High Monthly Rental Income
Serviced Apartments @
 PUNE (Kharadi) 

Earn Rs.20,000 to 45,000 per month
by investing in Serviced Hotel Apartments in KHARADI
– the hottest IT Hub of PUNE!

On investment of just Rs.36.5 or 52 lakhs (Studio) & Rs.82.7 lakhs (1 BHK)
(all-inclusive of GST + registration + stamp duty + furniture & fitouts)
~ Home Loan Available ~

Construction has already begun
  Start earning from December 2022

3x GREATER Rental Income
than Normal Apartments

SAVE TAX (80C & 24)
Upto Rs.3,50,000 p.a.

ZERO MAINTENANCE
with 20 Year Lease

HOME LOAN AVAILABLE
Pre-Approved by Top Banks

Managed by India’s Leading
Hotel Apartment Operator

EXPLODING DEMAND for
Hotel Apartments in India

Enjoy FREE HOTEL STAYS!
7 Free Days across India

SUCCESSFULLY Running @
Bangalore, Cochin & Delhi

OUTSTANDING LOCATION
in the Center of Kharadi & Magarpatta

Artist’s Rendering of Starlit Suites Pune

Construction has begun
Completion expected by Dec 2022

Basement Excavation in Progress, Feb 2020

Basement Excavation in Progress, Feb 2020

Short Story

A quick 2-minute overview to give you a complete picture.

Once you are done reading this, scroll down further to read a more detailed version.

Buying & renting out regular apartments will give you only 2.5% to 3% ROI per annum.

You can earn THREE TIMES AS MUCH (i.e. 6% to 10% per annum) by investing in Serviced Hotel Apartments.

How Does this Work?
(in 3 simple steps)

Step 1
You invest in a fully furnished & air-conditioned Studio or 1 BHK hotel apartment that will be built like a 3 star hotel & will be registered in your name
(just like buying a regular apartment anywhere in India)

Step 2
India’s leading operator (Starlit Suites) will then market & operate this entire tower as a 3 star serviced hotel apartment for employees of top MNCs / Fortune 500 firms in & around Kharadi and Magarpatta to stay when they travel on work

(operator has rate contracts with over 250 leading IT companies / MNCs to ensure high & consistent demand for rooms throughout the year)

Step 3
At the end of each month, total rental income of the ENTIRE tower (that is total revenue from ALL ROOMS PUT TOGETHER, BEFORE any expenses are deducted) is shared in a 50:50 ratio between you & the operator

(income is divided equally among all investors in the building)

This means you earn approx Rs.20,000 to 45,000 per month on an investment of Rs.36.5, 52 & 82.7 lakhs (Studio, Premium Studio & 1 BHK respectively)
 6% to 10% ROI per annum!

or 3 times Greater Income than that of regular apartments anywhere in India – which is just 2.5% to 3% p.a!

The projected earnings are the bare minimum on the most conservative basis as given by the operator – however, he has informally mentioned that income will be much higher and we assume 7% in the beginning and going as high as 18% in the later years.

Actual Photos of Starlit Suites
Already operating @ Bangalore, Kochi & Delhi-NCR

You can see that ambiance & quality of rooms are on par with 3-star hotels!

1.
You earn income even if your room is VACANT / NOT OCCUPIED the whole month!

Since income from all the rooms is combined into a single bucket and then divided EQUALLY among all investors, you earn continuous income even if your unit is not rented out!

2.
Gross Income Sharing (not just Profit!)

You are paid 50% of total GROSS INCOME itself (that is total revenue BEFORE expenses are deducted) – which means the operator cannot manipulate figures or cheat you.
(all expenses are paid by operator out of HIS SHARE of income, hence you dont have to worry about any losses!)

3.
Audited Statement Every 3 Months

You will receive a Chartered Accountant’s report every 3 months showing complete revenue for the last 3 months from all rooms and of that, how much has been paid to you and how much to the operator – bringing total transparency.

Strict Compensation for Delays!

Project is RERA / MahaRERA Registered (P52100020043) – and hence incase of any delays, builder pays you compensation as per RERA rules of 10% per annum* – which is higher than the actual rental income itself!

SAVE TAX on upto Rs.3,50,000 per Year!
Making this one of the most tax efficient investments in India!
Upto Rs.2,00,000 under Section 24
Upto Rs.1,50,000 under Section 80C
30% Standard Deduction on Rental Income

HOME LOAN AVAILABLE
By the 3rd year, income expected to be greater than your EMI, making this a completely self-sustaining asset.
Pre-approved by HDFC
Upto 60% funded via home loan
Pay only 40% from your pocket
(Rs.16 or 22 lakhs for Studio / Rs.32 Lakhs for 1 BHK)

UNIT SIZE & PRICE
Studio (358 Sft) : Rs.36.5 Lakhs
Premium Studio (510 Sft) : Rs.52 Lakhs
1 BHK (816 Sft) : Rs.82.7 Lakhs
this price is INCLUSIVE of
– complete furniture & fitouts
– registration & stamp duty
– GST & all other charges

You need just Rs.4 lakhs to get started
– and only Rs.1 lakh to start your booking!

After Bangalore, Hyderabad, and Delhi-NCR, Pune is the 4th largest IT hub of India!

India’s most premier IT & FMCG companies have set-up big offices in Kharadi & Magarpatta and many more are on the way.

There is hence a tremendous demand for affordable serviced apartments like these and hence the perfect time for you to invest!

Invest today & start earning high rental income from December 2022!

Continue reading for a detailed explanation (location map, floor plans, income projections, payment schedule & more) and for questions & site visit, call Roy Chowdary on +91 9900123737

Enjoy Stress-Free Rental Income!
Why go through all the stress & hassles of buying & renting out property on your own to earn just 2% to 3% per annum, when you can earn almost 3 times as much – i.e. 6% to 10% per annumwithout any maintenance or involvement from your side by investing in these serviced apartments?!

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.20,000 to 45,000 per month on lowest investment of just Rs.36.5 lakhs (Studio) or 52 lakhs (Premium Studio) & Rs.82.7 lakhs (1 BHK) respectively.

HOW DOES THIS WORK?

  • You invest in a fully furnished, fully air-conditioned and fully serviced hotel apartment (Studio / 1 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 (incase of metro cities) and tourists & vacationers / pilgrims (incase of tourist or spiritual destinations like Shirdi & Tirupati)  as a 3 star extended stay serviced hotel apartment.
    .
  • The operator already has rate contracts and formal tie-ups with over 250 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.
    .
  • Incase of spiritual destinations like Shirdi and Tirupati, the operator has tie-ups with leading travel agencies, online portals (like Makemytrip.com / cleartrip.com / booking.com etc) and event management companies to capture casual tourists / vacationers / pilgrims as well – in addition to corporates.
    .
  • 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 ROI of 6% to 10% in the beginning – which is 2 to 3 times greater than rental income from normal apartments or villas – and the income grows to as much as 15% per annum over time.
    .
  • The operator Starlit Suites is a leading player in his category and is currently managing hotel apartments at Bangalore, Cochin & Delhi-Neemrana, with towers under construction at 6 more cities of India.

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 CENTER of Pune’s Premier IT Hubs – Kharadi & Magarpatta

Starlit Suites Pune is located right on the main road connecting Kharadi and Magarpatta City – Pune’s biggest IT hubs and is in close proximity to many other IT parks, hospitals and entertainment hubs in a 5 kms radius. It is also close to the airport

Magarpatta City
5 mins away…

Kharadi WTC & EON IT Park
5 mins away

Pune International Airport
30 mins away

World Trade Center, Kharadi. 5 mins away…
18,00,000 sft of Grade A IT space

EON IT Park, Kharadi. 5 mins away…
65,00,000 sft of Grade A IT space

IT Hub @ Magarpatta City. 5 mins away…
450 acre Integrated Township

Why should you invest
in Starlit Suites?

1.
Much Greater Rental Income than that of Normal Apartments

Purchasing a regular apartment and then renting it out will only give you 2% to 3% returns per annum. In comparison, serviced apartments give you 6% to 10% ROI per annum.

2.
Stree-Free Management + NO Maintenance Charges

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.

3
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 Bangalore, Delhi-Neemrana & Kochi.

4
Highly Affordable Price & Relaxed Payment Schedules

Units start as low as Rs.36.5 lakhs, making this very affordable. You also get loans from ICICI 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.

5
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.

6
Seven Days Free Stay across India

 – 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.

7
Asset Pays for Itself & Becomes Free in 8 Years

Unlike a normal apartment where EMI is 2 to 3 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 to 9 years.

8
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.

How does Starlit Suites serviced apartment 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 and 1 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 multiple units which will be owned completely by you & registered in your name.
    .
  3. The price quoted 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 total unit cost in instalments linked to progress of construction – in this case, you pay in instalments spread over 24 months.
    .
  5. You can get loan for upto 60% of unit cost, which means only 40% is paid by you and balance is funded by bank.
    .
  6. At the time of booking your unit, you also enter into a 20 year RMA (i.e. Rental Management Agreement) with Starlit Suites, the hotel operator.
    .
  7. Once construction is complete, 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 rooms / 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 & MNCs in and around Pune and across India (such as TCS, Cognizant, Tech Mahindra, Capegemini, Accenture, Hitachi, ICICI, etc.) which ensure continuous demand / occupancy for rooms throughout the year.
    .
  10. Incase of spiritual destinations like Shirdi and Tirupati, the operator has tie-ups with leading travel agencies, online portals (like Makemytrip.com / cleartrip.com / booking.com etc) and event management companies to capture casual tourists / vacationers / pilgrims as well – in addition to corporates.
    .
  11. The total gross income generated by ALL the units in the tower is then pooled into a SINGLE BUCKET 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.
    .
  12. Your share of the above 50% paid to all unit owners translates into annual returns of approx 5.5% in Year 1, 6% in Year 2 and 8% in Year 4 and this keeps increasing year on year to almost 15% % p.a. by 20th year – which means 3 to 5 times greater rental income than that of regular apartments or villas.
    .
  13. You earn income irrespective of whether YOUR unit is rented out / occupied 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.
    .
  14. No scope for operator to cheat you as you are getting 50% of TOTAL or 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.
    .
  15. Income is credited automatically to your bank account every month via ECS :
    Your income is credited directly to your bank account through ECS credit on the 25th of every month – which means absolutely no manual collection of rent cheques!

* 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.

Here is a sample of SOME of the biggest employers / companies in & around KHARADI & MAGARPATTA…

for you to know the immense income potential / demand for rooms this location has…

and many many more!

What is the rental income per month?

  Income Projection Sheet  

On average in the beginning, you will earn approx Rs.20,000 per month on a Studio of Rs.36.5 lakhs and approx Rs.45,000 per month on a 1 BHK of Rs.82.7 lakhs – translating to 8% ROI per annum.

Over the next 15 to 20 years, this income will grow to Rs.35,000 & Rs.90,000 per month for a Studio & 1 BHK respectively.

These projected earnings are the bare minimum on the most conservative basis given by the operator. However, the operator has informally mentioned that the same will be much higher and we assume 7% in the beginning and going as high as 14% to 15% in the later years.

  • For you to know how much you can expect to earn per month from year 1 upto year 20 and beyond, the operator has created a detailed Income Projection Sheet (PDF), 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.
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  • 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 Suites gives you rooms that are 2 to 3 times LARGER for 40% to 50% LESS than comparable hotels.
    .
  • Click here to view this Income Projection Sheet
    (will open in a new browser tab/window)

Bigger Rooms

for Lesser Cost 

  • In Kharadi & Magarpatta, comparable 3 & 4 star hotels charge between Rs.4700 to 12,000 per night for a Standard Double Room which is on average 250 to 300 sft in size.
    .

    • Fairfield by Marriott (bang opposite to Starlit Pune)
      • 201 sft room : Rs.5950
      • 390 sft room : Rs.7700
        .
    • Radisson Blu
      • 355 sft room : Rs.5100
      • 441 sft room : Rs.6400
      • 1050 sft room : Rs.11,000
        .
    • Ibis (20 mins away) – Rs.4500 to 5300
      .
    • Keys Prima (20 mins away)
      • 330 sft room : Rs.5000
      • 462 sft room : Rs.7500
      • 1200 sft room : Rs.13,500
        .
    • Luxury hotels like Hyatt, Westin, Marriott, Novotel charge between Rs.6700 to 13,800 per night for a standard room
      .
  • Starlit Suites Pune on the other hand is giving you a 358 / 510 Sft Studio & 816 Sft 1 BHK rooms at an average rate of just Rs.2800 per night – which means you are getting 2 to 3 times larger room for almost 40% to 50% LESS than the cost of 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 Double Occupancy Cancellable Booking with Breakfast which is what Starlit offers. Many price comparison or online booking websites show prices that are AFTER DISCOUNT / COUPONS and 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.

While online portals give you massive discounts once in a while, the hotel is actually getting paid a much higher rate as the discount is borne by the booking portal and NOT the hotel.

What other top hotels in Kharadi / Magarpatta are charging as of today…

Shown below are screenshots from Google showing the rates being charged by other comparable hotels nearby and from this, you can clearly see that Starlit Suites is much MORE AFFORDABLE / LOWER COST – while providing the same quality of service, amenities and ambience as more expensive star hotels.

Rates shown are of a Standard Double Room which is comparable only to a Studio room in Starlit Suites Pune, whereas we also have much bigger 1 BHKs too.

Do keep in mind that rates shown below are EXCLUDING BREAKFAST (unless mentioned), for which you are charged an extra of Rs.450 to 800 per person depending on hotel category!

Enjoy 7 FREE Star Nights per Year
You get 7 nights free stay per unit per year, with complimentary breakfast.
Out of 7 nights, 4 nights can be used at any Starlit Suites tower across India.
4 towers are currently operational, 6 under construction and 20 more in pipeline.

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 Bangalore, Cochin & Delhi-Neemrana.

The below features make it a foolproof investment where all your interests are safe guarded & no one can manipulate your investment or its returns.

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.

Stable & Predictable Demand Locked-In In Advance

The operator has already established relationships with over 250 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 yearwhich in turn means consistent monthly income for you.

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.

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.

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.

No Maintenance Charges or Monthly Expenditure

Operator pays all expenditure out of his share of income – hence ZERO expenditure for you as investor

As an investor, you do NOT incur any expenditure for day to day management or operations of the hotel tower.

All expenses are incurred by the operator OUT OF HIS SHARE OF THE INCOME and hence such expenditure does NOT affect YOUR SHARE of income.

  1. OPERATING EXPENDITURE
    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.

    .
  2. FURNITURE REPLACEMENTS
    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.

    .
  3. INTERNAL MAINTENANCE
    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.

** SINKING FUND **

  • To keep the hotel fresh, new and relevant to changing tastes and amenities, the operator carries out overhauls / upgrades of major equipments and amenities of the hotel (such as lifts, carpets, exterior facade, power back-up generators, etc) which needs a significant investment once every 8 to 9 years.
  • Instead of expecting investors to invest once again out of their pockets, the operator creates a corpus of funds by setting aside 3% of your share of income into a separate account called a “Sinking Fund”.
  • This money & the interest earned on the same belongs to you and all the other investors jointly is used to make such large changes and overhauls.
  • This way, you will not have to invest extra money once every 8 to 9 years which is very important and has to be done to keep the building and rooms attractive to guests in the long run.

Is there enough demand for serviced apartments in India?

A growing number of business travellers / companies & tourists prefer staying in serviced apartments than hotels because…

For Travellers

  • 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.
    .
  • Another big target segment are employees who have been relocated to a new city or fresh hires who are being given 15 to 30 days of free accommodation by their employer.
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  • Incase of spiritual destinations like Shirdi and Tirupati, even casual tourists / pilgrims are increasingly preferring serviced apartments as rooms are 2 to 3 times larger and more importantly, 30% to 50% CHEAPER than hotel rooms.
    .
  • 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 spacegiving them a comfortable “home away from home” feel.

For Companies

  • After salaries and office rent, the 3rd biggest expenditure for companies are employees’ TRAVEL RELATED COSTS.
    .
  • Serviced apartments are 30% to 40% CHEAPER than hotel rooms, which results in tremendous cost savings for companies – especially when employees travel 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

Starlit Suites – India’s No.1 extended stay serviced apartment operator

To understand their leading position in India in this segment and their unique strengths to ensure good monthly income in the long run, click here to read their profile.

  • There are NO organized or established serviced hotel apartment chains / operators in India, that too with multiple properties across the country.
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  • 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.
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  • Other hotel brands are focused entirely on the Short Stay Segment which is completely different and DO 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 travellers which has a much larger audience + consistent, predictable and growing volumes year after year.

Can you sell this apartment after sometime & exit?

YES you can.

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

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 3% over the next few years.
    .
  • Rental income from residential property is a minuscule 2% to 3% and falling.
    .
  • Commercial property may give you 6% to 7% ROI but they need a much larger investment of Rs.3 to 5 crores which is impractical for most of us.
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  • So people will happily buy any asset that gives you more than 6% to 8% ROI – which Starlit Suites exceeds as it gives you 6% to 10% in the beginning itself and grows to as much as 12% to 15% 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.

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.

Loans make it Very Affordable

Small ticket sizes and availability of 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.

Constant Waiting List for Resale Properties

We receive enquiries on daily basis from many investors who are eager to purchase such high income assets that yield income from Day 1 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 developed a waiting list of over 57 people who were eager to buy any unit that may come up for resale.

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.

Seven nights FREE Stay @
ANY Starlit Suites property across 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 2019 and 20 other cities eventually over the next 6 to 10 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 Shirdi, Bangalore, Hyderabad, Tirupati, Kolkata, Delhi-Neemrana, Cochin 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 to 9 Years

You will recover your entire investment in 8 to 9 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 8.1% (current floating rate) on 60% of unit value, whereas you are earning income of 6% to 10% on 100% of unit value.
    .
  • For example, when you buy a Rs.36.5 lakhs Studio by taking 60% loan which is Rs.22 lakhs, your EMI would be approx Rs.22,000 per month, whereas income by 3rd year itself is Rs.21,000 and by 4th year is Rs.23,000 per month – which means the income will take care of the EMI.
    .
  • As the income increases, you start making an increasing surplus.
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  • Because of this excess income (which keeps increasing every year as EMI remains same but income keeps increasing), you will accumulate enough surplus to recover your entire investment of 40% in around 10 years.
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  • 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).
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  • Therefore, investing in this hotel apartment using a loan is the smartest way to create wealth and earn higher ROI in the long run.
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  • 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 loan.

Invest in Starlit Suites Pune if…

  • You want to generate an increasing & continuous stream of high passive income to supplement your primary source of income and elevate your lifestyle.
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  • You want to build a secondary source of income as a back-up / insurance against job loss, etc in these increasingly uncertain times.
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  • If you dream of retiring early or are on the verge of retirement and want to create a steady stream of stable, predictable and high monthly income.
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  • If you are an NRI yearning 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.
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  • 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.
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  • 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.
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  • If you want to own an asset that is entirely managed by India’s leading professionals rather than having to manage them yourself.
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  • 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.

  Frequently Asked Questions..
.

Have some more questions?

.Visit the FAQ (Frequently Asked Questions) section to find answers to almost any question or concern that you may have regarding this unique high monthly rental income asset.

Enjoy Stress-Free Rental Income!
Why go through all the stress & hassles of buying & renting out property on your own to earn just 2% to 3% per annum, when you can earn almost 3 times as much – i.e. 6% to 10% per annumwithout any maintenance or involvement from your side by investing in these serviced apartments?!

Project Overview

 LOCATION 
– Located on the main road connecting Kharadi and Magarpatta.
– Just 5 to 10 mins away from the biggest IT hubs of Pune with 100s of MNCs.
– 25 mins away from the Intl Airport & City Center.

 SIZE OF PROJECT 
Ground + 8 Floors
Mixed use development with retail on the G + 1 floor
123 Units in total – 104 Studios + 19 One BHKs

 TYPE, SIZE & COST OF UNITS 
~ Studio (358 Sft) – Rs.36.5 Lakhs
~ Premium Studio (510 Sft) – Rs.52 Lakhs
~ 1 BHK (816 Sft) – Rs.82.7 Lakhs

 EXPECTED COMPLETION DATE 
Construction has started and completion expected by end of 2022.

 SANCTION / APPROVAL STATUS 
All Approvals Received & Project Pre-Approved for Home Loans

FINANCIALS
Price, Payment Schedule, Booking Amounts & Loans

Affordable Prices & Unit Sizes

Studio (358 Sft) : Rs.36.5 Lakhs
Premium Studio (510 Sft) : Rs.52 Lakhs
1 BHK (816 Sft)
: Rs.82.7 Lakhs

These figures are of :
 – Inclusive of all furniture and fitouts as per list of furniture and fitouts available in the annexure section at the bottom of this article
 – Inclusive of Registration and Stamp Duty as applicable on date of registration (subject to changes by govt from time to time)
 – Inclusive of all taxes / GST, cess & deposits payable to local municipality / government (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 additional premium for floor rise or premium location etc, there are no additional charges in this hotel apartment and everyone pays the exact same cost irrespective of position of your unit in the tower.

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

Easy Payment Schedule

  • Booking Amount :
    10% on booking / along with booking form.

    .
  • On Execution of Agreements :
    10% on execution of agreement in 3 to 5 weeks from date of booking.
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  • Balance 80% :
    – Incase of self funding, this is payable over 24 months from date of execution of agreements.
    – Incase of loan funding, another 20% is payable over 24 months from date of execution of agreements and balance will be funded via loan. (subject to your individual eligibility*).

Starlit Suites cost less than Residential Apartments

Please click here to view a comparative analysis of cost price of Starlit Suites Pune versus comparable apartments in the vicinity and you will be thrilled to see that this super class high monthly income asset is available to you at a discount when compared to a regular apartment in the surrounding area.

Loan Available

Upto 60% of unit cost can be funded via home loan, which means you pay only 40% out of your pocketEntire loan process will be handled in-house by us on your behalf so you don’t have to spend time and energy in running around banks etc.

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.

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) :

  • 5.5% p.a. by end of 1st year of operations
    (this does not include the abrupt hike in capital appreciation of asset in the first 3 years)
  • 8% by 4th year

The projected earnings are the bare minimum on the most conservative basis given by the operator. However, the operator has informally mentioned that the same will be much higher and we assume 7% in the beginning and going as high as 12% in the later years.

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 25% in 1st and 2nd year alone and hence this is a NO – BRAINER Investment.

Documentation Invovled

  1. Sale & 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 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 included as part of furnishings of 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 loan, the same will have to be disbursed right away. Please contact Jhashank on +91 9900123737 / jhashank@gcglobal.in for further info or assistance on loan application process and to get a free estimate of your loan eligibility.

  Important  

Annexures
Click on below links to view additional important information :

FLOOR PLAN

Studio (358 sft)

FLOOR PLAN

Premium Studio (510 Sft)

FLOOR PLAN

1 BHK (816 Sft)

Contact Details

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

INDIA
J
hashank Roy Chowdary
jhashank@gcglobal.in
+91 99001 23737

USA
Divyendhu
Chowdary
adrc@gcglobal.in
+1 845 248 0012

Invest in Starlit Suites Pune today and start earning high rental income from December 2022!
If you have more questions, visit our FAQ section by clicking here or
call one of our team members displayed above.