PARANJAPE THE PROMENADE RESIDENCES, Hinjewadi Phase 1, Pune

PARANJAPE THE PROMENADE RESIDENCES

A 32-storey riverfront address inside Pune's Blue Ridge township

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96
Units
1
Towers
32
Floors
The Address & The Vision

An Address Worth Owning

Paranjape The Promenade Residences is the newest residential address within Blue Ridge, the 150-acre integrated township that Paranjape Schemes has developed in Hinjewadi Phase 1, Pune. Rising 32 storeys with only three residences on every floor, the tower has been shaped around privacy, spacious layouts and uninterrupted views rather than density.

Every residence looks out over the Mula river on one side and over the Blue Ridge township and the Pune skyline on the other, a dual outlook that is rare within a single tower footprint. The design maximises natural light and ventilation through each home, extending the sense of openness that the river frontage already offers.

The project carries forward Blue Ridge's own planning philosophy, one built around thoughtfully sequenced communities where sustainability, nature and a sense of belonging inform the layout of homes as much as their finishes. That philosophy has guided the township since its earliest phases and continues into this newest tower.

Hinjewadi Phase 1 has changed considerably over the last two decades, moving from a market of smaller homes toward one that now attracts buyers looking for premium addresses close to the IT corridor. Paranjape The Promenade Residences arrives at that inflection point, offering a riverfront home inside an already-functioning township rather than a standalone tower on the periphery.

For buyers evaluating Hinjewadi Phase 1, the address combines the convenience of an established ecosystem with the scale and outlook of a new riverfront tower.

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Configurations & Pricing

Choose Your Space

Pricing on request — speak with our sales team.

Lifestyle

World-Class Amenities

Recreation at PARANJAPE THE PROMENADE RESIDENCES, Hinjewadi Phase 1, Pune
Recreation
  • Clubhouse
  • 9-hole golf course access within Blue Ridge township
  • High street retail and cafes
  • Multipurpose hall
  • Indoor games room
Active at PARANJAPE THE PROMENADE RESIDENCES, Hinjewadi Phase 1, Pune
Active
  • Gymnasium
  • Swimming pool
  • Jogging and cycling track
  • Sports club within the township
  • Yoga and aerobics deck
Community at PARANJAPE THE PROMENADE RESIDENCES, Hinjewadi Phase 1, Pune
Community
  • Kids play area
  • ICSE school within the township
  • Community hall
  • Senior citizen sit-out
Greens & Outdoors at PARANJAPE THE PROMENADE RESIDENCES, Hinjewadi Phase 1, Pune
Greens & Outdoors
  • Riverfront landscaped promenade
  • Central landscaped park
  • Podium gardens
  • Water features
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

Blue Ridge Township, Rajiv Gandhi Infotech Park, Hinjewadi Phase 1, Pune 411057 · Hinjewadi Phase 1 · Pune

Hinjewadi Phase 1 sits at the heart of Pune's Rajiv Gandhi Infotech Park, the corridor that houses Infosys, Wipro, TCS and hundreds of other technology campuses. Over the past two decades the neighbourhood has moved on from a market of smaller ticket-size homes to one drawing discerning buyers seeking premium residences, and in the years since the pandemic it has matured into a well-established destination with schools, hospitals and a settled community around it.

Paranjape The Promenade Residences occupies a position within Blue Ridge, a 150-acre integrated township that Paranjape Schemes has built out over the years into one of Pune's most established self-sustained communities, combining homes, workspaces, an ICSE school, a sports club, a 9-hole golf course, high street retail, cafes and restaurants. Living here places residents inside that ecosystem while keeping the IT corridor, and the daily commute it demands, within easy reach.

Location map
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Connectivity

Location Advantages

Thoroughfares

  • Hinjewadi Phase 1 Road — On-site
  • Mumbai-Pune Expressway — Approx. 8 km
  • NH-48 — Approx. 6 km
  • Wakad Chowk Metro Station — Approx. 3 km

Corporate

  • Rajiv Gandhi Infotech Park — Within Hinjewadi Phase 1
  • Infosys Hinjewadi campus — Approx. 1-2 km
  • Wipro Hinjewadi campus — Approx. 2 km
  • TCS Hinjewadi campus — Approx. 2-3 km

Hospitality

  • Radisson Blu Pune Hinjawadi — Approx. 3 km
  • Courtyard by Marriott, Hinjewadi — Approx. 3 km
  • Hyatt Place, Hinjewadi — Approx. 4 km

Education

  • Blue Ridge Public School — Within the township
  • VIBGYOR High, Hinjewadi — Approx. 3 km
  • Mercedes-Benz International School — Approx. 2 km
  • I2IT Engineering College — Approx. 3-4 km

Healthcare

  • Hinjawadi Hospital — Approx. 3-5 km
  • Sanjeevani Hospital — Approx. 3-5 km
  • Ashirwad Hospital — Approx. 3-5 km
  • Dr. D. Y. Patil Medical College Hospital — Approx. 8-10 km

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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

The metro line planned to connect the Hinjewadi IT corridor to central Pune is expected to ease dependence on road travel for residents and the working population of the belt.

Mumbai-Pune Expressway missing link

Ongoing expressway improvement works between Pune and Mumbai are expected to shorten travel time on one of the busiest intercity corridors serving Hinjewadi-based commuters and businesses.

Wakad-Hinjewadi road widening and flyovers

Continued widening and grade-separator works along the Hinjewadi-Wakad stretch aim to reduce the congestion long associated with this IT corridor approach road.

Rajiv Gandhi Infotech Park expansion

Hinjewadi Phase 1 continues to see fresh IT and business occupancy within Rajiv Gandhi Infotech Park, reinforcing the area's role as one of Pune's principal employment hubs.

Balewadi social infrastructure growth

The neighbouring Balewadi belt, home to the Balewadi Sports Complex and retail hubs, continues to add civic and recreational infrastructure that benefits the wider Hinjewadi catchment.

Build Quality

Specifications

Structure

  • RCC framed high-rise structure
  • Earthquake-resistant design as per applicable codes

Flooring

  • Vitrified tile flooring in living and bedroom areas

Bathroom

  • Premium sanitaryware and CP fittings
  • Anti-skid tiles in bathrooms

Kitchen

  • Provision for modular kitchen
  • Granite/quartz kitchen platform

Doors & Windows

  • Flush doors with veneer finish
  • Aluminium/UPVC windows

Electrical

  • Concealed copper wiring
  • Adequate power outlets with modular switches

Security

  • 24/7 CCTV surveillance
  • Gated township security at Blue Ridge
Why Invest

Compelling Reasons

1

Address within an established township

The tower stands inside Blue Ridge, a 150-acre integrated community that already brings together homes, workspaces, an ICSE school, retail and recreation, so residents step into a functioning ecosystem rather than a standalone new development.

2

Riverfront and skyline outlook

Every residence has been planned to face the Mula river on one side and the Blue Ridge township and Pune skyline on the other, giving each home a dual, uninterrupted view rather than a single fixed aspect.

3

Only three homes per floor

Across all 32 storeys, the tower has been designed with just three residences on every floor, a low-density plan that prioritises privacy and space over the unit count typical of taller towers.

4

Proximity to Pune's IT corridor

Hinjewadi Phase 1 sits inside the Rajiv Gandhi Infotech Park, placing the tower within easy reach of Infosys, Wipro, TCS and the wider cluster of technology campuses that anchor this part of Pune.

5

Legacy developer track record

Paranjape Schemes was founded in 1987 by Shrikant and Shashank Paranjape and has since built the Blue Ridge township into one of Hinjewadi's most established addresses over the past two decades.

6

A maturing premium micro-market

Hinjewadi Phase 1 has shifted from a market of smaller ticket-size homes toward one drawing discerning buyers seeking premium residences, particularly in the years since the pandemic, as social infrastructure around it has matured.

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 The Promenade Residences located?+
Paranjape The Promenade Residences is located within Blue Ridge Township in Hinjewadi Phase 1, Pune, an established integrated community that also houses residential neighbourhoods, commercial spaces, an ICSE school, a sports club and a 9-hole golf course.
How tall is the Paranjape The Promenade Residences tower?+
The tower rises 32 storeys and has been designed with only three residences on every floor, giving residents greater privacy and uninterrupted views of the Mula river on one side and the Blue Ridge township and Pune skyline on the other.
Is Paranjape The Promenade Residences RERA registered?+
Paranjape The Promenade Residences has just been launched and registration details will be published as the project progresses through the approval process.
What configurations are offered at Paranjape The Promenade Residences?+
The project offers premium residences within a single riverfront tower in the Blue Ridge township; specific configuration sizes and pricing will be released by the developer closer to booking.
What is the connectivity like near Paranjape The Promenade Residences in Hinjewadi Phase 1?+
The project sits within Hinjewadi Phase 1, giving residents seamless access to Pune's major IT and business hubs including the Rajiv Gandhi Infotech Park, while remaining inside a self-sufficient township with schools, retail and recreation.
Who is the developer behind Paranjape The Promenade Residences?+
The project is developed by Paranjape Schemes (Construction) Ltd., a Pune-headquartered developer founded in 1987 that has built the Blue Ridge integrated township in Hinjewadi over the past two decades.

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