' rRs.r40,000 rent, rRs.r2.4 lakh deposit': Bengaluru flat hunt fuels debate on security deposits
India, June 18 -- A post about Bengaluru's rental market has caught the attention of social media users after a man shared the costs his friend was asked to pay while searching for a flat in the city. The post was shared on X by user Paritsh Sharrma, who described his friend's experience of house hunting after moving to Bengaluru.
Sharing the details, Sharrma wrote, "A friend moved to Bangalore and was looking for a flat. He found one for Rs.40,000 a month. The owner is asking for a six-month security deposit, which comes to Rs.2.4 lakh, plus Rs.40,000 in brokerage. Can someone explain the logic behind a six-month deposit? I haven't seen this as a normal practice in any other major city. And in many cases, landlords don't even return the...
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