Bengaluru Tenants Embrace Property Investment to Escape Landlord Exploitation

In Bengaluru, India’s tech capital, tenants are increasingly turning to property investment as a shield against exploitative landlord practices, driven by soaring rental costs and unfair deposit deductions. The city's rental market, fueled by a constant influx of professionals and limited housing supply, has seen rents spike by 20-30% annually in prime areas like Koramangala and Whitefield, with security deposits often equating to 6-10 months’ rent, sometimes exceeding ₹3 lakh.

Moving out is where things get messy. Landlords often keep big chunks of deposits, blaming “wear and tear” or slapping tenants with huge bills for things like repainting. One renter shared how they only got 40% of their ₹1.5 lakh deposit back because the landlord claimed damages without proof. Others have had to shell out big bucks—like over ₹1 lakh—to fix issues like leaks that landlords ignored. "I’m done with landlords ignoring repairs or vanishing when deposits are due,” one frustrated renter vented online.

• Bengaluru tenants buy homes to avoid high rents and unfair deposit deductions by landlords
• Soaring rents, shady landlords push Bengaluru renters toward owning property for stability
• Bengaluru renters flee landlord hassles, choosing homeownership for long-term freedom

Sick of the stress, lots of renters, especially techies and young professionals, are buying homes to take charge of their lives. Owning means no more landlord battles, and it’s a smart move since 1BHK apartments in hot areas can earn over 5% in rent if they decide to lease them out.

Some companies, like NoBroker, are trying to help with zero-deposit rentals, where you pay a one-time fee instead of a huge deposit. About 35% of renters like the idea, but landlords aren’t fully on board yet, worried about how it’ll work, so it’s not super common.

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Bengaluru’s property market is buzzing, with new homes popping up in areas like North and East Bengaluru. But buying isn’t cheap—fancy apartments can cost ₹3-4 crore ($360,000-$480,000), and with job worries, not everyone’s ready to jump in. Still, for many renters, owning a home feels like the only way to ditch the chaos of renting in Bengaluru’s wild market.