Why I agreed to pay Rs 15,000 extra rent in a year: Samsung techie in Bengaluru explains

After his landlord increased his rent by Rs 15,000 abruptly, a software developer in Bengaluru has shared why he chose to agree to the new arrangement while most prefer to look for alternative and more affordable housing options.

"Six months after we moved in, our landlord told us that he wants to increase the rent by Rs 15,000," 23-year-old Aman Sharma (name changed), a software developer with Samsung, told Moneycontrol. He shares a 3-BHK flat in a gated society in Doddanekundi, near Marathahalli, with two of his colleagues. Its current rent is Rs 57,000.

"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 because he already had tenants interested in paying the increased amount for the flat," Sharma said. The three of them, however, decided to stay because they wanted to avoid the hassle of finding another accommodation close to their workplace.

"We had no other option but to agree to the landlord as finding a new place again is a big big problem," Sharma tweeted.

Speaking to Moneycontrol, Sharma said that it had taken them a month to find this flat through a broker. "This was an unfurnished flat. We paid brokerage and furnished it. Also, it was difficult to find a place close to our office as we wanted to avoid traffic. We have invested a lot into this place and can't think of going through all the hassle again," he said.