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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517✓ RERA-verified project dataWe reply in minutes on WhatsApp
A
ASHAR MERAC PHASE I✓ MahaRERA P51700056361✓ Clear

Ashar Merac Phase I by Ajay Pratap Ashar

📍 Shree Nagar Wagle Estate, Thane · 400604
818
Units
2028
Possession
3
Buildings
Certificate Signed
Status
PB
Pooja Batra · Senior Advisor
Mumbai Property Exchange · MahaRERA-registered since 2017
📞 Call💬 WhatsApp

Gallery

ASHAR MERAC PHASE I
i

Overview

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 · locality avg ₹30,000
27% below avg

Thane West — resale, rent & yield

Resale
₹21,800/sqft
median · 43 listings
Rent
₹96.7/sqft/mo
2 BHK ~₹60,000/mo
Gross yield
5.3%/yr
rent vs resale value

This project is quoted around ₹21,946/sqft1% above resale here.

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

01

Possession Timeline

Proposed
Dec 2028
Status
New
02

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).
💬 I'm looking to buy here — enquire on WhatsApp
03

RERA Trust Record

MahaRERA No.
P51700056361
Registered
2024-05-31
Litigation
None on record
Escrow Bank
ICICI BANK LIMITED
Architect
Joshi Deshaware Associates
Total FSI
71824
04

Buildings · 3 Wing(s)

Ashar Merac Tower D142 floors · — units
Ashar Merac Tower D238 floors · — units
Ashar Merac Tower D336 floors · — units
05

Land DNA · Genesis

Redevelopment / SRA / MHADA / MMRDA / Freehold — provenance from MPE's verification layer. The genesis no portal shows.
06

Location

📍 Shree Nagar Wagle Estate
0.000000000000000,0.000000000000000
▸ Explore map & Street View — for verified buyers
09

Construction Progress

0% avg
Basement (if any)0%
Excavation0%
External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing.0%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale.0%
Installation of lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings to Common Areas, electro, mechanical equipment, Compliance to conditions of environment /CRZ NOC, Finishing to entrance lobby/s, plinth protection, paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to Obtain Occupation /Completion Certificate0%
Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises0%
Internal walls, Internal Plaster, Floorings within Flats/Premises, Doors and Windows to each of the Flat/Premises0%
Overall Percentage of Completion of the work done For the entire Building /Wing0%
Plinth0%
Podiums (if any) 0%
Sanitary Fittings within the Flat/Premises,Electrical Fittings within the Flat/Premises0%
Sanitary Fittings within the flats / premises0%
Slabs of Super Structure0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks0%
10

Amenities

Aggregate area of recreational Open SpaceCommunity BuildingsElectrical Meter Room, Sub-Station, Receiving StationEnergy managementFire Protection And Fire Safety RequirementsLandscaping & Tree PlantingSewerage (Chamber, Lines, Septic Tank , STP)Solid Waste Management And DisposalStorm Water DrainsStreet LightingTreatment And Disposal Of Sewage And Sullage WaterWater Conservation, Rain water HarvestingWater Supply
12

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.

💬 Enquire about this project on WhatsApp
13

EMI Calculator

08

Property Rates in Shree Nagar Wagle Estate

Residential · Sale
₹15,000–45,000/sqft
Commercial · Sale
₹15,000–45,000/sqft
2 BHK · Rent
₹45,000–100,000/mo
09

Resale Flats for Sale in Shree Nagar Wagle Estate

4
Hill View₹90.0 L
1 BHK · 650 sqft
Hill View
📍 Thane West
Piramal Vaikunth₹1.45 Cr
2 BHK · 568 sqft
Piramal Vaikunth
📍 Thane West
Amizra₹2.75 Cr
3 BHK · 1565 sqft
Amizra
📍 Thane West
Sheth Avalon₹5.30 Cr
4 BHK · 1722 sqft
Sheth Avalon
📍 Thane West
10

Flats for Rent in Shree Nagar Wagle Estate

4
Dosti West County - Dosti Cedar₹50,000/mo
3 BHK
Dosti West County - Dosti Cedar
📍 Thane West
Hiranandani Meadows₹1.3 L/mo
3.5 BHK · 1525 sqft
Hiranandani Meadows
📍 Thane West
Hiranandani Meadows₹58,000/mo
2.5 BHK · 788 sqft
Hiranandani Meadows
📍 Thane West
Rustomjee Urbaina Aurelia₹55,000/mo
2 BHK · 700 sqft
Rustomjee Urbaina Aurelia
📍 Thane West
11

Commercial for Sale in Shree Nagar Wagle Estate

3
Konar Business Park₹1.30 Cr
Office · 570 sqft
Konar Business Park
📍 Thane West
Neelkanth Greens₹85.0 L
Unit
Neelkanth Greens
📍 Thane West
Swastik Plaza₹1.80 Cr
Shop · 580 sqft
Swastik Plaza
📍 Thane West
12

Commercial for Lease in Shree Nagar Wagle Estate

2
Swastik Plaza₹50,000/mo
Office · 350 sqft
Swastik Plaza
📍 Thane West
Rosa Manhattan₹3.0 L/mo
Unit · 1000 sqft
Rosa Manhattan
📍 Thane West
13

Commercial Projects in Shree Nagar Wagle Estate

Codename Capital WorldUnder ConstructionJVM OdysseusUnder ConstructionJVM EquinoxUnder ConstructionJVM HiveUnder ConstructionSaptashree Global Tech CenterUnder ConstructionBSC IT ParkUnder Construction
14

More by Ajay Pratap Ashar

Shree SuryodayaGhatkopar East · Under ConstructionSajay Naumi ShreshtAndheri West · Under ConstructionSajay Business HubAndheri East · Under ConstructionSajay Avenue 92Ghatkopar East · Under ConstructionNaumi ShreshtaAndheri West · Under ConstructionAvenue 18Bandra East · Under Construction
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Frequently Asked Questions

When is possession of ASHAR MERAC PHASE I?

As per MahaRERA, proposed possession is Dec 2028.

Is ASHAR MERAC PHASE I RERA-registered?

Yes — MahaRERA registration P51700056361, registered 2024-05-31. No litigations on record.

Who is the developer?

Ajay Pratap Ashar — 7 projects tracked on Mumbai Property Exchange. View their track record ▸

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.

SOURCE · MAHARERA + MUMBAI PROPERTY EXCHANGE
INDEPENDENT DATA · RERA A51800043517 · EST. 1995
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