Bengaluru's rental market is currently a hot topic, with a recent incident sparking widespread debate about the affordability of housing in the city. A tech professional's post on X (formerly Twitter) expressing disbelief over a Rs 70,000 rent for a semi-furnished 2BHK apartment in Kadubeesanahalli, a major IT hub in East Bengaluru, has gone viral, triggering a wave of reactions and shared experiences from residents.
The online furor highlights a growing concern over the spiraling rental costs in Bengaluru, often dubbed India's "Silicon Valley". Many residents are echoing similar struggles to find affordable housing, leading to comparisons with Mumbai, another Indian city known for its high cost of living. The specific apartment that ignited the debate was described as "premium living" with high-end furnishings, but many online users questioned whether the amenities justified the hefty price tag. Some argue that for the same monthly expense, one could easily service a home loan, making renting seem less financially sound.
Adding fuel to the fire, a similar incident from September 2025 resurfaced, involving a Reddit post that showcased a 2BHK apartment in Panathur, East Bengaluru, listed at Rs 70,000 per month with a staggering deposit of Rs 5 lakh. This listing drew comparisons to European housing costs, with some users quipping that apartments in Europe are cheaper than in Bengaluru. Critics also pointed out the absurdity of such high rents in a locality known for traffic congestion.
The debate underscores the challenges faced by many, especially young professionals, who are flocking to Bengaluru for job opportunities. While some believe that high rents are the "new normal" for the city, others express concerns about the long-term sustainability and affordability of living in the tech hub. The situation has prompted discussions about potential solutions, including increased housing supply, rent control measures, or a shift in housing preferences.
As Bengaluru continues to grow as a global technology and innovation hub, addressing the issue of affordable housing will be crucial to ensuring the city remains accessible and attractive to talent from across the country and the world. The online conversations serve as a reminder of the need for a balanced approach that considers the needs of both landlords and tenants in a rapidly evolving urban landscape.
