By Spenta

Chembur , Mumbai

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Project Type

Multi Functional Apartments




Dec 2022

Carpet Area

1040 Sqft onwards

Payment Plan

Construction Linked Plan

Project status

Under Construction

Agreement Value

2.6 Crore onwards

Down Payment Assistance

This calculator helps you with the maximum eligible amount towards interest free down payment assistance under the HomeCapital Program for this property. Please note that the interest free down payment assistance cannot exceed your contribution (i.e. 50% of the total down payment requirements). Kindly fill the basic details below to know your eligible amount.

My Details

Total Home Cost


(A + B + C + D)

A) Homebuyer Savings


B) HomeCapital Assistance


C) Home Loan


D) Balance Payments


Eligibility amount and final approval would be subject to verification of your income and KYC Documents. Click on “Apply” to complete the Application process.

You can see details of your home financial planning.

Project Summary

Altavista in Chembur is a gated community which utilizes the old world charm of this central suburb in Mumbai marrying it with amenities of a club house, a terrace walk and majestic entrance lobbies to create an enviable living space. Altavista offers over 1000+ semi furnished apartments designed to meet disparate needs. Bringing together the best resources and the best team, Altavista has been designed by Hafeez Contractor. 

Inspired by the elements of nature, the endeavor is to create an aura of peace, quiet and tranquility while still providing the amenities that the modern discerning customer has become accustomed to. Altavista has 1BHK, 2BHK and 3BHK apartments, designed by renowned architect Hafeez Contractor that comes finished with Italian marble, air-conditioners, modular kitchens, finished and fully functional toilets and white goods including a refrigerator, washing machine and microwave oven. The project has amenities such as cable/satellite TV, CCTV/intercom, club house, conference room, fire alarm, gymnasium,kids play area, lifts, maintenance staff, modular kitchen, piped gas, playground, power backup, private garden, reserved parking, security, swimming pool, terrace garden, terrace lounge and many more. Further, the apartment will be provided with a choice of service providers for Internet (WiFi) and television connections in addition to CCTV cameras in common areas and a video door phone for the additional security of your family. 

RERA Number: P51800001050, P51800000956, P51800021249

Location Summary

    Chembur is one of the fastest growing suburbs of Mumbai and enjoys a lucrative ranking in the real estate arena. Counted as one of the most promising localities, it is well connected to different pockets of Mumbai via a robust network of roads and railways.

    Chembur enjoyes easy connectivity to the Eastern Express Highway, the Eastern Freeway, the Santacruz-Chembur Link Road, proximity to the monorail station and the Chembur and Kurla railway stations. Ala Vista is surrounded by renowned educational institutions, world-class healthcare facilities, a choice of dining options and one of the city’s largest golf courses. The following places are in close proximity to the project:

    • Loreto Convent School - 1 km
    • Inlaks General Hospital - 1 km
    • Cubic Mall -1 km
    • Sadhu Vaswani High school - 1 km
    • RCF Hospital -1 km
    • K Star Mall -1 km
    • Anushakti Nagar - 4 km
    • Govandi East - 4 km
    • Pratikhsha Nagar - 5 km
    • Vishnu Nagar - 6 km

    Project e-brouchure

    Altavista Brochure

    * View and download the project documents. The documents have been marked as private and confidential. Please do not distribute.

    About developer

    Core strengths:

    • A reputable company with over 25 years in real estate with strong execution of several projects
    • Successfully built 12 million square feet residential, commercial, retail and township projects in India 
    • Experienced management team with a proven track record
    • History of quality construction, timely delivery and delivery of some landmark projects in Mumbai
    • Strong brand equity in the Mumbai market

    Founded in 1989, Spenta is one of Mumbai’s leading real estate developers. Under the  leadership of Aspan Cooper, a first generation entrepreneur, Farshid Cooper and Anaisha Cooper, the organization has created and delivered value with the design of every new project. Over the past 25 years, Spenta has redefined the landscape of Mumbai, dotting its skyline with landmarks at Forjett Street, Hughes Road, Walkeshwar, Altamount Road, Breach Candy, Tardeo, Mahim, Juhu, Andheri, Powai, Chembur and Thane. Spenta is transforming 12 million square feet of the city into iconic residential towers, housing complexes and shopping arcades, each a hallmark of intelligent space planning and keen attention to detail.


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    You can check your home down payment assistance eligibility amount and your home loan eligibility amount using the calculators in the Home Finance section of our website.

    No, we don’t advise users to go for any specific project. We perform an independent analysis on all the listed projects. The homebuyer selects a project depending on its unique parameters like preferred city, locality, budget etc.

    Any resident Indian within the age group of 25 – 58 years with a stable income and sound credit track record looking to buy a home for their family can apply for the HomeCapital Program. Please note that you can avail HomeCapital’s down payment assistance only if you buy your home in the residential projects listed on our Offerings page.

    No. You can avail HomeCapital down payment assistance even without a home loan sanction, provided you undertake to make your balance payments from your own sources or arrange a home loan at a later date.

    Yes, you can apply on our website: to get a pre-approved down payment assistance.

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    The HomeCapital "Portal" and all its contents are only for the purpose of providing information regarding the HomeCapital Down Payment Assistance Program and should not be construed as binding. By using this website, you accept our Terms of Use and Privacy Policy. We are not a lending institution. All loans are made by our financial institution partners. The real estate properties listed on the Portal are not an advertisement or a solicitation and the customer shall independently review and verify the credentials of the project and/or the developer.

    HCPL and it's partners reserve the right to reject any application at any time without notice. To qualify, a borrower must be a Indian citizen and meet our financial partners underwriting requirements. To check for an applicant’s eligibility, our lending partner will request your full credit report from one or more credit bureaus. Not all applicants receive the down payment assistance. To qualify for the program, you must have a responsible financial history and meet other conditions. Assistance limits displayed are indicative, actual limits will depend on number of factors. If approved, your program assistance tenure will depend on a variety of factors, including down payment assistance amount, repayment capacity, a responsible financial history, years of experience, income, home-loan to value ratio and other factors.

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