25 Acres of Community Living on the Pune-Bengaluru Highway
1 & 2 BHK, 1 RK · Price on Request
Paranjape Happiness Hub is a 25-acre integrated township on the Pune-Bengaluru Highway at Varve Bk, Khed Shivapur — one of the largest affordable residential communities in southern Pune, with 2,000 homes spread across 22 towers, each rising 12 floors. It is registered under MahaRERA with ID P52100000303 and is the work of Paranjape Schemes (Construction) Ltd, a company that has been shaping Pune's residential landscape since 1987.
The project is designed for families who want the full benefit of township-scale living: a self-contained neighbourhood with its own clubhouse, sports courts, landscaped grounds, and community infrastructure, all framed by the natural topography of the Sahyadri foothills. Homes here are not weekend retreats — they are year-round residences calibrated for daily life, with cross-ventilated layouts, generous daylight, and the kind of social fabric that Paranjape has cultivated for nearly four decades through its Happiness Network and community events programme.
Paranjape Schemes brings to Happiness Hub the same design discipline visible across its broader portfolio — from the 170-acre Forest Trails township in Bhugaon to Blue Ridge in Hinjawadi. Here, 1 BHK and 2 BHK floor plates are sized for usable efficiency: compact enough for a single professional or young couple, generous enough to accommodate a growing family. Aluminium sliding windows with MS safety grills, RCC framed earthquake-resistant structures, and covered car parking reflect a specification built for durability as much as comfort.
The timing of this address is underscored by macro infrastructure moves. The PMC's approved plan to extend the Swargate-Katraj Metro line to Shivapur Toll Plaza, the proposed Pune Ring Road linkage, and the long-horizon Purandar International Airport project all point to the Khed Shivapur belt as a corridor with structural tailwinds. Average property prices in the micro-market moved from Rs 5,750 per sqft to Rs 6,150 per sqft in Q4 2025 alone, reflecting a 6.96% quarterly rise — a signal that early movers in this township have already captured meaningful appreciation.
For first-time buyers, investors seeking rental-yield from transit residents, and families looking to plant roots in a managed community away from city congestion, Happiness Hub offers a rare combination: Paranjape's 35-year track record, MahaRERA registration, and a highway-front address in one of Pune's most active growth corridors. Enquire today to understand current availability and payment structures.
| Configuration | Size | Starting Price |
|---|---|---|
| 1 RK Compact studio-style home, well-ventilated with efficient layout | 200–204 sq.ft. | On request |
| 1 BHK Full one-bedroom home with separate living and kitchen zone | 356–393 sq.ft. | On request |
| 2 BHK Spacious two-bedroom apartment with generous cross-ventilation | 410–625 sq.ft. | On request |




Detailed master plan and unit-wise floor plans available on request.
Pune-Bengaluru Highway, Varve Bk, Khed Shivapur, Maharashtra 412205 · Varve Bk, Khed Shivapur · Pune
Varve Bk sits along the Pune-Bengaluru National Highway (NH48) in the southern reaches of Pune district, roughly 25 to 30 kilometres from Pune city centre. The corridor has historically served as the main arterial link connecting Pune to Satara, Kolhapur, and Karnataka, giving residents direct highway access in both directions. The area retains an unhurried character — low-rise surroundings, open skies, and proximity to the Sinhagad Fort escarpment about 8 to 10 kilometres to the north — while benefiting from all the momentum of a rapidly urbanising southern Pune.
Khed Shivapur has emerged as a meaningful address for buyers who want scale and greenery without surrendering connectivity. The Pune Municipal Corporation's City Improvement Committee approved in March 2026 a proposal to extend the Swargate-Katraj Metro corridor to Shivapur Toll Plaza, with a further Ring Road link planned, which would directly elevate transit options for residents of this corridor. The proposed Purandar International Airport positions the broader southern Pune belt as an investment zone, and analysts have identified the Khed Shivapur–Shirwal stretch as one of the key gateways to that future expressway network. Happiness Hub's position on the highway means residents are within reach of Pune's established commercial districts while enjoying the quieter rhythm of a self-contained township.
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The Pune Municipal Corporation's City Improvement Committee approved in March 2026 a proposal to extend the existing Swargate-Katraj Metro corridor to Shivapur Toll Plaza, with a Ring Road integration planned, directly reducing commute time for southern Pune residents.
The proposed Pune Ring Road passes through the southern corridor near Khed Shivapur, designed to redistribute inter-city freight and passenger traffic and substantially cut travel time between the project and Pune's eastern and western employment zones.
The Maharashtra government's planned greenfield airport at Purandar, expected around 2029, is projected to create a new economic and logistics hub in southern Pune, driving demand for residential and commercial properties across the Khed Shivapur belt.
As part of preparations for the Pune Grand Tour cycling event in January 2027, the Pune district administration is developing 662 kilometres of new roads at an estimated cost of Rs 900 crore, connecting villages to state and national highways across the district.
Ongoing widening and infrastructure upgrades to NH48 — which forms the front address of Happiness Hub — are improving freight and passenger movement between Pune and Bengaluru, supporting economic activity and raising property values along the corridor.
Established in 1987 by Shrikant and Shashank Paranjape, the company has completed over 190 projects, built more than 30,000 homes across Pune, Mumbai, Kolhapur, Ratnagiri, and Bengaluru, and earned the trust of over 15,000 families — a foundation that gives Happiness Hub buyers confidence in delivery and quality.
Happiness Hub carries MahaRERA registration number P52100000303, giving buyers statutory protection on project timelines, specifications, and fund utilisation. Buyers can verify all details directly on the Maharashtra RERA portal at any time.
At 25 acres with 2,000 homes across 22 towers, Happiness Hub operates at township scale — delivering a clubhouse, badminton court, gymnasium, landscaped gardens, children's play area, and community hall that a smaller project could not sustain, creating a genuinely self-contained neighbourhood.
The project sits directly on the Pune-Bengaluru National Highway (NH48), giving residents seamless road access to Satara, Kolhapur, and Bengaluru in one direction and to Pune city, Hadapsar, and Warje in the other — a location advantage that grows with every highway upgrade.
The PMC's March 2026 approval of the Swargate-Katraj Metro extension to Shivapur Toll Plaza and the alignment of the proposed Pune Ring Road through this corridor mean that Happiness Hub's address is set to gain substantially in transit connectivity over the next three to five years.
The 1 RK, 1 BHK, and 2 BHK configurations are deliberately sized to serve multiple roles: a primary family residence, a transit home for frequent travellers between Pune and South Maharashtra, or a rental investment targeting the corridor's growing workforce — making each unit productive across scenarios.
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