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Viral Bengaluru Ad Demands ₹23 Lakh Security Deposit for 4BHK

A year-long deposit requirement highlights Bengaluru’s unchecked landlord practices, prompting scrutiny over rental regulations.

In Bengaluru, a ₹23 lakh deposit for a 4BHK in Bennigana Halli sparked outrage, highlighting the city's steep and often excessive rental deposit demands. (Representational Photo)
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Overview

  • A post on X by user ‘caleb_friesen2’ showed a fully furnished 4BHK home spanning 4,500 sq ft with ₹2.3 lakh monthly rent and a ₹23 lakh security deposit.
  • The ₹23 lakh deposit equals 12 months’ rent, far exceeding Bengaluru’s typical five to six months’ norm and global averages of one to two months.
  • Online users condemned the demand as “OUTRAGEOUS,” branding the city’s landlords the “greediest in the world” and warning that unregulated terms distort tenant bargaining power.
  • Analysts and residents blame a low-trust rental culture and weak tenant protections for enabling arbitrary deposit demands and deductions.
  • Times Now was unable to verify the authenticity of the viral listing, leaving its genuineness and prevalence in question.