MahaRERA · the public record
ASHAR MERAC PHASE I
SHREE NAGAR WAGLE ESTATE · AJAY PRATAP ASHAR
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Registration read 12 Jul 2026Progress & dates
The timeline on file.
Available record
No construction trend to plot.
The records used for this page do not supply a series of construction percentages. This does not establish whether possession has been given.
declared completion
31 Dec 2028
The registered date and a construction update answer different questions. Neither is a confirmation of possession.
MahaRERA registration · read 12 Jul 2026
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MahaRERA · P51700056361
Delivery and registration
When is the project declared for completion?
ASHAR MERAC PHASE I is registered with MahaRERA as P51700056361 and the promoter has declared completion for 31 Dec 2028.
31 Dec 2028
declared completion
27months to go
against the declared date
The completion date and status as they stand on the MahaRERA registration record.
Source · MahaRERA project registration · read 12 Jul 2026
| MahaRERA registration | P51700056361 |
| Registered on | 31 May 2024 |
| Promoter-declared completion | 31 Dec 2028 |
| Current status | Certificate Signed |
| Against today | 27 months to the declared date |
Approvals and compliance
What compliance filings are on record?
MahaRERA's defaulter and deregistration lists and the quarterly-progress filing for ASHAR MERAC PHASE I record 12 quarterly progress reports since registration.
12quarterly filings
Entries as they appear on MahaRERA's own lists and the project's progress filing.
Source · MahaRERA defaulter, deregistration and QPR lists · read 12 Jul 2026
- Current QPR default — the promoter has stopped filing the mandatory quarterly progress report (FY 2025-2026).
Promoter record
What else is this promoter on record for?
Ajay Pratap Ashar is the promoter of record on 43 projects registered with MahaRERA, 8 of which carry a MahaRERA regulator flag (insolvency, deregistration, completion lapse or QPR default).
43projects
registered with MahaRERA
8flagged
by MahaRERA
Counted across Quietlist's full MahaRERA register store, matched on the promoter name as it appears on each filing.
Source · MahaRERA register, all projects · read 12 Jul 2026
Sales
How much has actually been sold?
In ASHAR MERAC PHASE I, 449 of 571 homes filed with MahaRERA are recorded as sold or booked, about 79%, and 122 remain available.
79%sold
449 of 571 homes
Counts as the promoter filed them at the last compliance date; this is the filed inventory, not current availability.
Source · MahaRERA sold/unsold inventory filing · read 12 Jul 2026
No units are declared mortgaged, reserved, investor-held or not-for-sale in this inventory filing.
Sales
Are registered sale-agreement prices available?
No registered sale-agreement price is recorded for ASHAR MERAC PHASE I in the MahaRERA project file.
Not available
This is what the record does not contain, not a value of zero.
Source · MahaRERA project file · checked 12 Jul 2026
Buildings & Wings
The buildings and wings registered under this project, with each tower's sanctioned height and declared completion date. Here the tallest tower rises to G+41 and 571 homes are registered across the project.
| Building | Wings | Floors | Homes | Declared completion |
|---|---|---|---|---|
| ASHAR MERAC TOWER D1 | 1 | G+41 | 237 | - |
| ASHAR MERAC TOWER D2 | 1 | G+37 | 298 | - |
| ASHAR MERAC TOWER D3 | 1 | G+35 | 36 | - |
Unit mix on the filing: 567 residential and 4 non-residential (shops/offices).
Complaints
No buyer complaints were on this project's MahaRERA record at the time of reading.
Location, Land & Connectivity
Located at SHREE NAGAR WAGLE ESTATE, 22 ASHRAM ROAD, Thane, Thane, 400604. Per the filed land record, the plot is bounded to the north by PRIVATE PLOT- MIDC ROAD, to the south by NALA, to the east by FIS SCHOOL AND ASHAR ESTATE S NO 412-2 AND 426 and to the west by NALA-RESIDENTIAL STRUCTURES S NO 422 AND 423. These are the boundaries as recorded in the filed land record.