectors.
There is a significant price premium for villas in Sunny Enclave compared to apartments. As of Sep 2026, the average asking price for villas is ₹9,300 per sq ft, which has depreciated by 0.3% recently. In contrast, apartments in the area are priced at an average of ₹4,700 per sq ft, which has seen a depreciation of 1.43% over the same period, highlighting the distinct market segments and valuation drivers for these two property types.
Tenants looking for residential options in Sunny Enclave will find that a 2 BHK apartment commands an average monthly rent of ₹21,650, while a 3 BHK apartment is available at an average monthly rent of ₹28,000 as of Sep 2026. These rates reflect the current rental market demand for family-sized units in the locality, providing clear benchmarks for both prospective tenants and landlords.
Rental rates for apartments in the broader vicinity show consistent pricing across several key areas. As of Sep 2026, Kharar Road, Mullanpur, and Sunny Enclave all maintain an average rental rate of ₹50 per sq ft. Notably, Sector 88 has seen a 10% depreciation in rental rates from the previous period, while Kharar Road and Mullanpur have remained stable with 0% change, indicating a steady rental environment in most of these micromarkets.
Buyers should use the current average asking price of ₹9,300 per sq ft as a baseline for negotiation and market comparison. Because the market has seen a minor depreciation of 0.3% as of Sep 2026, it suggests that sellers may be more open to discussion compared to the peak pricing seen in Mar 2026. Always compare these figures against your budget and the specific property type, such as villas versus apartments, to ensure you are paying a fair market value.
