Thane West · Mumbai
Ashar Merac 2
ROAD NO 22 (ASHRAM ROAD), Thane West · by Ashar Group
Registered project name
Ashar Merac Phase 3Updated Sep 2026
Thane WestPhotos from the project record · tap to enlarge
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.
Ask an advisor to verify current developer inventory and price.
Other wings & phases: ASHAR MERAC PHASE I
Availability & Pricing
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 WhatsAppUnit configurations filed with MahaRERA (5)
Ashar Merac 2 floor plans
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 49 recent resale listings on MPE, homes in Thane West have a median asking rate of ₹19,434 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, 28% 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 48 requirements for Thane West with Mumbai Property Exchange, 17 of them to buy and 22 specifically for 1, 2 & 3 BHK homes.
Thane West market
prices, rents & ratesPrice vs locality
Thane West — resale, rent & yield
This project is quoted around ₹24,872/sqft — 28% above resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Thane West
Upcoming projects & infrastructure in Thane West
take an informed decision212 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).
- 🚇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
🔒 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.
RERA record & possession
Buildings · 2 wings
84 unitsLocation
Construction progress
per MahaRERASee all 11 stages ▾
What you pay, and when
an exampleThis is just an example of the cash flows for buying a home, not a quote or a payment demand. Your agreement and the developer's schedule decide the actual amounts.
In an under-construction project, you don't pay everything on day one. Under the MahaRERA model agreement, the developer can only ask for money as each stage is finished: about 10% at booking, 30% at agreement, then more as the plinth, slabs, walls, fittings and lifts are done, and the last 5% at possession. The more a building is finished, the more you pay up front.
Example: 2 BHK · 590 sq ft at ₹1.55 Cr (the price recorded above).
- ○ Plinth complete45% paid by then
- ○ Slabs complete70% paid by then
- ○ Walls, plaster & flooring75% paid by then
- ○ Sanitary fittings80% paid by then
- ○ Staircases, lift wells & lobbies85% paid by then
- ○ Lifts, pumps, plumbing & elevation95% paid by then
- ○ Possession100%
With a home loan: banks usually fund up to 75% (₹1.16 Cr here), released stage by stage, so your own money is about ₹38.8 L plus stamp duty and GST. Until possession you pay interest only on what the bank has released; after that the full EMI is roughly ₹1.01 L/month (8.5%, 20 years).
Indicative only. Rates, GST (1% on affordable homes), loan eligibility and the stage schedule vary. Plan your cash flow with an advisor before you book.
💬 Talk through the numbers with an MPE advisorAmenities
20+12 more ▾
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 (Google Meet, Teams or WhatsApp video), the site visits and the paperwork questions — so your homework is done before you commit an afternoon.
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
2
Commercial Projects in Thane West
More by Ashar Group
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MahaRERA projects nearby in Thane West
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 22 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?
212 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.
