India, Sept. 1 -- Netizens are comparing a Bengaluru flat listed at Rs.70,000 monthly rent with a Rs.5 lakh deposit to European standards, quipping that the owner seems to believe expensive furnishing justifies doubling the rent. Many argue that such steep rents make little financial sense compared to buying, though some unsuspecting tenants may still take it, potentially setting a new benchmark. Others feel that 'Bengaluru now feels no different from Mumbai.'

A Reddit post showcasing a 2BHK apartment in east Bengaluru's Panathur area, listed at Rs.70,000 per month with a Rs.5 lakh deposit, has sparked debate online. Users question who can afford such rents in the tech capital, which is already battling a housing affordability crisis.

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