Founded by the visionary Mr. V.B. Paranjape in 1930 in Mumbai, the company under the expert guidance
of its founder pioneered the concept of finest quality, affordable housing as well as the concept of
cooperative housing society more than 8 decades ago!
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The company as it is known today was
established by the third generation of the Paranjapes. In the 1980s, Pune emerged as a major
industrial hub, providing ample opportunities for large scale development and growth. Mr. Shrikant
Paranjape and Mr. Shashank Paranjape were quick to realize its vast potential for quality housing
and Paranjape Schemes Pvt. Ltd was formed.
Today, Paranjape Schemes (Construction) Ltd are
Indias leading real estate and property developers offering premium quality residential projects -
building world class homes with superior specifications, better amenities and creating contemporary
lifestyles. With over 25,000 homes built across western Maharashtra, over 100 top-of-the-line
projects completed in the past 20 years, with ownership of 15 million sq.ft of FSI as well as a
special focus on creating homes and care facilities for the senior citizens through their project
Athashri, the company has maintained its stunning success graph.
* A renewed focus on creating entertainment, commercial, and work spaces of the
* A commitment to continue the Athashri movement and to take it across the
country, and indeed, across the world.
The Journey Continues...
(Construction) Ltd is committed to adding value - to customers, employees, stakeholders, business
partners, and indeed, to entire communities and offer the best fit real estate solutions with
quality, innovation, commitment and trust - truly reflecting the spirit of new India!