Starlit Suites Bangalore

Actual Returns & Performance

Updated : November 2017

Current Income

  Rs.22,500 per month  /  9.3% p.a. 

On an investment of Rs.29 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
    .
  • Current Resale Value of a Studio is approx Rs.42 lakhs (original purchase price was Rs.29 lakhs including registration, stamp duty and furniture).
    .
  • 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 this delay, operator has been able to catch up and come very close to delivering the projected returns and by end of 2017 will exceed the projected income.
    .
  • FYI, projected income for Year 1 was 8%, Year 2 was 9% and Year 3 was 11% to 12%.
    .
  • Projected returns are average returns that operator expects to generate BY THE END OF EACH YEAR – which means he expects to generate 8% by end of Year 1, 9% by end of Year 2, 11% to 12% 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 November 2017

All Figures in INR

2014

Month
Rent Paid
ROI %
September 2014
7500
3.1%
October 2014
7500
3.1%
November 2014
7500
3.1%
December 2014
7500
3.1%

2015

Month
Rent Paid
ROI %
January 2015
7500
3.1%
February 2015
7500
3.1%
March 2015
7500
3.1%
April 2015
7500
3.1%
May 2015
7500
3.1%
June 2015
7500
3.1%
July 2015
12000
5%
August 2015
12000
5%
September 2015
12000
5%
October 2015
12000
5%
November 2015
12000
5%
December 2015
12000
5%

2016

Month
Rent Paid
ROI %
January 2016
12000
5%
February 2016
12000
5%
March 2016
12000
5%
April 2016
12000
5%
May 2016
12000
5%
June 2016
12000
5%
July 2016
15000
6.2%
August 2016
15000
6.2%
September 2016
15000
6.2%
October 2016
15000
6.2%
November 2016
16500
6.8%
December 2016
16500
6.8%

2017

Month
Rent Paid
ROI %
January 2017
16500
6.8%
February 2017
16500
6.8%
March 2017
18000
7.45%
April 2017
22500
9.3%
May 2017
22500
9.3%
June 2017
22500
9.3%
July 2017
22500
9.3%
August 2017
22500
9.3%
September 2017
22500
9.3%
October 2017
22500
9.3%
November 2017
22500
9.3%

Rent expected to increase in January 2018

Operator expects to increase rental income to Rs.25,000 per month or 10.3% p.a. from January 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 January.

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 March ’18

Click Here to Know More

 SHIRDI 
1 BHK – Rs.47.12 Lakhs
2 BHK – Rs.67.79 Lakhs
Opening in February ’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 December 2019
Bookings Open Soon

 GREATER NOIDA 
Studio – Rs.40 Lakhs
1 BHK – Rs.50 Lakhs
Opening early 2021

Bookings Open Soon

 PUNE 
Studio – Rs.42 Lakhs
1 BHK – Rs.49 Lakhs
Opening early 2022

Bookings Open Soon

Or call

INDIA
Jhashank Roy

India : +91 9900123737
jhashank@gcglobal.in

USA
Divyendhu Roy

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