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Real Estate Development

Starlit has wide network of associates in India to identify land holdings suited to the needs of different projects. Starlit Core Team has deep experience and knowledge based on issues regarding Titles, Zoning, Change of land Use and so on. Starlit has in-house capabilities to undertake end to end transaction of land acquisition though its team so that ready land parcels with accompanying approvals are handed over to the promoters.

(i) Construct Sell/ Lease

Starlit has developed and co-developed medium sized real estate projects in Residential, Commercial and Industrial segments. In line with our Philosophy, the focus on these projects has always been:

  • Initial low outlays on land 
  • Deep understanding of the end-user market 
  • Customizing the brick and mortar end product to fill-in a felt need of a customer segment. 
  • Quick implementations and Exit

Some Starlit led projects include: -

a) Doon Metro Mall : (Baddi, H.P) A first organized shopping mall in the growing Industrial town of Baddi. It is a four-storied Shopping Mall with over 80 Shops, Show Rooms, Food Court & Kiosks.

b) Doon Apartments : Similarly right behind the Doon Metro Mall, a Residential Complex designed for 48 flats with modern features & fixtures was built and sold.

Starlit Team correctly read impact of the boom of Government Policy change on Property market in the area. We conceived, built & sold the project before the bigger realtors could fathom the opportunity, which had unfolded.

c) Apna Ghar Apartments : At the lower end of Spectrum, Starlit started a unique initiative to build 252 low cost houses on solely private basis for industrial workmen in Baddi, Himachal Pradesh. It took ingenious Engineering planning and persuasion before the Government to get special approvals for the project, which had huge social content while being also viable for the Company.

d) Factory Premises, Stockyards & Ware Houses : Starlit has built and leased out customized factories and stockyards for industries like:- 

  • Hindustan Lever Ltd. - Carrying and Forwarding Facility 
  • Balsara (Now Dabur) - Factory Producing Odonil, Sanifresh 
  • Bharat Aluminum Company Ltd. - Warehousing of Aluminum Products 
  • National Aluminum Co. Ltd. (Nalco) - Warehouse of this Government Company for Aluminum Products 
  • Alkem Laboratories - Pharma Manufacturing Unit 
  • Ind-Chemie Laboratories - Pharma Manufacturing Unit 
  • Albinopharma - Pharma Manufacturing Unit 
  • Chrysalis Plasso - Factory of Toiletry Products 
  • Rajni Packaging - Factory of Packaging Material 
  • Vishrut Packaging Pvt. Ltd. - Factory premises stockyards and warehouses. 
  • Balaji Udyog 
  • Crest Health Care 
  • JMD Power Coaters Origami Tissues

e) Starlit has been a pioneer in setting up the first ever private sector Engineering College in the state of Himachal Pradesh (30 acres, 75,000 Sq ft) in the year 2001. The college run by a non-profit Society was the first independent initiative of the founder of Starlit Mr. SACHIN SHRIDHAR; the CMD of STARLIT was the founding Chairman of the college.

 

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