PARANJAPE BLUE RIDGE THE PROMENADE RESIDENCES — New Project Coming Up in Hinjewadi Phase 1, Pune

Paranjape Announces The Promenade Residences at Blue Ridge

Paranjape Schemes (Construction) Ltd., a legacy developer known for pioneering new-age residential formats, announced on July 30, 2026, the launch of The Promenade Residences, the newest residential address within Blue Ridge, its landmark 150-acre integrated township in Hinjewadi Phase 1, Pune.

Project Overview

The Promenade is an exclusive 41-storey tower offering 3 BHK and 4 BHK premium residences. The 3 BHK residences have a carpet area of 1317 sq.ft., while 4 BHK units measure 1632 sq.ft.

The tower has been designed with only three residences on every floor, offering greater privacy, spacious layouts and uninterrupted views. Every residence features an uninterrupted view of the Mula River on one side and panoramic views of the Blue Ridge township and Pune skyline on the other. The residences feature open layouts, expansive living and dining spaces, walk-in wardrobes, exclusive guest entry and private decks overlooking the Mula River.

Location and Connectivity

Strategically located in Hinjewadi Phase 1, the development offers seamless access to Pune's leading IT and business hubs while placing residents within an established township that integrates homes, workspaces, education, recreation and everyday conveniences.

Over the last two decades, Hinjewadi Phase 1 has evolved significantly from being a market driven by smaller ticket-size homes to one that is increasingly attracting discerning homebuyers seeking premium living. Post-pandemic, the neighbourhood has matured into a well-established residential destination with world-class social infrastructure, leading schools, healthcare facilities and a vibrant community. Improved regional connectivity, including the Missing Link, has reduced travel time to Mumbai to nearly 2.5 hours.

Blue Ridge Township Ecosystem

Blue Ridge has evolved into one of Pune's most established integrated communities, bringing together residential neighbourhoods, commercial spaces, an award-winning ICSE school, a state-of-the-art sports club, high street shopping, cafes, restaurants and a 9-hole golf course in a self-sustained ecosystem.

About Paranjape Schemes

Paranjape Schemes (Construction) Ltd., established in 1989 in Pune, is one of India's leading real estate developers with over 35 years of legacy. The company has 83 residential and commercial projects in its portfolio, out of which 58 projects are in Pune.

Regulatory Details

The Promenade has MahaRERA Registration Number P52100055581.