Starlit Suites Bangalore

Actual Returns & Performance

Updated : April 2018

Current Income

  Rs.22,500 per month  /  9.3% p.a. 

On an investment of Rs.29.3 Lakhs (Studio Unit)

Detailed year-wise & month-wise rentals paid out
to investors are shown further below.

  • Trial Operations started in September 2014
    .
  • Full Fledged Operations started in January 2015
  • We are currently delivering 9.3% per annum versus projected returns of 11% by the end of 3rd year of operations (we completed 3 years in January 2018)
    .
  • Due to massive disturbance caused in 2016 & 2017 due to historic policy changes & reforms like Demonetisation in Nov 2016, transition to GST in June 2017 and other big changes, businesses across India took a temporary hit in 2017 & hence operator could not realise full potential of the building.
    .
  • Also, due to an unexpected delay in completion of the tower – where only 60 out of 126 rooms were completed and handed over by the builder to operator – returns in the 1st and 2nd year were lower than initial projections (the remaining rooms were completed and handed over to the operator in batches over 1 year from date of initial launch).
    .
  • Despite these challenges, operator has been able to catch-up and deliver 9.3% ROI which is very close to projected income of 11% and by end of 2018 – operator is very confident of hitting & exceeding the projected income.
    .
  • Even at current ROI of 9.3%, our investors are earning almost THRICE AS MUCH as what you can earn by renting out a regular apartment on your own – which FYI is just 2.5% to 3% across all major cities of India.
    .
  • Our investors are therefore satisfied with the current performance & have gone ahead and invested in their 2nd and 3rd such units at upcoming / operational locations like Delhi-Neemrana, Tirupati, Shirdi, etc which are very close to completion.
    .
  • Current Resale Value of a 1 BHK is approx Rs.42 lakhs (original purchase price was approx Rs.29.3 lakhs – including registration, stamp duty and furniture).
    .
  • Capital values have appreciated by a massive 43% within 36 months of commencing income / operations in 2015.
    .
  • FYI, projected income for Year 1 was 7%, Year 2 was 8% and Year 3 was 10% to 11%.
    .
  • Projected returns are average returns that operator expects to generate BY THE END OF EACH YEAR – which means he expects to generate 7% by end of Year 1, 8% by end of Year 2, 10% to 11% by end of Year 3, etc. Please keep this in mind while interpreting / comparing actual versus projected rental income.

Year-wise & Month-wise

  Rental Income Paid to Investors  

Current Income

Rs.22,500 per month  /  9.3% p.a.
as of April 2018

All Figures in INR

2014

Month
Rent Paid
ROI %
September 2014
7,500
3.1%
October 2014
7,500
3.1%
November 2014
7,500
3.1%
December 2014
7,500
3.1%

2015

Month
Rent Paid
ROI %
January 2015
7,500
3.1%
February 2015
7,500
3.1%
March 2015
7,500
3.1%
April 2015
7,500
3.1%
May 2015
7,500
3.1%
June 2015
7,500
3.1%
July 2015
12,000
5%
August 2015
12,000
5%
September 2015
12,000
5%
October 2015
12,000
5%
November 2015
12,000
5%
December 2015
12,000
5%

2016

Month
Rent Paid
ROI %
January 2016
12,000
5%
February 2016
12,000
5%
March 2016
12,000
5%
April 2016
12,000
5%
May 2016
12,000
5%
June 2016
12,000
5%
July 2016
15,000
6.2%
August 2016
15,000
6.2%
September 2016
15,000
6.2%
October 2016
15,000
6.2%
November 2016
16,500
6.8%
December 2016
16,500
6.8%

2017

Month
Rent Paid
ROI %
January 2017
16,500
6.8%
February 2017
16,500
6.8%
March 2017
18,000
7.45%
April 2017
22,500
9.3%
May 2017
22,500
9.3%
June 2017
22,500
9.3%
July 2017
22,500
9.3%
August 2017
22,500
9.3%
September 2017
22,500
9.3%
October 2017
22,500
9.3%
November 2017
22,500
9.3%
December 2017
22,500
9.3%

2018

Month
Rent Paid
ROI %
January 2018
22,500
9.3%
February 2018
22,500
9.3%
March 2018
22,500
9.3%
April 2018
22,500
9.3%

Rent expected to increase in June 2018

Operator expects to increase rental income to Rs.25,000 per month or 10.3% p.a. from June 2018 on account of gradual increase in occupancy and stable room rates. We will update this shortly once above if formally confirmed by operator in June.

Invest in Starlit Suites Today!

Earn 4 Times Greater Rental Income than that of Regular apartments
but without the hassles of maintaining & renting out property on your own.

Bookings Open @

Click on the city of your choice below to learn more.

 HYDERABAD 
1 BHK – Rs.60.88 Lakhs
2 BHK – SOLD OUT
Opening in December ’18
Click Here to Know More

 TIRUPATI 
1 BHK – SOLD OUT
2 BHK – Rs.65.99 Lakhs
Opening in August ’18

Click Here to Know More

 SHIRDI 
1 BHK – Rs.47.8 Lakhs
2 BHK – Rs.68.19 Lakhs
Opening in August ’18
Click Here to Know More

 DELHI-NEEMRANA 
Studio – Rs.23.8 Lakhs
1 BHK – Rs.47.6 Lakhs
Opened in September ’17
Click Here to Know More

 KOLKATA 
Studio – Rs.32.8 Lakhs
1 BHK – Rs.52.5 Lakhs
Opening early 2020
Click Here to Know More

 GREATER NOIDA 
Studio – Rs.45 Lakhs
1 BHK – Rs.70 Lakhs
Opening early 2021

Click Here to Know More

Or call

INDIA
Jhashank Roy

India : +91 9900123737
jhashank@gcglobal.in

USA
Divyendhu Roy

USA : +1 845 248 0012
adrc@gcglobal.in