Mohali Property Prices Rise as Collector Rates Increase from Oct 23

Mohali property prices set to rise as new collector rates take effect from October 23, 2025.

Residential rates will increase by 20–22%, while industrial plots see a 30% jump across key sectors.

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The hike applies across Sectors 48, 53, 79, 89, and Aerocity - Mohali’s most active property zones.

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New residential collector rates range from ₹36,000 to ₹55,000 per sq yd, based on location.

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Industrial land in Phases 1–9 and Sector 82 now valued up to ₹30,000 per sq yd after the revision.

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Buyers will pay higher stamp duty - about ₹22 lakh on a one-kanal house, up from ₹18 lakh earlier.

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Deputy Commissioner Komal Mittal said the hike aligns official values with Mohali’s real market rates.

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Local developers warn the rate hike may affect affordability for mid-income buyers in short term.

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Experts say it will increase transparency and revenue while stabilizing Mohali’s property ecosystem.

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CityNest Realty analysts predict steady long-term growth for Mohali real estate in 2025 and beyond.

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