PARANJAPE HAPPINESS HUB, Varve Bk, Khed Shivapur, Pune

PARANJAPE HAPPINESS HUB

25 Acres of Community Living on the Pune-Bengaluru Highway

1 & 2 BHK, 1 RK · Price on Request

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RERA: P52100000303
2000
Units
22
Towers
25.00
Acres
12
Floors
The Address & The Vision

An Address Worth Owning

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.

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Gallery

Visualize Your Future Space

Configurations & Pricing

Choose Your Space

ConfigurationSizeStarting 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
Lifestyle

World-Class Amenities

Recreation at PARANJAPE HAPPINESS HUB, Varve Bk, Khed Shivapur, Pune
Recreation
  • Clubhouse
  • Community Hall
  • Indoor Games Room
  • Senior Citizen Plaza
  • Shuttle Bus Service
  • EV Charging Point
Active at PARANJAPE HAPPINESS HUB, Varve Bk, Khed Shivapur, Pune
Active
  • Gymnasium
  • Badminton Court
  • Yoga Corner
  • Jogging and Strolling Track
Community at PARANJAPE HAPPINESS HUB, Varve Bk, Khed Shivapur, Pune
Community
  • Children's Play Area
  • Compound with Gated Entry
  • Security Personnel
  • CCTV Surveillance
  • Fire Safety Systems
Greens & Outdoors at PARANJAPE HAPPINESS HUB, Varve Bk, Khed Shivapur, Pune
Greens & Outdoors
  • Landscaped Garden
  • Central Park
  • Street Lighting
  • Rainwater Harvesting Zones
Master & Floor Plans

Master & Floor Plans

Detailed master plan and unit-wise floor plans available on request.

Master plan preview
Preview only — request full plan
Location / Address

A Defining Address

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.

Location map
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Connectivity

Location Advantages

Thoroughfares

  • Pune-Bengaluru National Highway NH48 — On site — direct highway frontage
  • Khed Shivapur Toll Plaza — 0.5 km / 2 mins
  • Satara Road (NH48 inner section) — 1 km / 3 mins
  • Katraj Bypass — 18 km / 25 mins
  • Pune Ring Road (proposed) — Adjoining alignment

Corporate

  • Hadapsar Industrial Estate — 28 km / 40 mins
  • Fursungi IT Park — 30 km / 42 mins
  • Hinjawadi IT Hub (Phase 1) — 38 km / 55 mins
  • Warje Business District — 25 km / 35 mins
  • Nanded City Commercial Zone — 22 km / 30 mins

Hospitality

  • Hotel Natraj, Khed Shivapur — 1 km / 3 mins
  • McDonald's, Satara Road — 2 km / 5 mins
  • Hotel Sinhagad Residency — 10 km / 18 mins
  • Tirupati Balaji Temple, Ketkawale — 6 km / 12 mins
  • Purandar Fort — 20 km / 30 mins

Education

  • Z.P. School Shivapur — 1.5 km / 5 mins
  • Vilasrao Bandal New English School — 0.5 km / 2 mins
  • Indira College of Engineering & Management, Parandwadi — 12 km / 20 mins
  • Sinhagad College of Engineering, Vadgaon — 20 km / 28 mins
  • DAV Public School, Dhayari — 18 km / 25 mins

Healthcare

  • Narayana Health (DY Patil Hospital), Kolhapur Road — 8 km / 15 mins
  • Sinhagad Hospital, Warje — 24 km / 32 mins
  • Poona Hospital, Sadashiv Peth — 28 km / 38 mins
  • Pawana Hospital, Khed Shivapur — 2 km / 5 mins
  • Ruby Hall Clinic, Wanowrie — 30 km / 42 mins

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Beyond the Project

Infrastructure & Growth

Swargate-Katraj Metro Extension to Shivapur Toll Plaza

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.

Pune Ring Road

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.

Purandar International Airport

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.

Pune District Road Network Upgrade — 662 km of New Roads

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.

NH48 (Pune-Bengaluru Highway) Capacity Enhancement

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.

Build Quality

Specifications

Structure

  • RCC framed earthquake-resistant construction
  • Load-bearing walls designed to IS code seismic standards

Flooring

  • Ceramic or vitrified tiles in living, dining, and bedrooms
  • Anti-skid tiles in bathrooms and utility areas

Bathroom

  • Standard CP fittings throughout
  • Wall-hung fixtures where applicable
  • Ceramic tile dado up to door height

Kitchen

  • Ceramic tile dado above counter
  • Provision for exhaust fan
  • Granite or platform counter

Doors & Windows

  • Aluminium sliding windows with MS safety grills
  • MS railings on balconies
  • Flush door shutters to bedrooms and bathrooms

Electrical

  • Concealed copper wiring with modular switches
  • Power backup for common areas
  • EV charging point provision in parking

Security

  • CCTV cameras at entry and common areas
  • Gated compound with security personnel
  • Fire safety systems across towers
Why Invest

Compelling Reasons

1

Paranjape Schemes' 35-Year Track Record

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.

2

MahaRERA-Registered Township

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.

3

25-Acre Scale with Community Infrastructure

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.

4

NH48 Highway Frontage — South Pune's Primary Artery

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.

5

Metro Expansion and Ring Road on the Horizon

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.

6

Multi-Purpose Home Formats for First Buyers and Investors

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.

About the Developer

Paranjape Schemes

Paranjape Schemes (Construction) Ltd was incorporated on 18 December 1987 in Pune by brothers Shrikant Paranjape and Shashank Paranjape. What began as a residential developer focused on Pune's expanding housing demand has grown, over 38 years, into a company with 200 or more completed projects spanning nine cities and more than 20 million square feet of built area. The company became a public limited entity in May 2005, and today is led by Chairman Shrikant Paranjape, a qualified Chartered Accountant and active CREDAI Pune committee member since 1996, alongside Managing Director Shashank Paranjape, who has driven design, marketing, and construction strategy across the full portfolio.

Paranjape Schemes has consistently built communities rather than standalone buildings. Its signature approach traces back to early integrated township models, evolving into large-format master-planned environments such as Blue Ridge in Hinjewadi and Forest Trails at Bhugaon — two award-winning townships that have each been recognised at national platforms including the NDTV Property Awards 2015 and the CNBC Awaaz Real Estate Awards. Both townships weave housing, schools, retail, open space, and social infrastructure into self-sustaining neighbourhoods, a model the company has refined across decades of Pune's western and suburban corridors.

The portfolio spans residential apartments, row houses, bungalows, commercial offices, SEZs, hospitality assets, and educational institutions across Pune, Mumbai, Bengaluru, Vadodara, Kolhapur, Ratnagiri, and additional cities. Delivered developments serve more than 75,000 residents. In March 2026, the company announced an investment of Rs 700 crore across four new projects in Pune West — Sinhgad Road, Bhugaon, and Hinjewadi Phase 1 — representing a combined development potential of over 1.75 million square feet and approximately 1,400 residential units, with an estimated revenue potential of Rs 1,175 crore.

The philosophy encoded in the tagline Building for All is borne out in three purpose-driven living formats that set Paranjape Schemes apart from conventional developers. Athashri, the company's senior living brand, turned 25 years old in April 2026 and today spans close to 16 communities supporting more than 3,000 seniors, having welcomed its 6,000th resident in Vadodara. Aastha provides assisted-living care for elderly residents with daily health and wellness support. Swaniketan, located at Forest Trails near Pune and developed under the company's Special Projects Division, is India's first exclusive residential ecosystem designed for differently-abled individuals and their families — a project that integrates vocational centres, therapy spaces, day care, and dedicated caregiver infrastructure into everyday community life.

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Frequently Asked Questions

Where exactly is Paranjape Happiness Hub located, and how well connected is it?+
Paranjape Happiness Hub sits on the Pune–Bengaluru Highway at Varve Bk, Khed Shivapur, approximately 23 kilometres south of Pune city along National Highway 48. The project is highway-fronting, which means residents have direct access to NH48 for daily commutes into Pune and intercity travel toward Bangalore. Khed Shivapur is also approximately 8–10 kilometres from the historic Sinhagad Fort and lies within easy reach of the Shirwal MIDC industrial corridor. A ₹604 crore, 32.4 km service road project connecting Khed Shivapur to Ravet was approved in early 2025, set to further ease traffic movement across southern Pune.
What flat configurations and sizes does Paranjape Happiness Hub offer?+
Paranjape Happiness Hub offers three unit types: 1 RK apartments ranging from 200 to 204 sq ft, 1 BHK apartments ranging from 356 to 393 sq ft, and 2 BHK apartments ranging from 410 to 625 sq ft. The range of sizes across configurations allows buyers to choose between a compact starter home and a more spacious two-bedroom residence within the same township. All unit types sit within a single, large-format development spanning 25 acres with 2,000 homes across 22 towers.
What is the price of flats in Paranjape Happiness Hub?+
Pricing at Paranjape Happiness Hub is available on request and varies by configuration, floor, and unit size. Prospective buyers are encouraged to contact the channel partner directly to receive a current, unit-specific price sheet. Home loan assistance is available through tie-ups with major lending institutions.
Is Paranjape Happiness Hub RERA registered?+
Yes, Paranjape Happiness Hub is registered with MahaRERA under registration number P52100000303. Buyers can verify full project details, approved layout, and developer disclosures directly on the MahaRERA portal using this number.
What amenities are available at Paranjape Happiness Hub?+
The township includes a clubhouse with a gymnasium, indoor games facilities, a badminton court, a landscaped garden, a dedicated children's play area, a community hall, CCTV surveillance, power backup, and a Mini Char Dham replica on the premises. The scale of the development — 25 acres, 2,000 homes — supports a full range of shared facilities and an active resident community organised around cultural events and sports. There is also a temple within the complex.
Who is the developer behind Paranjape Happiness Hub, and what is their track record?+
Paranjape Happiness Hub is developed by Paranjape Schemes (Construction) Ltd., a Pune-based real estate company established in 1987. Over more than three decades, Paranjape Schemes has completed over 190 projects and built upwards of 30,000 homes across Pune, Mumbai, Kolhapur, Ratnagiri, and Bengaluru. The company is also known for its Athashri senior living brand and its Forest Trails township in Bhugaon, among other notable projects in the Pune metropolitan area.
How large is Paranjape Happiness Hub as a township, and what does the overall scale look like?+
Paranjape Happiness Hub is a 25-acre integrated township comprising 22 towers and a total of 2,000 residential units. The scale positions it as one of the larger township projects in the Khed Shivapur micro-market on Pune's southern corridor. The breadth of the development supports dedicated open green spaces, a full amenities block, and a self-contained community atmosphere within the larger Varve Bk neighbourhood.

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