Mohali Real Estate Market Trends 2025: A Comprehensive Analysis

Mohali’s real estate market has undergone significant transformation in recent years, emerging as one of the most dynamic property markets in North India. As we progress through 2025, several key trends are shaping the sector:

• Shift from plotted developments to high-rise apartments
• Rapid commercialization of peripheral areas
• Infrastructure-led price appreciation
• Emergence of new growth corridors
• Increased institutional investment

This detailed analysis covers pricing trends, inventory status, upcoming projects, and investment potential across all major micro-markets in Mohali.

Micro-Market Deep Dive

Bharat Mala Road Corridor (Emerging Hotspot)

Current Status:

• Undergoing rapid urbanization with new road networks and utility infrastructure
• Recently included in GMADA’s development plan
• Seeing influx of first-time homebuyers and investors

Pricing Trends:

Property Type	2023 Price	2025 Price	Appreciation
Residential Plots	₹28,000/sq yd	₹42,000/sq yd	50%
Builder Floors	₹5,200/sq ft	₹7,800/sq ft	50%
Mid-Segment Apartments	₹6,500/sq ft	₹8,500/sq ft	30%

Key Developments:

1. GMADA Sector 108 Extension (Ongoing land acquisition)
2. Bharat Mala Expressway Connectivity (Expected completion Q1 2026)
3. Proposed Metro Feeder Line (DPR under preparation)

Investment Potential:

• Expected to become prime residential area by 2028-30
• Current prices 30-40% lower than adjacent developed sectors
• Ideal for investors with 5-7 year horizon

Aerocity (Premium Zone)

Market Dynamics:

• Land prices have stabilized after 3 years of rapid appreciation
• Inventory levels at 18-month low
• Dominated by luxury projects

Price Matrix:

Segment	Avg. Price	Inventory Status
Ultra-Luxury	₹1.9L/sq yd	Limited supply
High-End	₹1.5L/sq yd	6-9 months inventory
Premium Apartments	₹16,500/sq ft	Fast-moving

Notable Projects:

1. Trump Towers Mohali (Phase 2 launching)
2. Elante Aerocity (Mixed-use, under construction)
3. Aerocity One (90% sold)

IT City (Commercial Hub)

Occupancy Trends:

• Office space absorption at 82%
• Co-working spaces growing at 25% YoY
• Retail space demand outpacing supply

Commercial Rates:

Property Type	Rent (₹/sq ft/month)	Capital Values
Grade A Office	85-110	₹18,000-22,000/sq ft
Retail High Street	250-400	₹28,000-35,000/sq ft
Tech Parks	65-90	₹15,000-18,000/sq ft

Upcoming Supply:

• 4.2 million sq ft under construction
• 3 SEZ approvals pending

Residential Market Analysis

Apartment Segment

Market Segmentation:

1. Luxury (₹12,500+/sq ft)
   • Dominated by Medallion, Pinnacle
   • Average unit size: 2,800 sq ft
   • 12-15 months inventory
2. Premium (₹9,500-12,499/sq ft)
   • Fastest growing segment
   • Absorption rate: 85 units/month
   • Lead players: Homeland, Royal Park
3. Affordable (₹6,500-9,499/sq ft)
   • Supply crunch in western corridors
   • Waiting periods up to 8 months

Absorption Trends:

• Q2 2025 absorption: 1,250 units
• Unsold inventory: 4,200 units (3.5 months supply)

Plotted Developments

Sector-wise Analysis:

Sector	Avg. Price (₹/sq yd)	Appreciation (2023-25)	Inventory (acres)
79	1.15L	22%	12.5
88	1.25L	28%	8.2
99	95,000	35%	22.8
107	82,000	40%	18.6

Emerging Trends:

• Plot sizes shrinking (600-900 sq yd becoming norm)
• Gated plotted communities gaining popularity
• 25% premium for corner plots

Commercial Real Estate Outlook

Office Space Dynamics

• Vacancy rates at record low 6.8%
• Average lease sizes increasing (18,500 sq ft in 2025 vs 12,800 in 2023)
• Flex space operators expanding footprints

Retail Revolution

• Mall inventory to cross 5 million sq ft by 2026
• Neighborhood retail growing at 18% CAGR
• F&B spaces commanding 120% premium

Industrial & Logistics

• Warehouse demand up 42% YoY
• Land prices doubling along Kharar-Landran road
• New industrial policy attracting manufacturers

Infrastructure Impact Analysis

Game-Changing Projects:

1. Chandigarh Ring Road Phase-II (Completion Q4 2026)
   • Expected to reduce travel time to airport by 40%
   • Impact zones: Zirakpur, Derabassi
2. Mohali Metro Phase-1 (Approval expected)
   • Proposed alignment along NH-205
   • Potential stations at IT City, Aerocity
3. GMADA Sector 101-115 Development
   • 1,250 acres under planning
   • Mixed-use zoning proposed

Price Projections & Investment Strategy

2025-27 Forecast:

Micro-Market	Expected Appreciation
Bharat Mala Rd	12-15% CAGR
Aerocity Core	8-10% CAGR
IT City Peripheral	18-20% CAGR
Sectors 99-107	15-18% CAGR

Investment Recommendations:

1. Short-term (1-3 years): Focus on under-construction properties near infrastructure projects
2. Medium-term (3-5 years): Plotted developments in emerging sectors
3. Long-term (5+ years): Commercial assets in growth corridors

Risks to Monitor:

• Interest rate fluctuations
• Regulatory changes in Punjab housing policy
• Infrastructure project delays

Conclusion: Market Verdict for 2025

Mohali’s real estate market presents a balanced mix of opportunities across segments:

• Residential: Strong demand in mid-premium apartments
• Commercial: Office space nearing saturation, retail booming
• Industrial: Emerging as warehousing hub

The Bharat Mala Road corridor represents the most compelling growth story, while established sectors like Aerocity offer stability. Investors should align their strategies with infrastructure timelines and focus on projects with clear visibility of completion.