India, Jan. 26 -- Highly paid techies in Bengaluru have given landlords an opportunity to ask for 'insane amounts' as rent. This is one of the primary reasons why rents in the city 'keep going up,' a Reddit user claimed in a recent post. Real estate brokers, however, say that one reason for rising rentals in the IT corridors is the lack of affordable housing options close to the workplace.

Most techies prefer to stay close to their workplace. They often look for gated societies with amenities. There are limited rental options that are available in the market, and that is what is pushing up monthly rents, local brokers told HT.comAlso Read: Bengaluru landlords exploiting young techies with high-paying jobs? Reddit user claims

The Redditt...