Bengaluru’s real estate rent hit the headlines on Monday after a social media post talking about security deposit worth Rs 23 lakh for a 4BHK apartment went viral! Social media went abuzz about the “increasing greed” of Bengaluru’s landlords.

The advertisement, shared widely online, is for a 4BHK fully furnished house spanning 4,500 sq ft, with a monthly rent of Rs 2.3 lakh. But the staggering deposit amount is grabbing eyeballs, which is about 10 times the rent per month!

The post reads, “Bengaluru landlords are the greediest in the world. Rs. 23 lakh security deposit (12 months rent) is OUTRAGEOUS. Meanwhile, deposits in other cities:

NYC? 1 month
Toronto? 1 month
Singapore? 1 month per year of lease
SF? 2 months’
Dubai? 5%-10% of annual rent
London? 5-6 weeks’.”

Bengaluru landlords are the greediest in the world

Rs. 23 lakh security deposit (12 months rent) is OUTRAGEOUS

meanwhile, deposits in other cities:

NYC? 1 month
Toronto? 1 month
Singapore? 1 month per year of lease
SF? 2 months’
Dubai? 5%-10% of annual rent
London? 5-6 weeks’ pic.twitter.com/WPkl5o40C9

— Caleb (@caleb_friesen2) July 21, 2025

Unreasonable rent and deposit amount not something new: Bengaluru IT Employee

While many were shocked by the number, some Bengaluru residents said 12-month deposits, though excessive, are not unheard of, especially for premium properties.

Reacting to the X post, Siddheshwar Chakravorty, an IT Employee who resides in Indira Nagar told The CSR Journal, “In Bengaluru, unreasonable rent and deposit amount is not something new for people coming from other states and cities. Also, it is difficult to get back the full deposit amount because they mostly deduct one month’s rent from the deposit money. This is not all, without broker it is hard to find rented apartment here, especially if you are unmarried. On top of this, there is water scarcity in many apartments (including luxurious societies).

Netizens react, seek stricter laws, govt intervention

Netizens expressed frustration reacting to the X post. “Very greedy and they will try their level best to cut everything from the deposit when you leave and return pennies,” wrote a user.

“One makes them greedier, if we simply go without negotiating to a sensible price point with them. I feel that’s what happened to most of these stubborn landlords, few people really paid for what they asked, & the market is now disturbed,” expressed another user.

“Yea they are greediest And be aware sometimes they will all even give your deposit back. I need to send legal notice to my previous landlord to get my money back,” vented another user.

Another user commented, “12 months is a little greedy, maybe. But mostly it is 5-6 months of rent. Low trust in society (unfortunately) and high cost of

housing (compared to other cities outside India) are the main reasons.”
“Why are price controls in some places but not others? The government is introducing them for movie tickets, a luxury. Why not add price controls for housing, a necessity?” another user asked.

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