Bengaluru’s rental deposits typically range from 6 to 10 months’ rent in stark contrast to Mumbai, where deposits generally hover around 3 to 6 months’ rent, and Delhi where it is 1 or 2 months.
'The rental agreement was for 11 months but the landlord was being very pushy. He told us to either pay the new rent or move out.'
A man looking for an apartment to rent in Bengaluru had his application rejected because he did not score 90 percent in 12th grade.
'If I had to bet on house prices going down vs rent going up to reach equilibrium, my bet is still on the former,' Zerodha co-founder Nikhil Kamath said.
One landlord recently shared a Reddit post showing the sorry state in which his tenant left his Bengaluru apartment.
'This was after we renewed our agreement for the year and began to pay 5 percent extra rent,' 36-year-old Anwesa Chakraborty said.