Ulhas Villas, Chail
- AVA001184Ulhas Villas (Ulhas Vilas), Near Junga/Koti, Chail, Shimla District, Himachal Pradesh, India
Ulhas Villas, Chail
- AVA001184Ulhas Villas (Ulhas Vilas), Near Junga/Koti, Chail, Shimla District, Himachal Pradesh, India
Ulhas Villas, Chail is a fractional-ownership Himalayan holiday-home destination by Brikkitt, set within an approximately 100-bigha integrated luxury & wellness estate near Chail (Shimla district), Himachal Pradesh. Own a 1/11th fraction (a 'BRIK') of a fully-furnished 1, 2 or 3 BHK residence, professionally managed as part of a premium hospitality ecosystem anchored by a 5-star Wyndham wellness resort. Entry from ₹14,24,363 for a 1/11th share of a 1 BHK (whole-unit price ₹1,56,66,000). Possession targeted March 2028, with a projected 16–18% target IRR and 6–8% target rental yield. Prices are inclusive of furnishing, GST, stamp duty/registration and charges as per the developer's cost bifurcation; a 5% booking amount applies. Ulhas Villas sits in the forested hills near Chail and Shimla - away from the crowds yet well connected - offering spacious, low-loading 1, 2 and 3 BHK layouts with premium specifications and thoughtfully designed interiors. The wider destination blends luxury hospitality, wellness and nature: ayurvedic and multi-cuisine dining, an indoor pool, a Zen fitness & spa, yoga and meditation decks, curated wellness experiences and guided forest walks, all professionally managed. Brikkitt (the fractional-ownership platform) structures ownership as 11 fractions ('BRIKs') per residence, so owners hold a registered share of a specific home and share managed rental income while enjoying personal usage.
Property Details
- Micro-market
- Chail (Junga/Koti), Shimla District
- Configuration
- Fractional Holiday Home (1/2/3 BHK)
- Property Type
- Fractional Investment
- Built-up Area
- 1,000 sq ft
- Status
- Under Construction
Project Timeline
Key milestones for this project, updated as the developer confirms them.
Project announcement
Booking Started
Construction Started
Expected Completion
To be announced soon
Available Properties
Project variants for under-construction developments - unit types, sizes, starting prices and possession dates.
Inventory Type
| Variant | Size | Starting Price | Possession | CTA |
|---|---|---|---|---|
| 1 BHK | 728 sq ft | ₹14.24 L | Under Construction | |
| 2 BHK | 1,104 sq ft | ₹20.64 L | Under Construction | |
| 3 BHK | - | ₹35.11 L | Under Construction |
Property Information
- Community: Chail, Himachal Pradesh
- Project Name: Ulhas Villas, Chail
- Listing Price: ₹14.24 L
- List Date: Sep 19, 2026
- Days on Market: 0
- Listing ID: AVA001184
- Status: Under Construction
- Project Area: ~100 bigha (approx 12.4 acres) acres
- Construction Type: Fractional-ownership Himalayan holiday-home residences (1/2/3 BHK) within a wellness destination
- Security: 24x7 security
- Power Backup: 100% power back-up
- Fireplace: Fireside lounge spaces
- Flooring: Kajaria tiles; local Kath-Kuni-inspired finishes
- Heating: Centralised hot water supply
- Kitchen: Modular kitchen with Carysil hob/chimney, granite counter
- Exterior: Contemporary + traditional Himalayan (Kath-Kuni) architecture
- Foundation: Earthquake-resistant RCC framed structure (ACC block walls)
- Parking: Free covered parking
- Pool: Indoor swimming pool; private plunge pools (3 BHK duplexes)
Legal Information
Indicative legal & tax information based on available documents; verify with your lawyer before transacting.
- RERA Applicable
- Yes
- Occupancy Certificate
- No
- Authority
- HP RERA (Real Estate Regulatory Authority, Himachal Pradesh)
- Fire NOC
- No
- RERA Number
- HPRERASHI2023068/P
Can you own this, and how?
Ownership rights depend on three things: the type of asset, where it sits, and who you are as a buyer. Here is the framework for this property, before you speak to a lawyer.
I am buying as:
- Status
- Permitted, securities, not land
- What you actually hold
- This is not land law. In a fractional deal you almost always hold securities, either shares or debentures in a special purpose vehicle, an LLP interest, or units in a SEBI registered small and medium REIT. You do not hold the building. Your name does not appear on the title deed. The SPV or the REIT trust is the registered owner.
- Key rules and restrictions
- An unregulated fractional platform gives you no regulator to complain to if the sponsor fails.
- A small and medium REIT is regulated by SEBI, has a minimum subscription of Rs 10 lakh per investor and a scheme size of at least Rs 50 crore.
- A small and medium REIT must hold at least 95% of scheme assets in completed and revenue generating property.
- Exit depends on someone buying your share. A private SPV share has no ready market.
- Funds and process
- Domestic funds into the SPV or the REIT scheme. Read the shareholders agreement for the drag along, tag along and exit waterfall before you wire anything.
- Taxes
- Returns arrive as dividend, interest or rent share and are taxed by their character, not as property income. Gains on unlisted shares held over 24 months are long term. Units of a listed small and medium REIT follow the REIT taxation rules, so run the numbers with a chartered accountant.
- Verify before you buy
- Ask whether the vehicle is SEBI registered and get the registration number.
- Read the title report on the underlying asset, not just the brochure.
- Check who controls the decision to sell and on what majority.
Buyer orientation, not legal advice. Ownership rules change and turn on specifics. Confirm with a qualified lawyer in India before you commit.
Investment Information
- Type: Brikkitt fractional ownership (1/11 'BRIK') of a furnished Ulhas Villas holiday home, Chail (Junga/Koti, Shimla dist., HP). Managed hospitality (Ayurvyaas / Wyndham 5-star wellness ecosystem); owner personal usage + guaranteed-lease / rental income. Target IRR 16-18%, target rental yield 6-8% (developer projections). Possession March 2028. Whole-unit prices: 1BHK Rs 1,56,66,000 / 2BHK Rs 2,27,01,760 / 3BHK Rs 3,86,25,430; fractions 1/11 thereof.
- Owner Usage: Personal usage + managed rental / guaranteed lease
- Capital Appreciation: 16-18% target IRR%
- Property Tax Jurisdiction: India
- Model: Professional hospitality management (Ayurvyaas / Wyndham wellness ecosystem)
- Scope: Housekeeping
- Scope: Room service
- Scope: Security & maintenance
- Scope: Rental management
Location
Ulhas Villas (Ulhas Vilas), Near Junga/Koti, Chail, Shimla District, Himachal Pradesh, India
- Airport: Chandigarh Airport - 122 km
- Railway: Chandigarh Railway Station - 107 km
- Highway: National Highway 5 - 30.2 km
- Hospital: Baba Mod Hospital - 8 km
- Grocery: Chail Market - 7.5 km
Nearby Attractions
Fine-grained ratings and travel times for popular spots nearby.
| Rating | Attraction | Type | Best Time to Visit | Distance |
|---|---|---|---|---|
| 8 / 10 | Chail Palace | Heritage Hotel | Early morning or late evening | 0 km |
| 8.2 / 10 | Chail Cricket Ground | Landmark | Throughout the year | 1 km |
| 8.8 / 10 | Chail Wildlife Sanctuary | Sanctuary | May to July | 1 km |
| 9.6 / 10 | Kali ka Tibba | Temple | Sunrise and Sunset | 2 km |
| 8 / 10 | Sadhupul Lake | Lake | Morning or evening | 4 km |
| 9 / 10 | Gurudwara Sahib | Gurudwara | - | 15 km |
Ownership economics
Will this home pay for itself?
1Buy
What you pay to own it.
2Earn
What it brings in as a holiday rental.
3Grow
What it could be worth.
Social Infrastructure
Key education, healthcare, and dining amenities near this property.