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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
SOLD OUTCompleted/historical project — current inventory unconfirmedMahaRERA P51700007507

Thane West · Mumbai

Ashar Metro

Pokhran Road 1, Vartak Nagar, Thane West · by Ashar Group (Shree Saibaba Grihanirmiti Private Limited)

Updated Oct 2026

229
Units
2024
Possession
1
Buildings
Certificate Signed
Status
SOLD OUT
Ashar Metro is sold out by the developer.We can check resale and rental flats in this building for you.
See resale & lease in this building →

A first look at Ashar Metro

Ashar Metro is a residential project on Pokhran Road 1, Vartak Nagar, Thane West, Mumbai 400606. It is registered with MahaRERA under P51700007507 (registered 2021-09-09). Ashar Metro is sold out by the developer; ask MPE for resale or rental flats in this building. The project has 229 units across 1 building of up to 32 floors. It offers 1 & 2 BHK homes with carpet areas of 471–632 sq ft. MahaRERA proposed possession: Dec 2024.

Completed/historical project — current inventory unconfirmed.

Ask an advisor to check current resale or rental availability.

Unit configurations filed with MahaRERA (2)
ConfigurationCarpetIndicative Price
1 BHK395–450 ft²₹79 L–₹90 L
2 BHK447–487 ft²₹90 L–₹98 L
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

Ashar Metro floor plans

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

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

About Ashar Metro

Location

Ashar Metro stands on Pokhran Road 1, Vartak Nagar in Thane West, Mumbai 400606. Across 2508 recent resale listings on MPE, homes in Thane West have a median asking rate of ₹21,600 per sq ft, and a 2 BHK typically rents for about ₹55,000 a month.

MahaRERA record

Ashar Metro is registered with MahaRERA under P51700007507, dated 9 September 2021. The registered promoter is Shree Saibaba Grihanirmiti Private Limited. The filing lists 1 wing: ASHAR METRO TOWERS A AND B WING over 32 floors. According to MahaRERA, the architect on record is Design Consortium Architects India Pvt Ltd and the project escrow account is with ICICI Bank Ltd.

Homes and prices

Homes on offer are 1 BHK of 471 sq ft at ₹91 Lac; 2 BHK of 632 sq ft at ₹1.32 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹19,300–₹20,900 per sq ft of carpet, 3% below the locality's resale median. Prices are indicative and should be reconfirmed with the developer before booking.

Construction and possession

The latest MahaRERA progress report shows foundation at 64%, structure at 90%, finishing at 60%, services at 65%. Proposed possession is Dec 2024.

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 Anupama, Mehr, Naman Fifty Eight.

Buyer demand in Thane West

In the last 90 days, buyers and tenants registered 51 requirements for Thane West with Mumbai Property Exchange, 18 of them to buy and 19 specifically for 1 & 2 BHK homes.

Developer's description ▾
Ashar Metro is a Residential Project developed by the Ashar Group. It is located at Thane West. Ashar Metro enjoys a prime location in Majiwade, Thane West, which is already well-developed and offers excellent connectivity to the rest of Thane. It's close to major roads, railway, metro, and bus stations, making it convenient for daily commuting. The neighbourhood provides plenty of shopping options and other daily necessities. The Project has 3 wings A,B and C. Basement + Ground + 1st floor offices + 2nd floor podium + 27 habitable floor. B wing offers 2 BHK Residences. 8 flats per floor with 2 passenger lift and 1 service lift. C wing has 1 BHK. 8 flats per floor with 2 passenger lift and 1 service lift. 300 ft highrise tower. Exclusive floor for exotic luxury indulgences. Cloud 9 Rooftop Lounge 300ft. above ground. Ultra modern amenities on Podium level as well as on Rooftop(Terrace).

Thane West market

prices, rents & rates

Price vs locality

₹20,103
/sqft · Thane West rate-band mid-point ₹30,000
33% below mid-point

Thane West — resale, rent & yield

Resale
₹21,600/sqft
median · 2508 listings
Rent
₹68.8/sqft/mo
2 BHK ~₹55,000/mo
Gross yield
3.8%/yr
rent vs resale value

This project is quoted around ₹20,103/sqft — 7% below resale here.

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

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

Upcoming projects & infrastructure in Thane West

take an informed decision

212 MahaRERA projects are due to hand over in Thane West between 2026 and 2030; the nearest upcoming infrastructure to Ashar Metro is the Line 4 Green, 1.5 km away (under construction · due 2027).

212
MahaRERA projects handing over in the next 5 years
in Thane West
₹22,700/sqft▲
typical asking price
rising this quarter
₹14,700/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
33
2027
67
2028
62
2029
40
2030
Metro & infrastructure near Ashar Metro
  • 🚇Line 4 GreenUnder construction · due 20271.5 km
  • 🚇Line 5 OrangeUnder construction · due 20271.5 km
  • 🚇Borivali-Thane TunnelUnder construction · due 20281.9 km
📜 5,365 registered transactions (IGR) on record in Thane West. Fresh registration data can be procured, subject to our discussion and engagement. Take an informed approach — know the right value, don't just get swayed by the marketing guys!
Ask for registered transactions ›
Questions about Thane West prices?

Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Thane West, then an advisor calls about your budget and configuration.

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

RERA record & possession

Possession (proposed)
Dec 2024
Possession (revised)
Dec 2024
MahaRERA No.
P51700007507
Data last updated
Oct 2026
Registered
2021-09-09
Escrow Bank
ICICI BANK LIMITED
Architect
Design Consortium Architects India Pvt Ltd
Total FSI
26,737

Buildings · 1 wing

ASHAR METRO TOWERS A AND B WING · 32 fl · — u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation64%
Structure90%
Finishing60%
Services65%
See all 11 stages ▾
Excavation100%
Slabs of Super Structure90%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …90%
Basement (if any)80%
Plinth80%
External plumbing and external plaster, elevation, completion of terr…60%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…60%
Sanitary Fittings within the flats / premises60%
Stilt Floor60%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…40%
Podiums (if any)0%

What you pay, and when

an example

This 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 · 632 sq ft at ₹1.32 Cr (the price recorded above).

Due soon after booking~₹39.6 L30%, stages already done
Balance till possession~₹92.4 Las the last stages finish
Stamp duty + GST~₹7.9 L + ₹6.6 L6% + 5%, plus ~₹30,000 registration
  1. ○ Plinth complete45% paid by then
  2. ○ Slabs complete70% paid by then
  3. ○ Walls, plaster & flooring75% paid by then
  4. ○ Sanitary fittings80% paid by then
  5. ○ Staircases, lift wells & lobbies85% paid by then
  6. ○ Lifts, pumps, plumbing & elevation95% paid by then
  7. ○ Possession100%

With a home loan: banks usually fund up to 75% (₹99.0 L here), released stage by stage, so your own money is about ₹33.0 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 ₹85,900/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 advisor

Amenities

20
BARBEQUE AREA WITH PARTY DECKElectrical meter room, sub-station, r…FLOWER GARDENFire protection and fire safety requi…JOGGING TRACKLandscaping & Tree PlantingOPEN AIR GYMREFLEXOLOGY PATH
+12 more ▾
SENIOR CITIZENS CORNERSKATING RINKSKY LOUNGE AREASUN DECKSewerage (Chamber, Lines, Septic Tank…Solid Waste Management And DisposalStorm Water DrainsTURF NET CRICKETTreatment And Disposal Of Sewage And …Water SupplyWater conservation /Rain water harvestingYOGA AND MEDITATION DECK

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

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 (Shree Saibaba Grihanirmiti Private Limited)

MahaRERA projects nearby in Thane West

Frequently Asked Questions

Where is Ashar Metro located?

Ashar Metro is on Pokhran Road 1, Vartak Nagar, Thane West, Mumbai 400606.

What is the price of Ashar Metro?

Ashar Metro is sold out by the developer; ask MPE for resale or rental flats in this building.

What configurations and carpet areas does Ashar Metro offer?

1 BHK – 471 sq ft carpet; 2 BHK – 632 sq ft carpet.

When is possession of Ashar Metro?

As per MahaRERA, proposed possession is Dec 2024.

Is Ashar Metro RERA-registered?

Yes — MahaRERA registration P51700007507, registered 2021-09-09.

How many units does Ashar Metro have?

MahaRERA records 229 units across 19 buildings, up to 32 floors.

Who is the developer of Ashar Metro?

Ashar Group (Shree Saibaba Grihanirmiti Private Limited) — 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 Metro?

Line 4 Green — under construction · due 2027, 1.5 km away; Line 5 Orange — under construction · due 2027, 1.5 km away; Borivali-Thane Tunnel — under construction · due 2028, 1.9 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 2026-10-06). 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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