New Delhi rentals: Is the current hike justified for landlords?

Spent the whole weekend analyzing rental data for South Delhi, especially areas like Vasant Kunj and Greater Kailash. Honestly, this 30-40% rent hike over the last two years feels completely disconnected from reality. From my experience, the rental yield for investors has actually dropped, even with higher rents. Property prices have also gone up, but not enough to justify this kind of rent increase if you're looking at ROI. I've seen this pattern before; landlords are just trying to push their burden onto tenants. If you calculate the actual yield on a ₹3Cr property in Vasant Kunj, even with ₹70-80k rent, it's barely 2.5-3%. That's a calculated risk with very little return. Is investing in property for rental income still making sense in Delhi with these numbers? I don't think so. Everyone glorifies rental income, but nobody talks about the pathetic yields in Delhi now. It's a landlord's market purely because of limited supply, not because the numbers add up for a decent investment. Change my mind.