Ashar Group Launches Ambitious Rs 2000 Cr Thane Housing Project

Ashar Group's new project, Ashar Merac, in Thane will feature 1, 2, and 3 BHK apartments designed by architect Hafeez Contractor, with a revenue potential of Rs 2000 crore.

Ashar GroupThane Real EstateMahareraHafeez ContractorResidential ProjectReal Estate MaharashtraJun 13, 2024

Ashar Group Launches Ambitious Rs 2000 Cr Thane Housing Project
Real Estate Maharashtra:The Mumbai Metropolitan Region-based Ashar Group has announced the launch of its flagship housing project, Ashar Merac, in the Shree Nagar area of Thane. Spread across 11 acres, the project will comprise three towers with 2,000 units, boasting a revenue potential of Rs 2,000 crore.

The project will be developed in phases, with the first phase featuring two towers of 35 floors and 36 floors, respectively. The apartments will be available in 1, 2, and 3 BHK configurations, designed by renowned architect Hafeez Contractor. The project's completion deadline, as set by the Maharashtra Real Estate Regulatory Authority (MahaRERA), is 2028.

According to local brokers, the prevailing per sq ft price in this micro-market ranges between Rs 18,000 and Rs 20,000, depending on the project's amenities and social infrastructure.

Ashar Group is a leading real estate developer in the Mumbai Metropolitan Region, known for its commitment to delivering high-quality residential projects. With a strong focus on customer satisfaction, the group has established itself as a trusted name in the industry.

Ashar Group is a prominent real estate developer with a strong presence in the Mumbai Metropolitan Region. The company is dedicated to creating landmarks that redefine the urban landscape, with a focus on quality, sustainability, and customer satisfaction.

Frequently Asked Questions

What is the location of Ashar Merac project?

The project is located in the Shree Nagar area of Thane.

Who is the architect behind Ashar Merac?

The project is designed by renowned architect Hafeez Contractor.

What is the completion deadline of the project?

The project's completion deadline, as set by MahaRERA, is 2028.

What is the revenue potential of the project?

The project has a revenue potential of Rs 2,000 crore.

What are the types of apartments available in the project?

The project offers 1, 2, and 3 BHK apartments.

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