A New Premium Tower Rises Within Pune's 138-Acre Blue Ridge Township
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Paranjape Blue Ridge's new premium residential tower is coming up inside a township that has spent over a decade establishing itself in Hinjewadi Phase 1, Pune. The developer behind it, Paranjape Schemes, was established in 1987 by Mr Shrikant Paranjape and Shashank Paranjape, and has since built a body of work that spans residential, commercial, hospitality and public infrastructure projects across western India.
Life at this address is built around a rare set of everyday conveniences for a working professional. The wider Blue Ridge township offers a walk-to-work lifestyle with ICSE school, 9-hole golf course, and private boat club inside the township, meaning residents of the new tower can look forward to a school run, a round of golf or a walk to the office without leaving the neighbourhood.
Design at Blue Ridge has followed the principles of New Urbanism across its towers, favouring compact, walkable clusters over sprawling car-first layouts, with landscaped courts and water bodies threaded between residential blocks. The new premium tower is expected to carry forward this same design language, built to the same construction and quality standards that have defined the township's earlier phases.
The timing of this launch coincides with a genuine shift in Hinjewadi's connectivity story. Pune Metro Line 3, the elevated Hinjewadi-Shivajinagar corridor, is 23 km long with 23 stations, and is expected to cut travel time between Hinjewadi and Shivajinagar from 90-120 minutes by road to roughly 40-45 minutes by metro, a change that is already being reflected in demand for well-located addresses like Blue Ridge.
For those evaluating a home close to Pune's IT corridor, this new tower offers a chance to join an established, amenity-rich township rather than wait out a greenfield development cycle.
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Blue Ridge Township, Hinjewadi Phase 1, Pune 411057 · Hinjewadi Phase 1 · Pune
Hinjewadi Phase 1 sits at the doorstep of the Rajiv Gandhi Infotech Park, the IT campus that grew from a single 600-acre plot when Infosys broke ground in the late 1990s into a 2,800-acre park with 800-plus companies including TCS, Wipro, Cognizant and Tech Mahindra . This scale of employment has made the surrounding belt one of Pune's most sought-after residential corridors, anchored by the Mumbai-Bangalore Highway and, going forward, by the under-construction Hinjewadi-Shivajinagar Metro Line 3. Established townships, business hotels such as the Courtyard by Marriott, and a growing base of schools and hospitals have matured around this address over the past decade.
Within this locality, Blue Ridge Township occupies a distinct position as Pune's 138-acre integrated township in Hinjewadi Phase 1 , with residences that are located within walking distance of Infosys, Wipro, and TCS campuses in Hinjewadi Phase 1, Pune . A new premium residential tower joining this address inherits an already-functioning social and recreational infrastructure, sparing residents the years-long wait typical of a fresh greenfield launch.
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An elevated 23-kilometre, 23-station metro line connecting Hinjewadi to Shivajinagar, expected to significantly cut travel time between the IT corridor and central Pune once fully operational.
A dedicated last-mile connector being built between the Hinjewadi metro station and the IT park, designed to make daily metro commuting practical for residents and office-goers alike.
A proposed 173-kilometre, eight-lane road encircling the Pune Metropolitan Region, intended to ease cross-city travel and improve access to peripheral growth corridors including Hinjewadi.
An ongoing road-widening project to 45 metres under PMRDA, aimed at easing congestion along one of the busiest stretches feeding the Hinjewadi IT park.
Continued growth of the surrounding IT park, now spread across roughly 2,800 acres with 800-plus companies, sustaining long-term housing and rental demand in Hinjewadi Phase 1.
The new tower joins Blue Ridge Township, an already-functioning 138-acre address in Hinjewadi Phase 1 with mature landscaping, roads and community infrastructure, rather than a greenfield site starting from zero.
Residents are positioned within walking distance of Infosys, Wipro and TCS campuses inside the Rajiv Gandhi Infotech Park, cutting daily commute time for IT and ITES professionals working in Hinjewadi.
Paranjape Schemes was founded in 1987 and has since built a diversified portfolio of residential, commercial and hospitality projects, giving buyers a developer with a long operating history in Pune.
Blue Ridge was recognised as Best Township Project of India at the NDTV Property Awards 2015, reflecting the planning and design standards the township was built on and that the new tower extends.
Unlike a fresh launch, this tower's residents get immediate access to an operating 9-hole golf course, a private boat club on the Mula river, and an ICSE school already running within the township.
The upcoming Hinjewadi-Shivajinagar Metro Line 3 and PMRDA Skyway are set to shorten travel times to central Pune, adding long-term connectivity value to a tower launching just ahead of these upgrades.
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