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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Primary inventory recordedMahaRERA P51700079691

Thane West · Mumbai

Ashar Merac 2

ROAD NO 22 (ASHRAM ROAD), Thane West · by Ashar Group

Updated Sep 2026

84
Units
2032
Possession
2
Buildings
Certificate Signed
Status

A first look at Ashar Merac 2

Ashar Merac 2 is a residential project on ROAD NO 22 (ASHRAM ROAD), Thane West, Mumbai 400604. It is registered with MahaRERA under P51700079691. The project has 84 units across 2 buildings of up to 35 floors. It offers 1, 2 & 3 BHK homes with carpet areas of 390–830 sq ft, priced ₹97 Lac–₹2.05 Cr as on 07 Aug 2026 (indicative). The quoted rate is about ₹24,900 per sq ft. MahaRERA proposed possession: Apr 2032.

Primary inventory recorded.

Ask an advisor to verify current developer inventory and price.

Other wings & phases: ASHAR MERAC PHASE I

Availability & Pricing

TypeCarpetPriceAvail
1 BHK390 ft²₹97 Lac—
2 BHK590 ft²₹1.55 Cr—
3 BHK830 ft²₹2.05 Cr—

Prices as on 07 Aug 2026. Approximate pricing as on that date. Prices are indicative, subject to change and to reconfirmation with the developer.

💬 Request latest price on WhatsApp

Ashar Merac 2 floor plans

1
Ashar Merac 2, Thane West — floor plan 1

Floor plans are indicative, as shared by the developer, and subject to change.

About Ashar Merac 2

Location

The address of Ashar Merac 2 is ROAD NO 22 (ASHRAM ROAD), Thane West, Mumbai 400604. Across 46 recent resale listings on MPE, homes in Thane West have a median asking rate of ₹19,885 per sq ft, and a 2 BHK typically rents for about ₹60,000 a month.

MahaRERA record

Ashar Merac 2 is registered with MahaRERA under P51700079691. The registered promoter is Ajay Pratap Ashar. The filing lists 2 wings: ASHAR MERAC TOWER E1 with 84 units over 35 floors; ASHAR MERAC TOWER E2 over 13 floors. According to MahaRERA, the architect on record is Joshi Deshaware And Associates and the project escrow account is with ICICI Bank Ltd.

Homes and prices

The price list covers 1 BHK of 390 sq ft at ₹97 Lac; 2 BHK of 590 sq ft at ₹1.55 Cr; 3 BHK of 830 sq ft at ₹2.05 Cr (carpet area), as on 07 Aug 2026. That works out to about ₹24,700–₹26,300 per sq ft of carpet, 25% above the locality's resale median. Prices are indicative and should be reconfirmed with the developer before booking.

Construction and possession

MahaRERA progress reports show construction has not started yet on any of the 11 tracked stages. Proposed possession is Apr 2032.

Developer track record

Ashar Group has 16 projects tracked on Mumbai Property Exchange, 12 of them delivered (ready or sold out). Other projects by the same developer include Shree Suryodaya, Sajay Naumi Shresht, Sajay Business Hub.

Buyer demand in Thane West

In the last 90 days, buyers and tenants registered 37 requirements for Thane West with Mumbai Property Exchange, 13 of them to buy and 16 specifically for 1, 2 & 3 BHK homes.

Price vs Locality

₹24,872
/sqft · Thane West rate-band mid-point ₹30,000
17% below mid-point

Upcoming projects & infrastructure in Thane West

take an informed decision

188 MahaRERA projects are due to hand over in Thane West between 2026 and 2030; the nearest upcoming infrastructure to Ashar Merac 2 is the Goregaon-Mulund Link Road (GMLR), 2.4 km away (under construction · due 2028).

188
MahaRERA projects handing over in the next 5 years
in Thane West
₹22,700/sqft▲
typical asking price
rising this quarter
₹16,100/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Thane West by possession year
10
2026
30
2027
60
2028
56
2029
32
2030
Metro & infrastructure near Ashar Merac 2
  • 🚇Goregaon-Mulund Link Road (GMLR)Under construction · due 20282.4 km
  • 🚇Line 4 GreenUnder construction · due 20272.4 km
  • 🚇Line 5 OrangeUnder construction · due 20272.4 km
  • 🚇Borivali-Thane TunnelUnder construction · due 20283.3 km
📜 5,365 registered transactions (IGR) on record in Thane West, and we pull the latest registrations on request. Know what flats here actually transacted at before you negotiate — take an informed decision.
Ask for registered transactions ›
In the full Thane West report

🔒 Units handing over each year · price by BHK · years to absorb supply · competing projects · infra impact on prices

Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.

Thane West — resale, rent & yield

Resale
₹19,885/sqft
median · 46 listings
Rent
₹99.9/sqft/mo
2 BHK ~₹60,000/mo
Gross yield
6.0%/yr
rent vs resale value

This project is quoted around ₹24,872/sqft — 25% above resale here.

From MPE live listings, last 18 months · Mumbai price index ›

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
2 BHK656–670 ft²₹1.63 Cr–₹1.67 Cr
3 BHK892–912 ft²₹2.22 Cr–₹2.27 Cr
Shop222–963 ft²₹55 L–₹2.4 Cr
4 BHK1,270 ft²₹3.16 Cr
Office161–2,440 ft²₹40 L–₹6.07 Cr
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

RERA record & possession

Possession (proposed)
Apr 2032
Project status
New
MahaRERA No.
P51700079691
Data last updated
Sep 2026
Registered
—
Escrow Bank
ICICI BANK LIMITED
Architect
Joshi Deshaware And Associates
Total FSI
55,832

Buildings · 2 wings

84 units
ASHAR MERAC TOWER E1 · 35 fl · 84 u
ASHAR MERAC TOWER E2 · 13 fl · — u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
🏗️ Not started yet — all 11 MahaRERA construction stages are at 0%.
See all 11 stages ▾
Basement (if any)0%
Excavation0%
External plumbing and external plaster, elevation, completion of terr…0%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…0%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…0%
Plinth0%
Podiums (if any)0%
Sanitary Fittings within the flats / premises0%
Slabs of Super Structure0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …0%
Stilt Floor0%

Amenities

20
Kids Play AreaClubhouseIndoor GamesMultipurpose HallMini TheatreGymnasiumJogging TrackYoga Room
+12 more ▾
SpaSports CourtCCTV24x7 SecurityVideo Door PhoneFire SafetyIntercomPower BackupParkingVisitor ParkingConcealed WiringConcealed Plumbing

Talk to our MahaRERA advisor

🏠 Discuss what you're looking for📍 Locality & project guidance🤝 Speak to a specialist

Tell our MahaRERA advisor what you need and they'll guide you on this project.

💬 Verify current project inventory

Thane West market context

Property Rates in Thane West

Residential · Sale
₹15,000–45,000/sqft
Commercial · Sale
₹15,000–45,000/sqft
2 BHK · Rent
₹45,000–100,000/mo

Resale Flats for Sale in Thane West

2

Flats for Rent in Thane West

4

Commercial for Sale in Thane West

1

Commercial for Lease in Thane West

2

Commercial Projects in Thane West

More by Ashar Group

Compare Ashar Merac Phase 3 with similarly priced projects nearby

MahaRERA projects nearby in Thane West

Next steps — clarity before you step out

Buying a home is not a quick decision. In association with developers, Mumbai Property Exchange sets up the video briefings, the site visits and the paperwork questions — so your homework is done before you commit an afternoon.

Frequently Asked Questions

Where is Ashar Merac 2 located?

Ashar Merac 2 is on ROAD NO 22 (ASHRAM ROAD), Thane West, Mumbai 400604.

What is the price of Ashar Merac 2?

1, 2 & 3 BHK homes are priced ₹97 Lac–₹2.05 Cr as on 07 Aug 2026, about ₹24,900 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Ashar Merac 2 offer?

1 BHK – 390 sq ft carpet at ₹97 Lac; 2 BHK – 590 sq ft carpet at ₹1.55 Cr; 3 BHK – 830 sq ft carpet at ₹2.05 Cr.

When is possession of Ashar Merac 2?

As per MahaRERA, proposed possession is Apr 2032.

Is Ashar Merac 2 RERA-registered?

Yes — MahaRERA registration P51700079691.

How many units does Ashar Merac 2 have?

MahaRERA records 84 units across 16 buildings, up to 35 floors.

Who is the developer of Ashar Merac 2?

Ashar Group — 16 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Thane West?

188 MahaRERA-registered projects in Thane West are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.

What metro and infrastructure is near Ashar Merac 2?

Goregaon-Mulund Link Road (GMLR) — under construction · due 2028, 2.4 km away; Line 4 Green — under construction · due 2027, 2.4 km away; Line 5 Orange — under construction · due 2027, 2.4 km away; Borivali-Thane Tunnel — under construction · due 2028, 3.3 km away. Timelines are as announced and can change.

How do I book or get more details?

Tap WhatsApp or Call below to speak with a Mumbai Property Exchange advisor — serving Mumbai since 1995 · RERA-registered since 2017.

Disclaimer. Information on this page is compiled from MahaRERA registrations, public infrastructure announcements, developer materials and Mumbai Property Exchange listings. Prices, availability, possession dates and infrastructure timelines are indicative, subject to change, and updated periodically (last updated 2026-09-20). This is not an offer or an advertisement by the developer; please verify all details with the developer and on MahaRERA before deciding. Mumbai Property Exchange, MahaRERA agent A51800043517.
Are you the developer and see something wrong? Report a correction on WhatsApp — we verify and update.
SOURCE · MAHARERA + MUMBAI PROPERTY EXCHANGE
INDEPENDENT DATA · RERA A51800043517 · EST. 1995
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