Shree Nagar - Hidden Valley of Mumbai at Mulund-Thane-Corridor

WELCOME TO

ShreeNagar

THE HIDDEN VALLEY OF MUMBAI -
MULUND-THANE CORRIDOR

A little known, hidden gem – ShreeNagar, as its known locally, is going to be the next hotspot of real estate and infrastructural development. A pristine new market, with plenty of upcoming opportunities and a complete lifestyle for its new citizens.

Poised between the greens of SGNP, the opportunities of Wagle Estate, the charm of Mulund & the City of Lakes, Thane – residents and businesses that become the first movers into this valley and absorb the ONLY new stock to be offered here will reap a windfall!

Allow us to help you believe!

WHAT IS MTC?

MTC, or the Mulund–Thane Corridor, locally known as Shree Nagar, is a 5 km emerging stretch in Eastern MMR set against the scenic backdrop of Yogi Hills.
MTC’s temperature is around 2°C cooler than that of LBS Marg and Ghodbunder Road.
Located at the foothills of SGNP, popularly considered as Wagle
Estate’s residential extension

WHERE IS MTC?

Nestled at the tip of Mulund, MTC enjoys serene views of the Sanjay Gandhi National Park.
Just a 2-minute drive from Wagle Estate, home to more than 1,000 businesses and over 15 million sq. ft. of business park.
Effortlessly connected, with Mulund Station just 2.7 km away and Thane Station 5 km away.

Why MTC?

MTC boasts a rich history and a promising future, supported by a blossoming market that has seen a 10%* CAGR and encourages a walk-to-work culture.
Upcoming infrastructure like the Thane Bypass Road (Shree Nagar to Ghodbunder Road) and the Twin Tube Tunnel (Tikuji-ni-Wadi to Borivali) will further enhance connectivity.
Home to Thane’s first international school – Finland International School (previously Billabong High International School).

Situated Amidst
A Confluence Of The Finest

A world of privileges will converge at Shree Nagar, where everything from picturesque mountains to bustling IT Parks fall within a 5 km radius. It is a haven where one can revel in the comforts of life while being nurtured by the abundance of nature.

Shree Nagar
A Vital Chapter

It was here that we launched our first residential project, Ashar Estate, back in 2001. We began our journey with a psf rate of just ₹1,450, which has steadily appreciated over the years. Today, 1 BHKs in the secondary market are valued over ₹1 Crore.

The success of Ashar Estate laid the foundation for us to achieve even bigger milestones in subsequent years. We expanded our presence across MMR, but our roots are always firmly placed in Shree Nagar – an address where 300 families and 11,000 students (from Finland International School) hold dear to their hearts.

A Flourishing Present

Shree Nagar is witnessing nearly 10% annual appreciation, with psf rates now ranging between ₹18,000–₹20,000. In comparison, its neighbouring suburb Mulund commands rates of ₹27,000–₹29,000 per sq. ft.

The difference is remarkable, especially since Shree Nagar offers seamless access to Mulund, allowing residents to be part of the suburb’s incredible growth story.

Viewed together, these factors make Shree Nagar an emerging investment hotspot, promising strong and steady returns.

A Promising Future

Ashar’s latest offering will act as a catalyst for growth, speeding up the property appreciation by fostering a modern ecosystem.

Along with this, there are several infrastructure developments in the pipeline like the Thane Bypass Road and the Twin Tube Tunnel.

With the passage of time, Shree Nagar will become pivotal for Central Line similar to what Aarey Colony is to the Western Line.

Location

Feel the ease of a great location where convenience is accessible with just a short drive away right from major highways to reputed schools to elite shopping malls to healthcare and more