Property Rates in India: In the last few years, not only have property prices risen in the metro cities of the country, but the rent of houses has also started skyrocketing. After the Corona epidemic, the rent has almost doubled in the top 8 metro cities of the country. The country’s IT city Bengaluru has also not been untouched by this. People working here have to pay a large part of their salary only in rent. Apart from this, before renting a flat, they also have to pay a large amount as a deposit. A post is becoming increasingly viral on social media regarding this deposit. When people came to know that the deposit of the flat is Rs 2.5 lakh, they said that to live here we will have to sell our body parts.
This flat is located in Koramangala area of Bangalore
This post has been written by Leesha Agarwal on the social media platform X. She is looking for a tenant for a flat. She wrote in the post that this flat located in Koramangala area of Bangalore is fully furnished. Its rent is 43 thousand rupees per month and the deposit is 2.5 lakh rupees. She wrote that we are vacating this flat. If anyone is interested, he can contact us directly. It is close to Wipro. It also has an open kitchen and a beautiful balcony. You can live comfortably in the good environment here. After this, the tweets on the post were quite funny.
6 months rent has to be paid as deposit
In this post, people’s attention went to the deposit the most. One user wrote that the house is good. But, the deposit of Rs 2.5 lakh is too much. For this I will have to sell my body parts in the black market. In response to this, Leesha Agarwal wrote that I know this is madness. But, this is the truth of Bangalore. I have been living here for 2 years and the deposits here have been skyrocketing like this. Another user wrote that there is nothing surprising in this. I too had given the same amount of deposit in Whitefield area. On this post, a user wrote that 6 months’ rent has to be given as deposit. I can stay comfortably in a luxury hotel instead.
After Noida, the highest fare hike was in Bengaluru
According to Anarock’s data, rent has increased more in Noida’s Sector 150 than in Bengaluru. While rent has increased by 8% in Bengaluru, it has increased by 4% in Chennai and 5% in Hyderabad. The demand for rental homes is increasing in all cities of the country. Due to this, the demand has started to arise as to how the conditions will improve for those coming from outside to these cities in search of work.
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