By Shapoorji Pallonji
Pokhran Road 2, Thane
Multi Functional Apartments
542 Sqft onwards
Construction Linked Plan
1.3 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.
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.
Northern Lights is a premium multi-family residential apartments development spread across 4.8 acres at Pokhran Road no 2 in Thane. The project is situated just off Ghodbunder road, 4.5 kms from Thane station, 8 kms from Eastern Expressway and within 2 kms of major entertainment, retail and healthcare facilities.
This project marks the entry of 150 year old Shapoorji Pallonji Group, with vast construction experience across India, into the Thane residential market. The project consists of 2 towers of 1, 2 & 3 BHK apartments with carpet area ranging from 407 sqft to 624 sqft. The project execution can be expected to be in time and of best in class quality.
Thane boasts of great connectivity to the major roadways and has shown growth in city’s social junctions, business districts, entertainment and health care facilities. The proposed road tunnel between Tikujiniwadi and Borivali, upcoming Thane-Bhiwandi-Kalyan Monorail and the proposed Majiwada Metro Station at a walking distance from the project site are some of the major reasons for the growth of this location.
The following places are located in close proximity to the project:
- Ghodbunder Road - 300 m
- Tikuji-ni-wadi - 3.6 km
- Thane Railway Station - 4.5 km
- Mulund Check Naka - 5.5 km
- Wagle Estate - 5.9 km
- Thane Toll Eastern Express Way - 8 km
- Airoli - 9 km
- BKC - 24.9 km
- Mumbai Domestic Airport - 28 km
* View and download the project documents. The documents have been marked as private and confidential. Please do not distribute.
- The group has completed more than 20000 projects since it's inception
- Delivered projects for more than 50 years
- Record of delivering homes before time with high construction quality
- Received several awards due to the high quality of projects delivered across the years
- Strong financial strength and high corporate governance
Established in the year 1970, Shapoorji Pallonji is a leading real estate builder based in Mumbai. The company has its strong presence both in India and overseas. Shapoorji Pallonji is the first Indian construction company to start its business in the Middle East. Mr. Shapoor P. Mistry is the Managing Director of the company.
Since its inception, the company is engaged in constructing residential, commercial, industrial and infrastructure projects. In addition to this, the company offers services into conventional and general contracting, designing and building as well as EPC. Some of the best green buildings constructed by Shapoorji Pallonji are SP Infocity in Chennai and Manesar, ONGC Office Building in Dehradun, RBI Housing Projects at Chennai, Delhi and Mumbai. Shapoorji Pallonji Construction was the first Indian company to construct two 60 storey residential towers in Mumbai. It has also built the famous Royal Palace for Sultan of Oman.
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.