Gross rental yields in India: Mumbai, Delhi and 6 other cities

The average gross rental yield in India stands at 5.16% (Q2, 2026). Previously, in Q4 2025, the rental yield was 5.09%.

Cities and areas compared
  • Mumbai
  • Delhi
  • Kolkata
  • Pune
  • Bangalore
  • Hyderabad
  • Chennai
  • Ahmedabad
Historical rental yields in India

View rental yield history


   
MUMBAI - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Andheri to Dahisar  
Studio $78,100 $230 3.53%
1-Bedroom $132,400 $360 3.26%
2-Bedroom $236,100 $630 3.20%
3-Bedroom $381,500 $1,030 3.24%
4+Bedroom $712,300 $2,270 3.82%
Thane  
Studio $77,200 $100 1.55%
1-Bedroom $97,100 $250 3.09%
2-Bedroom $152,600 $400 3.15%
3-Bedroom $237,400 $620 3.13%
Navi Mumbai  
Studio $34,800 $140 4.83%
1-Bedroom $59,300 $250 5.06%
2-Bedroom $131,000 $470 4.31%
3-Bedroom $254,000 $700 3.31%
4+Bedroom $435,600 $1,550 4.27%
Central Mumbai  
Studio $77,400 $220 3.41%
1-Bedroom $125,100 $470 4.51%
2-Bedroom $212,000 $740 4.19%
3-Bedroom $384,600 $1,290 4.02%
4+Bedroom $867,000 $3,090 4.28%
Mumbai Harbour  
1-Bedroom $124,900 $470 4.52%
2-Bedroom $231,100 $830 4.31%
3-Bedroom $412,700 $1,240 3.61%
South Mumbai  
1-Bedroom $216,700 $620 3.43%
2-Bedroom $465,000 $1,390 3.59%
3-Bedroom $890,400 $2,990 4.03%
4+Bedroom $1,805,500 $5,470 3.64%
Mumbai avg. Rental Yields 3.74%
DELHI - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Delhi South  
1-Bedroom $25,100 $220 10.52%
2-Bedroom $50,600 $400 9.49%
3-Bedroom $88,700 $710 9.61%
West Delhi  
1-Bedroom $41,300 $180 5.23%
2-Bedroom $98,000 $330 4.04%
3-Bedroom $175,400 $520 3.56%
Delhi (all locations)  
Studio $26,600 $150 6.77%
1-Bedroom $28,900 $180 7.47%
2-Bedroom $69,700 $330 5.68%
3-Bedroom $120,300 $610 6.08%
4+Bedroom $309,600 $1,180 4.57%
Delhi avg. Rental Yields 6.12%
KOLKATA - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Kolkata South  
1-Bedroom $23,700 $100 5.06%
2-Bedroom $49,700 $200 4.83%
3-Bedroom $102,000 $410 4.82%
4+Bedroom $286,900 $1,030 4.31%
Kolkata East  
1-Bedroom $19,900 $120 7.24%
2-Bedroom $42,000 $190 5.43%
3-Bedroom $65,100 $260 4.79%
Kolkata Central  
2-Bedroom $66,100 $230 4.18%
3-Bedroom $124,000 $410 3.97%
Kolkata (all locations)  
Studio $14,500 $70 5.79%
1-Bedroom $23,000 $100 5.22%
2-Bedroom $46,900 $250 6.40%
3-Bedroom $95,000 $510 6.44%
4+Bedroom $209,100 $890 5.11%
Kolkata avg. Rental Yields 5.79%
PUNE - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Kharadi  
1-Bedroom $62,300 $260 5.01%
2-Bedroom $119,100 $380 3.83%
3-Bedroom $172,000 $570 3.98%
Hinjewadi  
1-Bedroom $56,000 $250 5.36%
2-Bedroom $93,000 $310 4.00%
3-Bedroom $131,200 $420 3.84%
Baner  
2-Bedroom $121,500 $370 3.65%
3-Bedroom $200,000 $570 3.42%
Wagholi  
1-Bedroom $37,400 $160 5.13%
2-Bedroom $63,300 $220 4.17%
3-Bedroom $101,700 $310 3.66%
Hadapsur  
1-Bedroom $49,600 $280 6.77%
2-Bedroom $88,000 $360 4.91%
3-Bedroom $145,300 $550 4.54%
Undri  
2-Bedroom $65,000 $200 3.69%
3-Bedroom $120,400 $300 2.99%
Pune (all locations)  
Studio $20,800 $140 8.08%
1-Bedroom $54,700 $280 6.14%
2-Bedroom $104,200 $360 4.15%
3-Bedroom $158,900 $530 4.00%
4+Bedroom $328,500 $990 3.62%
Pune avg. Rental Yields 5.20%
BANGALORE - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Bangalore North  
1-Bedroom $65,700 $230 4.20%
2-Bedroom $98,300 $360 4.39%
3-Bedroom $151,000 $520 4.13%
4+Bedroom $363,300 $1,890 6.24%
Bangalore East  
1-Bedroom $81,300 $240 3.54%
2-Bedroom $128,500 $470 4.39%
3-Bedroom $192,000 $670 4.19%
4+Bedroom $363,300 $1,300 4.29%
Bangalore South  
1-Bedroom $55,600 $250 5.40%
2-Bedroom $88,000 $360 4.91%
3-Bedroom $153,100 $560 4.39%
Bangalore West  
1-Bedroom $25,900 $110 5.10%
2-Bedroom $68,600 $310 5.42%
3-Bedroom $106,400 $360 4.06%
Bangalore Central  
2-Bedroom $145,300 $310 2.56%
3-Bedroom $318,700 $510 1.92%
4+Bedroom $660,100 $1,040 1.89%
Bangalore (all locations)  
Studio $48,400 $170 4.21%
1-Bedroom $66,100 $320 5.81%
2-Bedroom $98,500 $470 5.73%
3-Bedroom $176,000 $670 4.57%
4+Bedroom $397,300 $1,560 4.71%
Bangalore avg. Rental Yields 5.01%
HYDERABAD - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Hyderabad (all locations)  
1-Bedroom $44,700 $190 5.10%
2-Bedroom $85,000 $320 4.52%
3-Bedroom $149,600 $620 4.97%
4+Bedroom $358,100 $1,040 3.49%
Hyderabad avg. Rental Yields 4.52%
CHENNAI - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Chennai (all locations)  
1-Bedroom $29,300 $190 7.78%
2-Bedroom $62,400 $260 5.00%
3-Bedroom $104,200 $520 5.99%
4+Bedroom $259,500 $860 3.98%
Chennai avg. Rental Yields 5.69%
AHMEDABAD - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Ahmedabad (all locations)  
1-Bedroom $29,100 $190 7.84%
2-Bedroom $62,000 $280 5.42%
3-Bedroom $106,500 $390 4.39%
4+Bedroom $306,000 $850 3.33%
Ahmedabad avg. Rental Yields 5.25%
All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents' fees, and any other costs. Net yields (what you'll really earn) are typically around 1.5% to 2% lower.
Source: Global Property Guide and Makaan

View the full rental yield dataset (2022 - Present)


Research Methodology:

Our rental yield analysis is conducted biannually to ensure up-to-date insights. We assess 1-bedroom, 2-bedroom, and 3-bedroom properties across the largest cities in India, comparing median rental prices with median purchase prices to determine gross rental yields.

We source data from a leading local property platform, capturing both asking rents and list prices to reflect current market conditions. The gross rental yield is calculated using the following formula:

(Median Monthly Rent × 12) ÷ Median Purchase Price × 100

For example, if the median monthly rent is $500 and the median purchase price is $100,000, the yield is calculated as:

($500 × 12) ÷ $100,000 = 6% Gross Rental Yield

Note: NET yields vary from country to country, but are usually 1.5-2% lower.

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