Starlit Suites Kochi

Actual Returns & Performance

Updated : January 2018

Current Income

  Rs.17,600 to 25,200 per month  (6.1% p.a.) 

On an investment of Rs.34 to 48 lakhs (Studio & 1 BHK)

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

  • Trial Operations started in August 2016
    .
  • Full Fledged Operations started in December 2016
    .
  • We are currently delivering 6.1% per annum versus projected returns of 7% by end of 1st year of operations (we completed 1 year in December 2017)
    .
  • 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.
    .
  • Despite these challenges, operator has been able to deliver ROI of 6.1% which is very close to projected income of 7% and by end of 2018 – he is very confident of hitting projected income for Year 2, which is approx 8% per annum.
    .
  • Even at current ROI of 6.1%, our investors are earning almost TWICE 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 Studio is approx Rs.46 to 48 lakhs (original purchase price was approx Rs.36 lakhs – including registration, stamp duty and furniture).
    .
  • Current Resale Value of a 1 BHK is approx Rs.64 to 68 lakhs (original purchase price was approx Rs.51 lakhs – including registration, stamp duty and furniture).
    .
  • Capital values have appreciated by a massive 27% within 12 months of commencing income / operations in 2016.
    .
  • 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.17,600 to 25,200 per month  /  6.1% p.a.
as of January 2018

All Figures in INR

2016

Month
Rent Paid
Rent Paid
ROI %
August 2016
8295
11850
3%
September 2016
8295
11850
3%
October 2016
8295
11850
3%
November 2016
11060
15800
4%
December 2016
13825
19750
5%

2017

Month
Rent Paid
Rent Paid
ROI %
January 2017
11,060
15800
4%
February 2017
11,060
15800
4%
March 2017
11,060
15800
4%
April 2017
12719
18170
4.5%
May 2017
12719
18170
4.5%
June 2017
12719
18170
4.5%
July 2017
15207
21725
5.4%
August 2017
15207
21725
5.4%
September 2017
15207
21725
5.4%
October 2017
15207
21725
5.4%
November 2017
17696
25280
6.1%
December 2017
17696
25280
6.1%

Rent expected to increase in April 2018

Operator expects to increase rental income to Rs.20,000 to 30,000 per month or 7% p.a. from April 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 April.

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 April ’18

Click Here to Know More

 SHIRDI 
1 BHK – Rs.47.12 Lakhs
2 BHK – Rs.67.79 Lakhs
Opening in April ’18
Click Here to Know More

 DELHI-NEEMRANA 
1 BHK – Rs.47.6 Lakhs
Opened in October ’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.45.5 Lakhs
1 BHK – Rs.70.5 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