Renters in India are facing a troubling scam, where landlords refuse to return the full security deposit after tenants vacate a property. While this issue has long been ignored, a recent viral tweet from Bengaluru entrepreneur Varun Maya brought it to light, triggering a flood of similar complaints from across the country.
How the Scam Works
The scam typically unfolds when tenants vacate a rented apartment. Landlords claim deductions from the security deposit, often citing unverified damages to the property. In many cases, tenants are left with only a fraction of their deposit, despite having left the apartment in good condition.
Maya, who has rented over 10 apartments, shared his ordeal on social media, stating that landlords returned only small portions of his deposit each time he moved out. His tweet has since garnered over 1.1 million views, with many others sharing similar experiences.
Not Limited to Bengaluru
This issue isn’t confined to Bengaluru alone. Renters from cities like Gurugram and Mumbai have also reported similar incidents. In cities where security deposits are typically equivalent to 10–12 months’ rent, losing a significant portion of this amount can be a huge financial setback for tenants.
What the Law Says About Security Deposits
The Karnataka Rent Control Act states that landlords must return the full security deposit within 30 days of the tenant vacating the property. If deductions are made for repairs, landlords are required to present receipts as evidence.
However, enforcement of this law remains weak, leaving tenants struggling to reclaim their money.
How Tenants Can Protect Themselves
To avoid falling victim to such scams, renters can take the following precautions:
- Document Property Condition: Before moving in and out, take detailed photos and videos of the property’s condition.
- Demand Written Agreements: Ensure the lease agreement clearly outlines the terms for returning the security deposit, including timelines and conditions for deductions.
- Request Receipts for Deductions: If the landlord claims damages, ask for official receipts to verify the expenses.
- Seek Legal Help: If a landlord refuses to comply with the law, consult a legal expert or file a complaint with local authorities.
A Growing Problem
Many renters have expressed frustration over this issue. One user commented that getting even 70% of the deposit back feels like a win, while others suggested alternative ways to recover their money, though such methods may not be practical or legal.
This ongoing problem highlights the need for stronger regulations and better awareness among tenants to safeguard their financial interests.
