Updates

Paranjape Schemes Launches The Promenade Residences at Blue Ridge Township, Hinjewadi Phase 1

Paranjape Schemes has launched The Promenade Residences, a new 32-storey premium tower with riverfront and skyline views within its 150-acre Blue Ridge Township in Hinjewadi Phase 1, Pune.

Paranjape Spaces & Services Pvt Reports Standalone Net Loss of ₹16.04 Crore for March 2026 Quarter

Paranjape Spaces & Services Pvt, a group entity, disclosed its Q4 and full-year FY26 standalone financial results, showing a widened net loss alongside sharply higher sales.

Paranjape Schemes Raises ₹150 Crore from WSB Real Estate Partners for Strategic Land Acquisition at Blue Ridge and Forest Trails

Paranjape Schemes has secured ₹150 crore from WSB Real Estate Partners and its co-investors to fund strategic land acquisitions within its Blue Ridge (Hinjewadi Phase 1) and Forest Trails (Bhugaon) township projects. The developer says the capital will unlock new residential phases with a development potential of up to ₹2,500 crore in revenue.

Paranjape Schemes Unveils First Television Commercial for Swaniketan, Sparking Nationwide Conversation on Differently-Abled Housing

Paranjape Schemes launched its first-ever television commercial (TVC) for Swaniketan, India's first purpose-built residential community for differently-abled individuals, aiming to spark a nationwide conversation on inclusive housing.

Paranjape Schemes Secures ₹90 Crore from Nisus Finance for Premium Residential Tower at Blue Ridge Township, Hinjewadi Phase 1

Paranjape Schemes announced a strategic investment partnership with Nisus Finance on May 18, 2026, with Nisus investing ₹90 crore through its Real Estate Special Opportunities Fund-I (RESO-I) into Realnet Ventures Private Limited to fund a new premium residential tower at the Blue Ridge township in Hinjewadi Phase 1, Pune.

Paranjape Schemes' Athashri Senior Living Platform Marks 25 Years and 6,000th Resident Milestone

Paranjape Schemes celebrated the 25th anniversary of its Athashri senior living platform in April 2026, marking the milestone with the handover of a home to its 6,000th resident in Vadodara. The platform now spans nearly 16 communities supporting over 3,000 active senior residents across multiple cities.

Paranjape Athena in Bandra East Crosses 90% Sales as Project Nears Completion

Paranjape Schemes' Athena project in Bandra East, Mumbai has crossed 90% sales as the development nears completion, reflecting strong buyer demand in the BKC-Bandra East corridor.

Paranjape Schemes to Invest ₹700 Crore for 1,400-Home Festive Launch Pipeline Across Pune West

Paranjape Schemes Construction Ltd announced a ₹700 crore investment to develop approximately 1,400 residential units across four projects in Pune's western micro-markets as part of its festive season pipeline. The projects span Sinhgad Road, Bhugaon, and Hinjewadi Phase 1, with a combined estimated revenue potential of ₹1,175 crore.

MahaRERA Orders Paranjape Schemes to Pay Interest for Delayed Possession in Forest Trails Athashri – B2 Project

In a final order dated March 17, 2026, MahaRERA directed Paranjape Schemes to pay interest to five homebuyers in its Forest Trails Athashri – B2 project for delayed possession. The authority also ordered ₹20,000 in litigation costs per complainant and directed the developer to provide independent electricity meters.

Paranjape Schemes Partners with Tarangan Foundation for Care Assessment at Swaniketan

Paranjape Schemes announced a strategic collaboration with Tarangan Foundation, a Pune-based non-profit, to anchor structured screening, assessment, and long-term care planning for residents of Swaniketan, India's first residential community designed for differently-abled individuals. The partnership was announced on 7 March 2026.

Paranjape Schemes Concludes the Swaniketan Film Series with Chapter 3 — 'A New Door Opens'

Paranjape Schemes released the third and final chapter of its Swaniketan brand film series, wrapping up a multi-week narrative campaign built around inclusive living for differently-abled individuals.

Paranjape Schemes Launches Swaniketan — India's First Purpose-Built Residential Community for Differently-Abled Individuals

Paranjape Schemes unveiled Swaniketan, described as India's first residential community purpose-built for differently-abled individuals and their families, developed under its Paranjape Special Projects division. The launch was accompanied by the developer's first television commercial for the project, released on 9 February 2026.