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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Resale and rental stock live in this buildingMahaRERA P51700007389

Thane West · Mumbai

Ashar Sapphire

Kapurbawadi Junction,Next to Vijay Sales,Ghodbunder Road, Thane West · by Ashar Group

Updated Sep 2026

206
Units
2021
Possession
1
Buildings
Certificate Signed
Status

A first look at Ashar Sapphire

Ashar Sapphire is a residential project on Kapurbawadi Junction,Next to Vijay Sales,Ghodbunder Road, Thane West, Mumbai 400604. It is registered with MahaRERA under P51700007389 (registered 2017-08-17). The project has 206 units across 1 building of up to 33 floors. It offers 2, 3 & 4 BHK homes with carpet areas of 557–965 sq ft. The quoted rate is about ₹8,400 per sq ft. MahaRERA proposed possession: Dec 2021, revised to Dec 2019.

Resale and rental stock live in this building.

6 for sale · 1 for rent in this building right now, listed below.

Availability & Pricing

TypeCarpetPriceAvail
2 BHK557 ft²On request
2 BHK565 ft²On request
2 BHK640 ft²On request
2 BHK648 ft²On request
3 BHK813 ft²On request
4 BHK965 ft²On request

Prices not recently confirmed. Prices are indicative, subject to change and to reconfirmation with the developer.

💬 Request latest price on WhatsApp

Available now in Ashar Sapphire

6 for sale · 1 for rent · our live listings, dated and reconfirmed on WhatsApp

For sale
For rent

Ashar Sapphire floor plans

2
Ashar Sapphire, Thane West — floor plan 1Ashar Sapphire, Thane West — floor plan 2

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

About Ashar Sapphire

Location

Ashar Sapphire is located on Kapurbawadi Junction,Next to Vijay Sales,Ghodbunder Road, Thane West (Mumbai 400604). Across 41 recent resale listings on MPE, homes in Thane West have a median asking rate of ₹21,800 per sq ft, and a 2 BHK typically rents for about ₹60,000 a month.

MahaRERA record

Ashar Sapphire is registered with MahaRERA under P51700007389, dated 17 August 2017. The registered promoter is Ms Ashar Ventures. The filing lists 1 wing: ASHAR SAPPHIRE AND GALLERIA over 33 floors. According to MahaRERA, the architect on record is Ms Jd And Associates and the project escrow account is with ICICI Bank Ltd.

Homes and prices

Configurations recorded are 2 BHK of 557–648 sq ft; 3 BHK of 813 sq ft; 4 BHK of 965 sq ft (carpet area). Prices are indicative and should be reconfirmed with the developer before booking.

Construction and possession

The latest MahaRERA progress report shows foundation at 100%, structure at 100%, finishing at 100%, services at 100%. Proposed possession is Dec 2021, revised to Dec 2019.

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 Central Park, NMS 17 West, One 8 One.

Buyer demand in Thane West

In the last 90 days, buyers and tenants registered 30 requirements for Thane West with Mumbai Property Exchange, 10 of them to buy and 13 specifically for 2, 3 & 4 BHK homes.

Developer's description ▾
Ashar Sapphire is one of a kind residential space offering that gives limitless living opportunity in affordable homes. These residences give the best of urban and suburban living within the budget of a family. Designed aesthetically, they provide maximum space for movement within and outside the residences. Located away from the rush and noise of a city side, Ashar Sapphire offers a splendid opportunity to find happiness in your everyday life.

Price vs Locality

₹8,400
/sqft · Thane West rate-band mid-point ₹30,000
72% below mid-point

Upcoming projects & infrastructure in Thane West

take an informed decision

189 MahaRERA projects are due to hand over in Thane West between 2026 and 2030; the nearest upcoming infrastructure to Ashar Sapphire is the Line 4 Green, 0.8 km away (under construction · due 2027).

189
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
61
2028
56
2029
32
2030
Metro & infrastructure near Ashar Sapphire
  • 🚇Line 4 GreenUnder construction · due 20270.8 km
  • 🚇Borivali-Thane TunnelUnder construction · due 20281.0 km
  • 🚇Line 5 OrangeUnder construction · due 20273.4 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
₹21,800/sqft
median · 41 listings
Rent
₹99.9/sqft/mo
2 BHK ~₹60,000/mo
Gross yield
5.5%/yr
rent vs resale value

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

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
Shop And309–347 ft²₹26 L–₹29 L
Shop298–443 ft²₹25 L–₹37 L
2 BHK557–649 ft²₹47 L–₹55 L
3 BHK813 ft²₹68 L
4 BHK966 ft²₹81 L
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)
Dec 2021
Possession (revised)
Dec 2019
MahaRERA No.
P51700007389
Data last updated
Sep 2026
Registered
2017-08-17
Escrow Bank
ICICI BANK LIMITED
Architect
Ms Jd And Associates
Total FSI
13,914

Buildings · 1 wing

ASHAR SAPPHIRE AND GALLERIA · 33 fl · — u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation100%
Structure100%
Finishing100%
Services100%
See all 11 stages ▾
Basement (if any)100%
Excavation100%
External plumbing and external plaster, elevation, completion of terr…100%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…100%
Plinth100%
Podiums (if any)100%
Sanitary Fittings within the flats / premises100%
Slabs of Super Structure100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …100%
Stilt Floor100%

Amenities

15
AREA TO THANE MUNICIPAL CORPORATIONAggregate area of recreational Open SpaceElectrical meter room, sub-station, r…Energy managemcntFire protection and fire safety requi…GYM RECREATIONAL AREALandscaping & Tree PlantingMECHANIZED PARKING SYSTEM
+7 more ▾
Open ParkingSWIMMING POOLSewerage (Chamber, Lines, Septic Tank…Storm Water DrainsTreatment 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

Resale Flats for Sale in Thane West

4

Flats for Rent in Thane West

4

Commercial for Sale in Thane West

1

Commercial for Lease in Thane West

1

Commercial Projects in Thane West

More by Ashar Group

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 Sapphire located?

Ashar Sapphire is on Kapurbawadi Junction,Next to Vijay Sales,Ghodbunder Road, Thane West, Mumbai 400604.

What configurations and carpet areas does Ashar Sapphire offer?

2 BHK – 557 sq ft carpet; 2 BHK – 565 sq ft carpet; 2 BHK – 640 sq ft carpet; 2 BHK – 648 sq ft carpet; 3 BHK – 813 sq ft carpet; 4 BHK – 965 sq ft carpet.

When is possession of Ashar Sapphire?

As per MahaRERA, proposed possession is Dec 2021, revised to Dec 2019.

Is Ashar Sapphire RERA-registered?

Yes — MahaRERA registration P51700007389, registered 2017-08-17.

How many units does Ashar Sapphire have?

MahaRERA records 206 units across 13 buildings, up to 33 floors.

Who is the developer of Ashar Sapphire?

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

How many new projects are coming up in Thane West?

189 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 Sapphire?

Line 4 Green — under construction · due 2027, 0.8 km away; Borivali-Thane Tunnel — under construction · due 2028, 1.0 km away; Line 5 Orange — under construction · due 2027, 3.4 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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