Bengaluru’s rents have gone too far. It’s time to cap them
The post Bengaluru’s rents have gone too far. It’s time to cap them appeared first on The Ken .
Rents in Bengaluru have skyrocketed, leaving many tenants struggling to find affordable housing. Ekata Singh, a 30-year-old founder of Plasho, a startup specializing in identity verification, recently faced this reality when she tried to move from a 3-bedroom house in BTM Layout, where she was paying Rs 16,000 per month, to a 2-bedroom apartment in Koramangala. She was looking for a suitable property with basic amenities for Rs 50,000 per month, but brokers consistently insisted on a minimum budget of Rs 80,000.
A survey conducted among hundreds of tenants and landlords in Bengaluru reveals that a significant majority of tenants, most of whom are strongly opposed, want a cap on how much rent can increase each year. Interestingly, a similar proportion of landlords also support the idea of setting a limit on rent hikes.
This sentiment is not unique to Bengaluru alone. Cities across the globe, from New York to Edinburgh, have implemented measures to regulate rental increases. According to a real-estate consultancy, Anarock, Bengaluru and Hyderabad experienced the most substantial rental yield growth among major Indian cities between 2019 and Q2 2026, with Bengaluru's yield remaining the highest in the country at 4.6%. This figure is further inflated by the fact that home prices in Bengaluru have nearly doubled over the past six years.
Written by urgent.news from The Ken's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.
