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Shapoorji Pallonji Real Estate has launched Oyster, a premium residential project within the Northern Lights development in Thane. Featuring 283 2- and 3-bedroom apartments ranging from 564 to 1004 sq ft, the project combines urban connectivity with scenic views of the city and surrounding hills. Prices start at INR 1.56 crore. Designed for modern lifestyles, Oyster offers wellness and fitness amenities, leisure spaces, and social interaction zones. The development reinforces Thane's growth as a premium residential micro-market and aligns with SPRE's commitment to design excellence and long-term value for homebuyers.
Shapoorji Pallonji Real Estate (SPRE), one of India's most established developers, has introduced Oyster, a premium residential project within its 4.8-acre Northern Lights development on Pokhran Road 2, Thane. The project comprises 283 thoughtfully planned residences, including 2- and 3-bedroom apartments, with sizes ranging from 564 sq ft to 1004 sq ft (RERA carpet area). Advertisement
Located in one of Thane's rapidly evolving and well-connected neighborhoods, Oyster offers residents easy access to major business hubs, schools, healthcare facilities, retail centres, and recreational areas. Prices for the residences start at INR 1.56 crore, and the homes are designed to maximize natural light, cross-ventilation, and spatial efficiency. Each apartment opens to scenic city skyline views and nearby hills, blending urban vibrancy with nature's tranquility.
The development emphasizes a balance between privacy and community living, featuring landscaped open spaces and lifestyle-focused amenities such as wellness and fitness zones, leisure areas, and dedicated spaces for social interaction. Mr Sumit Sapru, CEO of SPRE, highlighted that Pokhran Road 2 has become one of Thane's most desirable residential corridors due to strong infrastructure and evolving lifestyle demand. He noted that Oyster reflects the company's aim to deliver homes with design excellence, functionality, and long-term value for discerning buyers.
Over the past decade, Pokhran Road 2 has developed into a premium residential micro-market, benefiting from improved connectivity to the Eastern Express Highway and Ghodbunder Road, as well as upgrades to east-west road links within Thane. The upcoming Mumbai Metro Line 4 is expected to shorten commute times to key employment zones, further enhancing the area's residential appeal.
Oyster has been conceived as a lifestyle-oriented project, with indoor and outdoor leisure spaces, wellness facilities, and social areas forming a core part of its design. The homes are designed to meet modern homebuyer preferences for holistic living, offering functional layouts, ample natural light, and efficient spatial planning. The launch aligns with the rising demand for residential properties in infrastructure-backed micro-markets across the Mumbai Metropolitan Region, where steady capital appreciation and strong end-user interest support continued growth.
With Oyster, Shapoorji Pallonji Real Estate strengthens its presence in Thane, addressing the growing need for quality housing in areas driven by infrastructure growth and evolving lifestyle expectations.
SPRE is a reputed real estate developer known for its design innovation, construction quality, and architectural excellence. It forms a key part of the Shapoorji Pallonji Group, which has over 160 years of legacy spanning India's historic and modern landmarks. SPRE operates in major Indian cities including Mumbai, Pune, Bengaluru, Gurugram, Howrah, and Kolkata, offering a mix of luxury residences, mid-income homes, and one of India's largest mass housing projects.
Source PTI
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