PARANJAPE R48 THE CANOPY

Live within the canopy — 2 and 3 BHK homes inside Pune's largest nature township

2 & 3 BHK · Starting ₹85 Lac onwards

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RERA: P52100079518
106
Units
2
Towers
1.04
Acres
24
Floors
The Address & The Vision

An Address Worth Coming Home To

Paranjape R48 The Canopy is a 24-storey, 2-tower residential building launched in March 2025 inside the established Forest Trails Township in Bhugaon, Pune. Developed by Paranjape Schemes (Construction) Ltd — founded in 1987, with over 200 projects across 9 cities and 7 countries covering 20 million square feet — The Canopy carries the weight of a developer whose Forest Trails township was awarded Best Residential Project at the CNBC Awaaz Real Estate Awards in 2015. The 106 homes in this building occupy 1.04 acres within a 190-acre township that already hosts more than 3,000 families, giving new residents an immediate, living community rather than a promise of one.

The township context is what separates R48 The Canopy from a standalone high-rise. Within the Forest Trails gates are The Cliff Lifestyle Club, an Olympic-sized sports complex, an Equestrian Academy, the Shri Ravishankar Vidya Mandir school, over 38,000 planted trees, 90% open spaces, cafes, a shopping centre, and walking trails that connect each residential cluster. The micro-climate here runs 2 to 3 degrees cooler than the city because the tree mass is measured in tens of thousands, not hundreds. Residents of The Canopy inherit all of this on day one of possession.

The building form — G+24 floors in two towers — is designed to give each apartment clean sightlines over the tree canopy that borders the northern edge of Sector R48. Carpet areas range from 960 square feet for a 2 BHK to 1,382 square feet for a 3 BHK, reflecting the township's consistent preference for proportioned, usable space over gross-area inflation. Jodi apartment combinations are available for buyers who want contiguous, larger configurations. The structure uses RCC framed construction, and interiors are finished with vitrified tiles in living and bedroom areas, oil-bound distemper on walls, and covered car parking as standard.

Bhugaon is entering a measurable infrastructure transition. The Chandani Chowk flyover, operational since 2025, has already shortened the commute to Pune's core. The PMRDA Ring Road Western Arc alignment — confirmed through Bhugaon, Pirangut, and onward to Hinjawadi — is under active land acquisition. The Pune Metro Phase 2 corridor from Vanaz to Chandani Chowk was approved by the Union Cabinet in June 2025, with completion targeted within four years, placing a metro station effectively at the township's doorstep. Property values in areas aligned with confirmed Ring Road phases have tracked 20 to 30% appreciation ahead of completion in comparable Pune corridors.

R48 The Canopy is MahaRERA registered under number P52100079518, with possession scheduled for December 2029. For families drawn to a forest address with genuine township depth — schools, equestrian, sports club, and 3,000 neighbours already in place — this building offers a defined and verifiable proposition in West Pune's most nature-intensive setting.

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Configurations & Pricing

Choose Your Residence

Starting from Rs. 85 Lacs onwards

ConfigurationSizeStarting Price
2 BHK
Well-proportioned 2 BHK with cross-ventilation and township forest views
960 sq.ft.Rs. 85 Lacs
3 BHK
Spacious 3 BHK with generous carpet area and Sahyadri-facing orientation
1309–1382 sq.ft.Rs. 1.15 Cr
3 BHK (Jodi)
Combined Jodi configuration for families needing extended living space
1920 sq.ft.On Request
Lifestyle

World-Class Amenities

Recreation
Recreation
  • The Cliff Lifestyle Club access
  • Highlands Clubhouse
  • Party Hall
  • Indoor Games Room
  • Snooker and Billiards
  • Table Tennis
  • Cafes and Shopping Centre within township
Active
Active
  • Gymnasium
  • Swimming Pool
  • Tennis Court
  • Badminton Court
  • Yoga Area
  • Jogging and Cycle Track
  • Equestrian Academy within township
  • Forest Trails Sports Club
Family
Family
  • Kids Play Area and Sand Pit
  • Sri Sri Ravishankar Vidya Mandir School within township
  • 24x7 Water Supply
  • Power Backup
  • Covered Car Parking
  • Ambulance Facility
  • Proposed Health Clinic within township
Garden
Garden
  • 38,000+ trees across township
  • 90% open spaces
  • Landscaped Walking Trails
  • Vegetable Market
  • Rainwater Harvesting
  • Internal Roads and Footpaths
  • Sewage Treatment Plant
Master & Floor Plans

Master & Floor Plans

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

Master plan preview
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Location / Address

A Defining Address

Forest Trails Township, Paud Road, Bhugaon, Pune – 412115 · Bhugaon · Pune

Bhugaon sits on the western edge of Pune in Mulshi Taluka, framed by the Sahyadri hills and Manas Lake roughly 1.7 km away. The neighbourhood retains a measured pace that the denser corridors of Kothrud and Bavdhan — each within 10 to 15 minutes — have long surrendered. Paud Road anchors the locale to the city while the Chandani Chowk cloverleaf flyover, completed in 2025, cut the drive to Pune's core by 15 to 20 minutes. Social infrastructure has been expanding westward into the Bhugaon-Pirangut belt, with international schools, hospitals, and retail following a growing residential base.

R48 The Canopy sits inside Sector R48 of the Forest Trails Township, Paranjape's 190-acre integrated community that has been home to over 3,000 residents since its early phases. The project's northern boundary adjoins the Forest Trail boundary itself, which means the tree canopy is a physical neighbour rather than a marketing device. Vanaz Metro Station on Pune's operational Aqua Line is approximately 8.9 km away, and the Union Cabinet-approved Phase 2 Vanaz–Chandani Chowk corridor extension — cleared in June 2025 — will bring a metro station roughly 5 km closer once completed. The PMRDA Pune Ring Road Western Arc, whose Phase 3 alignment passes through Bhugaon and connects to Hinjawadi IT Park, is currently under active land acquisition and DPR confirmation, making this one of the clearest infrastructure upswing stories in West Pune.

Location map
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Connectivity

Location Advantages

Thoroughfares

  • Paud Road — 1 km / 3 mins
  • NH-48 (Mumbai–Pune Highway) — 6.2 km / 12 mins
  • Chandani Chowk Flyover — 7 km / 12 mins
  • Mumbai–Bangalore Highway — 9 km / 18 mins

Corporate

  • Amar Madhuban Tech Park — 12.4 km / 25 mins
  • Hinjewadi IT Park Phase 1 — 14 km / 30 mins
  • Hinjewadi Phase 3 — 15 km / 35 mins
  • Wakad Commercial Hub — 16 km / 30 mins

Hospitality

  • The Pavillion Mall — 14.7 km / 28 mins
  • Chandani Chowk retail precinct — 7 km / 12 mins
  • Bavdhan market area — 9 km / 18 mins
  • Kothrud commercial centre — 11 km / 22 mins

Education

  • Sri Sri Ravishankar Vidya Mandir (within township) — 0.25 km / 2 mins
  • Indus International School Pune — 5.5 km / 12 mins
  • FLAME University — 14.1 km / 28 mins
  • Symbiosis International University — 16 km / 30 mins

Healthcare

  • Shree Ganesh Hospital — 7.6 km / 15 mins
  • Jupiter Hospital Baner — 12 km / 22 mins
  • Sahyadri Hospital Kothrud — 10 km / 20 mins
  • Ruby Hall Clinic (Pune) — 17 km / 35 mins

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Beyond the Project

Infrastructure & Growth

Pune Ring Road Western Arc through Bhugaon

PMRDA's Ring Road Phase 3 alignment traverses Bhugaon and connects directly to Hinjawadi IT Park. With DPR confirmed and land acquisition underway, the corridor is expected to cut Bhugaon-to-Hinjawadi travel time significantly and unlock a direct signal-free route to NH-48.

Pune Metro Phase 2 — Vanaz to Chandani Chowk

Union Cabinet approved this 1.5 km elevated extension in June 2025 at a cost of Rs. 3,626 crore. Once operational, it places a metro station at Chandani Chowk roughly 7 km from the township, connecting Forest Trails residents to Pune's existing Aqua Line network.

Chandani Chowk Cloverleaf Flyover

Completed in 2025, this flyover eliminated one of Pune's historically congested road junctions and reduced travel time between Bhugaon and Pune's core city by 15 to 20 minutes, benefiting all Forest Trails residents from the date of possession.

Pune Metro Line 3 — Hinjewadi to Shivajinagar

The 23.3 km Line 3 corridor running under PPP mode is 88% complete as of 2025. Once operational, it links the Hinjewadi IT cluster to Shivajinagar, making Hinjawadi-based employment directly metro-accessible from the Chandani Chowk corridor near Bhugaon.

Purandar International Airport

Maharashtra's proposed second international airport at Purandar, approximately 60 km from Pune city centre, will add long-haul connectivity to the Pune metropolitan region, supporting both residential and commercial demand across West Pune locations including Bhugaon.

Build Quality

Specifications

Structure

  • RCC framed structure for enhanced durability

Flooring

  • Vitrified tiles in living area, master bedroom, and other bedrooms

Walls

  • Oil-bound distemper finish on bedroom walls

Bathroom

  • Standard CP fittings; 24x7 water supply

Kitchen

  • Utility provisions with ventilation; modular kitchen optional

Doors & Windows

  • Standard engineered frame doors; balcony with scenic canopy and hill views

Security

  • 3-tier security system; CCTV surveillance; 24x7 manned gates
Why Invest

Compelling Reasons

1

Inside a 190-acre living township

R48 The Canopy is not a standalone building but a sector within Paranjape's Forest Trails, a 190-acre integrated township with over 3,000 residents already living. Buyers move into an established community with schools, a lifestyle club, an equestrian centre, and walking trails already operational.

2

Developer with 35 years of delivery in Pune

Paranjape Schemes was founded in 1987 and has delivered over 200 projects across 9 cities covering 20 million square feet. Forest Trails itself won the Best Residential Project award at the CNBC Awaaz Real Estate Awards in 2015, giving this address a verified track record.

3

MahaRERA registered — P52100079518

The project carries a current MahaRERA registration number, providing the statutory buyer protections mandated under the Real Estate (Regulation and Development) Act. Possession is scheduled for December 2029, with a defined timeline on the public MahaRERA portal.

4

Proven infrastructure momentum around Bhugaon

Three concurrent infrastructure triggers — the Chandani Chowk flyover (operational 2025), the PMRDA Ring Road Western Arc alignment through Bhugaon, and the Union Cabinet-approved Vanaz–Chandani Chowk Metro Phase 2 extension — make this one of the most infrastructure-backed addresses in West Pune for the 2025–2029 possession window.

5

Proximity to Manas Lake and Sahyadri green belt

The northern boundary of Sector R48 adjoins the Forest Trail boundary, which sits adjacent to Manas Lake 1.7 km away and the Sahyadri hill range. Bhugaon's tree cover and topography sustain a microclimate measurably cooler than built-up Pune suburbs, and that natural buffer is structurally protected by the township's open-space covenant.

6

Compact boutique scale with full township access

With 106 units across two towers, R48 The Canopy is small enough to sustain a genuine community atmosphere, avoiding the anonymity of large-count projects. Yet residents share all amenities of the wider Forest Trails Township — The Cliff Club, the Equestrian Academy, on-campus schooling, and 38,000+ trees — giving a boutique address outsized lifestyle infrastructure.

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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