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ASHAR AXIS
RG-MH-88603 · RERA P51700032665 · Last updated on MahaRERA portal: 7 Apr 2025
Source: official MahaRERA filing
Red flags
- No red flags in this filing
Clear
- No litigation declared
- No complaints on record
- Completion date never moved
- Separate project account declared
- Allotment letter follows the model form
- Recorded completed on MahaRERA
- All 1 earlier projects delivered on promise
Nothing adverse is on this record. The buyer report still reads the filed documents themselves, and places this filing against the promoter's 10 other registrations.
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ASHAR AXIS is a Others project by Ms ASHAR VENTURES in Thane, Maharashtra, registered with MahaRERA as P51700032665 on 17 Jan 2022. The registration is recorded completed; possession was promised by 31 Dec 2026.
At a glance
Project
- NameASHAR AXIS
- TypeOthers
- Location
- POKHRAN ROAD NO. 2
- MAJIWADE
- Thane (M Corp.)
- Thane
- 400601
- Pincode400601
- RERA no.P51700032665
- ReraGenie IDRG-MH-88603
Key dates
Key facts
Registration and timeline
- StatusCompleted
- Registered on17 Jan 2022
- Promised completion31 Dec 2026
- Revised completionNone
- Buildings1 building record
- Documents filed33 files
Buildings and wings, as sanctioned
| Building | Wing | Floors sanctioned | Habitable floors | Residential units | Other units | Total |
|---|---|---|---|---|---|---|
| ASHAR AXIS | NA | 40 | 0 | 0 | 0 | 0 |
The full filing
Everything below is from the project's own MahaRERA filing, free to read. The Rs 499 buyer report reads the filed documents themselves and puts the findings in plain language.
Construction progress by building1
As on 7 Apr 2025, the date of the latest filing. The RERA activity checklist for each building, from the promoter's latest quarterly progress filing. These are the promoter's own figures, not an independent inspection.
4 of 11 construction stages are filed complete. The stage furthest along is Podiums (if any), at 0%.
ASHAR AXIS: 36% average across the applicable activities
| Activity | Progress |
|---|---|
| Excavation | 100% |
| Basement (if any) | 100% |
| Podiums (if any) | 0% |
| Plinth | 100% |
| Stilt Floor | 100% |
| Slabs of Super Structure | 0% |
| Internal walls, Intemal Plaster, Floorings, Floors and windows within Flats/Premises | 0% |
| Sanitary Fittings within the flats / premises | 0% |
| Staircases, Lifts Wells and Lobbies at each Floor level Overhead and Underground Water Tanks | 0% |
| External plumbing and external plaster, elevation, completion of terraces with waterproofing of the Building / wing. | 0% |
| Installation of Lifts, water pumps, Fire Fighting Fittings and Equipment as per CFO NOC, Electrical fittings, mechanical equipment, compliance to conditions ofenvironment/CRZ NOC, Finishing to entrance lobby/s, plinth protection. paving of areas appurtenant to Building/Wing, Compound Wall and all other requirements as may be required to complete project as per specifications in agreement of Sale. | 0% |
Progress on shared amenities32
As on 7 Apr 2025, the date of the latest filing. Lifts, roads, water and the other shared works, from the same quarterly filing, and reported by the promoter rather than inspected.
| Common facility | Proposed | Progress |
|---|---|---|
| Internal Roads & Footpaths | No | Not applicable |
| Water Supply | Yes | 0% |
| Sewerage (Chamber, Lines, Septic Tank , STP) | Yes | 0% |
| Storm Water Drains | Yes | 0% |
| Landscaping & Tree Planting | Yes | 0% |
| Street Lighting | Yes | 0% |
| Community Buildings | No | Not applicable |
| Treatment And Disposal Of Sewage And Sullage Water | Yes | 0% |
| Solid Waste Management And Disposal | Yes | 0% |
| Water conservation /Rain water harvesting | Yes | 0% |
| Energy managemcnt | Yes | 0% |
| Fire protection and fire safety requirements | Yes | 0% |
| Electrical meter room, sub-station, receiving station | Yes | 0% |
| Aggregate area of recreational Open Space | Yes | 0% |
| Open Parking | No | Not applicable |
| JUNGLE GYM | Yes | 0% |
| POOL DECK | Yes | 0% |
| JOGGING TRACK | Yes | 0% |
| KIDS PLAY AREA | Yes | 0% |
| FULLY EQUIPPED GYM | Yes | 0% |
| KIDS POOL | Yes | 0% |
| MINI GOLF | Yes | 0% |
| MULTI PURPOSE AREA | Yes | 0% |
| BOX CRICKET | Yes | 0% |
| MULTI SPORT TURF | Yes | 0% |
| OPEN PARTY LAWN WITH BBQ SPOT | Yes | 0% |
| REFLEXOLOGY PATH | Yes | 0% |
| SENIOR CITIZEN ZONE | Yes | 0% |
| SWIMMING POOL | Yes | 0% |
| TODDLERS DESIGNATED PLAY AREA | Yes | 0% |
| WORK FROM HOME ZONE | Yes | 0% |
| YOGA DECK | Yes | 0% |
Parking filed318
Slots recorded per building wing in the filing. MahaRERA does not publish a two wheeler or four wheeler split, visitor parking, or the sanctioned allotment, so this is provision as filed and not a comparison against the approved plan.
Land and ownership1
MahaRERA does not publish landowner contact details. MahaRERA has published no encumbrance declaration for this project. That is silence on the question, and not a record of clear land.
| Landowner | Village | District |
|---|---|---|
| WESTERN INDIA STEEL INDUSTRIES | Thane (M Corp.) | Thane |
Approvals and building plan
Project account and cost
70 percent of buyer money must sit in the project account. Account numbers are not published by MahaRERA, so check that your agreement for sale names a designated account for this project and pay into that account only.
Certifying professionals and partners3
Form 1, 2 and 3 certificates from these professionals release the promoter's withdrawals from the 70 percent account.
| Role | Name |
|---|---|
| Architect | M/S Joshi Deshaware and Associates |
| Engineer | MANOJ MORE |
| Chartered Accountant | NITIN GALA & CO |
| Partner | Role in project |
|---|---|
| Ms ASHAR VENTURES | - |
Complaints filed with MahaRERA
No complaints on record against this registration.
The permission chain
The permissions a project needs, in the order they happen, matched to MahaRERA's own document slots. A slot on the file means the promoter uploaded a document there; it is not proof the permission was granted, and the filing carries no issue dates. An empty slot is not proof an approval is missing.
- Legal title reportOn the file
A lawyer's report on who owns the land and what is registered against it.
uploaded 3 Jan 2022 - Layout approvalOn the file
The planning authority's approval of how the plots and buildings sit on the land.
uploaded 29 Dec 2021 - Building plan approvalOn the file
Sanction of the building plans themselves, filed as an IOD in Mumbai and as a plan approval elsewhere.
uploaded 15 Nov 2024 - Commencement CertificateOn the file
Permission to begin construction. On a plotted development the same slot carries the NA order instead.
uploaded 29 Dec 2021Confirm the Commencement Certificate covers the specific floor you are buying. - Occupancy CertificateOn the file
The legal go-ahead to move in. It comes at the end, so its absence on a project still under construction is expected.
uploaded 8 Nov 2024
Documents filed33
As listed on the registration, named by the MahaRERA slot each file was filed under, with the promoter's own file name beneath. The files themselves are available at source: open this registration on the MahaRERA portal. We publish what the filing says and never host the promoter's documents in place of it.
| Document | Uploaded |
|---|---|
| Annual Audit Report of Statutory CA (Form 5) (FY 2023-24)File: Ashar Axis- FY 23-24 - Form 5.pdf | 7 Apr 2025 |
| Building plan approvalFile: Plan -1_compressed.pdf | 15 Nov 2024 |
| Building plan approvalFile: Plan-2_compressed.pdf | 15 Nov 2024 |
| Building plan approvalFile: Plan -3_compressed.pdf | 15 Nov 2024 |
| Building plan approvalFile: Plan-4_compressed.pdf | 15 Nov 2024 |
| Architect’s Certificate on Completion of Project (Form 4)File: FORM 4 - architect certificate.pdf | 15 Nov 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan -1_compressed.pdf | 15 Nov 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan-2_compressed.pdf | 15 Nov 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan -3_compressed.pdf | 15 Nov 2024 |
| Building Plan Approval / NA Order for plotted developmentFile: Plan-4_compressed.pdf | 15 Nov 2024 |
| Occupancy Certificate/ Completion Certificate/ Architect's certificate of completion for plotted developmentFile: ASHA AXIS FULL OC.pdf | 8 Nov 2024 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: Form5 LO 21-22.pdf | 6 Oct 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2022-23)File: Form5 LO 22-23.pdf | 6 Oct 2023 |
| Annual Audit Report of Statutory CA (Form 5) (FY 2021-22)File: FORM 5 ASHAR AXIS FY 2021 and 2022.pdf | 21 Apr 2023 |
| Details of encumbrancesFile: Declaration of Encumbrance of Axis.pdf | 14 Mar 2023 |
| Engineer’s Certificate on Cost Incurred on Project (Form 2)File: Axis Engg certificate.pdf | 24 Sep 2022 |
| Architect’s Certificate of Percentage of Completion of Work (Form 1)File: Aashar Axis - JD Architect Certificate.pdf | 23 Sep 2022 |
| OtherFile: Diclosure of Co-Promoter 29-12-2021.pdf | 16 Jun 2022 |
| OtherFile: Disclosure by Promoter.pdf | 16 Jun 2022 |
| Details of encumbrancesFile: Axis - details of encumbrances.pdf | 25 Apr 2022 |
| CERSAI detailsFile: CERSAI RPORT.pdf | 14 Jan 2022 |
| Copy of the legal title reportFile: Title REport in RERA format.pdf | 3 Jan 2022 |
| Layout approvalFile: lAYOUT compressed.pdf | 29 Dec 2021 |
| Building plan approvalFile: Plans and CC 1011kb.pdf | 29 Dec 2021 |
| PAN CardFile: Ashar Ventures_PAN.pdf | 29 Dec 2021 |
| Details of encumbrancesFile: ENCUMBRANCES DECLARATION.pdf | 29 Dec 2021 |
| Copy of Layout Approval (in case of layout)File: lAYOUT compressed.pdf | 29 Dec 2021 |
| Building Plan Approval / NA Order for plotted developmentFile: Plans and CC 1011kb.pdf | 29 Dec 2021 |
| Commencement Certificates / NA Order for plotted developmentFile: CC compressed.pdf | 29 Dec 2021 |
| Declaration about Commencement CertificateFile: Declaration about CC.pdf | 29 Dec 2021 |
| Declaration in FORM BFile: Declaration of the Partner Ajay Ashar-compressed.pdf | 29 Dec 2021 |
| CA Certificate on Project Cost & Fund withdrawal (Form 3)File: Form 3 Ashar axis.pdf | 29 Dec 2021 |
| Proforma of Allotment letterFile: ASHAR AXIS ALLOTTMENT LETTER AND AGREEMENT FINAL .pdf | 29 Dec 2021 |
Promoter's earlier projects1
As disclosed by the promoter in this filing. Where a row names its RERA number, the project links to its own page and the location and registration date are read from that registration.
| Project | Location | Flats | Status | Promised | Delivered |
|---|---|---|---|---|---|
| ASHAR SAPPHIRE AND GALLERIA | GUT NO 32-2G AND 32-1-6 SUB PLOT B VILLAGE CHITALSAR MANPADA THANE | 206 | Completed | Dec 2021 | Dec 2021 |
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How this compares with Thane
Computed across the 7,600+ Thane projects on ReraGenie, from their own filings.
Free monthly report: Thane on MahaRERA, month by month. What registered each month, this city against the other six, the possession pipeline and the pincode micro-markets, from these same filings.
Buyer report
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- Red flags and clear checks, the possession story, sanctions and sales, land and title, who you are dealing with
- Joined against the promoter's 10 other registrations, which the RERA portal never shows together
- All 33 filed documents as one ZIP, foldered, with a manifest
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Builder: Ms ASHAR VENTURES
Ms ASHAR VENTURES has 11 registrations on MahaRERA, including ASHAR MILLENNIA and ASHAR SAPPHIRE AND GALLERIA. Its filings disclose 1 earlier MahaRERA project: declares 1 of 1 past projects completed on time. Read the full track record. See more projects on the Thane district page.
Frequently asked questions
What are my rights if ASHAR AXIS is delayed beyond 31 Dec 2026?
Under section 18 of the RERA Act you may stay in the project and claim interest for every month of delay, or exit and claim a full refund with interest. In Maharashtra the rate is SBI's highest MCLR plus 2 percent, currently 10.90% per annum (June 2026). The free delay interest calculator on ReraGenie puts a rupee figure on any delay. Claims are filed as MahaRERA complaints with a Rs 5,000 fee.
How do I verify and contact the developer of ASHAR AXIS?
The registered promoter entity is Ms ASHAR VENTURES, an others as per the filing. Neither this filing nor this promoter's other MahaRERA registrations disclose a CIN, LLPIN or GSTIN for this entity. Your agreement for sale must name this exact entity, not a group brand name. The promoter's registered address and contact details are on the project's MahaRERA listing (scan the QR code on any advertisement) and in its filed documents. The Rs 499 buyer report includes all of them as a single ZIP, foldered by type.
Is my payment protected in ASHAR AXIS?
Partly, by law. 70 percent of every buyer payment must go into the project's designated bank account, withdrawable only against architect, engineer and CA certificates as construction progresses; since July 2024 MahaRERA requires a three-account structure for collections. Separately, a promoter cannot take more than 10 percent of the price before signing a registered agreement for sale (section 13). Neither rule guarantees completion; they limit how far your money can travel from the project.
How current is the construction progress shown for ASHAR AXIS?
Promoters must file a quarterly progress report within 20 days of each quarter end, certified by the architect (Form 1), engineer (Form 2) and chartered accountant (Form 3). The figures above come from the latest filing, so they can trail the site by up to a quarter. A promoter who stops filing QPRs altogether invites penalties under section 61, and a stale filing date is itself a warning sign worth checking on the portal.
Who certifies construction progress at ASHAR AXIS?
The professionals named in the filing: Architect: M/S Joshi Deshaware and Associates; Engineer: MANOJ MORE; Chartered Accountant: NITIN GALA & CO. Their Form 1 (architect), Form 2 (engineer) and Form 3 (chartered accountant) certificates are what unlock the promoter's withdrawals from the 70 percent account, so their names on record are part of the project's accountability chain.
What should I check before booking in ASHAR AXIS?
Four things this page cannot decide for you: that the carpet area in your agreement matches the filed carpet area (the model agreement allows only a 3 percent variation, with a refund right below that); that the agreement follows MahaRERA's model clauses with deviations highlighted; the promoter's record on their other projects, not just this one; whether construction progress keeps pace with sales in the coming quarters. The Rs 499 buyer report works through all of them from the filings.
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