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Bengaluru’s rental deposits too high, says entrepreneur who compared HSR Layout with San Francisco’s Hayes Valley Hindustan Times

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.

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