By Tara Devi's Group & Mariners Realty (DMET Club)
Kufri, Shimla District, Himachal Pradesh
₹7.50 Cr Onwards
The Downtown Kufri will be launched as a luxury mixed-use commercial and holiday residential complex jointly presented by Tara Devi's Group and the real estate arm of the elite DMET Club, Mariners Realty, on 17th May 2026 during the 2nd Mariners Capital Conclave at IIT Delhi Research and Innovation Park. Located in Kufri, Himachal Pradesh at a distance of approximately 12-20 km from Shimla on NH-5, the landmark development is expected to attract large-scale domestic and international tourism with high Average Room Rates (ARR) throughout the year and high RevPAR. The residential portfolio is defined by studio apartments, luxury 1 BHK and luxury 2 BHK service suites, enjoying the scenic views of the valley and the snowscape. The project also offers 12 exclusive villas with the size ranging from 6454 sq. ft. to 9376 sq. ft.
It is one of the first bridges that have ever been created in the luxury real estate market of Himachal Pradesh that connects the high-net-worth real estate investors with the elite maritime and corporate world of the globe through the DMET Club network. The mixed-use approach of high-end luxury holiday homes and retail and experiential tourism facilities is especially developed to optimize the high Average Room Rates and Revenue Per Available Room characteristic of high-end boutique accommodation within the Kufri corridor. The Mariners Capital Conclave launch platform at IIT Delhi Research and Innovation Park is yet another indication of the institutional quality, investment credibility, and targeting of elite investors, which separates this development from the regular Himalayan residential project.
Downtown Kufri is located on the National Highway 5 in Kufri, Shimla District, in the lap of Himachal Pradesh, which is the historic Hindustan-Tibet Road, about 13-20 kms from Shimla, the state capital of Himachal Pradesh. Kufri is one of the most famous premium resort hill stations in India that is known for its alpine forests, thick snow trails, trek trails towards Fagu, adventure theme parks and world's highest go-kart track at Kufri Fun World. Throughout the winter, the area receives a regular snowfall making it a really popular holiday let area as well as luxury boutique areas. This entire corridor experiences robust rental demand year round from domestic and international tourists, with strong and consistent demand for premium properties.
Super area:
629 sq. ft.
Super area:
984 sq. ft.
Super area:
6454 sq. ft.
Super area:
9376 sq. ft.
The Downtown Kufri officially entered the pre-launch stage on 17 May 2026 at which point the possession timelines matched the local environmental norms and standard construction practices for luxury commercial-hospitality integrations in Shimla. Structural clearances were typical of the delays of 3 to 5 years from scheme initiation to completion, and are currently estimated at 2029 to 2030. Specific details of RERA Approval disclosures, project blueprints and Possession timelines are currently being informally made available by direct investor booking channels as a new development in the pre-launch process. Both the Group and the developer, Tara Devi, are well established and have been backed by a strong institutional backing for committed and credible delivery by the joint developer partnership.
green space
park
Power Backup
24X7 Security
The Downtown Kufri will be located in Kufri's high-end ultra-luxury commercial and hospitality real estate market, and will be available for purchase and direct investor rental bookings due to the project's newly announced pre-launch status. The typical range of standard base capital rates for premium Ultra Luxury Gated Resort property and Boutique Residences in Kufri is in between ₹7,000 to ₹13,000 per sq.ft. while the capital rates of studio and 2 BHK property ranges from ₹50 Lakhs to ₹1.5 Cr depending upon the view, floor and build quality. Early Pre-Lunch investors will have access to the most competitive entry rates prior to the announcement of formal launch rates in this one of Kufri's earliest institutional grade mixed-use luxury developments.
The Downtown Kufri is a prestigious joint venture between two unique organizations that have complementary resources for this iconic Himalayan project. With established expertise in delivering luxury residential projects in the Himalayas, Tara Devi's Group has proven its capabilities and will provide the development expertise along with a RERA compliant delivery.Tara Devi's Group is a proven real estate developer with a track record of delivering luxury residential projects in the Himalayas and will bring this experience to the table for this partnership. DMET Club's real estate investment arm, Mariners Realty, is an exclusive platform brought together by elite alumni of the Marine Engineering and Research Institute, focused on mentoring maritime professionals in corporate governance, asset management and lucrative investment opportunities in the fastest growing real estate sectors of India.
It is a pre-launch luxury mixed-use holiday and commercial development formally unveiled on 17 May 2026 at IIT Delhi.
Quick Overview of What Awaits You.
Important Highlights at a Glance.
The Perfect Spot to Call Home.
Visualize Your Dream Space.
Timelines to Turn Your Dreams Into Reality.
Indulge in Luxurious Comforts.
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Trusted Legacy Behind the Project.
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