Delhi real estate market — prices, rental yield and trend

• Average price: $2,510 / m²
• Gross rental yield: 2.56%
• Net rental yield: 2.47%
• Transaction cost: 9.5%
• Price basis: local-market average

Residential property in Delhi averages $2,510 per square metre. That makes it the 198th most expensive of the 264 markets in the set.

What a buyer pays in Delhi

The $2,510 figure is a local-market average across all residential property types: a flat in a prime district sits well above it, an older unit on the edge of the market well below. Buying costs — transfer tax or stamp duty, notary, registration and agency — come to about 9.5% of the price here. On a 100 m² apartment at the average price that is roughly $23,845 on top of the $251,000 purchase price. That is close to the 9.6% median across the set. Against the India national average of $1,205, Delhi carries a 108.3% premium — the gap between this market and the country as a whole. Among the other India markets we track, Bengaluru at $1,892 is 32.7% cheaper, and Mumbai at $5,890 is 57.4% dearer.

What it earns

A square metre lets for about $5.4 a month. Against a purchase price of $2,510 per square metre that is 2.6% gross, before tax. Both figures come from the same source and the same period, so you can check the arithmetic yourself. It ranks 297th of 311 markets by gross yield. Rental income is taxed at 1.8–9.1% — the rate is not a single number here. That is the difference between 2.3% and 2.5% net on the same property. The 2.5% net figure we publish uses 3.6%.

How the tax works. Strongly progressive: under the Income-tax Act 2025 (in force from 1 April 2026) rental income gets a 30% standard deduction (§ 22(1)(a)) and is then taxed at the new-regime slabs plus 4% cess; the § 87A rebate is not available to non-residents. That gives 2–9% across typical rent levels. Cash-flow note: the tenant must withhold 31.2% (§ 393(2)), most of which is recovered by filing a return. Source: incometax.gov.in.

Who can buy in Delhi

Freehold for NRI/OCI holders only; agricultural land not permitted. That is the rule a foreign buyer meets first, not legal advice — check the current position locally before you commit.

How this figure is built

The price figure for Delhi is built from asking prices from listings. It was last refreshed on 2026-10-17. We rate our confidence in this market’s data low — treat the figures as indicative and check them before acting. We recompute every market the same way, which is what lets Delhi be compared with a country average or another city.

Sources: Numbeo Delhi · numbeo.com · rbi.org.in. Snapshot: 2026-10-17.