Resort in Solan, Himachal Pradesh, India

- AVA000894

Solan, Himachal Pradesh, India

Price: AED 12.5MBeds: 1Baths: 0Sq. Ft.: 600/Sq. Ft.: AED 20,832/sq ft
Iconic Suites
RESORTListed by Avacasa
Street View

This is Himachal Pradesh's most anticipated 5-star hospitality investment — a 200-suite luxury hotel development perched on a commanding hilltop in Solan, offering sweeping 360° views of the surrounding mountain ranges. The project is developed by a group with over 17 years of market presence, 32 completed projects, and 14,000+ homes delivered — making it one of the most credible developers in the region. Operations are managed by a globally recognised hotel brand with 1,750 hotels, 1,55,000 rooms, and 45 years of hospitality legacy worldwide. Feasibility for the project has been independently verified by Colliers International, one of the world's leading real estate advisory firms, validating the rental income potential and occupancy assumptions.

Features & Amenities

Each 600 sqft luxury suite is part of a fully managed 5-star hotel ecosystem — owners enjoy the asset without the burden of management. The property features world-class hospitality infrastructure befitting a global 5-star operator: fine dining, spa, wellness, banqueting, concierge, and all associated hotel services. Owners receive 20 complimentary stay nights per year at the property, and a once-in-a-lifetime complimentary function worth ₹50 Lakhs — an extraordinary lifestyle privilege alongside the investment return. Investors also gain access to live occupancy rate data, giving full transparency on the asset's performance at any time.

Investment Highlights

Solan is strategically located in Himachal Pradesh's fastest-growing hospitality corridor — just 90 minutes from Chandigarh, making it accessible from one of North India's most affluent cities and its immediate catchment. The hilltop positioning and 360° mountain views make this property uniquely differentiated in a region where land for premium hospitality development is increasingly scarce. The project consistently targets 95–98% occupancy — a figure supported by strong leisure demand from Delhi-NCR, Chandigarh, and Punjab. Post-possession rental income at 65% occupancy is projected at approximately ₹1,21,875 per month per suite. Investors benefit from three simultaneous return streams: assured pre-possession rental income (9% p.a.), post-possession rental yield, and long-term brand-backed capital appreciation. With a globally recognised 5-star operator attached, the asset carries brand prestige that supports both valuation and rental resilience.

Nearby Attractions

Kasauli Hill Station (~30 km) | Dagshai Cantonment (~20 km) | Chail Wildlife Sanctuary (~35 km) | Timber Trail, Parwanoo (~25 km) | Chandigarh City (~90 min drive) | Shimla (~55 km)

Property Details

Micro-market
Solan
Configuration
1 BHK Suite
Property Type
Suite
Built-up Area
600 sq ft
Status
Under Construction

Available Properties

Project variants for under-construction developments — unit types, sizes, starting prices and possession dates.

Inventory Type

VariantSizeStarting PricePossessionCTA
Luxury Suite600 sq ftPrice on request

Property Information

  • Community: Solan, Himachal Pradesh
  • Project Name: Iconic Suites

  • Listing Price: ₹1.25 Cr
  • List Date: Mar 12, 2026
  • Days on Market: 38
  • Listing ID: AVA000894
  • Status: Under Construction

  • Pool: Communal Swimming Pool

Investment Information

  • Avg Occupancy: 96.5%

  • Type: Fully Managed
  • Owner Usage: 20 nights per year

  • Capital Appreciation: 8%

Location

Solan, Himachal Pradesh, India

  • Airport: Chandigarh Airport - ~67 km
  • Railway: Solan Railway Station
  • Highway: Kalka-Shimla National Highway-5

Nearby Attractions

Fine-grained ratings and travel times for popular spots nearby.

RatingAttractionTypeBest Time to VisitDistance
Kasauli Hill StationHill StationApril to June and September to November30 km
Dagshai CantonmentCantonment Town / Historical SiteMarch to June and September to November20 km
Chail Wildlife SanctuaryWildlife SanctuaryMarch to October35 km
8.4 / 10Timber Trail, ParwanooTourist AttractionMarch to June25 km
ShimlaCity / Hill StationMay to June and December to January46 km

Social Infrastructure

Key education, healthcare, and dining amenities near this property.

Education
InstitutionTypeDistanceNotes
Shoolini UniversityUniversity12 kmRanked the No. 1 Private University in India by QS World University Rankings 2025.
Jaypee University of Information TechnologyUniversity29 kmKnown for its engineering and technology programs.
The Lawrence School, SanawarSchool21 kmOne of Asia's oldest and most prestigious co-educational boarding schools.
Pinegrove SchoolSchool20 kmA well-regarded co-educational residential school.
Hospitals & Vet Clinics
HospitalTypeDistanceNotes
JP HospitalMulti-speciality HospitalProvides comprehensive healthcare with various specialties including pediatrics.
Navjeevan HospitalMulti-specialty HospitalA trusted multi-specialty healthcare facility serving for nearly two decades.
Shri Balmukand Apex HospitalMultispeciality HospitalOffers a range of specialized medical services.
Sai Sanjivni HospitalMulti-specialty Hospital0.1 kmA leading healthcare provider in the region since 1995.
Dining & Cafes
RestaurantRatingDistanceNotes
Haveli4.1Known for authentic Punjabi cuisine.
New Chanakya Restaurant4.4Offers a variety of North Indian dishes.
Himani Resorts Restaurant4.00.46 kmIn-house restaurant of the popular Himani Resorts.

Investment Calculator

Calculate your EMI, returns and investment potential

₹81,358.428

per month

20 years • 8.5% interest • Fixed rate

6%12%

₹81K

Monthly EMI

Principal & Interest
₹81K
Property Taxes
₹10K
Maintenance
₹10K

Investment Returns

8%

Expected ROI

0%

Rental Yield

Bank Interest Rates

SBI8.40% – 9.65%
HDFC8.60% – 9.50%

Investment Summary

Total Investment₹1.25 Cr
Down Payment₹31.25 L
Loan Amount₹93.75 L

This calculator is for illustrative purposes only.

Rental Yield Calculator

Calculate potential returns on rental property investments

How much do you want to invest?

₹1.25 Cr
₹1,000
65%
30%

Net Rental Yield

1.3%

Monthly Income

₹14K

Rental Breakdown

Total Investment₹125.00L
Gross Annual Rental₹2.37L
Management Fee- ₹0.71L
Net Annual Rental₹1.66L
Gross Yield1.9%
Net Yield1.3%
Payback Period75.3 years

This calculator is for illustrative purposes only. Actual returns depend on market conditions, property management, and occupancy.

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