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 claims she was asked to pay ₹ 5 lakh as security deposit in Bengaluru “5 lakh deposit for a flat with 40k rent. But the general consensus on social media was that ₹5 lakh as security deposit is high even by Bengaluru standards.

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History of this topic

Bengaluru real estate market: Areas where you can rent an apartment for less than ₹30,000 per month
2 weeks ago

Bengaluru real estate market: Areas where you can rent an apartment for less than ₹30,000 per month

Hindustan Times  

Bengaluru’s rentals may have hit the roof, but there are still a few areas in the city where one can find apartments for less than ₹30,000 a month. Outskirts of JP Nagar Local brokers say that several apartments, such as Phase 6 or Putennnahalli, are available for under ₹30,000 monthly on the outskirts of JP Nagar. While local brokers say …

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

'Biggest scam in Bengaluru': Man slams ‘illegal’ security deposit practices in city, X users relate from across India
1 month, 1 week ago

'Biggest scam in Bengaluru': Man slams ‘illegal’ security deposit practices in city, X users relate from across India

Hindustan Times  

A Bengaluru resident recently took to social media platform X to shed light on what he called the “biggest scam in Bengaluru” – landlords withholding a portion of the security deposit when tenants vacate apartments, often citing unsubstantiated damage claims. Representational Image “I’ve lived in maybe 10 apartments, and this illegal retention of deposit has happened every single time,” Varun …

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%. …

₹1.35 lakh rent, ₹4 lakh security for a Mumbai flat with washing machine above toilet
2 months, 4 weeks ago

₹1.35 lakh rent, ₹4 lakh security for a Mumbai flat with washing machine above toilet

Hindustan Times  

Mumbai, often called the "City of Dreams," is a place where millions flock with hopes of building a future. A 2BHK apartment in Mumbai is raising eyebrows for its unique design The rent crisis in Mumbai is driven by limited land for a large population. What made the whole thing even more hilarious was the expected rent for the apartment …

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 …

‘43,000 rent, 2.5 lakh deposit’: Woman seeks tenant for 2BHK in Bengaluru
4 months, 3 weeks ago

‘43,000 rent, 2.5 lakh deposit’: Woman seeks tenant for 2BHK in Bengaluru

Hindustan Times  

The demand for housing in Bengaluru, India's IT hub, has reached exorbitant levels. A woman shared the post seeking a tenant for her 2BHK and listed the rent as ₹43,000, with 2.5 lakh as a deposit. Take a look at the entire post here: Since being shared, the viral post has collected more than 1.4 lakh views, and the numbers …

Bengaluru woman's monthly Uber bill exceeds 16k, surpassing half of her home rent | SEE PIC
4 months, 4 weeks ago

Bengaluru woman's monthly Uber bill exceeds 16k, surpassing half of her home rent | SEE PIC

India TV News  

Bengaluru, frequently called India’s IT capital, is known for its unexpectedly high cost of living. One woman revealed in a social media post that her Uber expenses exceeded half her monthly rent. Even monthly EMIs would be far lesser.” Another user joked, “You deserve a loyalty card from Uber.” A third user commented, “As someone who pays 700 on one …

Good news for tenants! Bengaluru’s rental housing market records 5-10% average price correction in April-June quarter
5 months, 1 week 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 …

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 …

Bengaluru resident's post on finding wheelchair accessible housing goes viral
1 year, 2 months ago

Bengaluru resident's post on finding wheelchair accessible housing goes viral

Hindustan Times  

A Bengaluru resident's post on how difficult it is to find a flat for a wheelchair user is opening many eyes on the internet. READ | ‘Weird flex’: Bengaluru man's post on finding rental flat in one day prompts laughs “Being a wheelchair user, this meant I did not have to travel on the road to get to my office …

Will you pay ₹12,000 for this tiny flat in Bengaluru?
1 year, 2 months ago

Will you pay ₹12,000 for this tiny flat in Bengaluru?

Hindustan Times  

Bengaluru often makes headlines for its long traffic jams and exorbitant rental prices. WTF Bengaluru,” reads the title of the post shared on Reddit by a user ‘_saiya_’ on the platform’s ‘r/India’ community. ₹12,000 for this s**t, and there’ll be some d******k who’d actually pay.” The picture shared on Reddit shows the room available for rent in Bengaluru’s Mahadevapura 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 Flat Listed for Rs 25 Lakh Deposit is the 'Peak Moment' No One Asked For
1 year, 4 months ago

Bengaluru Flat Listed for Rs 25 Lakh Deposit is the 'Peak Moment' No One Asked For

News 18  

Bengaluru, often referred to as the IT capital of India, has earned a reputation for setting high standards in various aspects of life. A tweet that went viral recently showcased a jaw-dropping flat listing on an app that made Desis wonder if a ‘kidney donation’ could suffice the whopping amount to ‘rent’ the property. And if that wasn’t enough, what …

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%. …

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 …

Bengaluru sees highest appreciation in average housing prices for Jul - Sept
2 years, 2 months ago

Bengaluru sees highest appreciation in average housing prices for Jul - Sept

Hindustan Times  

Average housing price across eight cities rose 3-10 per cent year-on-year in July-September this year, while office rent grew up to 13 per cent on higher demand for properties, according to Knight Frank India. As per the data of primary housing market, the average price in Bengaluru rose 10 per cent to ₹5,428 per square feet in July-September quarter from …

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