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The Economic Times
The Economic Times
National
Trending Desk

Bengaluru founder says 'greed has no limit' as landlady demands 50% rent hike, then asks him to vacate

Bengaluru Housing Market

A Bengaluru-based entrepreneur has sparked an online debate after claiming that his landlady demanded a steep 50% increase in rent before asking him to vacate the property when he requested a formal rental agreement.

Vasant Marimuthu, founder and CEO of Teestra Lifestyle, shared his experience on X, alleging that the sudden rent hike and subsequent eviction reflected growing pressure on tenants in the city's competitive housing market.

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