Mohali Real Estate Market Update: What Changed This Quarter (Updated Monthly)

This blog is updated monthly. Current as of April 2026.

The Mohali real estate market in the second quarter of 2026 is defined by a clear divergence between expansion corridors and stagnant legacy zones. As of April 2026, property prices in high-growth areas like IT City and the Airport Road commercial belt have appreciated by 4-6% over the last three months, driven primarily by the visible progress of Bharatmala connectivity and the entry of new corporate tenants. Conversely, legacy residential sectors in the Phase 7 and 3B2 vicinity have seen price plateaus, emphasizing the "Expansion Principle" where value follows new infrastructure rather than just central location.

Whether you are an NRI looking for managed luxury or a local business owner evaluating SCO plots, the "wait and watch" approach is becoming expensive in the southern sectors. Our master Mohali real estate guide provides the foundational context for these moves.

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April 2026: The Corporate Inflow and New Sector Notifications

What is driving the price surge in IT City this month?

The announcement of two new IT parks reaching 80% occupancy has created a sudden spike in demand for luxury 3BHK and 4BHK apartments within a 5-kilometer radius. We are seeing inventory in registered projects moving faster than previous quarters, with secondary market transactions reflecting a premium for ready-to-move units. The IT sector expansion isn't just a promise anymore: it's visible in the evening traffic and the waiting lists at premium office blocks.

Sector-Wise Price Movements (April 2026)

Sector	Property Type	March 2026 (psf)	April 2026 (psf)	Change (%)
Sector 82A	Commercial SCO	₹32,500	₹33,800	+4.0%
IT City (Sec 101)	Residential Plot	₹82,000	₹85,500	+4.2%
Aerocity	Residential Plot	₹76,000	₹77,500	+1.9%
Sector 77	Luxury Flat	₹9,200	₹9,550	+3.8%
New Chandigarh	Residential Plot	₹68,000	₹69,500	+2.2%

New Project Launches & Regulatory Updates

Two new luxury residential projects were launched this month in Sector 77, both following the high-rise format with premium amenities. On the regulatory front, RERA Punjab has intensified its scrutiny on "pre-launch" claims. If you hear a dealer talking about "soft launch prices" for a project without a RERA number, walk away. Having managed project approvals personally, I know the difference between a project that is "submitted" and one that is "sanctioned."

CTA D: 15 minutes, no pitch. WhatsApp: +91-7814613916.

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March 2026: Infrastructure Milestones and Rental Yield Shifts

How is the Bharatmala project impacting Mohali's outer rings?

March saw the completion of a major interchange on the Bharatmala corridor, significantly reducing travel time from Rajpura to the Mohali airport. This has directly impacted the industrial land investment cases we've been tracking. For the first time, we are seeing HNI investors look at industrial plots near the Banur-Rajpura belt not just for manufacturing, but for the logistics and warehousing potential created by this highway connectivity. The industrial land investment near Rajpura is becoming the benchmark for this corridor.

Why are rental yields in SCOs trending higher?

As the Airport Road becomes the new commercial "spine" of the Tricity, retail brands are shifting from Chandigarh's legacy markets to Mohali's wider frontages. In March, we recorded three high-value leases where the yield touched 5.5%, significantly higher than the 2-3% typical of residential units. The footfall economics have shifted: brands now prioritize parking and frontage over old-world central location. You can find more on these specific numbers in our Mohali Real Estate FAQ.

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February 2026: The NRI Buying Wave and Stagnation Warnings

Why did February see a spike in NRI inquiries?

Following the holiday season, many Punjabi diaspora members from Canada and the UK moved from "viewing" to "committing." The preference is overwhelmingly for managed luxury apartments where security and maintenance are handled by branded developers. However, I must warn my NRI clients: do not buy into the hype of "assured rentals." These are often just marketing gimmicks where the rental is built into your purchase price.

The Stagnation Warning: Where to Avoid?

In February, we observed a measurable slowdown in resale volume in the older phases of Mohali. While these areas are central and hold emotional value, they lack the "expansion capacity" that drives capital appreciation. When a sector is 100% built-out, the price can only move with inflation. Real wealth in Mohali real estate is made in the "Expansion Corridors." I discuss this further in my honest market outlook for 2026.

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Quarterly FAQ: What Buyers Are Asking Right Now

Is it better to buy a plot in a new sector or a flat in an established one?

It depends on your exit timeline. If you have a 5-year horizon, the plots in new sectors like IT City or the extended Aerocity belt offer higher appreciation potential. However, if you need immediate rental income to offset a home loan, a ready-possession flat in an established sector is the smarter financial move.

How do I verify if a "pre-launch" is legitimate?

In Punjab, "pre-launch" without a RERA number is illegal. Always ask for the RERA registration certificate. If the developer says it's "applied for," wait until it is granted. Never pay more than a token booking amount before the RERA number is active.

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CTA E: One 15-minute call. I will tell you directly what I would do. Book or WhatsApp: +91-7814613916.

About the Author: Amritpal Singh is the founder of Realty Holding & Management Consultants, Sector 82A, Mohali. With over 10 years across real estate development, government liaisoning, capital markets, and media, he has personally closed 180+ transactions across all property categories in Punjab. AMFI and NCFM certified.