India, June 8 -- A Bengaluru-based entrepreneur has described his flat hunting nightmare in India's IT capital, claiming that he had to pay Rs.5 lakh as security deposit after jumping through several hoops to find an apartment he liked. Raj Vikramaditya, founder and CEO of takeUforward, elaborated on the challenges of looking for a flat to rent in an X post shared yesterday.

In his post, Raj Vikramaditya described his search for a 2BHK apartment in Bengaluru as a "nightmare", citing high rents, steep security deposits, broker-related issues and discrimination against bachelors.

Raj said he was looking for a 2BHK apartment in a gated community for security reasons and wanted a location close to HSR Layout that would help him avoid major ...