Overview
- A Reddit thread titled “2L deposit for 20k rent?” gained hundreds of upvotes and replies within hours of posting.
- Bengaluru landlords routinely demand security deposits equal to ten months’ rent, an unwritten norm that tenants call exploitative.
- Renters report that the hefty deposits pose a major financial hurdle for freshers and low-income professionals.
- Landlords say large deposits are essential to cover unpaid rent, property damage, and abrupt tenant departures.
- Deposit rates in Bengaluru far exceed those in Pune and Hyderabad, highlighting the city’s widening housing affordability gap.