Short answer: yes, and the window is better right now than it has been in years. If you want to buy property in Mohali, the numbers back you up. Sector 104 has appreciated about 135% in three years on portal listing data (99acres, indicative), and the city’s airport crossed a record 2.8 million passengers in 2025-26 with direct flights to Canada, the UAE and the UK. I’m Mayank Dewan. I close deals across these sectors every week, and this guide is the honest version of the answer, including the parts most dealers skip. For everything we currently represent here, start with our Mohali property page.
Key Takeaways
- Mohali’s leading sectors show some of Punjab’s strongest appreciation: Sector 104 about 135% in three years on listing data (99acres, indicative).
- Three engines drive it: the international airport, IT City jobs, and new expressway links. None of them depend on Chandigarh anymore.
- Buy on transacted rates, not listing asks. The gap between the two is where buyers overpay.
- Every project must be verified on Punjab RERA (rera.punjab.gov.in) before you pay a rupee.
Is Mohali a good place to buy property right now?
Yes. Mohali has grown from Chandigarh’s overflow into the Tricity’s main growth market, and prices reflect it. Portal data shows Sectors 104, 97 and 98 up roughly 125-135% in three years (99acres, indicative), while prime corridors have compounded in double digits year after year. That is listing data, so treat it as direction rather than gospel, but the direction is unmistakable.
What has actually changed is the reason people buy here. A decade ago you bought in Mohali because Chandigarh was unaffordable. Today you buy because the jobs, the airport and the new roads are on this side of the border. When a city stops being a cheaper substitute and becomes the destination itself, its property market stops depending on anyone else’s spillover. That is the shift we are watching from the ground.
What is driving Mohali property prices in 2026?
Three engines, all permanent. First, Shaheed Bhagat Singh International Airport handled a record 2.8 million passengers in 2025-26, with direct international routes feeding steady NRI buying along Airport Road. Second, IT City keeps adding workplaces, and those employees rent and buy in the sectors next door. Third, new expressway links have cut commutes sharply, with the IT City-Kurali corridor alone saving up to 45 minutes.
There is more coming behind these. Punjab has cleared land possession for the Aerotropolis township around the airport, and a 54-acre industrial zone at Manauli is planned nearby. Infrastructure announced is not infrastructure delivered, we say this to every client, but land acquisition actually completing is the stage where paper plans start moving prices. Watch those two corridors closely.
Which areas of Mohali should you look at first?
Match the area to your purpose, not to whoever advertises loudest. Airport Road suits buyers who want finished high-rise living with liquidity. IT City and Sectors 66-68 suit professionals who want to live near work. Sector 66A is the golf-side premium pocket. Sectors 85 and 99 give you township living with plots and floors. Our sector-by-sector guide goes deeper on each.
| Belt | What it offers | Projects we handle there |
|---|---|---|
| Airport Road (PR-7) | Delivered high-rises, strong rental pool | Gillco Parkhills, Marbella Grand |
| Sector 66A / golf side | Premium ready 3-5 BHK | JLPL Falcon View |
| Sector 66B / IT City | Ready flats next to the job hub | Ambika La Parisian |
| Sectors 85 & 99 | Gated township: plots, floors, villas | Wave Estate |
Rates differ sharply between these belts. Airport Road commands the city’s premium while IT City still prices lower per square foot on portal snapshots, which is exactly why the spillover sectors around it keep filling first. Ask us for current transacted numbers for whichever belt fits you; every price with us is on request and quoted against real deals, not the highest listing.
Should you buy a flat, a floor or a plot in Mohali?
Buy a ready flat if you need a home or rental income now. Delivered societies on Airport Road and in Sector 66 let you inspect the actual unit, and rental demand from IT City tenants is real. Buy an independent floor if you want more space per rupee without society living. Buy a plot in a township like Wave Estate or in the newer sectors if your horizon is five years plus; plots have led Mohali’s appreciation tables, but they demand patience and clean approvals.
Still torn between renting and buying? Run your own numbers in our free Rent vs EMI calculator. It compares EMI, break-even years and net worth for the Tricity, and it has talked more than one client out of a purchase that did not fit. The right answer depends on your holding period, not on market mood.
What are the honest risks of buying in Mohali right now?
Two, and nobody advertising to you will mention either. First, listing inflation: portals show asks, deals close lower, and the gap in fast-moving sectors can be substantial. Budget on transacted rates and negotiate from there. Second, launch supply: Mohali rewards delivered projects, yet the loudest marketing budgets sit on undelivered ones. A tower you can walk through today will almost always treat you better than a render.
From our own deal flow, the pattern is consistent: buyers who insisted on ready or near-ready stock in 2023-24 are sitting on comfortable gains, while some launch buyers are still waiting on possession letters. That is not a reason to avoid under-construction, some of it is excellent, it is a reason to verify the developer’s delivery record before the brochure wins you over.
How do you buy property in Mohali safely?
Verify before you pay, every single time. Look the project up on Punjab RERA (rera.punjab.gov.in), confirm the registration is live, and match the tower and unit you are buying to what the registration covers. Then check the title chain, approved plans and dues. A genuine seller produces all of it without being chased; hesitation is itself an answer.
A good dealer does this verification in front of you, quotes transacted rates, and declines deals that do not fit you. We wrote a full guide on how to pick the right property dealer in Mohali, and the checklist there applies to us too. Buying from abroad? Our NRI desk handles FEMA-compliant paperwork, PoA and live video tours with one point of contact in your timezone.
The bottom line on buying property in Mohali right now
Mohali in 2026 is that rare market where the growth story is physical, an airport you can board from, offices you can see filling, roads already carrying traffic, rather than promised. Prices have moved, so the easy money of 2021 is gone, but the drivers underneath are still compounding. Buy the right belt for your purpose, insist on transacted rates and RERA verification, and prefer delivered stock unless the developer’s record earns your trust. Do that, and buying property in Mohali right now is not a gamble; it is a position in the Tricity’s strongest growth corridor. Talk to us at Dewan Realtors Mohali and we will shortlist against your budget the same day.
Frequently asked questions about buying property in Mohali
Is Mohali a good place to buy property right now?
Yes. Leading sectors show 125-135% three-year appreciation on portal data (99acres, indicative), the airport crossed 2.8 million passengers in 2025-26, and IT City keeps adding jobs. Buy the right belt on transacted rates with Punjab RERA verification and the market’s drivers work in your favour.
Which area of Mohali is best for investment?
Airport Road for finished high-rises and rental demand, IT City and Sectors 66-68 for job-driven growth, Sectors 85 and 99 for township plots and floors. The newer sectors around the Aerotropolis corridor are the longer-horizon bet now that land possession has been cleared.
Is it better to buy a flat or a plot in Mohali?
Flats suit end-users and rental income; you can inspect delivered stock and let IT City tenants pay your EMI. Plots have led the appreciation tables but need a five-year-plus horizon and clean, RERA-verified approvals. Decide by holding period, not by market mood.
What should I check before buying property in Mohali?
Punjab RERA registration (rera.punjab.gov.in) matched to the exact tower and unit, the title chain, approved plans, dues clearance, and the developer’s delivery record. Then budget on transacted rates rather than portal listing asks, which routinely run higher than closing prices.
Can NRIs buy property in Mohali?
Yes, NRIs can buy residential and commercial property in Mohali under FEMA rules (agricultural land excluded). Direct flights to Canada, the UAE and the UK have made the city a natural NRI market. Dewan Realtors’ NRI desk handles paperwork, PoA and video tours end to end.
