{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Daybreak","title":"How the security deposit became a landlord’s free working capital","html":"","width":"100%","height":180,"duration":665,"description":"This Diwali, gift The Ken!\n\nTenants across India's six biggest metros have handed landlords Rs 1.26 trillion in security deposits, a new NoBroker study estimates. Around $15 billion of tenant money, refundable in name, sits in landlords' accounts earning interest for people it does not belong to.\nIn this episode, host Snigdha Sharma ask what a deposit actually costs a renter, and arrives at a number: nearly a month's rent, every year. The same tenant who pays 2 months' deposit in Mumbai is asked for 10 in Bengaluru, and in Delhi NCR, about 4 in 10 never got their full deposit back.\nRenting was meant to be a phase. But with home ownership drifting out of reach, tenants may be extending this loan for decades.\nTune in.\nRecommendations:\nIt sucks to be a tenant in Bengaluru right now\n\n*This episode was originally published on July 17, 2026.\n\nDaybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.","thumbnail_url":"https://img.transistorcdn.com/MVbAd7r4TNNaiLQGOcyscbKg4U4yhD75hkT_yoCpT0I/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8wYTc0/Y2MwMGM1YzE4ZTgw/NjdlYTI2ZWZkMTAz/YjFhMC5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}