The page above already explains why there is no city-by-city rental yield table: no Indian institutional source publishes one. What this article adds is what does exist for the inputs that go into your own yield calculation — property tax by corporation, stamp duty by state, and how rental income itself is taxed — plus a detail the existing explanation leaves out: NHB has conceptually widened the RESIDEX brand to include a Housing Rental Index alongside its price index, but has not published any actual rental data under it.
NHB has named a rental index. It has not published one.
Beyond the price-tracking role the page above already describes, NHB's own RESIDEX pages state that the RESIDEX brand has been conceptually widened to include a Housing Rental Index (HRI) alongside the Housing Price Index and a land price index (NHB — About RESIDEX; the current portal separately confirms the series is now rebased to "Base Year FY 2024-25"). Neither page carries an actual rental dataset, a current release quarter, or an up-to-date city list under that name — the HRI is named as a concept, not delivered as data, in everything fetchable from these pages. That is a narrower and more precise finding than "NHB doesn't track rents": NHB has said it intends to, under its own existing brand, and has not yet done so. Do not treat a future NHB HRI release as confirmed until this page's calculator links to an actual figure.
The property-tax deduction: what three corporations actually publish
The expense table above gives a generic 0.1–0.5% of value a year for property tax, because there is no single Indian property-tax rate to state precisely — it is a municipal levy, and each corporation runs its own formula. Where a corporation's formula is actually published, use it rather than the generic range: BBMP's own FAQ confirms depreciation is available on a calendar-year basis, a 5% discount applies for payment within the early-payment window, and belated pre-2016-17 arrears carry 2% monthly penal interest (BBMP FAQ). MCGM's capital-value formula — Base Value × User Category × Building Type × Age Factor × Floor Factor × Carpet Area — is documented in the corporation's own RTI manual (MCGM Manual V, Chapter 6), and Greater Chennai Corporation's tax-assessment page sets out the reasonable-letting-value method plinth area × basic street rate is built on (GCC — Property Tax Assessment). Run your actual corporation's numbers through the property tax calculator and use that figure in place of the generic range above — it will move net yield more than the range implies for a letting-heavy city like Mumbai, where BMC applies a materially different rate to a tenanted unit.
Three cities have no verified property-tax formula to cite at all
Hyderabad (GHMC), Delhi (MCD) and Pune (PMC) are named here without a rate for the same reason the property tax calculator names them without one: their formulas circulate widely on private sites, but none could be independently confirmed against a directly-fetched government source. Do not treat a GHMC "slab plus library cess" figure, an MCD unit-area-value table, or a PMC percentage you find elsewhere as a verified input for a yield calculation on a property in one of these three cities — use the actual figure from your own demand notice.
The entry-cost input: stamp duty is not a percentage you can assume
Yield-on-cost — net rent over what you actually paid to acquire the property, rather than over the sticker price — needs the state charges added to the purchase price as an input, and those vary by state and are not averaged anywhere useful. Kerala's own schedule sets an 8% conveyance duty plus a 2% registration fee, uniform across panchayat, municipal and corporation areas (Kerala Registration Department), with a lower 7% concessional rate for a flat conveyed within six months of the local body allotting the house number (Kerala G.O.(P) No.41/2023/TAXES). Uttar Pradesh's own published schedule, by contrast, states only base rupee slabs and defers the actual ad-valorem rate to a separate notification not on the same portal — and contains no women's-concession wording anywhere in its text (UP Stamp and Registration Department). Work out your own state's figure on the stamp duty comparison tool before it goes into the acquisition-cost denominator.
The tax on the rent itself depends on which regime applies
The existing FAQ on this page already states the 30% standard deduction on net annual value. What it does not distinguish is that the home-loan interest deduction it also mentions is regime-dependent. Under the old regime, the Income Tax Department's AY 2026-27 guidance places no cap on interest deducted against a let-out property's rental income, unlike the ₹2,00,000 cap that applies to a self-occupied home (incometax.gov.in). Under the new, default regime, the department's own regime-comparison FAQ confirms Section 80C cannot be claimed at all, and is explicit that the new regime disallows self-occupied interest under Section 24(b) — but does not itself state, in the wording independently checked here, whether let-out interest remains uncapped under the new regime the way it does under the old one (incometax.gov.in). Check which regime you are actually filing under, on the home loan tax benefit calculator, before assuming the interest offset used in a net-yield calculation is available to you.
Methodology
NHB's RESIDEX/HRI status is read from NHB's own current and legacy portal pages. Property-tax mechanics are read from each corporation's own FAQ, RTI manual or assessment page; stamp duty from Kerala's and Uttar Pradesh's own state registration departments; income-tax treatment from the Income Tax Department's AY 2026-27 e-filing portal. No city-level yield figure appears anywhere in this article, consistent with the existing page's own finding that none is published.
Sources
- NHB RESIDEX — current portal landing page — accessed 2026-09-21
- BBMP — Frequently Asked Questions (Unit Area Value / SAS) — accessed 2026-09-21
- MCGM — RTI Manual V, Chapter 6, Capital Value System — accessed 2026-09-21
- Greater Chennai Corporation — Property Tax Assessment — accessed 2026-09-21
- Kerala Registration Department — Existing Rates of Stamp Duty and Registration Fees — accessed 2026-09-21
- Government of Kerala — G.O.(P) No.41/2023/TAXES (flat/apartment stamp duty concession) — accessed 2026-09-21
- UP Stamp and Registration Department — Indian Stamp Act Schedule 1-B — accessed 2026-09-21
- Income Tax Department — Salaried Individuals, AY 2026-27 — accessed 2026-09-21
- Income Tax Department — New vs Old Tax Regime FAQs — accessed 2026-09-21