2 hrs ago
Bengaluru 2BHK Rent, ₹4 Lakh Deposit Sparks Housing Debate
A person looking for a home in Bengaluru was asked to pay almost ₹70,000 every month for a two-bedroom apartment.
The landlord also wanted a large deposit of about ₹3–4 lakh.
The tenant thought the home was too small and not properly furnished for that price.
It did not have several basic items, such as a refrigerator and washing machine.
The tenant offered less money and a smaller deposit, but the landlord refused.
So the tenant decided not to rent the apartment.
Other people online said high prices continue because some renters agree to pay them.
Some others said tenants cannot negotiate because landlords often refuse lower offers.
The discussion was also compared with housing costs in France.
A Reddit user said a Bengaluru 2BHK near his office was offered for nearly ₹70,000 monthly, including maintenance.
The landlord reportedly sought a deposit of about ₹3–4 lakh and an annual rent increase of 7–8%.
The tenant said the supposedly fully furnished flat lacked a fridge, washing machine, dining table and a second-room bed.
The tenant offered ₹65,000 with a three-month deposit, but the offer was rejected and he declined the apartment.
Reddit users debated whether high rents reflect strong demand, weak negotiation, or landlords’ unwillingness to compromise.
- Who
- A Bengaluru tenant, the apartment’s landlord and Reddit users discussing rental prices.
- What
- A quoted rent of nearly ₹70,000 for a 2BHK, plus a ₹3–4 lakh deposit, triggered debate over value, negotiation and rising rents.
- Where
- Bengaluru, India; the apartment was within walking distance of the tenant’s office.
- When
- The timing is not specified; the discussion followed the tenant’s Reddit post.
- Why
- The tenant considered the rent excessive because the rooms were small and the flat lacked several basic furnishings; commenters also debated demand and negotiation practices.
Tenants Question Rental Value
Landlords and Market Demand Set Prices
Whether ₹70,000 was justified
Tenants Question Rental Value
The tenant argued that the flat’s small bedrooms and limited furnishings did not provide premium value for the quoted rent.
Landlords and Market Demand Set Prices
Other users argued that the price persists because someone is willing to pay it, especially in a high-demand market.
Negotiating rent
Tenants Question Rental Value
The tenant urged renters to compare properties, inspect rooms and furniture, question increases and negotiate rather than automatically accept quoted prices.
Landlords and Market Demand Set Prices
Some commenters said landlords often refuse to negotiate, leaving tenants with little choice but to pay the asking amount.
Who drives high rents
Tenants Question Rental Value
One commenter said people moving to Bengaluru for work may accept unusually high rents, while another compared the price unfavorably with an apartment in France.
Landlords and Market Demand Set Prices
The broader market view in the discussion was that landlords can maintain high prices when tenants continue accepting them.
Key facts
- Quoted monthly rent
- Nearly ₹70,000, including maintenance
- Requested deposit
- Around ₹3–4 lakh
- Tenant’s counteroffer
- ₹65,000 monthly with a three-month deposit
- Reported annual increase
- About 7–8%; the tenant said some landlords seek up to 10%
- Apartment type
- Two-bedroom apartment (2BHK)
- Missing furnishings
- No fridge, washing machine, dining table or bed in the second room
- Outcome
- The offer was rejected, and the tenant walked away
Quotes
A Reddit user discussing negotiations
A Reddit commenter arguing that landlords often reject tenant negotiations
“Although tenants want to negotiate, owners don't entertain any negotiation. So ultimately tenant is left with no option but to pay,”
livemint.com
“I walked away without regret.”
livemint.com
A Reddit user comparing Bengaluru and France
A Reddit commenter contrasting the Bengaluru rent with housing costs in France
“My apartment in France is cheaper than that and everyone earns more than 1.5lakh per month in France,”
livemint.com
Sources
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