Hindustan Times-Bengaluru’s rental housing market returns to normalcy pushing past full impact of pandemic, experts say
“My contract, signed last year, mentions a yearly rent escalation of 20%, however my landlady hasn’t brought it up yet,” said Anirban Choudhury, a resident of Kasturi Nagar in East Bengaluru.
In another example, an early career professional Akanksha Agarwal managed to successfully negotiate a monthly rent of ₹16,500 for a double-sharing single room accommodation in Indiranagar last month. Meanwhile her neighbour, who signed up for an identical arrangement in the same building last year, has been shelling out ₹18,000 in monthly rental fee.
