Bengaluru landlord suffers loss of Rs 5 lakh for charging Rs 75K for 3BHK. Netizens react: ‘This is peak level greedy…

Rental rates across Bengaluru have been climbing steadily for several years, yet certain neighbourhoods are now beginning to reflect a noticeable cooling in demand. One such example has emerged from Whitefield, where a property owner is reportedly facing significant financial setbacks after failing to secure occupants for portions of his apartment.

The owner of a three-bedroom flat in Whitefield is said to have incurred losses exceeding ₹5 lakh because two bedrooms have remained vacant for nearly twelve months. The situation came to light after a resident described the arrangement on Reddit, explaining that he currently occupies the entire apartment by himself.

The tenant revealed that the landlord had initially fixed the monthly charge at ₹25,000 per bedroom. This figure was considerably higher than the prevailing local average of around ₹20,000 per room, making it challenging to attract interested renters. Due to the steep pricing and limited takers, only one occupant ended up staying in the property. As a result, he has been using the full three-bedroom flat while paying just ₹25,000 per month in total, rather than per room.


Although the apartment is situated in a well-maintained residential complex and offers generous space, the elevated rent appears to have discouraged potential sharers. Realising the prolonged vacancies, the owner later revised the asking rate to ₹18,000 per bedroom. Despite this reduction, inquiries have not translated into confirmed agreements, and the unused rooms continue to remain unoccupied.

According to the tenant’s account, each vacant room represents a missed earning potential of roughly ₹20,000 monthly. Even a single month without occupants significantly affects annual returns, and an extended vacancy drastically reduces overall rental income. The episode highlights how overestimating market strength can backfire when supply increases and tenant preferences shift.

Online reactions were divided. Several users argued that renters now hold greater negotiating power, especially in areas witnessing a surge in available housing. One commenter observed that a standalone two-bedroom apartment can be rented for ₹20,000, questioning why anyone would spend ₹18,000 for merely one shared room. Another criticised the initial ₹75,000 expectation for the entire flat as excessive and suggested that inflated demands ultimately led to the owner’s losses.