Mohali
Sunny Enclave continues to be a focal point in the Mohali real estate market, characterized by its specialized villa offerings and steady rental demand. The current valuation of ₹9,300 per sq ft for villas highlights the area's premium positioning, while the apartment segment provides a more accessible entry point for potential occupants. Recent rental data suggests a healthy market for multi-room units, further supported by the presence of surrounding developed sectors. Overall, the market demonstrates a stable trajectory for both long-term asset appreciation and rental income.
As of Sep 2026, the average asking price in Sunny Enclave is ₹9,300 per sq ft. This figure reflects a depreciation of 1.92% compared to the previous period, indicating a slight market correction in the villa-dominated residential segment of the locality.
Property rates in Sunny Enclave, currently at ₹9,300 per sq ft, are positioned at the higher end of the spectrum compared to nearby areas. For instance, Sector 121 averages ₹8,450 per sq ft, while more affordable options are available in areas like Sector 123 at ₹4,200 per sq ft and Sector 115 at ₹4,050 per sq ft as of Sep 2026. These variations highlight the premium commanded by Sunny Enclave's villa-centric market versus the apartment-heavy inventory found in neighbouring sectors.
As of Sep 2026, villas in Sunny Enclave command a significantly higher average price of ₹9,300 per sq ft, which has depreciated by 1.92% over the measured period. In contrast, apartments in the locality are priced at an average of ₹4,750 per sq ft, showing a stable appreciation of 0.83% compared to the prior period. This pricing gap reflects the distinct lifestyle and space value differences between the two property types in this market.
The typical rental rate for apartments in Sunny Enclave is ₹50 per sq ft as of Sep 2026, a rate that has remained stable with 0% change over the observed period. This consistent pricing suggests a balanced rental market where supply and demand for apartment living have reached an equilibrium.
Tenants looking for rental options in Sunny Enclave will find that a 2 BHK apartment typically rents for ₹21,650 per month, while a 3 BHK apartment commands an average rent of ₹28,000 per month as of Sep 2026. These figures provide a clear benchmark for both landlords and prospective tenants to evaluate the cost of living in the area based on space requirements.
Rental rates across the broader region, including Kharar Road, Sas Nagar, Sector 88, and Mullanpur, are currently consistent at ₹50 per sq ft as of Sep 2026. This uniformity in rental pricing across these diverse localities indicates a stable regional rental market where tenants can expect similar per-square-foot costs regardless of the specific neighbourhood chosen.
Investors should note that the average asking price in Sunny Enclave has seen mixed movement, with the rate recorded at ₹9,300 per sq ft as of Sep 2026. While the market experienced a depreciation of 1.92% recently, tracking these quarterly fluctuations is essential for identifying entry points. The current data suggests a cooling phase, which may offer a more favourable negotiation environment for long-term investors compared to periods of rapid appreciation.
