Ashar Ventures is developing "Ashar Axis", a residential complex at Majiwada in Thane district, Maharashtra. Till date, around 45 percent of the work on the project has been completed.

The complex will span over 1.32 acres of land and would comprise G+Mezzaine+38 storey with flats, shops and parking towers of G+28 storey, including a parking facility.

The proposed project also includes setting up a sewage treatment plant (STP) with a capacity of 170 CMD. The project is registered under Maharashtra RERA No.P51700032665.

The State Level Environment Impact Assessment Authority (SEIAA) has accorded environmental clearance (EC) for the project in March 2022.

As per the latest Projects Today updates, Ashar Ventures expects to complete the work on the project by March 2025.