Shapoorji Pallonji Real Estate launches Oyster, a premium residential project within Northern Lights on Pokhran Road 2, Thane
Shapoorji Pallonji launches Oyster within Northern Lights
Shapoorji Pallonji Real Estate has announced the launch of Oyster, a premium residential project within its 4.8-acre development, Northern Lights, located on Pokhran Road 2 in Thane. The announcement, made on 20 February 2026, marks the company's continued expansion in the Thane market.
Project overview
Oyster comprises 283 units of 2- and 3-bed residences, ranging in size from 564 square feet to 1004 square feet (RERA carpet area). Starting at INR 1.56 crore, the homes offer intelligently planned layouts with ample natural light, cross-ventilation, and elegant finishes.
Each residence opens up to views of the city skyline as well as the serene nearby hills.
Design and amenities
Indoor and outdoor leisure spaces, areas for social interaction, and wellness-orientated facilities form a key part of the project's design philosophy. The development emphasises design efficiency, natural light, and optimal spatial planning.
Location and connectivity
Over the past decade, Pokhran Road 2 has evolved into one of Thane's most premium and well-planned residential corridors. The site benefits from strong connectivity to key business districts, social infrastructure, and lifestyle hubs.
The area enjoys connectivity to the Eastern Express Highway and Ghodbunder Road, with improvements in east-west connectivity within Thane. The upcoming Mumbai Metro Line 4 is expected to significantly reduce commute time to key employment zones across Mumbai and Thane.
Developer context
Shapoorji Pallonji Real Estate is the residential development arm of the Shapoorji Pallonji Group, a Mumbai-headquartered conglomerate founded in 1865. The parent organisation comprises 15 major companies delivering end-to-end solutions across six business segments, with a workforce of over 37,000 people operating in more than 40 countries.
In real estate, Shapoorji Pallonji has developed over 16 million square feet of residential and commercial projects across India. With Oyster, Shapoorji Pallonji Real Estate continues to strengthen its footprint in the Thane residential market.
