Bengaluru founder says landlady hiked rent by 50%, then asked him to vacate: 'Greed has no limit'
India, Aug. 3 -- A Bengaluru-based actor and entrepreneur has called out his landlady for an exorbitant 50% rent hike and his subsequent eviction from the property. Vasant Marimuthu, founder and CEO of Teestra Lifestyle, took to the social media platform X to complain about the unjustified increase in his rent and his landlady's "greed".
Marimuthu claimed that his landlady had been hiking the rent every year beyond the usual 5 to 10%. This year, however, she increased the rent by an exorbitant 50%.
When the Bengaluru-based founder requested a formal rent agreement, the landlady used the pretext of her sister needing the property to evict him. Marimuthu claimed that the landlady gave him only a months' time to vacate the house where he h...
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