A Bengaluru-based technology professional has sparked a fresh debate on the city’s housing affordability crisis after describing his search for a rental apartment as a “nightmare”.
In a social media post, the former employee of leading technology companies shared his experience of looking for a two-bedroom apartment in a gated community near HSR Layout, citing security, amenities and connectivity as key requirements.
Rising rents shock tenants
According to the professional, rents for 2BHK apartments in gated communities ranged between ₹60,000 and ₹90,000 per month, even for buildings that were more than ten years old.
He also pointed to hefty security deposits, often ranging from five to ten months’ rent, adding to the financial burden faced by prospective tenants. The techie further claimed that several landlords were reluctant to rent properties to bachelors, despite demanding substantial deposits and monthly rents.
The experience, he said, highlighted the growing challenges faced by professionals attempting to secure accommodation in some of Bengaluru’s most sought-after neighbourhoods.
Concerns over brokerage practices
The professional also criticised brokerage practices, alleging that many brokers charged a full month’s rent as commission while providing limited assistance during property visits.
After weeks of searching, he reportedly finalised an apartment with a monthly rent of nearly ₹80,000 and a security deposit equivalent to around five months’ rent.
Reflecting on the experience, he questioned how young professionals, recent graduates and newcomers to the city could afford such significant upfront housing costs.
Debate on Bengaluru’s housing market
The post resonated with many social media users, several of whom shared similar experiences with rising rents and large deposits. Others suggested exploring standalone apartment buildings, where rental rates and deposit requirements are often comparatively lower.
The discussion has once again drawn attention to Bengaluru’s rapidly evolving housing market, where strong demand from professionals and migrants continues to push rental prices higher across several residential areas.