What is Getaway Collective?Getaway Collective is an Indian platform through which people own retreats together. Each estate is held by its own limited liability partnership (LLP); investors buy units in that LLP and become its partners, with a share of its distributions, a vote on its decisions and nights at the estate once it is built. Getaway Collective governs each partnership but holds no equity in any of them, and Sensory Getaways operates the estates.
Who founded Getaway Collective?Nikhil Deshpande. As founder he sets the standard every estate is designed, built and governed to, and signs the decisions that make it binding, each one written down and dated, such as the choice of a steel structure at Seaside Confluence. He also holds the separation at the centre of the platform: Getaway Collective governs each estate's partnership, Sensory Getaways operates the estates, and neither is the owner. The partners are.
Does Getaway Collective own the properties?No. Each estate is held by its own LLP, and the LLP is owned by its partners. Getaway Collective governs the partnership, keeps its records and runs its votes, but it holds no equity and no economic interest in any estate. That separation is entrenched in the terms: it can change only by a unanimous vote of the partners, so the party setting the rules can never profit from bending them.
What do investors own?Units in one estate's LLP. Each unit is a fixed share of that partnership, priced in the estate's offering letter, and each estate sets the least and the most one partner may hold. Your units carry three things, in proportion to their number: a share of distributions when there are any, voting weight on resolutions, and nights at the estate from handover. Units are not shares in Getaway Collective, and not in any other estate.
Is it a timeshare?No. A timeshare sells weeks of use and nothing more. A unit is equity in the partnership that holds the estate: you share in its distributions, vote on its decisions, and can sell your units after the lock-in. Nights come with that ownership, in proportion to what you hold; they are a benefit of owning, not a separate product, and they are not priced or sold on their own.
How do I begin?Sign in with an email address: no password, no documents, and nothing to pass. Every estate, its drawings and its figures are open to you from there. When you find an estate you want, hold your units online with a holding deposit, refundable in full until you sign. KYC runs alongside at your own pace and is complete before you sign the LLP agreement and settle your units. The three steps, in full.
What is the holding deposit?₹1,00,000, the same at every estate whatever the number of units you intend to take. It is paid online, to the estate's own LLP rather than to Getaway Collective, and holds your units while the rest is completed with Investor Relations: the identity checks, the balance of the unit price and the Vehicle Agreement. It is refundable in full until that agreement is signed. It buys nothing on its own and makes nobody a partner.
Where are the estates?All in Karnataka. Solace is at Chikkaballapur, in the Nandi Hills corridor, about two hours from Bengaluru. Seaside Confluence is at Padubidri on the Udupi coast, between the Arabian Sea and a river estuary. SlowSpace Creek and Coffee Fields Forever lie about 1.8 km apart in Kodagu, among coffee. Three more are in the pipeline: Nine Hills in the Sakleshpur hills, Wildwood at Aranthodu in Dakshina Kannada, and Tidal Club at Yermal on the Udupi coast.
Who runs the estates?Sensory Getaways, the operating partner. It runs each estate day to day under a Commercial Services Agreement with that estate's LLP, is measured against agreed Service Levels, and is paid from the first stage of the waterfall. Its duties run to the partnership, so the partners, through their votes, hold it to the agreement. At Seaside Confluence a separate food partner is being chosen by tender.
Who designs the estates?The architect is Karthik Shanbhogue. Manjunath & Co. design the structures, and Addya designs the building systems, mechanical, electrical and plumbing: water, power, drainage and air, planned for each estate's climate. Building information modellers bring every discipline into one coordinated model per estate, so clashes are found on a screen rather than on site. The estates share three architectural systems, called Ridge, Expanse and Voyager.
How are decisions made?By the partners, voting in proportion to what each holds, never one vote per head. An ordinary resolution needs more than 50% of the holdings present and voting; a special resolution needs at least 76% of all holdings; entrenched principles, such as Getaway Collective holding no equity, need every partner. A tie fails. Partners holding 20% or more can call a meeting, which must be held within 21 days.
How long does accreditation take?Signing in takes one email and no documents, and you can read every estate straight away. The checks that follow run alongside your reading rather than in front of it: a short suitability questionnaire opens the full offering documents, with a decision within 15 working days of a complete submission, and KYC (identity, address, tax residency, source of funds, documents and screening) can be done at your own pace. Every stage saves as you go, and all of it is complete before you sign.
Can units be sold?Yes, after the lock-in, which is typically 36 months from financial close. There is no public market: you post units on a noticeboard that existing partners see first, and nothing guarantees a buyer or a price. A buyer from outside the partnership needs the consent of partners holding a majority, and must complete the same identity checks. During the lock-in, units move only on a partner's death or with every partner's consent.
Is capital at risk?Yes. Capital is at risk, and no return is guaranteed by any party, including Getaway Collective, the operating partner and the sponsor. Estates carry construction and delivery risk, bank debt is repaid before partners, income depends on occupancy that has not yet been observed, and units cannot be sold quickly. The Risk Factors set it out in full.