Rent in Bengaluru seems to be touching new heights every month, and the latest incident has once again left citizens stunned. A Bengaluru resident expressed shock online after he found a 3BHK flat listed for an unbelievable ₹1 lakh per month in Cooke Town, one of the city’s premium localities.
What Happened?
Sahil Khan, a resident of Koramangala, took to social media to share his frustration. He came across a 3BHK home priced at ₹1 lakh rent and couldn’t hold back his reaction.
He posted that landlords are quoting extremely high rates, making it nearly impossible for the middle class to manage rent in popular neighborhoods.
Rising Rent Becoming a Major Problem
The situation is not new, but citizens say it is getting worse. Over the last few years, Bengaluru has become one of India’s costliest cities to rent a home, especially in areas like Indiranagar, HSR Layout, Koramangala, Whitefield, and Cooke Town.
Many residents feel that the rent is no longer in sync with the facilities provided. Basic issues like water supply, maintenance, and parking still exist, but the prices continue to rise.
Online Reactions: People Share Their Stories
Sahil’s post opened the floodgates, with many users sharing their own shocking experiences.
One user said that they recently visited houses in the same area and found the condition “insane” with landlords quoting unjustified prices.
Another user suggested nearby areas like Marappa Garden and SK Garden, where similar-sized houses are available at less than half the price.
A third user mentioned that rent in HSR Layout has also become extremely high, with some landlords asking for ₹80,000 even for independent buildings that do not have reliable water supply.
Why Are Rents Increasing So Fast?
Experts say there are a few reasons behind this sudden rise:
- Huge demand for rental homes due to IT employees returning to offices
- Limited supply of good apartments in prime areas
- Owners increasing rent every year to match market trends
- High property taxes and maintenance costs
Many people are now being forced to shift to outskirts or smaller apartments to manage expenses.
Is Buying a House Better?
Some online users commented that high rents are a “push to buy your own home.” But residents say buying a house in Bengaluru is also extremely costly.
Sahil himself replied that he calculated the cost of buying, and it was also “ridiculous” considering loan interest, down payment, and property prices.
Buying may not be a practical option for everyone, especially young working professionals.
Conclusion
The rising rental prices in Bengaluru are becoming a serious concern for residents. From Cooke Town to HSR, landlords are quoting extremely high rates that are beyond normal budgets. While the city continues to grow as India’s tech hub, citizens feel that affordable living is becoming nearly impossible.
Unless rental regulation or more housing options are introduced, the situation may continue to worsen.
FAQs
What was the rent amount that shocked the Bengaluru resident?
He found a 3BHK flat listed for ₹1 lakh per month in Cooke Town.
Why are rents so high in Bengaluru?
Due to high demand, limited supply, and increasing property-related costs, landlords are raising rent amounts each year.
Which Bengaluru areas have seen sharp rent increases?
Indiranagar, HSR Layout, Koramangala, Whitefield, and Cooke Town are among the highest.
Is buying a house cheaper than renting?
Not necessarily. Property prices in Bengaluru are extremely high, making buying difficult for young professionals.
Are there affordable alternatives nearby?
Some users suggested areas like Marappa Garden and SK Garden, which offer lower rents compared to Cooke Town.