Commercial Property in Mohali – Prices & Investment Guide 2026
Mohali has quietly become one of North India’s most active commercial real estate markets. What was once seen purely as Chandigarh’s residential satellite city is today a full-fledged business hub — home to IT parks, corporate offices, Grade-A retail corridors, and a booming startup ecosystem. In 2026, the momentum is only accelerating.
Whether you are a business owner looking for an office space in Mohali, a retail brand scouting for a shop on Airport Road, or an investor seeking high-yield commercial property, this guide covers everything you need — current prices, top locations, rental yields, investment hotspots, and what to watch out for before you sign.
Why Commercial Property in Mohali Is Booming in 2026
Several structural factors have converged to make Mohali’s commercial real estate market one of the strongest in Punjab right now.
The IT ecosystem is growing fast. Mohali IT City, spread across hundreds of acres in Sector 82, already houses companies like Infosys, Quark, and dozens of mid-sized tech firms. As IT companies continue relocating regional offices from crowded metros like Delhi-NCR, demand for quality office space in Mohali has risen sharply. Rental yields in IT City currently stand at 8–12% annually — significantly higher than what residential property offers.
The international airport is a game changer. Chandigarh International Airport’s expanding capacity has made Mohali’s Aerocity zone one of the most valuable commercial corridors in the Tricity region. Airport Road now runs through a dense commercial belt lined with showrooms, hotels, offices, and retail anchors — with footfall that rivals established commercial markets.
Infrastructure investment is increasing property values. The proposed Chandigarh Metro, the PR-7 road project, and GMADA’s ongoing development of planned sectors are all translating into rising commercial property prices and stronger tenant demand. Properties near proposed metro stations in Aerocity and IT City could see value appreciation of 20–30% over the next three to four years.
Commercial outperforms residential on returns. Across Mohali, commercial properties are delivering rental yields of 5–10% annually compared to 3–4% for residential. For investors focused on passive income, the math clearly favours commercial.
Commercial Property Prices in Mohali 2026 — Zone by Zone
Prices vary significantly depending on location, type of unit, and whether it is under construction or ready to move. Here is a current overview of what you can expect to pay across Mohali’s key commercial zones.
Aerocity — Premium Airport Road Corridor
Aerocity is Mohali’s most premium commercial address in 2026. Located on the 200-ft Airport Road with GMADA-approved infrastructure, this zone attracts national brands, showrooms, hotels, and corporate offices.
- Shops and showrooms: ₹72 lakhs to ₹4 crore depending on size (243 sq ft to 1,120 sq ft range)
- Office spaces: ₹48 lakhs for a 315 sq ft furnished unit; ₹1 crore and above for larger bare-shell spaces
- Rental rates: ₹120–₹150 per sq ft per month for prime frontage units
- Rental yield: 6–8% annually on established units
STJ Group’s Mohali Citi Centre 2, located in Aerocity, is one of the most active projects here — with double-height shops starting at ₹45.9 lakhs and 100% occupancy already reported on their first phase.
IT City (Sector 82 Area) — Tech and Corporate Hub
IT City is the go-to destination for office space in Mohali for technology companies, co-working operators, and business process firms. The zone has modern infrastructure, dedicated IT zoning approvals, and consistent demand from corporate tenants.
- Office spaces: ₹25.9 lakhs for bare-shell units in emerging projects (Sector 74A); ₹1.3 crore and above for Grade-A spaces in established complexes
- Co-working spaces: Starting from ₹7,190 per seat per month (operators like Regus are active here)
- Rental rates: ₹75,000–₹90,000 per month for a 1,000 sq ft furnished office
- Rental yield: 8–12% annually — the highest in Mohali
Phase 8 and Phase 8B industrial areas, adjacent to IT City, also offer larger office floors of 3,000–6,000 sq ft for established businesses at competitive rates.
Airport Road (Sector 67 Area) — Retail and Mixed-Use
CP-67 Mall on Airport Road in Sector 67 is the anchor of this zone — a fully leased mixed-use development by Homeland Group and Unity Group featuring PVR multiplex, high-street retail, food courts, and Grade-A offices. The surrounding belt has seen strong appreciation.
- Office spaces in the belt: ₹8,000–₹13,000 per sq ft
- Retail space: ₹12,000–₹40,000 per sq ft depending on floor and visibility
- Pre-leased properties: Available with locked-in tenants and 15% increment clauses every three years
Phase 7 and Sector 68 — Affordable Commercial Entry Point
For investors and small business owners looking for more affordable entry points, Phase 7 and Sector 68 offer solid options.
- Shops and booths: Starting from ₹41.69 lakhs (Turnstone Medallion 68, Sector 68 — ready to move)
- Office spaces in TDI City (Sector 119): Ready-to-move units at competitive rates, ideal for businesses needing immediate possession
- Rental rates: ₹40,000–₹60,000 per month for small office spaces of 500–800 sq ft
Kharar — Emerging Budget Zone
Kharar, at the northern edge of the Mohali district, is attracting investors priced out of the premium zones. New launches like 9th Avenue by Motia Group are bringing Grade-A retail formats to this previously underserved market.
- Shop prices: ₹90 lakhs to ₹93.5 lakhs for new launch projects
- Appreciation potential: 15–20% annually as infrastructure develops
Types of Commercial Property Available in Mohali
Understanding what is available helps you match your goal — whether business use or investment — to the right property type.
SCO (Shop-Cum-Office) Plots: One of Mohali’s most popular commercial formats. SCO plots in prime sectors like 67, 68, and 82 come with commercial land use approval and give buyers the flexibility to develop according to their business needs. STJ Group’s Aerocity projects feature double-height SCOs with 1,100-ft Airport Road frontage — among the most visible commercial formats in the region.
Ready-to-Move Shops: Available across Aerocity, Phase 7, Sector 112, and TDI City (Sector 117). Ideal for retail businesses that need immediate possession. Sizes range from 225 sq ft to 1,700 sq ft. Prices from ₹43.5 lakhs to ₹5.4 crore depending on size and location.
Bare-Shell Office Spaces: New projects in Sectors 74A and 75 are offering bare-shell office units for delivery in mid-to-late 2026 — Vera Kings Gate (possession June 2026) and Jubilee Clio (possession December 2026) are two active options. Ideal for businesses that want to customise interiors.
Pre-Leased Commercial Properties: For investors who want income from day one. Sector 65 (Phase 11) has pre-leased corner SCOs with established tenants. These typically offer 6–8% yields with contractual rent increments built in.
Showrooms: Large-format showroom spaces are available in Aerocity and on Airport Road. Sizes from 200 sq yards to 96 × 90 ft double-storey units. These suit automobile brands, furniture showrooms, and other space-intensive retailers.
Warehouse and Industrial Units: Available near the Phase 8B industrial area and Aerocity for logistics and light manufacturing businesses. Spaces from 6,000 sq ft upward, with rental rates that are significantly more affordable than Delhi-NCR equivalents.
Best Locations to Buy Commercial Property in Mohali in 2026
If you are choosing between Mohali’s commercial zones, here is how to think about it depending on your goal.
Best for highest rental yield: IT City (Sector 82 area) — 8–12% annual yields driven by IT company demand. Best suited for office space investors.
Best for brand visibility and footfall: Aerocity and Airport Road — premium frontage, national brand neighbours, and daily traffic from the airport route. Best for showrooms, restaurants, and retail brands.
Best for affordable investment entry: Phase 7, Sector 68, and Kharar — lower upfront cost, solid appreciation potential as infrastructure develops.
Best for ready-to-move office: Phase 8 and Phase 8B industrial area — large floor plates, established commercial environment, immediate possession available.
Best for pre-leased income: Sector 65 (Phase 11) and TDI City — existing tenant agreements, structured rent increments, suitable for passive investors.
What Rental Yields Can You Expect?
This is the question most investors ask first. Here is a consolidated view based on current market data for 2026.
- IT City office spaces: 8–12% annually — highest in Mohali
- Aerocity shops and showrooms: 6–8% annually
- Airport Road retail and office: 6–8% annually, higher for prime ground-floor units
- Phase 7 and Sector 68: 5–7% annually
- Kharar new launches: 4–5% initially, with strong appreciation upside
For context, Mohali’s commercial yields outperform the residential market by 2–3× and are competitive with commercial yields in Chandigarh (6–8%). The combination of yield plus capital appreciation — estimated at 10–15% annually in prime zones — makes commercial property in Mohali one of the better risk-adjusted investment options in the Tricity region right now.
Key Things to Check Before Buying Commercial Property in Mohali
Buying commercial property involves larger sums and longer commitments than residential. Avoid expensive mistakes by verifying these before you sign.
RERA registration: All commercial projects in Punjab must be RERA-registered. Check the Punjab RERA portal (rera.punjab.gov.in) for your project’s registration number, approved layout, and any complaints filed. Do not buy in unregistered projects regardless of how attractive the price looks.
GMADA/Municipal approval: Confirm the commercial land use approval for the plot or building. A property built on land zoned residential but used commercially is a legal and resale risk.
Completion and possession timeline: Under-construction projects in Mohali have a mixed track record. Vera Kings Gate is due June 2026 and Jubilee Clio December 2026 — verify these against the RERA portal’s committed dates.
Occupancy and footfall data: For retail spaces, the number of other occupied units in the complex matters enormously. A project that is 30% occupied will not generate the footfall that makes retail viable. Ask the developer for occupancy certificates and physically visit at peak hours.
Escalation clause in lease agreements: If you are buying a pre-leased property, read the lease carefully. Standard commercial leases in Mohali include a 15% rent increment every three years. Confirm this is locked in writing.
Bank loan availability: Most nationalised banks offer commercial property loans at 65–70% LTV. Confirm your project is on the bank’s approved list before committing, especially for under-construction units.
Frequently Asked Questions
What is the average price of commercial property in Mohali in 2026?
Prices range widely depending on location and type. Small retail units in Phase 7 start from ₹41–45 lakhs. Premium showrooms and offices in Aerocity range from ₹72 lakhs to ₹4 crore. Office spaces in IT City start from ₹25.9 lakhs for smaller bare-shell units and go above ₹1.3 crore for Grade-A floors.
Which area in Mohali is best for commercial investment?
IT City offers the highest rental yields (8–12%) for office investors. Aerocity and Airport Road are best for retail and showroom businesses requiring footfall and visibility. Phase 7 and Sector 68 are strong options for budget-conscious investors seeking appreciation potential.
What rental yield can I expect from commercial property in Mohali?
Current yields range from 5–7% in emerging zones to 8–12% in established IT and retail corridors. This compares favourably with residential property yields of 3–4% in the same area.
Is it a good time to buy commercial property in Mohali in 2026?
Yes, for most investor profiles. The proposed Chandigarh Metro, ongoing IT expansion, and GMADA’s infrastructure push are all structural demand drivers. Properties bought in 2026 in IT City, Aerocity, and Airport Road are well positioned for 10–15% annual appreciation alongside rental income.
What documents should I check before buying commercial property in Mohali?
Verify RERA registration on rera.punjab.gov.in, GMADA/municipal commercial land use approval, approved building plans, completion certificate for ready-to-move units, and the seller’s title chain (minimum 13 years). For pre-leased properties, review the lease agreement’s tenure, escalation clause, and lock-in period.
Can NRIs buy commercial property in Mohali?
Yes. NRIs can purchase commercial property in India under FEMA regulations using NRE or NRO accounts. Repatriation of rental income is permitted subject to TDS deduction. Mohali’s commercial market is increasingly attracting NRI investors, particularly in IT City and Aerocity.
Browse Verified Commercial Properties in Mohali
MultiOwner lists verified commercial properties across Mohali — offices, shops, SCOs, and showrooms in Aerocity, IT City, Airport Road, Phase 7, and Sector 68. All listings are cross-checked for RERA compliance, with photos, pricing, and direct owner or builder contact.
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