Paranjape Schemes Construction Limited was founded in 1987 by brothers Shrikant and Shashank Paranjape, and from the beginning its geography of focus has been Pune's western residential corridor. The company has since developed a portfolio that spans residential, commercial, hospitality, and SEZ projects, completing over 190 projects and building more than 30,000 homes across Pune, Mumbai, Kolhapur, Ratnagiri, and Bengaluru. Bavdhan is not a new market for the firm — it is one where the company has put down some of its most visible roots.
Paranjape Schemes' own Athashri senior living campus sits on the Mumbai-Bangalore Highway near Chandani Chowk in Bavdhan itself, making this locality effectively a home base rather than just a project address. The firm has delivered multiple phases of the Gloria cluster — Gloria Grace and now Gloria Grand — on Pranjali Patil Nagar, a sub-pocket of Bavdhan that sits close to Mulshi Road. The company also launched the 170-acre Forest Trails integrated township at the adjacent Bhugaon micro-market, further underlining how deeply Paranjape Schemes has invested in this western arc of Pune.
Gloria Grand is a residential project by Paranjape Schemes located in Pranjali Patil Nagar, Bavdhan. The project is set on 2.5 acres and comprises two towers, each rising to basement plus ground plus 23 floors. The carpet area range runs from 818 to 900 sq ft for 2 BHK apartments and 1,109 to 1,236 sq ft for 3 BHK units, and the project carries over 35 amenities including a swimming pool, clubhouse, party lawn, kids' play area, and landscaped garden.
Internal specifications include vitrified tiles, branded fittings, a kitchen platform with SS sink, and powder-coated aluminium sliding windows. Each tower floor plan provides six flats with two lifts and two staircases per floor. The project address is Near Mulshi Road, Pranjali Patil Nagar, Bavdhan, Pune.
Gloria Grand is not Paranjape Schemes' first attempt at this address. The company delivered Gloria Grace on the same Gloria Inner Road in Pranjali Patil Nagar before Gloria Grand broke ground. Gloria Grace spans 12 acres and comprises 388 units across 7 towers, with possession dating to January 2014. It is a ready-to-move society and carries a 4.1 rating from nearly 500 user reviews on Justdial, with buyers citing large flat sizes and amenities including a children's play area, gym, and swimming pool as standout features.
The fact that Paranjape Schemes has returned to the same micro-pocket with Gloria Grand — a taller, denser successor on a 2.5-acre plot — reflects deliberate repeat commitment to this neighbourhood rather than opportunistic land acquisition. For a buyer evaluating Gloria Grand, the completed Gloria Grace next door provides a tangible reference point for construction quality and community character.
Bavdhan sits to the west of Pune city, off the Mumbai-Bengaluru National Highway, and has been one of the fastest-growing residential suburbs in the city. It lies along Pune's Western Metropolitan Corridor and is close to education and employment localities including Aundh, University Circle, Baner, and Kothrud. The locality is also characterised by natural topography, surrounded by hills on three sides and with Pashan Lake to its north.
The price context matters for buyers gauging where Gloria Grand sits in the market. Bavdhan's average residential rate stood at approximately ₹8,211 per sq ft in 2024, with a range of ₹5,714 to ₹12,024, reflecting its strategic position along the Mumbai-Pune Expressway corridor. Against that backdrop, Gloria Grand has been quoted at an average of approximately ₹9,300 per sq ft.
The broader market forces behind Bavdhan's price movement are structural. As of mid-2025, the under-construction Hinjewadi-Shivajinagar Metro line is playing a pivotal role in transforming nearby localities into high-demand residential zones, with enhanced connectivity driving up property prices significantly. Bavdhan has recorded sharper price appreciation than the Pune average, with rates rising by 35–40% in recent years — a pattern that CREDAI Pune has attributed directly to metro-proximity and infrastructure investment. Pranjali Patil Nagar specifically sits at what is effectively the main entry point from the Mumbai-Bangalore Highway into the city, with easy access to Paud Road, Aundh, Kothrud, Pashan, and University Circle.
Paranjape Schemes brings over 35 years of construction experience to Gloria Grand, and the western Pune corridor is where its institutional scale is most visible. The company launched Blue Ridge, a 138-acre integrated township in Hinjewadi in 2007, and Forest Trails, a 170-acre integrated township at adjacent Bhugaon, in 2009. Blue Ridge won the Best Township Project of India at the NDTV Property Awards 2015. These are not peripheral projects — they are the defining residential landmarks of western Pune's growth story over the past two decades, and Gloria Grand in Pranjali Patil Nagar is their urban-density counterpart: a mid-rise residential offering positioned for working households who want the connectivity of inner Bavdhan without leaving the Paranjape community ecosystem.
Paranjape Schemes also pioneered senior citizen housing in India through its Athashri brand, and the Athashri Foundation, a not-for-profit entity, handles ongoing care and maintenance of those senior living communities. That background in managed, long-term community operation distinguishes how the developer approaches post-handover governance — a factor that buyers in a gated complex reasonably weight alongside the unit specifications themselves.
Among the hospitals serving the Bavdhan catchment are Bavdhan Medicare Centre, Sahyadri Hospital, City Hospital, Deenanath Mangeshkar Hospital and Research Centre, Sushrut Hospital, and Shashwat Hospital. Retail needs are met by Aditya Shagun Mall, Vishal Shopping Complex, The Pavillion Mall, and City Mall, among others. The locality also connects well to Hinjewadi, the Mumbai-Bangalore Bypass, the Mumbai-Pune Expressway, Kothrud, and University Circle.