Mohali's real estate scene has changed a lot, with property prices rising by 9.9% year-on-year in Q1 2025. The average price now hits ₹7,239 per square foot, making this Punjab satellite city a strong rival to Chandigarh's established market.
Top Performers Leading the Way
Sector 79 and Sector 85 are the top stars in price appreciation. Sector 79 saw an amazing 80.5% growth, with prices rising from ₹4,100 to ₹7,400 per sqft. Likewise, Sector 85 saw an impressive 81.6% increase, rising from ₹3,800 to ₹6,900 per sqft.
Aerocity still holds top rates, despite a relatively modest 69.2% appreciation to ₹11,000 per sqft. This upscale area attracts buyers looking for luxury amenities and is close to commercial hubs.
New Growth Areas
Three strategic spots are seeing 25%+ quarterly growth:
- Kharar Southern Bypass Corridor - Improve connectivity and reduce travel time
- Zirakpur Affordable Housing Cluster - Attracts mid-income buyers and professionals
- Sohana Commercial Hub - Drives mixed-use development
What's Behind This Unprecedented Growth?
The completion of Chandigarh-Mohali Metro Phase 1 changed everything. IT City's expansion created over 15,000 tech jobs, bringing in many professionals. Plus, Mohali's entry costs are 18% lower than Chandigarh's premium Sector 34 market.
Looking ahead, the ₹2,100 crore Metro Phase 2 expansion and a planned 42-acre tech park near IT City promise continued momentum. Experts predict 12-15% annual appreciation through 2026, especially in gated communities with smart home technologies.
The upcoming International Cricket Stadium in Sector 78 is expected to boost retail space demand by 40% in nearby areas. With a 17% increase in NRI property inquiries during 2025, Mohali's investment appeal goes far beyond regional limits.