Latest news with #Thar
NDTV
7 hours ago
- Business
- NDTV
"Rs 19 Lakh Security Deposit": Canadian Man Stunned By Bengaluru's Rental Norms, Calls It "Bonkers"
Needless to say, housing in Bengaluru is extremely expensive, and finding a decent place to rent or buy can be a real challenge. Recently, a Canadian man living in India sparked a discussion online after expressing shock over the city's rental norms, particularly the requirement of high security deposits. Taking to X, Caleb Friesen shared a screenshot of a property listing for a 3BHK apartment in the city's upscale Diamond District in Domlur. The rent? Rs 1.75 lakh a month. But it was the security deposit, a staggering Rs 19.25 lakh, that left him baffled. "Rs 19 lakh for security deposit! absolutely bonkers what landlords are expecting these days, I could literally buy a new Mahindra Thar for less than this deposit. anyone know of a place in/around Indiranagar with 2-3 months deposit only? rent price range Rs. 80 to 1 lakh," he wrote while sharing the picture of the property listing. Take a look below: Rs. 19 lakh for security deposit! absolutely bonkers what landlords are expecting these days, I could literally buy a new Mahindra Thar for less than this deposit anyone know of a place in/around Indiranagar with 2-3 months deposit only? rent price range Rs. 80 to 1 lakh — Caleb (@caleb_friesen2) June 28, 2025 The post has gone viral on X, garnering more than 43,000 views. It has sparked a discussion about Bengaluru real estate and rental prices. "I'd say that you should be prepared to get your hopes quashed with your requirement. House renting is a mafia in this city," wrote one user. "This is why some finfluencers say that buying houses is a waste of money. According to them paying high amounts as interest free security deposit is better than paying EMIs!" commented another. "I was thinking about moving to Bangalore after I left Chennai. But, after 1st round of interview with that office in based in Bangalore I checked properties around. All of them have sequrity diposit more than my salary. So, dropped idea of moving to Bangalore," shared a third user. "So landlords are demanding a literal kidney's worth of money for deposit. What a joke!!" expressed another. "Actually he is being nice here. It's 10 times the rent in Bangalore. Which is 21 lacs. Crazy!" one user wrote. The post also prompted some hilarious responses. "Don't buy a Thar. That's for special folks only," quipped one user. "Negotiable rent and non-negotiable deposit!" Jokingly said another.
Economic Times
9 hours ago
- Business
- Economic Times
Rs 19 lakh to rent a flat? Canadian in Bengaluru shocked by deposit demand, says he'd rather buy Thar; Netizens react with jokes and advice
A Canadian man in India ignited a social media frenzy after sharing a Bengaluru flat listing with a staggering Rs 19.25 lakh security deposit. This exorbitant amount, exceeding the cost of a new car, sparked jokes, advice, and disbelief among X users. Many offered alternative locations and practical tips to navigate the city's challenging rental market. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads X users react: Jokes, advice, and real estate realities Practical suggestions pour in A Canadian citizen living in India has sparked a fun and furious online debate after posting about the sky-high rental deposit demanded for a flat in Bengaluru. Caleb Friesen took to social media platform X (formerly Twitter) to share a listing for a 3BHK flat in Diamond District, Domlur, and it's not the rent that stunned people, it was the Rs 19.25 lakh monthly rent was already a hefty Rs 1.75 lakh, but the security deposit left people gobsmacked. Caleb wrote:'Rs 19 lakh for security deposit! Absolutely bonkers what landlords are expecting these days. I could literally buy a new Mahindra Thar for less than this deposit. Anyone know of a place in/around Indiranagar with 2–3 months deposit only? Rent price range Rs 80,000 to 1 lakh.'The post went viral, quickly gaining over 18,000 views and opening the floodgates to all kinds of user joked, 'Don't buy a Thar. That's for special folks only,' while another wrote, 'Negotiable rent and non-negotiable deposit! Classic Bengaluru.'Some came forward with solutions too. A fellow resident offered, 'Looking for a flatmate in my 2BHK, no deposit needed, just feature our startup in your videos.'Another person made a serious point: 'You could buy a flat in Kolkata for that much!' To which Caleb replied, 'Lol, yeah same in Aizawl where I'm currently living. Crazy.'While some poked fun, others were more practical. One user advised Caleb to try Mahadevapura, a nearby area known for more reasonable rents. Another chimed in, 'Better to meet local brokers, online searches don't always show the real options.'A common theme was disbelief. 'Damn! That's too huge,' one user wrote, summing up the general mood.
Hindustan Times
11 hours ago
- Business
- Hindustan Times
Canadian man stunned by ₹19 lakh deposit demand for Bengaluru 3BHK: ‘Absolutely bonkers'
A Canadian national currently based in India has stirred a lively online discussion after highlighting the staggering security deposit required for a Bengaluru rental. Caleb Friesen took to social media platform X (formerly Twitter) to share a property listing for a 3BHK apartment in the city's upscale Diamond District in Domlur. The rent? A steep ₹ 1.75 lakh per month. But it was the security deposit— ₹ 19.25 lakh—that truly raised eyebrows. A Canadian's post on Bengaluru rent deposit of ₹ 19.25 lakh went viral.(Instagram/caleb_friesen) (Also read: Canadian man explains why he chose to move to Bengaluru: 'I wanted to become tougher') Friesen's post read: 'Rs. 19 lakh for security deposit! Absolutely bonkers what landlords are expecting these days. I could literally buy a new Mahindra Thar for less than this deposit. Anyone know of a place in/around Indiranagar with 2–3 months deposit only? Rent price range Rs. 80 to 1 lakh.' Check out the tweet here: The tweet has since gone viral, amassing nearly 18,000 views and prompting a wave of responses—ranging from helpful to hilarious. Online reactions: From satire to serious suggestions One user quipped, 'Don't buy a Thar. That's for special folks only,' while another joked about the pricing logic saying, 'Negotiable rent and non-negotiable deposit!' Offering a possible solution, someone commented, 'I'm looking for a flatmate at my 2BHK flat. You don't need to pay anything, only condition is you feature our side project we're building in your videos.' (Also read: 'This is the reality of Canada': Indian woman shares video of massive job fair queues for just 5 positions) Some pointed out the regional rental disparity. 'You can buy a brand new [apartment] for that much in Kolkata and other tier-2 cities,' a user wrote. To this, Friesen replied, 'Lol, yeah same in Aizawl where I'm currently living, crazy.' Others suggested a more practical approach. 'Come to Mahadevapura. Indiranagar is extremely costly,' one person noted. Another advised, 'Better to meet local brokers, they can actually help you directly. Searching online isn't always a good option for something like this.' Another summed up the collective shock with a simple: 'Damn! That's too huge.'
Hindustan Times
a day ago
- Hindustan Times
Ghaziabad: Gang of seven arrested for issuing fake insurance policies
The cybercrime unit of the Ghaziabad police on Friday arrested seven suspects who allegedly used data of insurance companies and issued fake insurance policies to customers in at least 10 states. The gang, during interrogation, revealed that they duped about 1500 customers and amassed about ₹ 4.5 crore during the past two years, said officials. Uttar Pradesh Police arrested the seven alledged fraudsters in Ghaziabad on Friday. (Sakib Ali/HT Photo) The officials said that the two prime suspects worked with a financial services company in Noida till 2021 and left their jobs thereafter. Before leaving, they copied and brought along data of customers from bigger insurance companies. 'The two prime suspects later decided to cheat people and roped in five other suspects. With the data available, they would call the customers in order to renew or issue fake policies and even offer them benefits. Overall, they told the interrogators that they cheated about 1500 people and gathered about ₹ 4.5 crore. They collected money in several accounts and would issue fake policies,' additional police commissioner (CP) Alok Priyadarshi. The police identified the two prime suspects as Aman Agarwal, 29, and Rahul Sharma, 23, both residents of Crossings Republik Township in Ghaziabad. Their five accomplices were identified as Rahul Yadav, 30, Aftab Alam, 25, Deepak Singh, 26, Garvit Tyagi, 24, and Jagjit Singh, 28. The officials said that all seven were arrested in Vijay Nagar. 'They purchased a Thar and XUV300 SUVs from the money they received and also rented two flats from where they operated. They also operated from their SUVs. So far, we have frozen about ₹ 47 lakh in their accounts, and more investigation is going on in the case,' said Addl. CP Priyadarshini. The officials said that the gang targeted residents of Delhi, UP, Bihar, Maharashtra, West Bengal, Rajasthan, and Gujarat. The police said that the suspects have nine cases reported against them to the National Cyber Crime Reporting Portal. The police said that apart from sections of 318 (cheating), 336 (forgery), and 319 (personation), the suspects are also subjected to legal action under section 111 (organized crime) of the Bharatiya Nyaya Sanhita (BNS).
Indian Express
a day ago
- Indian Express
Delhi: Man shoots at rickshaw driver for brushing against his car, arrested
A 46-year-old man was arrested on Friday for allegedly shooting at and injuring a man, who was riding a cycle rickshaw, for brushing against his car in North East Delhi. Police said the victim, Vinay (30), was riding his rickshaw early Monday when he brushed against a black Thar. The incident occurred while Vinay was taking a U-turn near Gagan Cinema in Nand Nagri. The Thar's driver, later identified as Sameer Sharma – a resident of Madhuban in Nirman Vihar – allegedly rolled down his window and shot at Vinay before fleeing. Vinay was rushed to the Guru Tegh Bahadur hospital for treatment. At the hospital, police were notified of the incident. A woman, who was Sameer Sharma's co-passenger at the time of the incident, was apprehended by the police for questioning. 'The weapon of offence, a pistol, and the black Thar car were seized. Further investigation to uncover the sequence of events and the motive behind the shooting is ongoing,' said DCP (North East) Ashish Mishra.
