Bengaluru man explains why he agreed to a rent hike of ₹15,000 within one year
1 year, 5 months ago

Bengaluru man explains why he agreed to a rent hike of ₹15,000 within one year

Hindustan Times  

A Bengaluru techie explained why he agreed to stay at his rented house even after the landlord hiked the rent by ₹15,000 within an year, prompting a renewed discussion on Twitter over the city's rental market. “My Landlord in Bangalore increased rent by 15,000 INR within one year whereas as per agreement the increase per year should have been 5%. READ | ‘Show your LinkedIn profile’: Bengaluru landlord's demand for a tenant “We had no other option but to agree to the landlord as finding a new place again is a bug big problem - a lot of time to research/ brokerage amount to be paid again / locality and distance from place of work. READ | 'Must be IITian': What Bengaluru landlords now demand of tenants Bengaluru has been witnessing such incidents often in recent times, with landlords asking potential tenants to provide their LinkedIn profiles, asking for their qualification and even the college that they passed out from.

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History of this topic

Peak Bengaluru moment: Techie landlord turns advisor for his tenant's startup. Viral post
3 weeks, 6 days ago

Peak Bengaluru moment: Techie landlord turns advisor for his tenant's startup. Viral post

Hindustan Times  

We’ve come across numerous stories of exchanges between friendly landlords and tenants in India’s metros. An entrepreneur in Bengaluru took to social media to reveal that his landlord is now also playing the role of an advisor for his startup, perfectly capturing a 'Peak Bengaluru' moment in India’s startup capital. Vetri Venthan took to X, saying that his landlord loved …

Rent crisis grips India as landlords bend rules, employ tricks and threats
1 month ago

Rent crisis grips India as landlords bend rules, employ tricks and threats

India Today  

Indoor plants, family pictures and food in the fridge await us. India Today Digital spoke to several people who live in these cities and brokers to understand the rent hike crisis and its intensity across the metropolitan cities in India. THE SKYROCKETING RENTS IN RENTAL HOTSPOTS Cities Rental Hotspots 2021 Q2 2024 % Increase Bengaluru Sarjapur Rd 21,000 35,000 67% …

Bengaluru landlord demands ₹5 lakh deposit for flat with ₹40,000 rent. ‘Insane,’ says internet
1 month, 1 week ago

Bengaluru landlord demands ₹5 lakh deposit for flat with ₹40,000 rent. ‘Insane,’ says internet

Hindustan Times  

In the latest chapter of 'Bengaluru Rent Woes,' a woman claims she was asked to pay ₹5 lakh as security deposit on a ₹40,000 per month apartment. Harnidh Kaur took to social media to share her renting woes and her post has grabbed eyeballs on X, where many said that rent prices in Bengaluru are “out of control". A woman …

Bengaluru's Rental Housing Market Rejuvenates: Experts Say
2 months ago

Bengaluru's Rental Housing Market Rejuvenates: Experts Say

Hindustan Times  

Bengaluru's rental housing market returns to normalcy, with average rent per month increasing by 4% in 2024 compared to 2023. While the rate of increase has stabilized, it is still higher than pre-pandemic levels. The market is expected to see annual increases in rentals to the tune of 4-8%, while property prices are expected to register a rise of 5-10%. …

Bengaluru real estate: Redditor narrates tragic story with landlord; personal data leaked
3 months, 1 week ago

Bengaluru real estate: Redditor narrates tragic story with landlord; personal data leaked

Hindustan Times  

Tenants in Bengaluru have for the last few years struggled to cope with the ever-changing demands of landlords, some of whom have gone to the extent of checking profiles of tenants on LinkedIn. Redditor narrates tragic story with landlord in Bengaluru; personal data leaked There have also been instances wherein property brokers have allotted appointments to tenants for interviews with …

Netizens discuss a case of ₹38,000 rent for unfurnished 1 BHK in Bengaluru, post goes viral on Reddit
4 months ago

Netizens discuss a case of ₹38,000 rent for unfurnished 1 BHK in Bengaluru, post goes viral on Reddit

Hindustan Times  

In another social media discussion on Bengaluru’s rental housing market, a Reddit post revealed that tenants in the city are paying up to ₹38,000 for an unfurnished 1 BHK unit. Netizens discuss a case of ₹ 38,000 rent for unfurnished 1 BHK in Bengaluru, post goes viral on Reddit The discussion started with a certain user asking how are folks …

Here are 5 things tenants in Bengaluru want from their landlords
4 months, 1 week ago

Here are 5 things tenants in Bengaluru want from their landlords

Hindustan Times  

Bengaluru's rental housing market is infamous for many reasons, ranging from high rents and sharp rental hikes to enormous security deposits, shortage of options and eccentric demands made by landlords. 5 things tenants in Bengaluru want from their landlords According to a report by property consultancy Anarock, Bengaluru recorded the highest rental yield amongst the top seven cities in India …

Bengaluru real estate: A 2BHK listed on X for a rent of ₹43,000 pm, ₹2.5 lakh security deposit taken up in 9 hours
4 months, 3 weeks ago

Bengaluru real estate: A 2BHK listed on X for a rent of ₹43,000 pm, ₹2.5 lakh security deposit taken up in 9 hours

Hindustan Times  

In yet another example of exorbitant security deposits charged for renting an apartment in Bengaluru, a fully furnished 2 BHK property in Koramangala was listed on X against a safety deposit amount of ₹2.5 lakh, never mind the additional cost of furniture. 2BHK put up for rent in Bengaluru at a monthly rent of ₹ 43,000 and ₹ 2.5 lakh …

Good news for tenants! Bengaluru’s rental housing market records 5-10% average price correction in April-June quarter
5 months ago

Good news for tenants! Bengaluru’s rental housing market records 5-10% average price correction in April-June quarter

Hindustan Times  

Bringing cheer to home tenants in Bengaluru, the city’s rental housing market saw an average price correction of 5-10% during the April-June quarter of the ongoing calendar year, local brokers told HT.com. Bengaluru’s rental housing market records 5-10% average price correction in April-June quarter of 2024, as per local brokers It should be noted that typically the second quarter of …

Top Indian Cities See 50% Drop In Rental Growth As Housing Supply Rises
6 months ago

Top Indian Cities See 50% Drop In Rental Growth As Housing Supply Rises

News 18  

With more supply hitting the top 7 cities’ markets, overheated housing rents are stabilising. Latest Anarock data shows that average residential rental prices across key markets in these cities saw a 2-4% quarterly rise in Q2 2024 to date over the preceding quarter. Sohna Road and Dwarka saw their respective quarterly rents increase by 3% and 2% in Q2 2024; …

Bengaluru Techie Rents A 3-BHK Flat For Rs 80,000. He Has Only 1 Regret
6 months, 1 week ago

Bengaluru Techie Rents A 3-BHK Flat For Rs 80,000. He Has Only 1 Regret

News 18  

The real estate costs in places like Bengaluru are as high as the skyscrapers in the city. Bangalore is beyond the techbro localities 🙂 — Ashish Jha 🏡 🇮🇳 June 7, 2024 An X user commented, “I would rather spend that 80K roaming the world every month than sitting in a cocoon of a house with that wonky view.” I …

Surviving Bengaluru: 5 things to know before renting an apartment in the garden city
9 months, 3 weeks ago

Surviving Bengaluru: 5 things to know before renting an apartment in the garden city

Hindustan Times  

Rents in Bengaluru have increased by more than 20% to 30% over the last few months after several companies decided to scrap work-from-home leading to the ‘floating’ employee population returning to their offices from their hometowns. 2 Rents surge along Metro corridors; Localities along the metro line witness 7-10% higher rental inflation With offices opening in Bengaluru, the demand for …

Bengaluru landlord hikes rent by ₹10k of his fancy home, rolls back later
1 year, 3 months ago

Bengaluru landlord hikes rent by ₹10k of his fancy home, rolls back later

Hindustan Times  

The demand for rental homes in Bengaluru is skyrocketing everyday as the city continues to be the top destination for many Multinational Companies, IT giants and even start-ups. Bengaluru landlord hikes rent by ₹ 10k of his fancy home, rolls back later. Bharat MG who claims to be a software engineer in Google posted an announcement saying that 2-bedroom flat …

Bengaluru landlord invests ₹8 lakh in tenant's start-up; Internet impressed
1 year, 6 months ago

Bengaluru landlord invests ₹8 lakh in tenant's start-up; Internet impressed

Hindustan Times  

In an age where landlords in Bengaluru are demanding LinkedIn profiles of potential tenants and rejecting them based on their score in 12th boards, this landlord has impressed the internet after investing ₹8 lakh in his tenant's start-up. READ | In Bengaluru, landlords call the shots as techies fight for flats Gupta praised the entrepreneurial spirit of Bengaluru residents and …

Bengaluru techie loses 1.6 lakh while searching for house on rent: Here is what happened
1 year, 7 months ago

Bengaluru techie loses 1.6 lakh while searching for house on rent: Here is what happened

India Today  

Finding a suitable house in Bengaluru can be a daunting task. One has to deal with sky-high rent, brokerage and even absurd eligibility criteria that include high education qualifications. In a recent case, a techie who was searching for a new one ended up losing around Rs 1.6 lakh to these cyber fraudsters. He reveals that he was duped into …

Bengaluru Rent Hikes By Landlords: Employees Struggling With 30% Higher Rates, 'Difficult To Find 2BHK'
1 year, 7 months ago

Bengaluru Rent Hikes By Landlords: Employees Struggling With 30% Higher Rates, 'Difficult To Find 2BHK'

News 18  

During an IPL match in Chinnaswamy Stadium in Bengaluru, an audience member was holding a banner ‘Looking For 2 BHK in Indiranagar’ which he uploaded on Twitter. The rent for a 2BHK house in Bengaluru now stands at Rs 40,000 per month and it rises to as high as Rs 60,000 per month depending upon the area and facilities in …

Why this Bengaluru techie shifted 5 homes in 6 years
2 years, 2 months ago

Why this Bengaluru techie shifted 5 homes in 6 years

Live Mint  

Neha Kumari, 29, recently rented a 3-BHK apartment in HSR-Layout locality in Bengaluru. I was lucky with this house because I had to deposit just five months’ rent," she said. Rent factors Bengaluru’s main suburbs include a mix of independent houses, bungalows and apartments in gated societies, while the localities on peripheries dominantly feature high-rise apartments. “Rent of apartments in …

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