Bengaluru’s rental deposits too high, says entrepreneur who compared HSR Layout with San Francisco’s Hayes Valley Hindustan Times
Indian-origin entrepreneur Hardeep Gambhir, who moved to Bengaluru following a seven-year stint in San Francisco, California, recently made headlines when he drew parallels between the two cities on X and complained about ‘ridiculous’ security deposits sought for rental accommodation in the IT capital. Even though Gambhir’s monthly expenditure has plummeted to $900 in Bengaluru, from $2,500 in San Francisco, the techie complained about enormous security deposits sought for rental accommodation in the garden city.