News
Ashar Group Launches ‘Ashar Merac’ in Shree Nagar, MTC (Mumbai Thane Corridor)
Thane, June 6, 2024: Ashar Group announced the launch of ‘Ashar Merac,’ located in ShreeNagar, also known as the Mulund Thane Corridor (MTC).
‘Ashar Merac’ is spread over 11 acres, with phase one covering 4 acres. Upon completion, this project will feature over 2000 residential units, says a press release issued by the company.
Designed by architect Hafeez Contractor, Ashar Merac comprises 1, 2, and 3-bedroom residences.

Ajay Ashar, Chairman of Ashar Group, said, “Ashar Merac is not just a residential project; it is a statement of our dedication to creating spaces that enhance the quality of life. We believe this development will set new benchmarks in luxury living in Thane. This development embodies our ‘Promises Delivered’ commitment, offering residents a holistic lifestyle that effortlessly combines urban sophistication with natural beauty. Perfectly positioned at the border of Thane and Mulund, it provides residents with close proximity to nature while offering excellent connectivity to surrounding localities and the Mumbai Metropolitan Region.”

“We are thrilled to launch Ashar Merac, a project that reflects our enduring commitment to quality and excellence. Designed for luxury living within a gated community, Ashar Merac boasts world-class amenities.” said Ayushi Ashar, Director of Ashar Group. “Returning to ShreeNagar, MTC where it all began for us, is incredibly meaningful and exciting. With this project we will be delivering over 25 lakh sq. ft. of premium real estate over the course of the next 5 years”
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