1 hr ago

Bengaluru Resident Criticizes High Rents and Housing Costs

Bengaluru Resident Criticizes High Rents and Housing Costs
₹22,000 ₹24,000 rent, ₹1.5 lakh deposit for old 1BHK, Bengaluru resident calls out rising housing costs · businesstoday.in

A Bengaluru resident posted online about the cost of renting a small apartment.

They said an old one-bedroom home costs ₹22,000 to ₹24,000 per month, with a ₹1.5 lakh deposit.

They felt the rent was high compared with the salaries people receive.

They also said the building relies on timed municipal water supply.

Other people online shared complaints about how rentals are described and maintained.

Some called for checks on rents.

One commenter suggested asking for more pay when a job requires living in Bengaluru.

Another reminded workers that jobs can end, so high rent or loan payments can be risky.

Key facts

Rent cited
₹22,000–₹24,000 for a 1BHK
Security deposit cited
₹1.5 lakh
Apartment age
More than 15 years old
Building details
Second floor of a walk-up building
Water supply concern
Dependence on timed municipal water supply
Pay suggestion from a commenter
Request 20% extra salary for working from Bengaluru, or consider working from a tier-two city

Quotes

Bengaluru resident (Reddit user)

The resident whose post criticized Bengaluru housing costs.

“This is exactly why people negotiating with bangalore companies need to explicitly state that working from bangalore will need another 20% salary extra. Else, that you will work from tier 2 cities. Large firms have started doing this and give this as an option to people who ask. I personally know that firms have setup offices in places like Nagpur, Bhubhaneshwar, Coimbatore, etc EXACTLY for this reason”
businesstoday.in
“We recently audited our monthly expenses and realized a hilarious structural glitch: The privates sector pays us a salary that seems beautifully preserved from 20 years ago. It’s a wonderful, nostalgic throwback to the days of early IT hubs. Meanwhile, independent house owners are holding a calculator and demanding rents that are living 20 years straight into the future”
businesstoday.in

Sources

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