Russia joined other UN Security Council members on Tuesday (May 19, 2026) to condemn the drone strike on the UAE’s Barakah nuclear power plant, which Abu Dhabi said originated from Iraq where pro-Iranian proxies are active. The unclaimed drone struck an electrical generator on Sunday (May 17
Vice President J.D. Vance reassured Americans on Tuesday (May 19, 2026) that President Donald Trump's war with Iran will not become a "forever war," using a White House briefing to defend his boss's policies as speculation about his potential successor builds.Vice President J.D
Rohtak-born Tushar is UK’s youngest Indian-origin mayorTushar Kumar, a 23-yr-old Labour Party member took charge as mayor of Elstree and Borehamwood town in eastern UK. Updated on: May 20, 2026 2:39 PM IST By Neeraj Mohan Share via Copy link Rohtak-born Tushar Kumar has become the youngest-ever
Frequent burning sensation after meals? Harvard gastroenterologist shares foods to avoid and eat for heartburn reliefHeartburn after coffee, spicy food or late-night snacks? Dr Saurabh Sethi shares foods that may worsen acid reflux and what may help soothe it. Published on: May 20
Matchmaker shares the one male insecurity that can outweigh even an IIM degree in biodata: 'If a boy doesn't have…'Hair over Harvard? Matchmaker shares real story of a common male insecurity in arranged marriage market that leads to biodata rejection. Updated on: May 20
Assam govt aims 20% cut in fuel cost, 10% down in revenue expense as part of austerity measuresAssam govt aims 20% cut in fuel cost, 10% down in revenue expense as part of austerity measures Published on: May 20, 2026 2:38 PM IST PTI Share via Copy link Guwahati
Indian man in Europe says people value life after 5 pm over promotions: ‘Nobody glorifies working late’An Indian man said Europe’s biggest work culture shock was seeing people value life after work more than staying busy. Published on: May 20
stuck to their holdings in companies with strong fundamentals in April, particularly technology and , according to a report on Wednesday from data platform Hazeltree, in a month when the S&P 500 jumped over 10%.Here are the details about hedge fund positioning in April:Among mega-cap
Eke Out 10 Months’ Rent Upfront If You Want To Set Up Office In Bengaluru
Eke Out 10 Months’ Rent Upfront If You Want To Set Up Office In Bengaluru, Says Fintech Startup Founder
Fintech startup founder took to LinkedIn to share her property-buying experience in Bengaluru. She said that she recently started looking for an office space for her team at Dime.
Chandralekha MR, founder of fintech startup Dime, was shocked when a landlord demanded 10 months' rent upfront as a deposit. For a Rs 50K rent per month space, she was asked to pay Rs 5 lakh in advance, which would make her total cash flow in a year Rs 11 lakhs.
Chandralekha took to LinkedIn to share her property-buying experience in Bengaluru. She said that she recently started looking for an office space for her team at Dime. During the office space search, she said she "was shocked when a landlord asked for 10 months' rent upfront as a deposit."
Despite being born and brought up in Bengaluru, Chandralekha found the amount shocking. "For a Rs 50K rent per month space, that's 5 lakh just to get the keys. So, my total cash flow in a year? That's 11 lakhs!! I'm born and raised here, but this number still felt unreal," she said.
Add Zee News as a Preferred Source
She says that she is not the only person experiencing this situation in Bengaluru. She claimed that a Canadian professional was asked for Rs 23 lakh deposit for Rs 2.3 lakh monthly rent. Another founder faced Rs 5 lakh deposit for Rs 40K rent, she said.
According to Chandralekha, the deposit amount is just half the issue. She wrote, "Many landlords don't even refund the full amount when you move out. Reddit is filled with people sharing how landlords deduct deposits for “painting”, “wall stains” or “light scratches”.
According to Chandralekha, "landlords say that these are “standard rates” and get away with it."
She says that it makes sense that landlords would require security given concerns and risks like property damage, upkeep expenses and erratic tenants. But says, "even with those concerns, does it make sense to demand 10 months' rent upfront?"
Chandralekha says that the payment is too high to pay before starting work. "If someone has to pay that much before even starting work, then it is as good as paying for the down payment amount to own a property," she said.
Netizens' Reaction
LinkedIn users had mixed reactions to the post with some saying Bengaluru has turned into a haven for daylight robbery, while others said that 10 months advance has been the norm in Bangalore for more than 20 years.
One user commented, "Here's the catch: Karnataka hasn't implemented the Model Tenancy Act, and the Karnataka Rent Act protects only rents up to Rs 3,500. Bengaluru has become a playground for daylight loot, with landlords and middlemen thriving unchecked."
Another user commented, "10 months advance is the norm in Bangalore for more than 20 years.
No Surprise."
"Why everyone is running after these big cities.. go and look for spaces at small cities that will save a lot of cost and if the infra cost is low you can pay high salaries to resources and you can also provide low cost to your clients. Another benrfit is you will get resources at low cost as the living cost in those small cities will be less...," commented one user.
One user commented, "There are always 2 sides of the coin. Ask the land owners they will have grievances horror stories that will rival the pay you deposited.."
Source: ZeeNews
Related Posts: Fintech startup Fi pivots to focus on B2B tech services Bengaluru fintech co-founder reveals raw truth behind why he started his company Americans Are Now Buying Homes Using AI — Can You Purchase Property In India Without Agents Indians buying property in Dubai — But most don't know this rule Remarks on deeptech startup at Startup Mahakumbh last year ‘not necessarily accurate’ Founder calls out ex-employee who quit his startup after 100% salary hike offer Indian founder on leaving job to build startup Startup founder cuts Delhi trip short due to toxic air IITian founder's startup Giga hit by allegations of overwork and toxic culture Startup founder claims his company lost Rs 2L after hiring candidate who
Kerala Chief Minister V D Satheesan has defended using his caste surname Menon during his swearing-in. He stated he was only mentioning his father's name. This move sparked debate on social media and among Congress leaders. Some see it as a political message to the Hindu community
1 days ago
Madison Square Garden may have been left as scorched earth by the end of the night. But honestly? New York Knicks fans could not have been happier. Because the ‘Brunson Burner’ was turned all the way up. NEW YORK WENT ON A 44-11 RUN TO COMPLETE A 22-POINT COMEBACK WIN IN GAME 1 💨DOWN 22 WITH
1 days ago
Rahul Gandhi asserts the Constitution faces an attack. He emphasizes its importance as a reflection of Ambedkar and Gandhi's ideals. Gandhi warns of rising inflation and criticizes the Prime Minister's actions. He calls for collective defense of equality and justice
1 days ago
Pune techie says manager ‘fought’ to protect him from extra work during notice period: ‘God I am lucky’A Pune man praised his manager for protecting him from extra work during his notice period. Published on: May 20, 2026 2:28 PM IST By Mahipal Singh Chouhan Share via Copy link A Pune
1 days ago
Israeli air strikes have killed at least 19 people in southern Lebanon, the country's health ministry has said. Ten of them, including three children and three women, were killed in a single attack that hit a house in the town of Deir Qanoun, the ministry said
1 days ago
The AI ecosystem is entering a new phase where specialised utility is becoming as important as scale. Emerging platforms like Claude, Perplexity, Grok, and Copilot are driving this shift by delivering workflow-specific intelligence for businesses, researchers, and everyday users
1 days ago
Rhea Chakraborty announces social media break: 'I'm taking a step back for a while'She also plans to take a break from social media, seeking to reconnect with her true self amid overwhelming online pressures. May 20, 2026, 14:25:05 IST By Monica Yadav Share via Copy link Actor Rhea Chakraborty has
1 days ago
Indian equity benchmarks recovered sharply from early losses on May 20, with frontline indices nearly erasing the morning decline by 11:30 am, aided by buying in heavyweight Reliance Industries, auto stocks and select financial names. However
1 days ago
15 years of Pyaar Ka Punchnama: Kartik Aaryan, Nushrratt Bharuccha, Divyenndu and other leading stars' career graphAs Kartik Aaryan's debut Pyaar Ka Punchnama completes 15 years today, we take a look at how the six leading actors from the 2011 film have fared since then Updated on: May 20
1 days ago
Dowry, domestic violence, and the unsafe reality for Indian womenThis article is authored by Ranjana Kumari, director, Centre for Social Research and author of Brides are not for Burning. Published on: May 20, 2026 11:03 AM IST By Ranjana Kumari Share via Copy link Dowry in India is no longer
1 days ago
An unexpected AI development stole the spotlight from Google I/O. Here’s whatAndrej Karpathy's announcement of joining Anthropic garnered 17 million views on X, surpassing Google I/O's livestream views of 8.5 million Published on: May 20, 2026 11:02 AM IST By Sanya Jain Share via Copy link
1 days ago
‘Completely false, fabricated’: TMC responds to ‘leaked’ municipal notice to MP Abhishek BanerjeeThe TMC statement urged journalists to visit the addresses mentioned or call the numbers cited in the notice to verify the facts. Updated on: May 20
1 days ago
Cockroach Janata Party vs National Parasitic Front: The new political battle brewing in IndiaFounded by Abhijeet Dipke, the Cockroach Janata Party has rapidly exploded across X and Instagram.drawing followers by the thousands. Updated on: May 20
1 days ago
China has confirmed that it will buy 200 Boeing jets after US President Donald Trump and his Chinese counterpart Xi Jinping met in Beijing last week. Under the deal, the US will provide China with supply guarantees for aircraft engine parts and components
1 days ago
Editorial independence is core to our work. Some links may earn us a commission, without influencing our opinions.This mistake almost cost me my GST refund at Changi Airport; Buy these Charles & Keith handbags in India insteadA simple mistake at Changi Airport nearly cost us our GST refund after a
1 days ago
Meta Layoffs: Meta is preparing to lay off nearly 8,000 employees this week in one of its largest workforce cuts yet, as CEO Mark Zuckerberg accelerates a massive restructuring of the company around artificial intelligence. According to a leaked internal memo from Meta HR chief Janelle Gale
1 days ago
Tesla CEO Elon Musk has vowed to appeal the verdict in the OpenAI trial after a federal jury on Monday ruled that the billionaire waited too long to file his lawsuit against Sam Altman’s company and its co-founders. Siding with OpenAI, the California jury dismissed all claims in Elon Musk’s
1 days ago
The United States and Cuba held talks this week on a U.S. offer of $100 million in assistance, which Washington has dangled as an incentive for reforms, a U.S. official said on Tuesday (May 19, 2026). Mike Hammer, the acting U.S. ambassador to Havana, met on Monday (May 18
1 days ago
As temperatures continue to soar during Indian summers, dehydration is becoming increasingly common, pushing many people towards packaged hydrating drinks and sports beverages. However, plain water alone is not always enough to keep the body properly hydrated. Essential minerals like sodium
1 days ago
The legendary GTI badge goes electric for the first time. The Volkswagen ID Polo GTI Electric was originally previewed as the ID. 2all concept in 2023. It has a 0 to 100km/h sprint time of 6.8 seconds. Volkswagen has unveiled an electric version of its famous ID. Polo hatchback. While the new
1 days ago
Mouni Roy brings India to Cannes with chic patola print gown, dazzles the night in midnight blue dressAt Cannes, Mouni Roy donned two striking looks, including a chic midnight-blue gown and a stunning patola-embroidered dress. Published on: May 20
1 days ago
' union plans for 48,000 workers to walk off the job on Thursday after efforts to clinch a deal on bonus payments fell through, threatening the health of South Korea's economy and the global supply of semiconductors.Union leader said that the 18-day strike would go ahead as management had not
1 days ago
Gurugram-based lending company Oxyzo Financial Services is looking to acquire Rainmatter-backed GoldenPi Technologies, an online bond distribution platform, the company said in a note on May 19.Oxyzo is the financial arm of B2B ecommerce unicorn startup OfBusiness.Through the acquisition, Oxyzo
1 days ago
Bengaluru techie explains why life in Germany felt calmer than India: ‘Never opened laptop after work’A Bengaluru techie said life in Germany felt quieter and more balanced than his daily routine in Bengaluru. Published on: May 20, 2026 10:05 AM IST By Mahipal Singh Chouhan Share via Copy link
1 days ago
One of the most expensive Korean films ever made, this epic sci-fi begins as a "breathless rollercoaster ride" and mashes up The Terminator, Predator, Aliens and Avatar. The films that compete for the Palme d'Or at the Cannes Film Festival are known for their depth
1 days ago
Cornell professor talks AI chaos, and dismissing AI writersThe biggest AI developments, decoded. 20 May 2026. Published on: May 20, 2026 8:00 AM IST By Vishal Mathur Share via Copy link Cognitive warmup. Actor, comedian and filmmaker Seth Rogen has some choice words for creatives using AI to
1 days ago
Qatar said on Tuesday (May 19, 2026) that U.S.-Iran negotiations, mediated by Pakistan, required more time to reach a deal, a day after President Donald Trump said he had postponed planned attacks to give the process a chance. "We are supportive of the diplomatic effort by Pakistan that has shown
1 days ago
