Getting no overload matches this call running mongoose with typescript and express

I am getting the below error for useNewUrlParser, useUnifiedTopology, useCreateIndex:

No overload matches this call.
  Overload 1 of 3, '(uri: string, callback: CallbackWithoutResult): void', gave the following error.
    Argument of type '{ useNewUrlParser: boolean; useUnifiedTopology: boolean; useCreateIndex: boolean; }' is not assignable to parameter of type 'CallbackWithoutResult'.
      Object literal may only specify known properties, and 'useNewUrlParser' does not exist in type 'CallbackWithoutResult'.
  Overload 2 of 3, '(uri: string, options?: ConnectOptions | undefined): Promise<typeof import("mongoose")>', gave the following error.
    Argument of type '{ useNewUrlParser: boolean; useUnifiedTopology: boolean; useCreateIndex: boolean; }' is not assignable to parameter of type 'ConnectOptions'.
      Object literal may only specify known properties, and 'useNewUrlParser' does not exist in type 'ConnectOptions'.

Index.ts

import express from 'express'
import { errorHandler } from './middleware/error-handler';
import router from './router'
import mongoose from 'mongoose'

const app = express()

app.use(express.json())
app.use('/api/users', router)
app.use(errorHandler)

const start = async () => {
  try {
    await mongoose.connect("mongodb://auth-mongo-srv:27017/auth", {
      useNewUrlParser: true,    // error here
      useUnifiedTopology: true,
      useCreateIndex: true,
    });
    console.log("Connected to MongoDb");
  } catch (err) {
    console.error(err);
  }
};

const PORT = 3000
app.listen(PORT, () => {
    console.log("working on port ",PORT)
})

start()

tsconfig.json

{
  "compilerOptions": {
"target": "es6",
"module": "commonjs", 
"esModuleInterop": true, 
"forceConsistentCasingInFileNames": true,
"strict": true, 
"skipLibCheck": true
 }
}

I have mongoose 6.02 installed in package.json and if it is of any help, I am getting mongo from dockerhub and running in a cluster pod.

Any help or suggestion is appreciated.