Gross rental yields in India: Mumbai and 7 other cities

The average gross rental yield in India stands at 4.84% (Q2, 2025). Previously, in Q3 2024, the rental yield was 4.98%.

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

View the full rental yield dataset (2022 - Present)


  Last Updated: May. 02, 2025
Next Update: November 2025
MUMBAI - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Andheri to Dahisar  
Studio $74,584 $189 3.04%
1-Bedroom $124,567 $316 3.04%
2-Bedroom $218,678 $668 3.67%
3-Bedroom $362,043 $1,080 3.58%
4+Bedroom $638,900 $1,851 3.48%
Thane West  
Studio $56,789 $195 4.12%
1-Bedroom $91,304 $265 3.48%
2-Bedroom $161,903 $415 3.08%
3-Bedroom $247,859 $658 3.19%
Navi Mumbai  
Studio $32,190 $120 4.47%
1-Bedroom $58,467 $217 4.45%
2-Bedroom $125,463 $419 4.01%
3-Bedroom $261,789 $661 3.03%
4+Bedroom $409,182 $1,019 2.99%
Central Mumbai  
Studio $76,879 $164 2.56%
1-Bedroom $117,894 $425 4.33%
2-Bedroom $207,768 $670 3.87%
3-Bedroom $343,526 $1,019 3.56%
4+Bedroom $648,576 $2,389 4.42%
Mumbai Harbour  
1-Bedroom $131,789 $479 4.36%
2-Bedroom $249,767 $780 3.75%
3-Bedroom $421,567 $1,147 3.26%
South Mumbai      
1-Bedroom $186,754 $536 3.44%
2-Bedroom $439,245 $1,324 3.62%
3-Bedroom $801,456 $2,698 4.04%
4+Bedroom $1,527,485 $4,791 3.76%
Mumbai (all locations)  
Studio $53,467 $156 3.50%
1-Bedroom $121,789 $387 3.81%
2-Bedroom $244,456 $755 3.71%
3-Bedroom $438,567 $1,287 3.52%
4+Bedroom $751,129 $2,194 3.51%
Mumbai avg. Rental Yields 3.61%
DELHI - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Delhi South  
1-Bedroom $20,998 $191 10.92%
2-Bedroom $55,077 $309 6.73%
3-Bedroom $109,706 $568 6.21%
West Delhi  
1-Bedroom $40,160 $172 5.14%
2-Bedroom $109,008 $279 3.07%
3-Bedroom $172,118 $507 3.53%
Delhi (all locations)  
Studio $20,452 $131 7.69%
1-Bedroom $28,576 $175 7.35%
2-Bedroom $63,485 $287 5.42%
3-Bedroom $114,563 $500 5.24%
4+Bedroom $199,989 $873 5.24%
Delhi avg. Rental Yields 6.19%
KOLKATA - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Kolkata South  
1-Bedroom $21,767 $103 5.68%
2-Bedroom $51,463 $210 4.90%
3-Bedroom $98,645 $420 5.11%
4+Bedroom $282,456 $1,376 5.85%
Kolkata East  
1-Bedroom $17,211 $114 7.95%
2-Bedroom $25,677 $156 7.29%
3-Bedroom $36,056 $224 7.46%
4+Bedroom $69,994 $459 7.87%
Kolkata Central  
2-Bedroom $50,488 $184 4.37%
3-Bedroom $137,694 $482 4.20%
Kolkata (all locations)  
Studio $14,572 $69 5.68%
1-Bedroom $19,201 $107 6.69%
2-Bedroom $43,256 $233 6.46%
3-Bedroom $89,677 $473 6.33%
4+Bedroom $127,899 $688 6.46%
Kolkata avg. Rental Yields 6.32%
PUNE - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Kharadi  
1-Bedroom $53,069 $230 5.20%
2-Bedroom $114,745 $401 4.19%
3-Bedroom $172,118 $562 3.92%
Hinjewadi  
1-Bedroom $50,832 $241 5.69%
2-Bedroom $87,895 $407 5.56%
3-Bedroom $126,220 $544 5.17%
Baner  
2-Bedroom $101,567 $367 4.34%
3-Bedroom $172,346 $573 3.99%
Wagholi  
1-Bedroom $36,718 $149 4.87%
2-Bedroom $52,467 $218 4.99%
3-Bedroom $97,533 $333 4.10%
Hadapsur  
1-Bedroom $43,718 $264 7.25%
2-Bedroom $91,567 $371 4.86%
3-Bedroom $126,220 $482 4.58%
Undri  
2-Bedroom $56,225 $218 4.65%
3-Bedroom $81,469 $390 5.74%
Pune (all locations)  
Studio $23,455 $126 6.45%
1-Bedroom $46,358 $223 5.77%
2-Bedroom $84,509 $337 4.79%
3-Bedroom $131,945 $501 4.56%
4+Bedroom $267,586 $1,033 4.63%
Pune avg. Rental Yields 5.24%
BANGALORE - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Bangalore North  
1-Bedroom $58,520 $207 4.24%
2-Bedroom $91,506 $331 4.34%
3-Bedroom $143,567 $529 4.42%
4+Bedroom $327,025 $1,721 6.32%
Bangalore East  
1-Bedroom $68,847 $321 5.60%
2-Bedroom $107,489 $537 6.00%
3-Bedroom $187,956 $785 5.01%
4+Bedroom $355,711 $1,147 3.87%
Bangalore South  
1-Bedroom $41,308 $364 10.57%
2-Bedroom $78,697 $489 7.46%
3-Bedroom $143,527 $801 6.70%
Bangalore West  
1-Bedroom $35,112 $160 5.47%
2-Bedroom $63,110 $287 5.46%
3-Bedroom $94,091 $459 5.85%
Bangalore Central  
2-Bedroom $113,483 $321 3.39%
3-Bedroom $254,638 $480 2.26%
4+Bedroom $573,728 $975 2.04%
Bangalore (all locations)  
Studio $46,908 $138 3.53%
1-Bedroom $51,838 $267 6.18%
2-Bedroom $89,506 $391 5.24%
3-Bedroom $162,739 $608 4.48%
4+Bedroom $324,563 $1,319 4.88%
Bangalore avg. Rental Yields 4.86%
HYDERABAD - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Hyderabad (all locations)  
1-Bedroom $41,308 $195 5.66%
2-Bedroom $82,495 $283 4.12%
3-Bedroom $138,924 $518 4.47%
4+Bedroom $433,023 $872 2.42%
Hyderabad avg. Rental Yields 4.17%
CHENNAI - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Chennai (all locations)  
1-Bedroom $52,000 $115 2.65%
2-Bedroom $79,045 $275 4.17%
3-Bedroom $137,859 $501 4.36%
4+Bedroom $357,687 $1,032 3.46%
Chennai avg. Rental Yields 3.66%
AHMEDABAD - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Ahmedabad (all locations)  
1-Bedroom $34,566 $183 6.35%
2-Bedroom $64,758 $259 4.80%
3-Bedroom $109,586 $369 4.04%
4+Bedroom $316,748 $901 3.41%
Ahmedabad avg. Rental Yields 4.65%
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

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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