Bengaluru tenants have ₹31,628 crore locked in security deposits; only 35% get full refund without disputes: Report

If rent is the monthly squeeze, the security deposit is often the biggest financial hurdle tenants face, even before moving in. Bengaluru’s rental market has become almost synonymous with disputes over delayed or withheld security deposit refunds, with social media platforms such as Reddit, X and LinkedIn filled with renters recounting similar experiences. Bengaluru real…

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Puravankara acquires 9.73-acre land parcel in North Bengaluru with a revenue potential of ₹800 crore

Bengaluru-based Puravankara Limited has acquired a 9.73-acre land parcel at Sanna Ammanikere in North Bengaluru’s airport corridor to develop a housing project with an estimated revenue potential of ₹800 crore. In a regulatory filing dated June 17, the company said it had completed the acquisition of the land parcel. However, Puravankara did not disclose the…

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‘My son is returning; we need the house back’: The excuses Bengaluru tenants say landlords use to push them out

From ‘my son is returning and needs the house’ to plans to sell the property, steep rent hikes, and demands for higher security deposits, Bengaluru tenants say landlords employ a variety of reasons to push out existing occupants. Some claims border on the bizarre, with one tenant alleging they were asked to vacate after the…

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