The tenant said that he eventually offered ₹65,000 with a three-month deposit, but the offer was rejected.Bengaluru’s rental market has once again sparked a discussion online after a tenant claimed that a landlord demanded a deposit of around ₹3-4 lakh for a 2BHK apartment with a monthly rent of nearly ₹70,000. In a Reddit post titled “Bangalore’s rental market is getting ridiculous”, the tenant shared his experience of flat hunting in the city, saying that he “walked out genuinely frustrated.
The tenant said that he found a 2BHK apartment in a location within walking distance of his office and was willing to pay a premium. “The flat had a nice decorated living room and balconies with good views,” he wrote.
However, he said that two bedrooms were too small to comfortably accommodate a queen-size bed and a work desk. The apartment was also advertised as “fully furnished”, but according to the user, it had only one bed, two sofas and a very small television. “No fridge. No washing machine. No dining table. No bed in the second room. I’ve seen better-furnished PGs,” he wrote.
The tenant shared that the landlord was asking for roughly ₹70,000 a month, including maintenance, while the deposit was around ₹3-4 lakh. He also claimed that the owner wanted an annual rent increase of around 7-8%, saying other landlords ask for 10%.“At this point, where do people think money is coming from? If I’m paying ₹70k for a 2BHK, I don’t expect a palace. But I expect premium value— big rooms, proper furnishing, great facilities,” the user wrote.In the post, the Redditor said that the experience made them think about how much money tenants are prepared to spend on rent.