As Bengaluru's real estate market continues to soar, tenants in the city are facing a growing issue known as the 'unspoken scam'—landlords deducting significant portions of security deposits citing minor damages and wear and tear.
Real EstateSecurity DepositsTenant RightsBengaluruWear And TearReal EstateApr 18, 2025
The 'unspoken scam' refers to the practice of landlords deducting large amounts from tenants' security deposits by citing minor damages and wear and tear, often without justifiable evidence.
Landlords often cite reasons such as stains, scratches, and general wear and tear to justify deductions from security deposits.
According to a survey by the Bengaluru Tenants Association, over 60% of tenants have reported facing similar problems with security deposit deductions.
The BMC is planning to introduce stricter regulations, including mandatory inspections by neutral third parties and a cap on the amount that can be deducted as wear and tear.
Tenants are advised to document the condition of their rental properties thoroughly before moving in and out, using photographs, videos, and detailed checklists as evidence.
Puravankara Limited acquires 7.26-acre land parcel in Hebbagodi, Bengaluru, to develop high-end luxury project with potential GDV of over Rs 900 crore.
The Economic Offences Wing of Cyberabad has arrested a real estate agent for allegedly duping a client out of Rs 1.45 crore. The investigation is being led by J Venkateswarlu.
Rishabh Family Trust, managed by Rajivnayan Bajaj, has recently purchased a prestigious 1.15-acre property in Pune's upscale Koregaon Park for Rs 72 crore. This strategic move underscores the trust's commitment to diversifying its investment portfolio in
The Supreme Court of India has overturned a ruling by the Bombay High Court in a Real Estate Regulatory Authority (RERA) case, citing premature and unwarranted comments on the merits of the case. This decision has significant implications for real estate
The National Real Estate Development Council (Naredco) AP president Gadde Chakradhar expresses strong support for the Andhra Pradesh government's recent urban development and revenue reforms, highlighting their positive impact on the real estate sector.
Casagrand, a prominent real estate developer, has launched a new residential project called Casagrand Celest in Sulur, Coimbatore. The project offers 233 affordable 2 and 3 BHK apartments ranging from Rs 54 lakh to Rs 64 lakh.