Paranjape Magnolia

Paranjape Schemes (Construction) Ltd was incorporated in September 1987 and has built a large portfolio of properties in residential, commercial, township, hospitality, institutes, entertainment, senior-living and SEZ segments. With extensive experience of over 30 years, the developer has played a pivotal role in changing the skyline of western Maharashtra with over 170 projects in the luxury and affordable segment. In addition to its presence in Pune, Nashik, Ratnagiri, Chiplun and Kolhapur, the company develops properties in coveted metropolises like Bengaluru in Karnataka and Vadodara in Gujarat.

Paranjape Schemes has been a trusted name among its wide customer base of 11,000 families owing to its comprehensive and reliable property solutions.

Paranjape Schemes, under the leadership of its Chairman, Shrikant Purushottam Paranjape, and Managing Director, Shashank Paranjape, has made remarkable progress in building its overall capability. Shrikant is one of the few financial experts in the real estate sector and the President of CREDAI Pune. The builder has worked closely and maintained excellent relations with all its stakeholders, associates as well as customers to provide the right housing solution as per the lifestyle needs of homebuyers. It exhibits integrity, transparency and professionalism in delivering services of an outstanding standard. The Paranjape family has a legacy of over 60 years in real estate business and displays a commitment to carrying forward the company’s mission and values to the next generations for achieving new milestones.

Paranjape Schemes has spearheaded the Aastha and Athashri projects which are India’s largest senior housing community or integrated townships equipped with premium facilities for a comfortable lifestyle. These, along with the over 171 top-of-the-line residential projects by the developer, have sustained its steadily rising success graph. The apartments developed by the builder provides a family with all the essential features including modern amenities, well-planned designs and a sustainable environment. Paranjape Schemes uses a cognitive approach to designing and planning of all its projects with great attention to details. The residential spaces are designed to maximise lighting and have ample greenery all around.

Paranjape Schemes has completed real estate projects with a total area of 15.6 million sqft along with under-construction and upcoming properties spanning an area of around 20 million sqft. It has a land bank of 24.6 million sqft area.

Paranjape Schemes has recently completed 53 residential projects in total and is working on 13 ongoing projects. The properties range from compact 1BHK apartments of 600 sqft to lavish villas of 4 and 5BHK layouts of 4,000 sqft.