PARANJAPE MALKAUNS — New Project Coming Up in Vile Parle East, Mumbai
Paranjape Malkauns: Residential Growth in West Mumbai
Paranjape Malkauns is an upcoming residential complex that offers luxury apartments in Mumbai Western Suburbs. The project marks the developer's continued expansion in the city's premium localities.
Project Overview
The development offers 2BHK-3BHK apartments that range from 634 sqft to 1007 sqft. This configuration targets families and investors seeking compact yet well-appointed urban homes in one of Mumbai's established residential zones.
Location: Vile Parle East
Vile Parle East is a Mumbai suburb located in the western part of the city. It is well-known for its proximity to the Mumbai airport and its thriving commercial district, which is home to numerous shops, restaurants, and businesses. Several prestigious educational institutions, including NMIMS University and Mithibai College, are also located in the area.
Property prices in the area have shown steady appreciation, making it an attractive area for real estate investment and property buyers. Property prices in Vile Parle East range from ₹32,000 to ₹42,000 per sq ft as of 2025.
About Paranjape Schemes
Paranjape Schemes is a real estate development company based in Pune, Maharashtra, India. Established in 1987 by Mr Shrikant Paranjape & Shashank Paranjape, the company has developed a diverse portfolio of real estate projects, including residential, commercial, hospitality, and SEZ projects.
Paranjape Schemes has completed over 190 projects and built over 30,000 homes in Pune, Mumbai, Kolhapur, Ratnagiri, and Bengaluru. In Mumbai specifically, the developer maintains an active portfolio across multiple localities, with Malkauns being part of their ongoing expansion in the Western Suburbs segment.
Infrastructure & Connectivity
The location offers proximity to Mumbai's key commercial hubs and transportation arteries. Vile Parle East is ideally situated close to Juhu, Santacruz, and Andheri, providing easy access to Mumbai's main business areas, entertainment venues, and social scenes. The Western Express Highway, SV Road, and the soon-to-be Coastal Road guarantee easy commutes.