Did you know 81% of working millennials earning between 50,000 and 100,000 INR per month invest in something or other (1)?
What do they invest in? Primarily the usual gamut of investments – fixed deposits, mutual funds, direct equities, bonds, and the like.
Though it’s good to know that so many young people take an active interest in planning a secure future for themselves and their loved ones, investing the conventional way is not without its hassles.
No matter which of the above paths you choose, you have to invest more than just your money in them. They take up a huge chunk of your time and efforts too. And we know, you could do without that fuss of tracking, managing, and keeping a keen eye on the market at all times.
So to cut to the chase –
Is there a hassle-free, high-yielding investment option out there? One whose mere management does not put you at risk of a stroke?
The answer is closer home than you think.
Real estate – a secure way to earn extra income
“90% of all millionaires become so through owning real estate.”
– Andrew Carnegie, Illustrious American Industrialist
Uttered about more than a hundred years ago, it’s safe to say this pearl of wisdom from one of the richest Americans in history still holds true.
Time and again, real estate has proven to be a sound investment due to its appreciation in value, tax benefits, refinancing options, and passive cash flows.
Built on a stable foundation, real estate can supplement your income and keep your boat afloat in a rather affluent manner, if we may say so.
But managing it can be a hassle. So how does the hassle go and the ease come in? That’s where Starlit Suites presents a viable solution.
Starlit Suites – a hassle-free investment for the busy individual
One-of-a-kind 3-star serviced hotel apartments in India, Starlit Suites are the resounding yes to the question posed in the title of this blog.
Being one of the leading real estate companies in Kolkata, we, along with Zion Realty, have undertaken the initiative to bring Starlit Suites to the city, to present to you an innovative way to invest and earn.
What are serviced hotel apartments?
These are fully furnished studio or 1BHK apartments tailor-made as stopovers for the corporate person on the go. More affordable than hotels, they present a viable option for lengthy business trips. But their real benefit lies in you owning them.
Serviced hotel apartments can be purchased and rented out, helping you earn a handsome interest on your investment. What’s more, you don’t have to manage or maintain the property on your own, thereby taking that burden off your shoulders.
Currently, Starlit Suites has been running successfully in a host of cities such as Bangalore, Cochin, Delhi and Pune among others. It’s recently touched base in Kolkata with our help, offering commercial spaces for rent you can use to supplement your income with.
How Starlit Suites works – the mode of operation
Conveniently located in the IT hub of the city, Rajarhat, Starlit Suites works on a very simple aim – to maximize your earnings. Let us explain how –
- You invest in a fully furnished serviced apartment
- It’s owned by you but maintained and operated by Starlit Suites, so that’s where the hassle ends
- There’s a split even 50:50 sharing of gross revenue between you and Starlit Suites
- The income earned by Starlit Suites is divided proportionally among all investors, so even if your apartment is not rented, you still earn
So if you’re on the internet right now with another tab open searching for “property for sale in Kolkata”, you’d want to give Starlit Suites a shot. You could end up earning more than you spend.
How Starlit Suites ensure earnings
Starlit Suites Group (the parent organization behind this innovation) has tie-ups with 200+ leading MNCs including Fortune 500 ones such as Dell, TCS, Cisco, Wipro, Infosys etc.
Plus, it’s located in the IT hub of Kolkata as we mentioned before. Both of these work to ensure you always get a tenant. And even if you don’t, you still earn your chunk of Starlit Suites’ overall income.
No fuss, just high returns for you
“Landlords grow rich in their sleep.”
– John Stuart Mill, English Philosopher & Political Economist
Well, if you’re investing in Starlit Suites, you can count upon the truth of this maxim. Here’s what you can earn with Starlit –
- Earn between Rs. 30,000 and Rs. 50,000 per month on an investment of Rs. 34.47 lakhs for studio apartment
- Earn between Rs. 45,000 and Rs. 80,000 per month on an investment of Rs. 55.89 lakhs for 1BHK
- That brings your initial earnings up to 7%-10%, going up to 16% per annum from the 15th year onwards
- That’s 3 times more than regular flats and 2 times more than Fixed Deposits
- All with zero maintenance or hassle
Now that’s what we call high-return, hassle-free investment! Investing in Starlit Suites is a smart way to supplement your primary income, have a backup income source, and enjoy a steady stream of earnings so you can retire early. If you want to know more about this rewarding investment opportunity, get in touch with us! You can start earning as soon as May 2022.
Note – Starlit Suites, Kolkata is currently registered under the name “Avaasa”.