Paranjape Schemes Construction Limited, a trusted real estate developer, has announced a series of new residential launches across Pune West as part of its festive season offerings. These projects are strategically located in key growth corridors such as Sinhgad Road, Bhugaon, and Hinjewadi Phase 1, addressing the growing demand for well-designed homes in connected neighbourhoods.
As part of this expansion, the company will launch two new towers on Sinhgad Road, two in Bhugaon, and one in Hinjewadi Phase 1, further strengthening its presence in Pune’s emerging residential micro-markets. The developments will offer modern amenities, strong connectivity, and lifestyle-focused living options, catering to both end-users and long-term investors.
Together, these launches represent a development potential of over 1.75 million sq. ft., comprising nearly 1,400 residential units, with an estimated revenue potential of around ₹1,175 crore. This reinforces the company’s robust pipeline in Pune’s western region.
Commenting on the announcement, Amit Paranjape, Business Development, Paranjape Schemes Construction Private Limited, said the festive season continues to be a significant period for homebuyers in India, symbolising new beginnings and long-term investments. He noted that the upcoming projects are designed to offer thoughtfully planned homes in locations that combine connectivity, lifestyle, and future growth potential, reflecting the company’s commitment to evolving homebuyer aspirations. He also highlighted the company’s presence across nine cities and its ongoing development of large integrated townships, with a long-term vision of building well-planned communities that deliver sustained value.
Sinhgad Road remains a preferred residential destination due to its connectivity to central Pune, established social infrastructure, and proximity to employment hubs. The new launches aim to build on the success of existing developments, offering contemporary homes suited to urban families.
Bhugaon is witnessing increasing demand from homebuyers seeking a balanced lifestyle. Its scenic surroundings, improving infrastructure, and connectivity to Kothrud and the Mumbai–Bangalore Highway have contributed to its growing appeal, further strengthening the company’s footprint in Pune’s western suburbs.
Hinjewadi Phase 1, located near Pune’s largest IT hub, continues to attract professionals working in the IT corridor. The upcoming project will offer modern living spaces with access to workplaces, educational institutions, and lifestyle amenities.
With Pune’s housing demand supported by a strong IT sector, infrastructure growth, and urban expansion, these new projects are expected to draw interest from both first-time buyers and investors targeting high-growth corridors.
Looking ahead, the company aims to expand its footprint over the next decade, strengthen its senior living portfolio, develop integrated townships, and focus on innovation, sustainability, and community-driven development. Its growth strategy emphasises not just scale, but also long-term relevance, responsible development, and creating spaces that evolve with the city.
About Paranjape Schemes Construction Limited
Established in 1989 in Pune, Paranjape Schemes Construction Limited (PSCL) is one of India’s leading real estate developers with over 35 years of experience. The company has delivered more than 200 residential and commercial projects across nine cities, including Pune, Mumbai, Bengaluru, and Vadodara, covering over 20 million sq. ft. and serving more than 75,000 residents.
PSCL is known for developing large integrated townships such as Blue Ridge and Forest Trails—self-sustained communities that combine housing, infrastructure, open spaces, and recreational amenities. The company has also introduced purpose-driven living formats like Athashri (senior living), Aastha (assisted living), and Swaniketan, a residential ecosystem designed for differently-abled individuals and their families. Through these initiatives, PSCL continues to focus on building inclusive, sustainable, and future-ready communities.
Last Updated on: Saturday, March 21, 2026 5:44 pm by The Weekly News Team | Published by: The Weekly News Team on Saturday, March 21, 2026 5:43 pm | News Categories: News
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