Bangalore and Hyderabad have become major IT hubs, but skyrocketing rents and high property prices are making it impossible for IT professionals to afford housing. Many employees are spending a large portion of their salary on rent, struggling with frequent rent hikes, and facing long commutes due to unaffordable housing near tech corridors.

We urge the Karnataka and Telangana governments, along with IT companies, to:

Launch affordable housing schemes for IT professionals near major tech hubs.
Provide subsidized rentals and home loan subsidies for IT workers.
Regulate rental agreements to prevent exploitation by landlords.
Encourage IT companies to offer housing support or higher HRA.
Affordable housing is essential for the growth and well-being of IT professionals who drive the success of these cities. It's time to ensure that those who power Bangalore and Hyderabad's growth can also afford to live in them.