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Old 8th November 2019, 22:10   #91
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Default Re: Moving to Bangalore

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Originally Posted by pandey.jai View Post
you did point on one subtle "cultural difference" later in your post
Ah, yes! Touche!

One point I could recollect that might be useful for folks renting in Bangalore -

Many landlords still insist on 10-month rent as security deposit. Guess the Karnataka rent control act (2001) stipulates this to be not more than 3-month rent equivalent.

Tenants may have to find ways to bring down the security deposit amount.
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Old 10th December 2019, 21:01   #92
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Default Re: Moving to Bangalore

Quote:
Originally Posted by Miyata View Post
Ah, yes! Touche!

One point I could recollect that might be useful for folks renting in Bangalore -

Many landlords still insist on 10-month rent as security deposit. Guess the Karnataka rent control act (2001) stipulates this to be not more than 3-month rent equivalent.

Tenants may have to find ways to bring down the security deposit amount.
Anyone worked around this? I see deposits from 1L to 1.5L irrespective of the rent amount.

Also if someone moves out within a 3-4 month period (worst case scenario), what's the general scene to be expected in bangalore?
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