Resale and rental stock live in this buildingMahaRERA P51700056361

Thane West · Mumbai

Ashar Merac

Thane West · by Ashar Group

Registered project name

Ashar Merac Phase I

Updated Sep 2026

Thane WestPhotos from the project record · tap to enlarge

838

Units

2029

Possession

Buildings

Certificate Signed

Status

A first look at Ashar Merac

Ashar Merac is a residential project in Thane West, Mumbai 400604. It is registered with MahaRERA under P51700056361 (registered 2024-05-31). The project has 838 units across 3 buildings of up to 42 floors. It offers 1, 2 & 3 BHK homes. The quoted rate is about ₹21,900 per sq ft. MahaRERA proposed possession: Apr 2029.

Resale and rental stock live in this building.

4 for sale in this building right now, listed below.

Other wings & phases: Ashar Merac Phase 3

Property listings in Ashar Merac

For sale

₹3.58 Cr

4 BHK · 1342 sq.ft carpet · Thane West

₹2.25 Cr

3 BHK · 830 sq.ft carpet · Thane West

₹1.68 Cr

2 BHK · 664 sq.ft carpet · Thane West

₹1.10 Cr

1 BHK · 444 sq.ft carpet · Thane West

Ashar Merac floor plans

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

About Ashar Merac

Location

Ashar Merac is located in 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

The MahaRERA registration number is P51700056361, issued on 31 May 2024. The registered promoter is Ajay Pratap Ashar. The filing lists 3 wings: ASHAR MERAC TOWER D1 with 238 units over 42 floors; ASHAR MERAC TOWER D2 with 306 units over 38 floors; ASHAR MERAC TOWER D3 with 294 units over 36 floors. Per the registration, the architect on record is Joshi Deshaware Associates and the project escrow account is with ICICI Bank Ltd.

Construction and possession

MahaRERA progress reports show construction has not started yet on any of the 11 tracked stages. Proposed possession is Apr 2029.

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.

Developer's description ▾

Discover tranquillity and leisure at the Ashar Merac in Mulund West, where you can enjoy amenities such as an azure pool, green sit-outs, hammock gardens, and a multi-purpose court for various activities. Experience luxury and natural tranquility at The Nests located on the 20th level, offering panoramic hill views and a dedicated yoga studio. Each residence at Ashar Merac features modern specifications including vitrified flooring, powder-coated aluminum sliding windows, a video door phone in the living room, a kitchen with stainless steel sink, granite platform, provisions for a water purifier and MGL piped gas, an anti-skid flooring bathroom with branded CP fixtures and exhaust fan, and a bedroom with vitrified flooring and powder-coated aluminium sliding windows. Common amenities include a grand entrance lobby, fire tower, biometric access, rainwater harvesting, organic waste management, CCTV surveillance, and more.

Price vs Locality

₹21,946

/sqft · Thane West rate-band mid-point ₹30,000

27% 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 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

2026

2027

2028

2029

2030

Metro & infrastructure near Ashar Merac

🚇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

💬 Get the detailed report on WhatsApp 📞 Talk to us

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 ₹21,946/sqft — 10% above resale here.

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

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price

1 BHK390–418 ft²₹86 L–₹92 L

2 BHK596–638 ft²₹1.31 Cr–₹1.4 Cr

Bhjk638 ft²₹1.4 Cr

3 BHK800 ft²₹1.76 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 2029

Project status

New

MahaRERA No.

P51700056361

Data last updated

Sep 2026

Registered

2024-05-31

Escrow Bank

ICICI BANK LIMITED

Architect

Joshi Deshaware Associates

Total FSI

71,824

Buildings · 3 wings

838 units

238306294

ASHAR MERAC TOWER D1 · 42 fl · 238 u

ASHAR MERAC TOWER D2 · 38 fl · 306 u

ASHAR MERAC TOWER D3 · 36 fl · 294 u

Location

📍 Ashar Merac, Thane West

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

Aggregate area of recreational Open SpaceCommunity BuildingsElectrical meter room, sub-station, r…Energy managemcntFire protection and fire safety requi…Internal Roads & FootpathsLandscaping & Tree PlantingSewerage (Chamber, Lines, Septic Tank…

+6 more ▾

Solid Waste Management And DisposalStorm Water DrainsStreet LightingTreatment And Disposal Of Sewage And …Water SupplyWater conservation /Rain water harvesting

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.

💬 Ask about resale or rental options

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

Full rates

Property Rates ▸

More by Ashar Group

Shree SuryodayaGhatkopar East · Under Construction Sajay Naumi ShreshtAndheri West · Under Construction Sajay Business HubAndheri East · Under Construction Sajay Avenue 92Ghatkopar East · Under Construction Avenue 18Bandra East · Under Construction NavrozeBandra West · Sold Out

MahaRERA projects nearby in Thane West

Jagdale Edge611 units Rustomjee La Vie Wing D518 units Lodha Amara Tower 24 And 25460 units Veer Hills441 units Kashish Park Tower C-1345 units Rustomjee La Vie Wing C318 units RUSTOMJEE VERDANT VISTAS WING B264 units DOSTI WEST COUNTY - PHASE 5 - DOSTI OLIVE - WING A198 units RUSTOMJEE VERDANT VISTAS WING A192 units One Wagle170 units Cosmos Enclave Bldg-Jasmine164 units Dream Paradise150 units

Next steps — clarity before you step out

📄 Request e-brochure & floor plansShared on WhatsApp once you tell us your requirement 📅 Book a site visitPick a day — an MPE advisor accompanies you 🎥 Book a video walkthroughIn association with the developer: a briefing and full video walkthrough with their sales team on Google Meet, Teams or WhatsApp video — hosted by an MPE advisor, so you have clarity before you step out of the house

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 located?

Ashar Merac is in Thane West, Mumbai 400604.

When is possession of Ashar Merac?

As per MahaRERA, proposed possession is Apr 2029.

Is Ashar Merac RERA-registered?

Yes — MahaRERA registration P51700056361, registered 2024-05-31.

How many units does Ashar Merac have?

MahaRERA records 838 units across 16 buildings, up to 42 floors.

Who is the developer of Ashar Merac?

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?

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.

A first look at Ashar Merac

Property listings in Ashar Merac

Ashar Merac floor plans

About Ashar Merac

Location

MahaRERA record

Construction and possession

Developer track record

Buyer demand in Thane West

Price vs Locality

Upcoming projects & infrastructure in Thane West

Thane West — resale, rent & yield

Unit Configurations (per MahaRERA)

RERA record & possession

Buildings · 3 wings

Location

Construction progress

Amenities

Talk to our MahaRERA advisor

Thane West market context

Property Rates in Thane West

Resale Flats for Sale in Thane West

Flats for Rent in Thane West

Commercial for Sale in Thane West

Commercial for Lease in Thane West

Commercial Projects in Thane West

More by Ashar Group

MahaRERA projects nearby in Thane West

Next steps — clarity before you step out

Frequently Asked Questions

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