Paranjape Schemes New Tower, Hinjewadi Phase 1, Pune West

The Address & The Vision

An Address Worth Owning

Paranjape Schemes has announced a new tower in Hinjewadi Phase 1 as part of a wider Pune West launch pipeline spanning Sinhgad Road, Bhugaon and Hinjewadi, together representing close to 1,400 homes and over 1.75 million sq ft of residential development. This tower marks the developer's continuing investment in a locality it has helped shape since establishing the Blue Ridge township here.

For residents, the promise of this address is straightforward: a home inside a corridor built around work, with the Rajiv Gandhi Infotech Park and its Fortune 500 occupants within easy reach, alongside schools, hospitals and retail that have grown up around the IT population over the past two decades.

Paranjape Schemes has built its reputation over 35 years on integrated township planning, a philosophy visible in Blue Ridge and Forest Trails, where housing, social infrastructure, open spaces and community facilities are designed as connected ecosystems rather than standalone towers. This new tower is conceived within that same tradition of planned, self-sustained neighbourhoods.

Hinjewadi Phase 1 remains one of Pune's most sought-after residential corridors for IT and corporate professionals precisely because of this alignment between workplace and home. As the developer expands its footprint here with a new tower, buyers gain access to an address with an established social fabric rather than a location still being built from scratch.

Paranjape Schemes invites homebuyers and investors to explore this new tower in Hinjewadi Phase 1, a continuation of a Pune West address the developer has cultivated for years.

A Look Inside

PARANJAPE SCHEMES PUNE WEST — NEW TOWER (HINJEWADI PHASE 1), Pune — Photo 1

PARANJAPE SCHEMES PUNE WEST — NEW TOWER (HINJEWADI PHASE 1), Pune — Photo 2

PARANJAPE SCHEMES PUNE WEST — NEW TOWER (HINJEWADI PHASE 1), Pune — Photo 3

PARANJAPE SCHEMES PUNE WEST — NEW TOWER (HINJEWADI PHASE 1), Pune — Photo 4

PARANJAPE SCHEMES PUNE WEST — NEW TOWER (HINJEWADI PHASE 1), Pune — Photo 5

PARANJAPE SCHEMES PUNE WEST — NEW TOWER (HINJEWADI PHASE 1), Pune — Photo 6

PARANJAPE SCHEMES PUNE WEST — NEW TOWER (HINJEWADI PHASE 1), Pune — Photo 7

PARANJAPE SCHEMES PUNE WEST — NEW TOWER (HINJEWADI PHASE 1), Pune — Photo 8

Configurations & Pricing

Choose Your Space

Pricing on request — speak with our sales team.

Lifestyle

World-Class Amenities

Recreation

Clubhouse
Multipurpose hall
Indoor games room
Lounge deck

Active

Gymnasium
Swimming pool
Jogging track
Sports court

Community

Kids play area
Senior citizen sit-out
Multipurpose lawn

Greens & Outdoors

Landscaped gardens
Podium greens
Walking paths

Master & Floor Plans

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

Preview only — request full plan

Location / Address

A Defining Address

Rajiv Gandhi Infotech Park Road, Pune 411057 · Pune

Hinjewadi Phase 1 sits at the heart of Pune's western IT corridor, anchored by the Rajiv Gandhi Infotech Park, one of the largest and fastest-growing business hubs in the region, home to over 150 companies spanning IT, manufacturing, pharmaceutical and R&D operations. The locality has matured over two decades from an emerging tech address into an established residential and commercial precinct, with business hotels, schools and healthcare facilities built around its working population.

This new tower extends Paranjape Schemes' long-standing presence in the locality, where the developer's Blue Ridge township has been a defining address for years. For residents, the value of Hinjewadi Phase 1 lies in the ability to walk or drive minutes to a workplace inside the Infotech Park while returning each evening to a township environment with its own schools, retail and open spaces already in place.

Preview only — request full map

Connectivity

Location Advantages

Thoroughfares

Mumbai-Pune Expressway — 9 km / 20 mins
Hinjewadi-Wakad Road — 2 km / 5 mins
Balewadi High Street — 7 km / 15 mins

Corporate

Rajiv Gandhi Infotech Park — 1 km / 5 mins
Panchshil Tech Park — 10 km / 20 mins

Hospitality

Radisson Blu Pune Hinjawadi — 1 km / 5 mins
Courtyard by Marriott Pune Hinjewadi — 2 km / 8 mins

Education

Symbiosis International University — 5 km / 12 mins
Blue Ridge Public School — 1 km / 5 mins
Mahindra International School — 2 km / 7 mins

Healthcare

Sanjeevani Multispeciality Hospital — 3 km / 10 mins
Aditya Birla Memorial Hospital — 8 km / 20 mins

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See the property in person. Our sales team will get in touch to coordinate a visit at your convenience.

Beyond the Project

Infrastructure & Growth

Pune Metro Hinjewadi-Shivajinagar corridor

A metro link connecting the Hinjewadi IT corridor to central Pune is progressing, aimed at easing daily commutes for the large working population based in and around Rajiv Gandhi Infotech Park.

Mumbai-Pune Expressway upgrades

Ongoing widening and missing-link works on the Mumbai-Pune Expressway corridor are intended to reduce travel time between Pune's western suburbs and Mumbai for residents and commuting professionals alike.

Rajiv Gandhi Infotech Park expansion

Continued occupancy growth within the Infotech Park, home to numerous IT, R&D and manufacturing companies, keeps reinforcing rental and end-user housing demand across Hinjewadi Phase 1.

Balewadi-Baner road network

Improved arterial connections between Balewadi, Baner and Hinjewadi are easing access to Pune's inner suburbs, retail destinations and the Mumbai-Bangalore Highway from the Hinjewadi corridor.

PMRDA ring road development

The planned Pune ring road under PMRDA is expected to improve peripheral connectivity for western Pune localities including Hinjewadi, supporting long-term commute and logistics efficiency for the region.

Build Quality

Specifications

Structure

RCC framed construction
Earthquake-resistant design as per applicable codes

Flooring

Vitrified tile flooring in living and bedrooms
Anti-skid tiles in balconies

Bathroom

Branded CP fittings
Premium sanitaryware

Kitchen

Provision for modular kitchen
Granite platform

Doors & Windows

Engineered wood door frames
Powder-coated aluminium windows

Electrical

Concealed copper wiring
Modular switches

Security

24/7 CCTV surveillance
Gated township access

Why Invest

Compelling Reasons

1

Established Hinjewadi Phase 1 address

This tower extends Paranjape Schemes' long-running presence in Hinjewadi Phase 1, a locality the developer has helped build up through its Blue Ridge township over the past several years, offering buyers an address with an existing social and physical infrastructure rather than an untested one.

2

Proximity to Rajiv Gandhi Infotech Park

The tower sits close to one of Pune's largest employment hubs, home to over 150 companies including several Fortune 500 occupants, giving residents a genuinely short commute between home and workplace.

3

Developer with a 35-year track record

Paranjape Schemes was established in 1989 and has delivered over 200 residential and commercial projects across nine Indian cities, spanning more than 20 million sq ft and serving over 75,000 residents, a scale that reflects sustained execution capability.

4

Part of a larger Pune West growth push

The tower is one part of a coordinated launch across Sinhgad Road, Bhugaon and Hinjewadi Phase 1, together representing close to 1,400 homes, indicating continued developer investment and long-term commitment to Pune's western corridor.

5

Township-style planning philosophy

Paranjape Schemes is known for integrated township formats such as Blue Ridge and Forest Trails, where housing is planned alongside social infrastructure, open spaces and community facilities rather than as an isolated structure.

6

Well-connected western Pune location

Hinjewadi Phase 1 offers practical access to the Mumbai-Pune Expressway, Balewadi and Baner, along with established schools, hospitals and hospitality options that have developed around the IT workforce over the past two decades.

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 is Paranjape Schemes Pune West — New Tower (Hinjewadi Phase 1) located?+

The tower is located in Hinjewadi Phase 1, part of the Rajiv Gandhi Infotech Park precinct in Pune's western IT corridor, an area Paranjape Schemes has been present in through its Blue Ridge township.

Is Paranjape Schemes Pune West — New Tower (Hinjewadi Phase 1) RERA registered?+

As a freshly announced launch, RERA registration for this specific tower is being processed and the number will be published once approval comes through from the Maharashtra RERA authority.

What configurations will Paranjape Schemes Pune West — New Tower (Hinjewadi Phase 1) offer?+

Configuration and pricing details for this tower have not been released publicly yet; they will be shared once the project formally opens for booking.

When is possession expected for Paranjape Schemes Pune West — New Tower (Hinjewadi Phase 1)?+

A confirmed possession timeline for this tower has not been announced yet as it is part of a newly unveiled launch pipeline.

How well connected is Hinjewadi Phase 1 to Pune's IT hub?+

Hinjewadi Phase 1 sits within the Rajiv Gandhi Infotech Park precinct, which is home to over 150 companies including several Fortune 500 firms, making it one of Pune's principal IT employment centres.

Who is developing Paranjape Schemes Pune West — New Tower (Hinjewadi Phase 1)?+

The tower is being developed by Paranjape Schemes (Construction) Ltd, a Pune-based developer established in 1989 that has delivered over 200 residential and commercial projects across nine cities spanning more than 20 million sq ft.