High Monthly Rental Income Generating Hotel Apartments at

Earn Rental Income of Rs.40,000 to 48,000 per month ($625 to 750) by investing in Serviced Hotel Apartments in Kharadi – the hottest IT Zone of Pune

On an investment of just Rs.40 to 48 lakhs / $62,500 to $75,000
(payable in 24 instalments spread over 3 years)

Available only By Invitation & Exclusively to G&C’s Clients

4x Greater Rental Income
than Normal Apartments

Exploding Demand for
Hotel Apartments in India

Managed by India’s Leading
Hotel Apartment Operator

Already Operating @
Bangalore & Cochin

Home Loans Available
from Leading Banks

Huge Tax Savings (80C & 24)
Upto Rs.3,50,000 p.a.

Enjoy FREE Stays Every Year
7 Free Days across India

Zero Maintenance Asset
with 20 Year Lease

Outstanding Location
Next to World Trade Center

Starlit Suites Pune (High Monthly Rental Income Generating Hotel Apartments in Pune)

Artist’s Rendering of Starlit Suites Pune (Kharadi)

Table of Contents

The contents of this offer document are organised as below :

  • What is Starlit Suites / Serviced Hotel Apartment concept?
  • Why Should I Invest in Serviced Apartments ?
  • How does Starlit Suites generate such high monthly rental income?
  • What are the biggest benefits of investing in Starlit Suites?
  • What makes this income so predictable and stable?
  • How much demand do such serviced hotel apartments have?
  • How do I exit from this investment?
  • Where is this coming up in Pune?
  • Operator & Builder Profiles
  • Financials – Unit Cost, Payment Schedule, Booking Amounts & Home Loans
  • Documentation Involved & How to Book Your Unit?
  • Contact Details of Our Team Members

Enjoy Stress-Free Rental Income

Why go through the hassles of renting out property on your own for just 2% to 3% ROI per annum when you can invest in serviced apartments and earn 10% to 12% stress-free?

What is Starlit Suites / Serviced Hotel Apartment Concept?

Starlit Suites is a leading 3 star serviced hotel apartment operator of India and by investing in their hotel apartments in Pune and other major cities, you can earn highest monthly income of Rs.40,000 to 48,000 per month on lowest investment of just Rs.40 to 48 lakhs payable in instalments spread over 2.5 years.


  • You invest in a fully furnished, fully air-conditioned and fully serviced hotel apartment (Studio / 1 BHK / 2 BHK) that will be built to the standards of a 3 star hotel.
  • The unit is owned completely by you (registered in your name just like any other apartment) but is operated and managed by Starlit Suites Group and marketed to the leading Indian corporates and MNCs in India as a 3 star extended stay serviced hotel apartment.
  • The operator already has rate contracts and formal tie-ups with over 200 leading companies in India – including many Fortune 500 firms such as Cisco, Dell, HP, TCS, Wipro, Infosys, etc – whos’ employees stay in these hotel apartments when they travel on work, thus giving the operator assured business / occupancy throughout the year.
  • The total gross revenue generated by all the units in the entire hotel apartment tower is then shared in a 50:50 ratio between you (the investor/owner) and Starlit Suites (the operator).
  • This means you earn rental return of 10% to 12% in the beginning – which is 4 times greater than rental income from normal apartments or villas – and the income grows to as much as 20% per annum over time.
  • The operator Starlit Suites is a leading player in his category and is currently managing hotel apartments at Delhi, Pune, Bangalore and Cochin, with towers under construction at 8 more cities of India. You can view their complete profile in the “Annexure” section at the end of this page.

Continue reading to know more and also see the “ANNEXURE” section at the end of this offer document for exhaustive information on income projections, payment schedule, location map, floor plans and much more.

Located in the Heart of Kharadi – Pune’s IT Hub

Starlit Suites Pune is located right next to the World Trade Center (WTC) and EON Free Zone (IT Park)


Starlit Suites Pune - Masterplan

Why should I invest in Serviced Hotel Apartments?


4 Times Greater Rental Income than that of Normal Apartments or Villas

Purchasing a regular apartment and then renting it out will only give you 2% to 3.5% returns per annum. In comparison, serviced apartments give you 10% to 20% ROI per annum.


No Maintenance Charges + Stress-Free Management

These hotel apartments are managed & maintained completely by the operator at his cost – thus freeing you of the hassles involved in renting out property on your own.


Tried & Tested Model + Exploding Demand for Hotel Apartments

Over 380 investors round the world are already reaping benefits of this investment as Starlit Suites – with their rich experience of 37 years in hotel industry – has perfected this model over the last 6 years and is successfully operating 4 hotel apartments at Delhi, Pune, Bangalore and Kochi.


Highly Affordable Price & Relaxed Payment Schedules

Units start as low as Rs.40 lakhs which itself is payable in instalments over 2.5 years, making this very affordable. You also get home loans from leading banks for upto 60% of unit cost, which means you pay just 40% or Rs.16 lakhs from your pocket and rest is funded by bank.


Timely & Automated Payment of Monthly Income to Your Bank Account

Each month’s income is credited directly to your bank account through ECS on the 25th of the following month, making collection of rent a stress-free and automated experience. You don’t have to worry about timely payments or collection and encashments of cheques etc.


7 Days Free Stay at Starlit Suites

 – You get 7 days free stay for 1 unit owned by you per year with complimentary breakfast.
– Out of this, 4 days can be at any location where Starlit is operating and balance 3 days can be availed at the location where you have invested (in this case, Pune).
– You can accumulate the same for 2 years and also can gift free stays to family, friends and colleagues.


Asset Pays for Itself & Becomes Free in 8 Years

Unlike a normal apartment where EMI is 3 to 4 times greater than rental income, incase of serviced apartments, income is always greater than EMI and hence the project pays for itself and due to such excess income, you will recover your entire initial investment (i.e.40% of unit cost) within 8 years.


Chance to Acquire Property in Prime Locations

Apart from monthly income, you are also going to earn capital gains as you are acquiring an asset in very prime and key commercial localities of key cities of India. Normally, it would not be possible to acquire such prime property at such low ticket sizes and because of this, you will also enjoy tremendous capital gains in addition to high monthly income.

Starlit Suites Pune (High Monthly Rental Income Generating Hotel Apartments in Pune)

Artist’s Rendering of External Elevation of Starlit Suites Pune

How does Starlit Suites generate such high monthly rental income?

  1. A custom designed serviced hotel apartment tower is constructed by a leading builder, with all the facilities of a 3 star hotel such as gym, pool, bar & restaurant, meeting rooms, etc. The tower consists of a mix of Studio, 1 BHK and 2 BHK units (depending on demand in each market which varies from city to city) which are fully furnished to support extended stays with facilities like microwave, cooktop, fridge, etc..
  2. Individual investors like you would buy 1 or many units which will be owned completely by you and registered in your name once completed.
  3. The price that you pay for the unit is all inclusive – that is, basic cost of the unit plus cost of furniture, fitouts, taxes, deposits, registration and stamp duty.
  4. You pay the cost of the unit in instalments linked to progress of construction – which in this case is 2.5 years.
  5. You can also get home loans for upto 60% of unit cost, which means only 40% needs to be paid by you and rest is funded by bank and even the 40% can be paid in instalments over 2 years.
  6. At the time of booking your unit, you also have to enter into a 20 year RMA (Rental Management Agreement) with Starlit Suites (the hotel operator).
  7. Once construction is complete and unit is registered in your name, you along with all other unit owners in this hotel apartment will handover the keys of your respective units to Starlit Suites (the operator) on the basis of the above mentioned RMA for next 20 years.
  8. Starlit Suites (the operator) will then bring in manpower and working capital to run this hotel apartment and rent out units for extended stays to employees of India’s leading corporates and MNCs (including Fortune 500 companies).
  9. The operator has formal tie-ups / rate contracts with leading firms across India (such as Infosys, Wipro, Cisco, HP, Dell, HCL, TCS, Biocon, etc) which ensure continuous demand / occupancy for rooms throughout the year.
  10. The total gross income generated by ALL the units in the tower is then pooled into one single account at the end of each month and then 50% of such total income is distributed equally among all investors – ofcourse based on the size of unit / proportion of area owned by them in the tower.
  11. Your share of the above 50% paid to all unit owners translates into annual returns of approx 8% in Year 1, 9% in Year 2 and 12% in Year 3 for you and this keeps increasing year on year to almost 20% p.a. by Year 20 – which means 4 to 5 times greater rental income than that of regular apartments or villas.
  12. You Earn Income Irrespective of Whether Your Unit is Rented Out or Not : Since income of all rooms is pooled into a single bucket and then divided equally among all unit owners, you will earn as much income as any other similar unit owner – irrespective of whether your own particular unit is occupied or not.
  13. No Scope for Cheating as You Are Getting 50% of GROSS INCOME : Since you and other unit owners are being given 50% of TOTAL / GROSS income – that is total revenue BEFORE any expenditure is deducted by operator – you will always earn high rental income irrespective of the expenses incurred by the operator.
  14. Income is Credited Directly & Automatically to Your Bank Account Every Month : Your income is credited to your bank account every month through ECS credit on the 25th of every month for the previous month’s income – which means absolutely no maintenance or monitoring required by you.

* For the 1st & 2nd year, you get 40% of total income and from 3rd year onwards, you get 50% of total income. This is done as operator incurs massive expenditure in marketing & promoting the new building in the beginning and is hence given 60% of the total income in the 1st & 2nd year and from 3rd year onwards, the total income is shared equally in a 50:50 ratio between you (the investor) and operator.

Photos of Starlit Suites

These are actual photos of Starlit Suites Cochin (operational since Aug 2016).
You can see that ambiance and quality of rooms are on par with 3-star hotels.

  Income Projection Sheet  

  • A detailed Income Projection Sheet (PDF) is available in the annexures section at the end of this page and it shows you how much you can expect to earn per month from Year 1 upto Year 15.
  • This sheet is created by the operator, based on the occupancy levels he expects to achieve and the room rates he can charge based on the rate contracts that he has with his clients.
  • For this, operator has assumed average occupancy rate of just 70% throughout the lifetime of the propertywhich is a very conservative estimate as he is running his existing properties at a much higher 75% to 80% on average.
  • Even the room rates he plans to charge are very conservative compared to other hotels in the surrounding areas – infact Starlit gives you 2 to 3 times larger rooms for 30% to 60% LESS price than comparable hotels.

 Bigger Rooms for Lesser Cost 

  • In Kharadi, the ONLY 3 star hotel – Radisson Blu Kharadi – is charging Rs.6500 to 7000 PER NIGHT for room that is 355 Sft in size.
  • Starlit Suites on the other hand is giving you a Studio (428 Sft) / 1 BHK (511 Sft) for an average rate of Rs.4000 per night – which means you are getting 20% to 40% larger room for 20% to 50% LESS price than comparable hotels in the same area.
  • This makes Starlit Suites an incredible VALUE FOR MONEY option which attracts not only business travellers but also leisure travellers / tourists as well.
    * Prices quoted here for comparable hotels are for a Double Occupancy Cancellable Booking with Breakfast. Many price comparison or online booking websites show prices that are EXCLUDING breakfast or NON-CANCELLABLE rates which might be misleading and hence always consider above when comparing prices with Starlit Suites. Such hidden charges could add as much as 20% to the basic cost of a room.

Enjoy 7 FREE Star Nights per Year

For every unit that you own, you get 7 nights FREE STAY with complimentary breakfast PER UNIT PER YEAR. And out of 7 nights, 4 nights can be used at any Starlit Suites tower in India (they are currently in 4 cities, with 8 more cities under construction and will eventually have properties in 32 cities over the next 7 to 8 years).

What makes this income so predictable and stable?

 What is the guarantee that I will earn the income that is being showcased here? 

This model is tried and tested and has been running successfully for the last few years at Delhi, Pune and Bangalore with Cochin being the latest signature tower to become operational.

Also, the below 5 features make it a foolproof investment where all your interests as an investor are safe guarded and no one can manipulate your investment and returns.

1. Stable & Predictable Demand Locked-In In Advance

  • The operator has already established relationships with over 200 MNCs – including many Fortune 500 firms – and signed formal rate contracts with many of them, which gives him assured business / occupancy for rooms throughout the year – which in turn means consistent monthly income for you.
  • For example, if HCL Chennai executive tours any other key city of India where Starlit has operations, the company (HCL) books his or her accommodation centrally and directly with Starlit Suites as they have annual rate contract and the same executive cannot book any other hotel directly ensuring predictable and almost guaranteed occupancy.
  • This ensures that the operator will almost always deliver as per the Income Projection Sheet (available at the end of this page in the annexures area).

2. Gross Income Sharing : No Scope for Operator to Cheat You

You get 50% of Gross Income – which is total income BEFORE any expenses are deducted by the Operator – and hence there is no scope for manipulation and making your income independent of expenditure incurred by the operator. This means operator cannot inflate expenses and show less profit to try and cheat you etc.

3. You Earn Income Even If your Room is Vacant

Since income from all the rooms is combined into a single bucket and then divided equally among all investors irrespective of whether their particular unit is rented out or not – you will still earn as much as every other unit owner in the building. Hence, you need not worry about whether your individual unit is getting rented out or not.

4. Audited Statements Issued to You every 3 Months

Once every 3 months, you are given Audit Certificate (issued by a Chartered accountant) giving you details of the entire revenue generated by the building for each month and how that income is being split between operator and investors. This along with above aspect of sharing of gross income will ensure highest level of transparency as this leaves no scope for operator to manipulate accounts in any manner.

5. No Cash Transactions

Since payments are made by companies by RTGS / cheques or by employees’ credit card, there is hardly any cash involved and hence no scope for operator to manipulate occupancy figures to hide any income. Even incase of bookings by casual travellers, systems have been put in place by the operator to eliminate any unaccounted occupancy.

You Do NOT Incur Any Expenditure

As an investor, you do NOT incur any expenditure for day to day management or operations of the hotel tower. All operational expenses are incurred by the operator OUT OF HIS SHARE OF THE INCOME and hence such expenditure does not affect YOUR SHARE of income.

    Staff salaries, electricity & water costs, licenses, etc and all and any expenditure related to day to day operations are paid for by the operator out of his share of income and hence will not be paid or shared by you.

    Your unit comes with furniture, appliances and fitouts included, which are executed by the operator to ensure highest quality. Incase of any damage to the items, they are replaced at the cost of the operator and hence you as an investor need not worry about the quality and safety of your furniture or having to pay for repairs and replacements etc.

    The operator takes complete responsibility for maintaining the property on the lines of a 3 / 4 star accommodation AT HIS COST to ensure highest occupancy. This automatically ensures the highest upkeep of your property and strong capital values and appreciation.

Is there enough demand for serviced hotel apartments in India?

There is a Growing Trend of Business Travellers & Companies choosing Hotel Apartments over Hotels

For the Traveller

  • The operator’s main target is the corporate traveler who travels for training, conferences, exhibitions, short-term projects, etc. where typical stay lasts for 10 to 14 days on average and can extend up to as much as 6 months to 1 year in some cases.
  • Such long term travellers always prefer a serviced apartment over a regular hotel because they can cook their own meals, order room delivery of food from their favourite restaurant and entertain guests in their rooms – which is not possible in star hotels.
  • And they can enjoy all of this with an ambiance similar to a 3 star hotel, but in much bigger rooms with more space – giving them a comfortable home away from home feel.

For the Company

  • Corporates also prefer serviced apartments due to cheaper rates (which are 30% to 50% less than star hotel rates), especially when staying for extended periods.
  • The operator also complies with their requirements for fire and safety measures, ensuring highest safety for their employees in line with corporate insurance policies.
  • This coupled with close proximity of these hotel apartments to major IT/ITES, finance & other business hubs, is greatly contributing to the increasing demand for such corporate serviced residences across India.

Operator Profile and Experience

To understand their leading position in India in this segment and their unique strengths to ensure good monthly income in the long run, you must read their profile : Click Here to View Starlit Suites’ Operator Profile

  • There are NO organized or established serviced hotel apartment chains / operators in India, that too with multiple properties across the country.
  • Existing serviced apartments are fragmented, unorganized and mostly run by individuals or part time players who have no expertise in the business and are limited to just one location or city.
  • Starlit Suites is the first organized & branded player in the Extended Stay Segment across India with properties in multiple cities (4 operational, 6 under construction and 20 more in the pipeline) and is hence leading the market.
  • Other hotel brands are focused entirely on the Short Stay Segment which is completely different and DOES NOT COMPETE or COMPARE with serviced apartments – as the target customers, pricing, duration of stay, facilities provided are completely different in both these industries.
  • Starlit Suites focuses purely on Extended Stay segment for corporate travelers which has a much larger audience + consistent, predictable and growing volumes year after year.

How Can I Exit from this Investment?

You can sell your unit to any 3rd party at any point of time and exit with substantial capital gains, in addition to the monthly income that you would have earned until then.

1. Massive Demand for High Monthly Income Assets :

  • Current FD rates in India are at an all-time low of 6.75% per annum and are set to fall further to as low as 5% over the next few years.
  • Rental income from residential property is a minuscule 2% to 3.5% and falling.
  • Commercial property may give you 7% to 8% ROI but they need a much larger investment of Rs.3 to 5 crores which is impractical for most of us.
  • So people will happily buy any asset that gives you more than 9% to 10% ROI – which Starlit Suites exceeds by a large margin as it gives you 10% to 12% in the beginning which grows to as much as 18% to 20% by 15th year.
  • Investors would queue-up outside your door to buy such a high income generating asset from you as there are no other safer, stable and predictable income alternatives in India.

2. Income based Capital Appreciation

  • A few years down the line when your asset is earning over 14% to 15% ROI per annum, you will be able to sell your unit for 50% premium over your initial purchase price as even at this higher price, the new buyer will still earn ROI of 10% to 12% on his invested capital.
  • Example : Assume you purchased a hotel apartment in Starlit Suites for Rs.40 lakhs. 5 years after income begins, you would be earning atleast 14% to 15% p.a. which means an income of Rs.50,000 per month. If you were to sell your unit at Rs.60 lakhs, the new buyer would still earn Rs.50,000 / Rs.60 lakhs = 10% ROI per annum.
  • Hence, you can easily sell your property for 1.5 times it prices by the 5th year of operation.

3. Greater Appreciation than Regular Apartments or Villas

Since these apartments are fully furnished, fully air-conditioned and fully serviced and come with a long lease with high monthly income, they will appreciate a lot more than regular apartments or villas.

4. Home Loans make it Very Affordable

Small ticket sizes and availability of home loans make these highly affordable and easy for anyone to invest in Starlit Suites, because of which there is massive demand for such assets – making it easy for you to sell whenever you want to.

5. Constant Waiting List for Resale Properties

We receive inquiries on almost daily basis from many investors who are eager to purchase such high income assets and hence reselling your unit will be easy due to such waiting list that builds up in each city. For example, at Bangalore where we did our first tower (126 room hotel at Electronic City), we have a waiting list of over 319 people who are eager to buy any unit that may come up for resale.

6. Buyer Gets Income from Day 1 of Investment

The person who is buying this asset from you would start earning rental income immediately (i.e. from Day 1 of his investment) and thus would be willing to pay you a premium to buy such a proven asset from you. You can also show your bank statement as a proof of income being generated by your unit.

7 Nights FREE Stay across any Starlit Suites property in India

With breakfast!

  • For every unit you own, you get 7 nights of FREE stay with breakfast PER UNIT PER YEAR.
  • Out of these 7 nights, you can spend 4 nights at any other Starlit Suites location (currently operational at 4 locations, 3 more to get added by end of 2017 and 20 other cities eventually over the next 6 to 8 years).
  • That is, if you invest in Starlit Suites Pune, you can use all the 7 free nights at Pune or use upto 4 nights at any other location such as Bangalore, Delhi-Neemrana, Hyderabad, Cochin, Shirdi, Tirupati, Trivandrum and balance 3 nights at Pune.
  • You can also gift these free nights to your family, friends and colleagues and any unused free nights can be rolled over to the next year (for a maximum of 2 years).

Asset Becomes Free in 8 Years

  • When you invest using a home loan, the income from these hotel apartments will be greater than the EMI you pay on your loan.
  • This is because your EMI is calculated at 8.5% to 9.5% (rate of interest) on 60% of unit value, whereas you are earning income of 10% to 12% on 100% of unit value.
  • For example, when you buy a Rs.40 lakh Studio by taking 60% loan which is Rs.24 lakhs, your EMI would be approx Rs.24,000 per month, whereas income in Year 1 itself is Rs.29,444, which means you are left with profit of Rs.5,444 EVEN AFTER paying off your EMI.
  • Because of this excess income (which keeps increasing every year as EMI remains same but income keeps increasing), you will accumulate enough funds to recover your entire investment of 40% in 8 years time.
  • Post this, you will continue earning monthly income FOR FREE as technically, you are earning this on ZERO investment (as you have recovered your entire initial investment).
  • Therefore, investing in this hotel apartment using a home loan is the smartest way to create wealth and earn higher ROI in the long run. Even if you can afford to pay the entire cost of unit from your own funds, it is financially more lucrative to invest using a home loan.
  • Even if you can afford to pay the entire cost of unit from your own funds, it is financially more lucrative to invest using a home loan.

You Should Invest in This Asset If…

  • You want to build an asset base that generates an increasing stream of high passive income to supplement your primary source of income and to elevate your lifestyle.
  • If you dream of retiring early or if you are on the verge of retiring and want to create a steady stream of stable, predictable and high monthly income.
  • If you are an NRI who dreams to return to India but are unsure or have no safe way to generate a consistent monthly income to maintain your current lifestyle that you enjoy abroad, once you are back in India.
  • If you are an NRI who has settled abroad and decided not to come back to India forever but want to take advantage of India’s booming economy and real estate story – for which this asset is the best way to participate in India’s growth.
  • If you dream to own a chain of hotel rooms across India by investing in multiple micro assets across top cities of India instead of sinking all your money into a single asset in just one city.
  • If you want to own an asset that is entirely managed by India’s leading professionals rather than having to manage these assets by themselves.
  • If you have already retired and want a safe investment that can generate monthly income without having to lock-in your capital for a long time, which is the case with most of the options available today such as FDs, Provident Fund, finance or chit fund companies which provide low monthly returns, no capital appreciation and also block your funds for a very long time.

Income of Rs.40,000 to Rs.48,000 per month

on an Investment of Rs.40 to 48 lakhs paid over 2.5 years

Project Overview

Adjacent to EON IT Park and next to World Trade Center, Kharadi

132 Units spread across 14 Floors
Ground Floor – Reception Lobby | 1st & 2nd Floor – Car Parking | 3rd Floor – Restaurant | 4th to 19th Floor – Rooms | Terrace – Swimming Pool & Leisure Amenities

~ Studio Apartment :
    – 428 sft for Rs.40.37 lakhs
    – 449 sft for Rs.42.31 lakhs

~ 1 BHK Apartment :
    – 511 sft for Rs.48.19 lakhs

Excavation already complete and construction to begin end of 2017 and completion expected by end of 2020.

Approvals received and construction will begin by end of 2017.

Location Advantage

Where in Pune is this serviced hotel apartment situated?

Located right next to the World Trade Center in Kharadi and adjoining the 45 acre EON IT SEZ, Starlit Suites  in close proximity to every major company in the area with most target business being in a radius of just 2 km.

  • Pune Railway Station : 9 Km
  • Pune Airport : 4 km
  • Phoenix Mall : 4 Km
  • Columbia Asia Hospital : 2 km

Why Invest in Kharadi ?

  • Kharadi now is seen as the most promising destination in Pune.
  • Kharadi, one of the fastest growing localities in the vicinity of Pune, is in the process of transformation. Professionals are keen to live here as Big IT companies like Zensar, Tata Communication, Honeywell, Eclypsis, Synechron, Eaton, Mphasis (EDS), Wipro, Reliance etc. are based there. Kharadi is popular for its unrestricted panoramic view from all sides and offers a nice blend of modernization and a charming ambience.
  • IT company’s like Zensar technologies has already taken their first step into looking at Kharadi as the next potential IT hub, by building their 60 crore campus in Pune’s new Silicon Valley. Kharadi is carrying planned construction activities and ultra modern amenities.
  • Several MNCs are re-locating to Kharadi, as accessibility to airport, railway station and areas like Kalyani Nagar, Mundhwa, Hadapsar makes Kharadi a convenient destination.
  • Kharadi has a well-connected road network with existing roads and the recently developed MSRDC Kharadi – Mundhawa road. Kharadi being close to Ranjangoan, an MIDC area with companies like LG, Apollo tyres, Whirlpool etc, people from Pune working in Ranjangoan have keen interest to be based in Kharadi to cut their commute time from their workplace.
  • Eon Free Zone, sprawling over 45 acres of land, this IT & ITES ‘Special Economic Zone’ (SEZ) project stands magnanimous in the strategic locale of Pune, at the prestigious eastern IT corridor the MIDC Knowledge Park, Kharadi. 4 million square feet  of IT & ITES specific ‘Special Economic Zone’ Project comprising of clusters A, B, C & D.
  • Companies such as Citi, Barclays etc have expanded their presence in Kharadi substantially and are creating their back end process support for the Asia Pacific in Kharadi employing a large number of personnel. The news is that these two companies alone plan to hire more than 60,000 employees to be based at their Kharadi office setup.


Starlit Suites Pune - Masterplan

Location Imagery



Builder Profile

The developer is a boutique group based in Pune, established in 2000, having completed 7 residential, 5 commercial, 2 hotel and over 10 infrastructure projects spread across Pune, Bangalore and Solapur. With sizeable and unique landbanks, this group is one of the well renowned names in the real estate industry in Pune.


Income Projections, Unit Cost & Payment Schedule, Booking Amounts & Home Loans

Affordable Prices

~ Studio Apartment :
– 428 sft for Rs.40.37 lakhs
– 449 sft for Rs.42.31 lakhs

~ 1 BHK Apartment :
   – 511 sft for Rs.48.19 lakhs

These figures are of :
 – Inclusive of all furniture and fitouts as per list available in Annexure section at the end of the page.
 – Inclusive of Registration and Stamp Duty as applicable on date of registration (subject to changes by govt from time to time)
 – Exclusive of G&C’s service fee of 1.5% on the basic value (read more about this here)

Unlike other apartment projects where you are charged an extra premium for floor rise or premium location etc, there are no such extra charges in this hotel apartment and everyone pays the exact same cost irrespective of floor, facing or position of your unit in the tower.

This ensures that everyone in the apartment earns equal returns irrespective of unit position.

Starlit Suites Seems Expensive Compared to Other Apartments

Starlit Suites may seem expensive when compared to regular apartments in the surrounding areas but you can click here to see a price comparison sheet which clearly shows how Starlit Suites is actually cheaper than regular apartments.

In regular apartments, you are quoted a basic price + many other premiums, deposits and extra charges which add almost 15% to 20% to the total price of the unit.

There are also no extra or hidden charges such as car parking, club house charges, 100% power backup deposits, advance maintenance deposits, etc etc.

Easy Payment Schedule

  • Booking Amount :
    10% on booking.
  • On Execution of Agreements :
    10% on execution of agreement in 2 – 3 weeks from booking.
  • Balance 80% :
     – Incase of self funding, this is payable in instalments over 2.5 years based on construction progress.
    – Incase of home loan funding, another 15% to 20% is payable over 2.5 years based on construction progress and balance 60% to 65% will be funded by the bank (subject to your individual eligibility*).

Home Loan Available for upto 60% of Unit Cost

  • Upto 60% of unit cost can be funded via the loan which means you pay only 40% out of your pocket.
  • Out of the same, you pay only 20% now and rest 15% to 20% in instalments over construction period of 2 years.
  • As interest on this home loan during the construction period, you will end up paying approximately Rs.3.5 to 4 lakhs approximately, over the next 12 months.
  • TAX BENEFITS : The EMI paid on the loan can also be written off against the income earned from this asset, which effectively reduces your taxable income.

Returns / ROI

While a detailed income projection sheet is available in the annexures section, given below is a quick summary of returns you can expect to earn – based on very conservative occupancy and room rates assumed by the operator which we have also validated at our end, based on existing market rates of comparable hotels in the area) :

  • 8% p.a. in 1st year of operations (and this does not include the abrupt hike in capital appreciation of asset in the first 3 years)
  • 9% by 2nd year
  • 11% to 12% by 3rd year
  • 13% to 14% p.a. by 5th year
  • 18% to 20% p.a. by 20th year

If you take into consideration the high initial appreciation of capital values in the first 3 years and considering that the asset value might almost double in 4 to 5 years, you may end up earning an average ROI of 30% in 1st and 2nd year alone and hence this is a NO – BRAINER Investment.

Income is Credited to Your Bank Account Every Month (via ECS)

Each month’s income is credited directly to your bank account on the 25th of the following month and hence there is no need for you to monitor or follow-up for collection of income.

Documentation Involved

  1. Sale and Construction Agreement (SCA)

    This is between you and the builder for purchase of the flat and covers the terms and conditions of sale and construction of the hotel apartment and the timelines involved. This agreement will also have clauses to compensate you incase of delays in construction.

  2. Rental Management Agreement (RMA)

    This is between you and Starlit Suites (operator) and captures the terms and conditions of the revenue-sharing lease agreement with the operator. It contains important clauses related to revenue sharing, operator’s responsibilities, complimentary stay, period of contract, etc.

  3. Furniture & Fitouts Agreement (FFA)

    This is between you and Starlit Suites (operator) and it covers the cost and schedule of items that will be used to furnish and fitout your room as per 3 star hotel apartment standards.

  4. Power of Attorney (POA)

    This is a legal document giving Starlit Suites the power to operate the unit on your behalf and is a matter of legal formality.

Booking Your Unit

The booking process is fairly simple as explained below :

Step 1

Please inform one of our team members who will send you the booking form, which you can fill and send back a soft copy along with details of payment of booking amount which you can pay via net banking or by issuing a cheque.

Step 2

Based on your preference if any, a short list of available units will be sent to you and you can choose from the same to proceed further. All units are priced the same and the returns are distributed equally and hence you can choose any unit out of whatever is available without bothering too much about floor or facing.

Step 3

In addition to booking amount, once you pay 20% of unit cost, agreements will be printed and issued to you for signing, post which they will be sent back to builder for execution and you will be given your set once builder signs the agreements.

Step 4

Balance 80% may be paid as per payment schedule and incase you are going for home loan, the same will have to be disbursed right away. Please contact our in-house Home Loan expert Sridhar Kumar on +91 9686627071 / sridhar.kumar@gcglobal.in for further info or assistance on home loan application process and to get a free estimate of your home loan eligibility.


Click on below links to view additional important information about this high monthly income project in Pune :


Floors 7, 12 & 18


Floors 4, 5, 6, 8, 9, 10, 11, 14, 15, 16, 17, 19

Contact Details of Our Team

For bookings or queries please call any of our below team members :

Ritwick Datta
Dy Mgr – BD & Sales, Pune
+91 96736 63037

Jatinder Paul
Regional Coordinator
+91 9921582556

Jhashank Chowdary
Head – Corporate Affairs
+91 99001 23737 / +1 845 248 0012