Mohali Property Prices Skyrocket: Collector Rate Hike Up to 67% Across District

Published by News Desk — Garah Pravesh | Call & WhatsApp: 7087949434

The Mohali real estate market has entered a new phase of price escalation. The district administration has officially implemented revised collector rates, increasing property valuations by 1% to a massive 67% per square yard, effective October 23, 2025.

Residential, industrial, and agricultural lands across the Mohali district — including Dera Bassi, Zirakpur, Kharar, and core Mohali city sectors — have seen significant revisions, marking the fourth consecutive annual hike since 2021.

This latest revision reflects the district’s booming real estate demand, bridging the gap between official collector rates and actual market prices, but also making property purchases and registrations costlier for buyers.

Checkout Latest – Collector rates of tehsil Mohali for the year 2025-26 per acre/Per Sq. Yrd/Per Sq.ft – Download File

Checkout Latest – Collector rates of tehsil Zirakpur for the year 2025-26 per acre/Per Sq. Yrd/Per Sq.ft

Checkout Latest – Collector rates of tehsil Derabassi for the year 2025-26 per acre/Per Sq. Yrd/Per Sq.ft

Checkout Latest – Collector rates of tehsil Banur for the year 2025-26 per acre/Per Sq. Yrd/Per Sq.ft

Checkout Latest – Collector rates of tehsil Kharar for the year 2025-26 per acre/Per Sq. Yrd/Per Sq.ft

🧾 Key Highlights of the 2025–26 Collector Rate Revision

Sub-registrar Harmanpreet Singh confirmed that “nearly 50% of the district’s collector rates remain unchanged, but major residential belts like Dera Bassi and Zirakpur have seen notable spikes.”

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📅 Effective from October 23, 2025 — Fourth Consecutive Rate Hike

This marks the fourth straight year that the Mohali administration has revised collector rates upward.

• 2021: 35% average hike

• 2022: 42–76% hike

• 2024: 26–50% hike

• 2025: 1–67% hike

According to officials, the collector rates are revised annually to ensure government-declared values align closely with market transactions, boost state revenue, and curb black money in property deals.

Deputy Commissioner Komal Mittal stated,

“The new collector rates have been rationalised after detailed consultations with all stakeholders. The goal is to reflect realistic market values and facilitate smoother, more transparent property registrations.”

📈 Why Property in Mohali Keeps Getting Pricier

Mohali’s meteoric growth has been fueled by:

• No new housing projects in Chandigarh since 2016, pushing demand outward.

• Rapid infrastructure development including PR-7 Airport Road, IT City, and GMADA sectors.

• Strong investor and end-user demand from Chandigarh, Panchkula, Zirakpur, and Delhi NCR.

• Booming commercial and industrial expansion, creating employment and housing demand.

Experts note that the real estate ecosystem of Mohali is transitioning from an affordable alternative to a premium housing and investment destination adjoining Chandigarh.

💸 Impact of the Rate Hike on Buyers and Sellers

With the new collector rates in force, the stamp duty and registration charges—which are based on either the market value or collector rate (whichever is higher)—will also increase.

For example:

• A one-kanal house in Mohali city now attracts ₹22 lakh in stamp duty, up from ₹18 lakh earlier.

• Stamp duty rates remain at 8% for men, 6% for women, and 7% for joint ownership.

This means both buyers and sellers will need to adjust their budgets and expectations.

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🏙️ Dera Bassi and Zirakpur Lead the Surge

🏠 Dera Bassi: The 67% Shock

The highest increase of 67% has been reported in Pandwala village near Dera Bassi — a semi-urban belt witnessing fast development due to proximity to NH-152, Ambala-Chandigarh Highway, and industrial clusters.

• Mubarikpur: +33%

• Meerpur: +29%

• Pandwala: +67%

This rise will make Dera Bassi one of the most expensive suburban zones in the Mohali district for land purchases.

🌆 Zirakpur: 21% Residential Hike

Zirakpur, the gateway to Punjab’s real estate boom, saw a 21% rise in collector rates.
Areas along PR-7 Airport Road, VIP Road, and Patiala Highway are expected to feel the biggest impact, especially for mid-segment apartments, duplexes, and villas.

Developers say this may push property prices upward but will add credibility to official valuations, helping formalize the property market.

🏢 Mohali City and GMADA Zones

Within Mohali’s urban sectors:

• Residential flats in Phases 1–9 rose by 32%.

• GMADA sectors (66–80) saw 10–20% hikes.

• Industrial areas witnessed a 30% increase, reflecting steady commercial growth.

• Gillco Park Hills and TDI projects (Sectors 117–119) recorded a 40% rise, while JLPL areas grew 21%.

Interestingly, Mohali Hills remains unchanged, offering a window of opportunity for investors seeking premium plots at stable valuations.

🌾 Agricultural and Industrial Land Adjustments

• Agricultural land rates rose by 5–11%, ensuring rural areas are also brought closer to market reality.

• Industrial plots rose by up to 30% per square yard, continuing the upward trend that began in 2024.

• Commercial land rates were left unchanged — a move likely aimed at supporting business expansion and commercial leasing.

🏦 Market Reactions: A Mixed Sentiment

🔹 Developer Perspective

Parveen Kansal, Chairman of Royal Estate Group, Mohali, said:

“The increase will hit the middle-class segment. Instead of directly hiking collector rates, the government could have introduced a smaller cess.”

🔹 Consultant Perspective

Shailender Anand, Ex-Chairman of the Mohali Property Consultants Association (MPCA), remarked:

“It’s not the ideal time for a rate hike as the market is currently stable. However, long-term, this could bring more transparency and valuation accuracy.”

🔹 Government Perspective

Deputy Commissioner Komal Mittal reaffirmed:

“The revision ensures realistic property valuations and smoother registrations. It also helps the administration bridge the gap between market price and government-declared value.”

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📉 Initial Slowdown in Registries

Following the announcement, property registry offices saw a slowdown.
On the first day of the new rates (October 23), only 35 registries were done compared to the usual 120 per day.
Officials attribute this to confusion among residents and festive holidays.

“It usually takes around 15 days for transactions to normalize once new rates are implemented,” said Sub-registrar Harmanpreet Singh.

On October 21, the last working day before the revision, registration offices witnessed a heavy rush, as many buyers rushed to complete deals under old rates.

🧠 Understanding Collector Rates

The collector rate is the minimum benchmark value determined by the government for property transactions.
It directly impacts:

• Stamp duty

• Registration fees

• Tax liabilities

When the collector rate increases, property registration costs rise — even if the actual market price doesn’t change.
This system ensures transparency and helps prevent undervaluation or circulation of unaccounted money in real estate deals.

🌍 How This Affects Mohali’s Real Estate Market

While short-term demand may soften due to increased registration costs, long-term investors remain optimistic.
The consistent hike signals robust market confidence, economic activity, and rising land value stability across the district.

Property consultants believe areas like:

• Zirakpur

• Airport Road

• Dera Bassi

• Sector 82–120
  will continue attracting new buyers looking for growth potential near Chandigarh’s periphery.

🏡 Why Garah Pravesh is Your Trusted Real Estate Partner

Navigating collector rate hikes, stamp duties, and local property trends can be confusing.
That’s where Garah Pravesh comes in — offering:

• ✅ Transparent deals and verified listings

• ✅ Expert guidance on registration and documentation

• ✅ Updated pricing and locality trends

• ✅ Personalized property recommendations

📞 Call or WhatsApp: 7087949434
🌐 Visit www.garahpravesh.com for the latest property updates in Mohali, Zirakpur, and Chandigarh.

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❓ Frequently Asked Questions (FAQs)

Q1. What is the highest collector rate hike in Mohali this year?

The biggest increase is 67% in Pandwala village, Dera Bassi, followed by 40% in Gillco Park Hills and TDI Sectors 117–119.

Q2. Are commercial property rates affected?

No. The commercial collector rates remain unchanged for FY 2025–26.

Q3. When did the new rates come into effect?

The revised collector rates became effective from October 23, 2025.

Q4. How will this affect homebuyers and investors?

Homebuyers will pay higher stamp duty and registration fees, while investors will benefit from increased asset valuations over time.

Q5. Which areas are least affected?

Projects like Mohali Hills and parts of MK Technology Park remain largely unchanged, offering better short-term investment stability.

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