Two New Towers on Sinhgad Road — Paranjape Schemes Brings Its Pune West Vision to One of the City's Most Established Corridors
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Paranjape Schemes Construction Limited, founded in 1987 by Shrikant and Shashank Paranjape, is among Pune's most enduring residential developers — a company that has delivered over 200 projects across nine cities, covering more than 20 million square feet and serving upward of 75,000 residents. The new towers on Sinhgad Road represent the latest chapter in its long engagement with Pune's western corridor, a geography the company knows intimately through landmark developments such as the 138-acre Blue Ridge township at Hinjewadi and the 170-acre Forest Trails township at Bhugaon.
Sinhgad Road has earned its place as a preferred residential address through practical merit: proximity to central Pune, a well-layered social infrastructure, and a residential character that balances density with liveability. These two towers are designed for households that value genuine connectivity — to workplaces, schools, hospitals, and the kind of daily conveniences that make a neighbourhood function smoothly year after year.
Paranjape's design philosophy has always centred on what the company calls "Building for All" — the idea that a well-made home should serve its occupants across life's stages, not just at the moment of purchase. Across its portfolio, that has translated into thoughtfully proportioned layouts, curated amenity decks, and the attention to construction quality that underpins a 100-percent delivery track record the company has maintained across decades of activity in Pune's residential market.
The broader Pune West pipeline announced in March 2026 — five towers across Sinhgad Road, Bhugaon, and Hinjewadi Phase 1, representing a development potential of over 1.75 million square feet and a revenue potential of approximately Rs 1,175 crore — signals the scale of commitment behind these launches. Choosing Sinhgad Road now, as infrastructure investment by the PMC and MahaMetro accelerates around the corridor, places a buyer at an address with both established amenities and genuine forward momentum.
Paranjape's channel-partner network and direct sales team are available to walk prospective buyers through configurations, pricing, and payment structures. Enquiries are welcomed for those considering this address as either a primary residence or a long-term residential investment.
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Sinhgad Road, Pune West, Pune, Maharashtra · Sinhgad Road · Pune
Sinhgad Road is one of Pune's longest-established arterial corridors, stretching south-west from Dattawadi toward Katraj and Khadakwasla, and taking its name from the historic Sinhagad Fort that anchors the skyline to the south. The road connects residential neighbourhoods such as Wadgaon Budruk, Dhayari, and Hingne Khurd to commercial hubs in Kothrud and Magarpatta, making it a practical address for both working professionals and families. Retail malls including Abhiruchi and Santosh, a strong network of schools, and Sinhagad Speciality and Pulse Multispeciality hospitals all fall within easy reach. Property values along this belt have shown meaningful appreciation, with apartment prices rising approximately 15.7 percent over the preceding twelve months according to 99acres data.
The Pune Municipal Corporation is actively investing in the corridor: a new bridge parallel to the existing Rajaram Bridge has been planned to improve connectivity between Sinhgad Road and Karvenagar, and a Sinhgad Road flyover has been in the pipeline to reduce daily traffic bottlenecks. The nearest metro access points — Nal Stop, Ideal Colony, and Anand Nagar stations on the operational Purple Line — sit within a short commute, while the approved Swargate–Katraj Metro extension (Line 1B, groundbreaking September 2024) is designed to bring underground metro connectivity closer to the southern reaches of this corridor by 2029. Pune Junction railway station is approximately 10–12 kilometres away, and Pune's Lohegaon Airport is accessible via Sangamwadi and Airport roads.
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MahaMetro's approved underground extension from Swargate toward Katraj — groundbreaking completed September 2024, targeting three new stations including Padmavati and Katraj — will bring metro connectivity significantly closer to Sinhgad Road's southern catchment by 2029.
A dedicated flyover along Sinhgad Road has been earmarked by the PMC to ease daily traffic bottlenecks along the corridor, forming part of the city's broader arterial infrastructure programme.
PMC has planned a new bridge parallel to the existing Rajaram Bridge to improve east–west connectivity between Sinhgad Road and Karvenagar–DP Road, directly reducing peak-hour congestion for Sinhgad Road residents.
Pune Municipal Corporation has earmarked Rs 954 crore in its FY 2026–27 draft budget for infrastructure development in villages recently merged into the city's limits, covering Sinhgad Road's peripheral neighbourhoods including road upgrades and utilities.
The Rs 42,711-crore Outer Ring Road connecting six national highways around Pune is in advanced land acquisition, with partial sections targeted for opening by late 2025 and full completion by mid-2027, improving Sinhgad Road's access to the wider metropolitan network.
Paranjape Schemes has been building in Pune since 1987, completing over 200 projects across nine cities and 20 million square feet. Its 100-percent delivery track record — across downturns, regulatory changes, and market cycles — gives buyers here a substantive reference point, not a promise on paper.
Rather than a sprawling mixed-use campus, this launch is a focused residential offering: two towers on an established corridor, sized for the neighbourhood and designed for buyers who want genuine urban connectivity without the scale and complexity of a large township.
The corridor has been home to schools, hospitals, retail malls, and established communities for over a decade. Buyers are not betting on a greenfield location — the social infrastructure is already in place, with appreciation data (approximately 15.7% year-on-year per 99acres) reflecting sustained demand.
PMC road works, the approved Swargate–Katraj Metro extension (Line 1B), a new Rajaram Bridge parallel span, and the MSRDC Outer Ring Road all converge to improve Sinhgad Road's accessibility over the next three to five years — strengthening the long-term case for this address.
These towers form part of a five-tower, 1,400-home pipeline across Sinhgad Road, Bhugaon, and Hinjewadi Phase 1 — representing over 1.75 million square feet and Rs 1,175 crore in projected revenue — signalling the organisational scale and financial depth behind the launch.
Kothrud's commercial and educational belt is approximately 10 minutes away, while Magarpatta Cybercity is reachable within 30 minutes. Hinjewadi IT Park Phase 1, where Paranjape already operates Blue Ridge township, is accessible within 35 minutes, covering Pune's three principal employment axes from a single address.
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