India, June 26 -- After two years of sharp rental hikes in Bengaluru's prime residential complexes, tenants are finally seeing a shift, and this time, it's in their favour.

Users on platforms like Reddit and Facebook housing groups report a visible dip in rents across Tier-I societies, with some managing to negotiate rates 10-15% lower than those originally listed.

While many landlords still prefer renting to families, the steep rents are increasingly out of reach for them. On the other hand, bachelors, who are typically more open to sharing rental costs, often face barriers due to housing society rules or owner preferences. This mismatch is now prompting some landlords to revise their expectations.

The sudden influx of newly available...