Paranjape Everglades New: Homes on the Pune-Satara Highway at Khed Shivapur
1 & 2 BHK · Price on Request
Paranjape Everglades New is an upcoming residential development by Paranjape Schemes, positioned off the Pune-Satara Highway (NH-48) in Khed Shivapur. The project carries forward the Everglades name that the developer has used across its Pune portfolio, applied here to a fresh address on the city's southern growth corridor. It is planned around 1 and 2 BHK homes, a format the developer has repeated across its Khed Shivapur launches for buyers seeking a first home, a compact investment, or a base close to the highway.
Life here is built around the practicalities of a highway-adjacent, semi-urban locality that is steadily filling in with schools, clinics and everyday retail. Being situated on NH 4, Khed Shivapur has sufficient schools, hospitals, and public and private transport, with PMPML bus service running at a frequency of 10-15 minutes. The promise of Everglades New is a home that keeps this convenience within reach while stepping back from the density of central Pune.
Paranjape Schemes, established in 1987 by Shrikant Paranjape and Shashank Paranjape, has completed over 190 projects and built more than 30,000 homes across Pune, Mumbai, Kolhapur, Ratnagiri and Bengaluru. Across its history, the developer has delivered 200-plus projects across 9-plus cities and 7 countries, covering 20 million square feet. That scale of repeat delivery, rather than a single showpiece project, is the design philosophy Everglades New is built on: functional layouts, predictable execution, and formats tested across the company's other Khed Shivapur and Pune South addresses.
The timing follows the locality's own trajectory. Khed Shivapur's NH-48 frontage, toll-plaza infrastructure and steady inflow of schools and hospitals have turned what was a highway village into an active residential micro-market, and Paranjape has built here before through projects such as Samara Hills and Happiness Hub. Everglades New extends that presence with a new, upcoming address on the same corridor.
For buyers evaluating Pune's southern belt, Paranjape Everglades New offers a direct highway address from a developer with three and a half decades of delivery history in the city. Further details on configurations and pricing follow as the project moves through its upcoming stages.
| Configuration | Size | Starting Price |
|---|---|---|
| 1 BHK Compact 1 BHK homes suited to first-time buyers and investors | On request | |
| 2 BHK 2 BHK homes designed for small families along NH-48 | On request |




Detailed master plan and unit-wise floor plans available on request.
Off Pune-Satara Highway (NH-48), Pune 412205 · Khed Shivapur · Pune
Khed Shivapur sits along National Highway 48, roughly 23 kilometres south of Pune, at the point where the city's southern edge gives way to the Pune-Satara growth corridor. Khed Shivapur is a village in the Pune district of Maharashtra, India, along National Highway 48, located 23 kilometres south of Pune. The village sits on National Highway 48, and the area is rapidly transforming into a real estate and commercial hub because of this location. Toll-plaza infrastructure, PMPML bus frequency, and a cluster of schools, hospitals and highway-side hotels have accumulated around the junction over the past decade.
Paranjape Everglades New sits off this same Pune-Satara Highway address, within the locality's established residential belt. The address is located on the National Highway, with seamless connectivity to the future Ring Road and airport, and is positioned as part of the Pune-Satara Growth Corridor. For a household weighing daily highway commutes against a quieter, more affordable southern address, the NH-48 frontage keeps both Pune city and Satara-direction destinations within a single, direct drive.
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Khed Shivapur's location on NH-48 has positioned it as an active stretch of the Pune-Satara growth corridor, with steady residential and commercial development following the highway alignment.
Khed Shivapur is positioned for seamless connectivity to the future Ring Road, which is planned to improve peripheral movement around Pune without routing through the city centre.
Recent upgrades and widening works on the Mumbai-Bangalore Highway (NH-48) have reduced travel times along the corridor, benefiting localities such as Khed Shivapur that sit directly on this route.
Pune district authorities plan to develop a 662-kilometre network of new and upgraded roads at an estimated cost of Rs 900 crore, improving connectivity from villages like Khed Shivapur to state and national highways.
Khed Shivapur's NH-48 frontage has accelerated its transformation from a highway village into a developing real estate and commercial hub, with new residential projects following the toll-plaza junction.
The project sits off the Pune-Satara Highway in Khed Shivapur, giving residents direct highway access without depending on internal arterial roads for their daily commute toward Pune or Satara.
Paranjape Schemes has built its reputation over 35-plus years and 200-plus projects, and Everglades New extends that record to a new address in the same Khed Shivapur belt where the developer already has completed projects.
1 and 2 BHK configurations keep the project aligned to first-time buyers and investors looking for a functional home rather than an oversized one, a format the developer has repeated successfully in this locality.
Khed Shivapur is officially part of the Pune-Satara growth corridor, with future Ring Road connectivity positioning the locality for continued infrastructure investment over the coming years.
Schools, hospitals, a toll-plaza commercial cluster and PMPML bus services already operate around Khed Shivapur, meaning residents are not waiting on future infrastructure for daily needs.
The same developer built Blue Ridge, which won the NDTV Property Award for Best Township Project of India in 2015, reflecting an established capability in delivering full residential communities rather than standalone buildings.
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