While the average salary in Bengaluru's tech world is increasing very slightly, crawling to be more precise, rent, on the other hand, seems to be going up on a rocket ship.

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An average techie based in Bengaluru receives an annual salary hike of less than 7% going by the on-ground reports. On the other hand, rent inflation soars high at about 10% YoY growth, rapidly reducing people's disposable income.

While disposable income is quickly becoming a thing of the past, it won't be long before the yearly rents will get higher than the yearly salaries, leading to a massively catastrophic situation in our metro cities.

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The authorities need to publish regular data on inflation with pinpoint accuracy so that large corporations can be held accountable to at least give a bare minimum meaningful yearly raise to their employees.

Things will only get better if those in power take notice of the increasing plight and act in the best interest of the residents of India's Silicon Valley.

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Otherwise, it won't be long before some new startup emerges to finance people's yearly rent with the option to pay it back in EMIs!