Paranjape Schemes' presence in Thane is anchored by Codename Trademark, positioned on Pokhran Road 2 in Vasant Vihar, Manpada, Thane West.
The full address of the project is Pokhran Road 2, Vasant Vihar, Manpada, Thane West 400610, and it is registered under the Maharashtra Real Estate Regulatory Authority with RERA number P51700022773. For a developer whose core project book is concentrated in Pune, a registered address on one of Thane West's most discussed residential stretches marks a deliberate, singular move into the Mumbai Metropolitan Region rather than a scattershot entry.
Paranjape Schemes (Construction) Ltd traces back to 1987, when Shashank Paranjape commenced the real estate business along with his elder brother Shrikant Paranjape. The company was incorporated on 18th September 1987 as a private limited company, and in May 2005 it changed status to a public limited company. By its own current account, the company has delivered 200+ projects across 9+ cities and 7 countries, covering 20 million sq ft, built on 35 years of excellence and trust, and independent aggregation puts the figure at over 190 projects and more than 30,000 homes built across Pune, Mumbai, Kolhapur, Ratnagiri, and Bengaluru.
Two projects define the developer's reputation beyond individual buildings. At the NDTV Property Awards 2015 in Bangalore, Paranjape Schemes won for its project Blue Ridge under the category of Best Township Project of India — a township spread over 138 acres in Pune's Hinjewadi. The company also built Forest Trails, a 170-acre township in Bhugaon, and, in 2001, launched Athashri, the country's first residential project for senior citizens built with dedicated facilities for that segment — a format that now houses more than 2,000 senior citizens across eight Pune locations, with further projects under construction in Bengaluru and Vadodara. This is the institutional weight a buyer in Vasant Vihar is tapping into: a company whose scale was built on planned townships and a differentiated senior-living product, not one-off towers.
Codename Trademark — also referenced as Paranjape Opulus in some listings — offers 2 and 3 BHK apartments with carpet areas ranging from 620 sq.ft. to 856 sq.ft. depending on configuration. The project's own site frames the location plainly: Codename Trademark is located at the most happening part of Thane — Vasant Vihar, an area whose broad roads, tree-lined boulevards and entertainment hotspots make it an enviable place to live. On the ground, the address sits across greens and landscapes near the Yeoor Hills, giving the development a green backdrop uncommon this close to Thane's commercial core.
The amenity set reflects the mid-to-premium positioning typical of Paranjape's residential work: a multilevel half-Olympic size swimming pool, car parking, grand entrance lobby, vehicular-free podium, CCTV surveillance, and generator backup for common areas, alongside a business lounge, changing area, and solar water heating for residents. Immediate landmarks named in property records include DAV Public School, Wonder Mall, and Titan Hospital, keeping daily errands within a short radius of the project.
Paranjape's choice of this micro-market is not incidental. Locality data describes Vasant Vihar as one of the developed localities in Thane West, primarily offering 2 BHK apartments in the premium budget segment, with proximity to Ghodbunder Road ensuring sound intracity connectivity, and it sits close to established residential pockets such as Lokpuram, Lok Upvan and Eden Wood. The wider Pokhran Road 2 corridor, of which Vasant Vihar is part, has been characterised by local market trackers as one of Thane West's most established and consistently performing residential corridors — neither speculative nor over-commercialised, representing a balance of strong connectivity, mature social infrastructure, and stable end-user demand. That corridor runs parallel to Ghodbunder Road, beginning near the Eastern Express Highway side and extending toward Upvan Lake and the Yeoor foothills — the same green edge that frames the Paranjape project itself.
Connectivity is a recurring reason cited for the area's demand: the locality is easily connected to Thane railway station and the Eastern Express Highway via Ghorbunder Service Road, giving residents smooth access to Mumbai and Navi Mumbai along with commercial hubs like Bandra-Kurla Complex, Lower Parel and Vashi. A metro upgrade is also on the horizon for this stretch, with the upcoming Metro Line 4 between Wadala and Kasarvadavali planned with a station within walking distance of the broader Pokhran Road 2 belt. Social infrastructure is already dense: residents draw on hospitals such as Bethany, Jupiter and Hiranandani, supermarkets like D-Mart, Big Bazaar and Star Bazaar, schools including Vasant Vihar High School & Jr. College and Holy Cross High School, and malls such as Korum, Viviana and R Mall.
On pricing, Vasant Vihar itself has recorded an average apartment price of roughly ₹20,450 per sq.ft., with values moving -1.0% over the preceding year in one aggregator's tracking, while premium new construction directly on the Pokhran Road 2 stretch has commanded higher rates, with 2 BHK units averaging around ₹1.88 crore at roughly ₹29,215 per sq.ft. in more recently launched projects nearby. This spread illustrates the range a buyer evaluating Paranjape's Codename Trademark should expect to see across the immediate micro-market, depending on project vintage and specification.
For someone evaluating Paranjape Schemes specifically, Vasant Vihar offers the combination the developer's broader portfolio is known for: a defined, RERA-registered project on a road with established social infrastructure, set against the Yeoor Hills greenery, inside a Thane West corridor with expressway access to Mumbai and Navi Mumbai. It is a single, focused address rather than a scattered footprint — consistent with a developer whose reputation was built on delivering fewer, larger, well-planned communities across Pune, Mumbai, Kolhapur, Ratnagiri and Bengaluru.