Explorer

Bengaluru Man Calls Out ‘Biggest Scam’ In Rental Security Deposits; Here's What He Said

Mayya’s frustrations struck a chord with many, racking up 1.1 mn views as renters across India shared their own stories of similar experiences, pointing to a broader trend of unfair deposit retention

In a tweet that resonated with many, tech entrepreneur Varun Mayya highlighted a growing issue faced by renters in Bengaluru, sparking a wave of shared grievances. In his tweet on X (formerly Twitter), Mayya wrote, “The biggest scam in Bangalore is when you are leaving an apartment and the owner sends you a fraction of the security deposit claiming “damage” or something despite no evidence. I’ve lived in maybe 10 apartments and this illegal retention of deposit has happened every single time.” 

Mayya’s frustrations struck a chord with many, racking up 1.1 million views as renters across India shared their own stories of similar experiences, pointing to a broader trend of unfair deposit retention. 

In addition to this, security deposits in Bengaluru have soared, with many landlords now demanding 10-12 months' rent upfront. One commenter pointed out that this issue is not unique to Bengaluru but also spans other cities like Gurugram and Mumbai. 

One user wrote: “It's almost like a tradition there. Under the Karnataka Rent Control Act, landlords are supposed to give back the deposit within 30 days of you vacating the place...And if there's any deduction, they are legally required to provide itemised details of the damages or repairs.”

“A friend in Bombay faced this with her landlord and had to call the cops and then only they relented still cutting an amount. Cops were also bemused to their demands. But Bombay cops are better this way,” wrote another user.

In contrast, a user from Mizoram shared a refreshing alternative, highlighting the stark difference in rental culture in the northeastern state. "Nobody even knows what security deposits are over here. No rental agreements either, just trust," the user explained.

Another user shared his living experience in Delhi NCR and wrote, “I recently vacated an apartment in Electronic city. The geyser that the owner had installed (many years ago) had developed a minor leak in the tank. A technician I called had said it would cost 3k to repair but since it's old, it's better to replace. The great house owner during my exit argued that "he had given it in working condition and it's now faulty" and hence I should bear the cost. No use arguing with idiots. He held back 5k for it saying he's being fair. The lies they tell themselves.”

Also Read : India-China Bilateral Trade Contracts In October, As Slowdown Impact Exports

Top Headlines

US-Iran Talks Lift Market Sentiment, All Eyes On RBI MPC, Sensex Over 78,600, Nifty 400 Points Up
US-Iran Talks Lift Market Sentiment, All Eyes On RBI MPC, Sensex Over 78,600, Nifty 400 Points Up
IRCTC Beta Website Speeds Up Tatkal Bookings, More Tickets Now Booked Within 3 Minutes
Still Struggling To Book Tatkal Tickets? IRCTC Says Its New Website Is Faster
What Is Put Call Ratio? How Traders Use PCR To Read Market Sentiment
What Is Put Call Ratio (PCR)? Meaning, Formula And How To Interpret It
5 Mutual Fund Mistakes That Could Hurt Your Long-Term Wealth And How To Avoid Them
5 Mutual Fund Mistakes That Could Hurt Your Long-Term Wealth And How To Avoid Them

Videos

BIG COUNTING: Prashant Kishor Extends Lead in Bankipur Bypoll After Seventh Round
BIG ELECTION UPDATE: Prashant Kishor Supporters Celebrate as Bankipur Lead Crosses 5000 Votes
ELECTION UPDATE: Congress Leads Datia Bypoll, Prashant Kishor Extends Bankipur Advantage
COURT UPDATE: Brij Bhushan Sharan Singh Acquitted in Sexual Harassment Case by Delhi Court
Election Update: Congress Takes Lead in Datia, BJP Faces Setback in Bypoll Battle

Photo Gallery

25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Embed widget