Heavenly tale wrong about this place (8)
I believe the answer is:
ethereal
'heavenly' is the definition.
(similar in meaning)
'tale wrong about this place' is the wordplay.
'wrong' indicates anagramming the letters.
'about' indicates putting letters inside.
'this place' becomes 'here' (here in this location).
'tale' anagrammed gives 'etal'.
'etal' enclosing 'here' is 'ETHEREAL'.
(Other definitions for ethereal that I've seen before include "Delicate - airy" , "Take ale there: it's light and delicate" , "Of the spirit" , "Celestial; insubstantial" , "Impalpable" .)