A recent Reddit discussion has ignited a heated debate about Bengaluru’s soaring rental costs, after a post revealed that tenants are being charged up to ₹38,000 for an unfurnished 1 BHK unit. The conversation, which quickly went viral, has drawn attention to the high cost of living in one of India’s most prominent IT hubs.
The debate began when a Reddit user questioned how residents are managing to afford such steep rents for what is considered a basic, unfurnished flat. The user cited a specific case in CV Raman Nagar, an upscale area in East Bengaluru, where a tenant is reportedly paying ₹38,000 in monthly rent for an unfurnished 1 BHK unit. The Redditor prompted others to share how much they spend on rent relative to their salaries. In response, numerous participants highlighted that their rental expenses typically range between ₹20,000 and ₹30,000 per month for similar or slightly larger accommodations, such as a 1 BHK or a single room within a 2 BHK or 3 BHK flat. For many tech professionals and other city dwellers, these figures represent between 10% and 30% of their monthly income.
The discussion underscores a broader issue facing Bengaluru’s rental market, where high costs are becoming a significant burden for residents. The disparity between the ₹38,000 rent reported and the more typical range of ₹20,000 to ₹30,000 reflects the escalating pressure on tenants in the city. This online debate has brought to light the growing concerns about affordability in Bengaluru’s real estate sector. As the city continues to attract a high influx of professionals and residents, the rising rental prices highlight the need for a closer examination of housing policies and market regulations to address the affordability crisis and ensure sustainable living conditions for its inhabitants.
