1 hr ago

Bengaluru Resident Says Rents Outpace Salaries and Infrastructure

Bengaluru Resident Says Rents Outpace Salaries and Infrastructure
'Salary Stuck In 2006, Rent In 2046': Bengaluru Resident Highlights City's Growing Economic Disparity · NDTV

A person living in Bengaluru says the cost of renting a home has risen much faster than their pay.

They gave examples of high rents and large advance payments for older flats.

They also said some homes depend on water that comes at set times.

Other people online agreed that rent increases can be bigger than pay increases.

Some said better public transport could help people live farther away and reduce pressure on rents.

Others suggested people working in Bengaluru should be paid more to cover the extra costs.

Key facts

Rent cited
Rs 22,000–Rs 24,000 for a one-bedroom flat
Advance cited
Rs 1.5 lakh
Property described
A 15-plus-year-old, second-floor walk-up
Water supply
The property was described as relying on timed corporation water lines.
Areas mentioned
New Thippasandra and Indiranagar
Suggested pay adjustment
One commenter suggested negotiating 20% extra salary for working from Bengaluru.

Quotes

Bengaluru resident

The resident who posted about Bengaluru’s rising rents and salary pressures.

“If public transport was good, people would spread out, and rent would average out. Also, a lot of money goes in transportation here.”
NDTV
“Meanwhile, independent house owners are holding a calculator and demanding rents that are living 20 years straight into the future.”
NDTV

Sources

Related news