Paranjape Schemes (Construction) Ltd traces its business to 1987, when brothers Shrikant and Shashank Paranjape formalised a real estate practice built on a family legacy that goes back to 1930 in Mumbai. Paranjape Schemes was founded by the visionary Mr. V.B. Paranjape in 1930 in Mumbai, pioneering finest quality, affordable housing and the concept of cooperative housing society, with the company as known today established by the third generation of the Paranjapes. Headquartered at PSC House on Dr Ketkar Road off Prabhat Road in Pune, the company has grown into a multi-city developer with a Bengaluru presence anchored by Wind Fields in Kempapura.
Across its history, Paranjape Schemes has delivered 200+ projects across 9+ cities and 7 countries, covering 20 million sq ft, built on 35 years of trust, with an earlier tally putting the company at over 190 projects and over 30,000 homes in Pune, Mumbai, Kolhapur, Ratnagiri, and Bengaluru. The firm has been recognised industry-wide: at the NDTV Property Awards 2015 ceremony held in Bangalore, Paranjape Schemes won an award for its project Blue Ridge under the category of Best Township Project of India for 2015, and it separately picked up a Best Residential Project award for Forest Trails at the CNBC Awaaz Real Estate Awards in 2015. By 2019, the company was ranked 9th Most Trusted Brand in the real estate category by TRA Research.
Wind Fields is Paranjape Schemes' residential address in Kempapura, positioned off Yemalur Road near Old Airport Road and the Divyasree Tech Park corridor. The project, developed by Paranjape Schemes Bangalore, officially launched on 19 January 2015 and is registered under RERA No. PRM/KA/RERA/1251/446/PR/171201/000442. It is built on 2.80 acres with 132 units spread across 6 floors, configured with 4 BHK units ranging from 1741 sq ft and 3 BHK units around 1337 sq ft, alongside 1 and 2 BHK options. The development is now Ready to Move, giving buyers immediate possession rather than a construction-linked timeline.
The address places Wind Fields within Bengaluru's eastern ORR belt. The project is located in Kempapura, Central Bangalore, well connected by major roads such as HAL Airport Road and NH 44. Its immediate neighbourhood sits near Yemalur Road, Kempapura, Bellandur, close to Divyasree Tech Park, putting it within a short commute of the IT campuses that define this stretch of the city.
Paranjape Schemes has historically paired its residential product with locations tied to employment corridors — Blue Ridge and its SEZ phase in Hinjewadi, Pune, being the clearest parallel. Kempapura follows the same logic in Bengaluru. The locality falls within the Outer Ring Road technology belt that runs from Marathahalli through Bellandur, an area where connectivity and proximity to major IT parks and commercial centers has driven residential demand. Connectivity is one of the area's strongest assets, with the Outer Ring Road providing seamless access to Whitefield, Electronic City, and other parts of Bangalore.
Pricing data on Wind Fields itself reflects this demand. Paranjape Wind Fields carries a median listing price of around ₹16,000 per sq ft against a broader Kempapura average of ₹12.2 K per sq ft, with monthly rents in Kempapura ranging from ₹37 K to ₹3 L across 2, 3 and 4 BHK units. That premium over the local average is consistent with a project situated closer to the Bellandur-Yemalur tech cluster, where Bellandur commands rates near ₹13,000 per sq ft owing to its proximity to established IT campuses.
Residents of Wind Fields draw on the same road network that serves the wider Bellandur-Yemalur belt. The location sits in the northern extremes of the corridor that connects to the International Airport, with Hennur Road running parallel to Bellary Road and strong connectivity through the Outer Ring Road. Within the immediate vicinity, listings reference landmarks such as Marathahalli post office, MVJ College of Education, and established schools and banks along Old Airport Road and Yemalur Road. The area's tech-park density — anchored by Divyasree Tech Park and extending toward RMZ and Cessna business campuses further along ORR — is the primary demand driver that has kept the belt active for both end-users and investors, echoing the pattern seen in Bellandur's strategic location along the Outer Ring Road providing easy access to key employment hubs like Whitefield and Electronic City.
Public transit in this corridor is also on an upgrade path. Namma Metro Phase 2A, the Blue Line from Silk Board to KR Puram, is expected to significantly improve public transit options and reduce dependency on private vehicles for residents across the Bellandur-Kempapura stretch, a factor that adds to the long-term case for a completed, ready-to-move project like Wind Fields in this location.
A buyer at Wind Fields is engaging with a developer whose primary track record is in Pune and Maharashtra — spanning integrated townships, senior-living communities under the Athashri brand, and SEZ development — and whose Bengaluru presence is comparatively focused, built around this single Kempapura address rather than a large local portfolio. The project itself offers a completed, RERA-registered asset in a locality with established IT-driven rental and resale demand, rather than a pre-launch commitment. For buyers prioritising a ready home close to the ORR job corridor over a longer possession wait, that combination — an experienced pan-India developer and a finished asset in an established micro-market — is the core proposition.