A total of 139 residential transactions has been registered so far for Ashar Merac, amounting to ₹ 142 Cr till January 2026.

Introducing Ashar Merac, a luxurious residential project located in the heart of Shree Nagar, Thane. With its strategic location, the project offers unparalleled connectivity to key destinations like LBS Marg, Thane Ghodbunder Road, and Eastern Express Highway, making it an ideal choice for those seeking a perfect blend of comfort and convenience. Designed to provide a luxurious living experience, the project boasts a range of amenities including a gymnasium, power backup, 24x7 security, reading room/library, and rainwater harvesting, ensuring a comfortable and eco-friendly lifestyle.
The residential project features spacious and meticulously designed 1, 2, and 3 BHK apartments, offering breathtaking views of the surroundings. Each apartment is equipped with modern specifications, ensuring a seamless blend of form and function. The project is designed to provide ample natural light and ventilation, making it an ideal choice for those seeking a healthy and peaceful living environment. Whether you are a young professional, a family, or an individual seeking a luxurious retreat, Ashar Merac has something to offer.
Whether you re looking for a relaxing retreat or a vibrant community, Ashar Merac has it all. With its premier location, world-class amenities, and luxurious living spaces, this project is poised to become the new benchmark for residential living in Shree Nagar, Thane. Don t miss this opportunity to be a part of a unique living experience make Ashar Merac your new home today.
Available Unit OptionsThe following table outlines the available unit options at Ashar Merac:
| Unit Type | Area (Sq. Ft.) | Price (Rs.) |
| 1 BHK Apartment | 390 | 82.00 Lac |
| 1 BHK Apartment | 420 | 90.00 Lac |
| 2 BHK Apartment | 596 | 1.27 Cr |
| 2 BHK Apartment | 625 | 1.35 Cr |
| 3 BHK Apartment | 830 | 1.77 Cr |
In resale we have 17 properties available ranging from 1 BHK to 3 BHK having price from 78.00 L to 1.71 CR.
| Listing Type | Total Listings | Unit Type Range | Price Range |
| Resale | 17 | 1 BHK - 3 BHK | 78.00 L - 1.71 CR |
A total of 139 residential transactions has been registered so far for Ashar Merac, amounting to ₹ 142 Cr till January 2026.
During Q4'2025, average property prices for Ashar Merac moved from ₹ 21,900/sqft to ₹ 22,550/sqft, reflecting a 2.97% rise.
During Q3'2025, average property prices for Ashar Merac moved from ₹ 21,000/sqft to ₹ 21,900/sqft, reflecting a 4.29% rise.
During Q2'2025, average property prices for Ashar Merac moved from ₹ 19,950/sqft to ₹ 21,000/sqft, reflecting a 5.26% rise.
A new Phase, Tower/Building Name: ASHAR MERAC PHASE 3, launched under RERA No. P51700079691. ranging from 151 to 2433 Square feet with targeted completion by 31-Dec-2031.
A total of 558 out of 818 launched units have been booked as of December 2024.
A total of 268 out of 716 launched units have been booked as of October 2024.
A total of 166 out of 716 launched units have been booked as of August 2024, including 79% of 2 BHK TYPE 1(92 out of 116 units), 61% of 3 BHK TYPE 1(74 out of 122 units).
ASHAR MERAC PHASE I, officially launched on 31-May-2024 and expected to complete by 31-Dec-2028. Registered under RERA No. P51700056361. The project comprises 3 towers and offers 818 residential units, with unit sizes ranging from 388 to 797 Square feet with total area of 3.69 Acre.
The Ashar Merac master plan features three distinct residential towers: JOY Tower D1, EDEN Tower D2, and BLISS Tower D3. No total land area, number of units, or project dates are presented in this plan.
The plan designates areas for residential towers and integrates various amenity zones across different levels. The Savannah is located at the ground level, while The Oasis and The Club are situated on the podium level. The Nest is positioned on the 20th level of a tower, indicating a multi-tiered approach to amenity placement.
| Master Bedroom-Walls | Acrylic Emulsion |
| Master Bedroom-Flooring | Vitrified Tiles |
| Other Bedrooms-Flooring | Vitrified Tiles |
| Walls | Acrylic Emulsion |
| Living Area-Flooring | Vitrified Tiles |
| Fittings & Fixtures | Air Conditioner Fittings |
| Bathroom | Shower Panel, Premium Bath Fittings, Exhaust Fan |
| Structure | RCC Frame Structure |
| Schools Near by Ashar Merac | |
|---|---|
| Wees English High School | 0.40 KM |
| Chhatrapati Shivaji School | 1.38 KM |
| Bharatratna Indira Gandhi School | 1.50 KM |
| Nes International School | 1.72 KM |
| Smt Indira Gandhi School | 1.73 KM |
| Dav International School | 1.88 KM |
| P K Road Municipal School | 2.16 KM |
| Mahakavi Kalidas Natyamandir | 2.21 KM |
| Reinxavior English High School | 2.43 KM |
| Sheth Karamshi Kanji English School | 2.61 KM |
| Bus Stops Near by Ashar Merac | |
|---|---|
| Santoshi Mata Mandir Mulund | 1.14 KM |
| Mpchowk Mulund Mulund W Check Naka Bus Station R Mall | 1.24 KM |
| Municipal School Mulund | 1.37 KM |
| Ceremonial Hall Yogi Hills | 1.44 KM |
| Esishospital Mulund | 1.59 KM |
| Johnson Company Mulund | 2.10 KM |
| Mulund Court | 2.38 KM |
| Vidyaben Gardi School | 2.46 KM |
| Wamanrao Muranjan Vidyalaya | 2.69 KM |
| Jain Mandir Mulund East | 2.70 KM |
| Hospitals Near by Ashar Merac | |
|---|---|
| Dr Redkar Maternity & Nursing Home | 1.25 KM |
| Padmashree Nursing Home | 1.25 KM |
| Joshi Surgical Hospital | 1.25 KM |
| Veena Care Hospital | 1.26 KM |
| Urvashi Hospital | 1.28 KM |
| Chirag Multi Speciality Hospital | 1.29 KM |
| Platinum Hospitals Mulund | 1.39 KM |
| Dumping Road Municipal Dispensary | 1.40 KM |
| Deendayal Upadhyay Mahanagarpalika Dispensary | 1.40 KM |
| Shree Krishna Maternity & Child Care Hospital | 1.47 KM |
| ATMs Near by Ashar Merac | |
|---|---|
| Icici Bank | 0.19 KM |
| Kotak Mahindra Bank | 0.20 KM |
| State Of India | 0.26 KM |
| Axis Bank Atm | 0.32 KM |
| Icici Bank | 0.34 KM |
| Canara Bank | 0.34 KM |
| Axis Bank | 0.41 KM |
| Icici Bank | 0.46 KM |
| Axis Bank | 0.51 KM |
| Canara Bank | 0.51 KM |
| Banks Near by Ashar Merac | |
|---|---|
| Equitas Small Finance Bank | 0.65 KM |
| Icici Bank Thane Ashar It Park | 0.83 KM |
| State Bank Of India Wagle Circle | 0.98 KM |
| Kotak Bank | 1.15 KM |
| Bandhan Bank | 1.16 KM |
| Catholic Syrian Bank | 1.20 KM |
| Tjsb Sahakari Bank Ltd | 1.30 KM |
| Canara Bank | 1.43 KM |
| Hdfc Bank | 1.47 KM |
| Hdfc Bank | 1.60 KM |
| Temples Near by Ashar Merac | |
|---|---|
| Maramma Temple | 4.16 KM |
| Shankar Mandir | 4.53 KM |
| Aryaneshwar Mandir | 6.12 KM |
| Shri Sankalp Ganesh Mandir | 7.34 KM |
| Sai Temple | 7.48 KM |
| Shree Sai Mandir | 7.57 KM |
| Ambe Mataji Mandir | 7.64 KM |
| Shankar Mandir | 7.84 KM |
| Shree Sumatinath Jain Mandir | 7.86 KM |
| Sankat Mochan Hanuman Mandir | 7.88 KM |
| Shopping Malls Near by Ashar Merac | |
|---|---|
| R Mall | 1.14 KM |
| Croma Mulund Mumbai | 1.42 KM |
| Eternity Mall | 1.76 KM |
| New Style Remix | 1.91 KM |
| Korum Mall | 2.14 KM |
| Kumar Shopping Mall | 2.20 KM |
| Jay Commercial Plaza | 2.27 KM |
| Neptune Uptown | 2.37 KM |
| Sant Jalaram Bappa Market | 2.39 KM |
| Stalwartbusinessservicellp | 2.87 KM |
| Parks Near by Ashar Merac | |
|---|---|
| Drbabasaheb Ambedkar Playground | 1.40 KM |
| Lala Tulsiram Udyan | 1.96 KM |
| Tarabai Modak Udyan | 2.31 KM |
| Bmc Park | 2.61 KM |
| Sambhaji Park | 2.84 KM |
| Bmc Park | 3.07 KM |
| Huttatma Madanlal Dhingra Uddhyan | 3.14 KM |
| Viceroy Park | 3.25 KM |
| Shree Raghvendra Swami Dhyan Udyan Kridangan Pratibha Pratisthan | 3.38 KM |
| Dev Jyot Pyramid Centre | 3.66 KM |
| Mosques Near by Ashar Merac | |
|---|---|
| Islampura Masjid | 1.59 KM |
| Gaibanshah Masjid | 3.56 KM |
| Sunni Mohammadiya Jama Masjid | 3.59 KM |
| Qadariya Sunni Jama Masjid Zakariya Compound | 3.68 KM |
| Mansoori Mosque | 3.69 KM |
| Pathan Colony Masjid | 6.23 KM |
| Gausiya Masjid | 7.49 KM |
| Sunni Jama Masjid | 7.89 KM |
| Dargah Masjid | 7.90 KM |
| Anjuman Masjid | 8.07 KM |
| Post Offices Near by Ashar Merac | |
|---|---|
| Sri Guru Nanak Darbar Chhotta Gurdwara | 1.92 KM |
| Shree Amijhara Adinath Swetamber Jain Derasar | 1.98 KM |
| Naupada Post Office | 2.20 KM |
| Mulund Colony Sub Post Office | 2.21 KM |
| Post Office Mulund West | 2.34 KM |
| Gokhale Road Sub Post Office | 2.40 KM |
| Jekegram Sub Post Office | 2.47 KM |
| Nehru Road Sub Post Office | 2.63 KM |
| Thane R.s Sub Post Office | 3.10 KM |
| Thane Bazar Sub Post Office | 3.14 KM |
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Connecting Roads - Ashar Merac
Shree Nagar is a popular residential area located in Mumbai, India. It is a well-developed locality with good connectivity, excellent infrastructure, and a wide range of amenities. The locality is well-connected to the rest of the city through the Western and Central Railway lines. The area has a good real estate market, with a wide range of properties available. Apartments, villas, and independent houses are some of the options available
Properties in Ashar Merac & Top Sellers
Ashar Group, a renowned real estate developer based in Thane, Mumbai, has established itself as a prominent name since its establishment in 2001. With a firm belief that execution and quality are the foundations of success in the real estate industry, Ashar Group ensures uncompromising values, customer-centric approach, robust engineering, and transparent business operations.Recognized as one of the most sought-after real estate brands in both the residential and commercial segments,
The project is approximately 1.5 km away from LBS Marg.
Ashar Merac offers amenities like 24x7 security, rainwater harvesting, and well-planned apartments with vitrified tiles flooring.
We don t have the RERA details available at the moment.
The flooring in master bedrooms is vitrified tiles, while in other bedrooms it is also vitrified tiles.
The bathrooms feature shower panels, premium bath fittings, and exhaust fans.
The Ashar Group has developed a total of 27 projects.
The available unit options include 1 BHK apartments (390-420 sq. ft.), 2 BHK apartments (596-625 sq. ft.), and 3 BHK apartments (830 sq. ft.).
Yes, the project has easy access to Eastern Express Highway and is close to LBS Marg and Thane Ghodbunder Road, making it an ideal location for commuters.
The price range of the available units is 78.00 L - 1.71 CR.
This website is only for the purpose of providing information regarding real estate projects in different geographies. Any information which is being provided on this website is not an advertisement or a solicitation. The company has not verified the information and the compliances of the projects. Further, the company has not checked the RERA* registration status of the real estate projects listed herein. The company does not make any representation in regards to the compliances done against these projects. Please note that you should make yourself aware about the RERA* registration status of the listed real estate projects.
*Real Estate (regulation & development) act 2016.