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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!


  1. MTC or Mulund Thane Corridor, locally known as Shree Nagar, is a 5 km unexplored stretch in Eastern MMR with the mesmerizing Yogi Hills forming the backdrop.

  2. Temperature 2 degrees cooler than LBS Marg & GB Road

  3. Located at the foothills of SGNP, popularly considered as Wagle
    Estate’s residential extension


  1. Nestled at the tip of Mulund, MTC is blessed with an abundance of national park views.

  2. A 2 min drive to Wagle Estate – home to 1000 businesses and 15 million sq. ft. of office complexes

  3. Mulund Station is at 2.7 km and Thane Station is at 5 kms

Why MTC?

  1. MTC boasts of a strong historical relevance and an equally buoyant future with a blossoming market that has seen a CAGR of 10%* Walk to work culture

  2. Upcoming Infrastructure developments like Thane Bypass Road (Shree Nagar to Ghodbunder Road) and Twin Tube Tunnel in the pipeline

  3. 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.


It is here that we launched our first residential project - Ashar Estate - back in 2001. We started the journey with a psf rate of just Rs. 1,450 which kept increasing steadily. Presently, 1 BHKs are valued at Rs. 85-90 Lakhs in the secondary market.

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 almost 10% appreciation every year, with the psf rate growing up to Rs. 18,000-Rs. 19,000. Compare this to its neighbouring suburb Mulund, where the psf rate is Rs. 26,000-Rs. 27,000.

The difference is staggering, considering Shree Nagar provides rapid access to Mulund and living here allows you to be a part of the famous suburb’s incredible growth story

These factors, when looked at it in unison, make Shree Nagar an investment gold mine sure to yield healthy 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.


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

  • Eastern express highway
  • Thane Station
  • Wagle Estate
  • Check Naka Metro Station
  • LBS Marg
  • Mulund station

Ashar Arize Connectivity

  • R Mall
  • Viviana mall
  • Korum mall
  • Kalidas Auditorium

Ashar Arize Malls

  • Billabong high school
  • NES international school
  • DAV international school

Ashar Arize Schools

  • Ashar IT Park
  • Lodha Supremus
  • Centrum
Ashar Arize IT-Parks
  • Platinum hospital
  • Shree mahavir jain hospital
  • Fortis hospital

Ashar Arize Healthcare


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