Paranjape Schemes Launches The Promenade Residences at Blue Ridge Township, Hinjewadi Phase 1
Paranjape Schemes Launches The Promenade Residences at Blue Ridge
Paranjape Schemes (Construction) Ltd. announced the launch of The Promenade Residences, the newest residential address within Blue Ridge, its landmark 150-acre integrated township in Hinjewadi Phase 1, Pune, on July 30, 2026.
Tower Design and Orientation
Rising 32 storeys, the Promenade Residences 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 maximise natural light and ventilation while creating an elevated sense of space.
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, cafés, restaurants and a 9-hole golf course in a self-sustained ecosystem.
Blue Ridge received an award at the NDTV Property Awards 2015 ceremony in the category of "Best Township Project of India."
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.
Hinjewadi Phase 1 is home to major IT campuses including Infosys, Wipro, and Tata Technologies. Regional connectivity improvements, including the Missing Link, have reduced travel time to Mumbai to nearly 2.5 hours.
About Paranjape Schemes
Paranjape Schemes was established in 1987 by Shrikant Paranjape and Shashank Paranjape. The company has completed over 190 projects and built over 30,000 homes in Pune, Mumbai, Kolhapur, Ratnagiri, and Bengaluru. Paranjape Schemes has 83 residential and commercial projects in its portfolio, out of which 58 projects are in Pune.
The company is committed to quality construction and customer satisfaction, using innovative technology and sustainable construction practices to create functional and environmentally friendly projects.
Township Philosophy
Inspired by a vision to shape a lifestyle rather than merely build homes, The Promenade Residences carries forward Blue Ridge's philosophy of creating thoughtfully planned communities where sustainability, nature and a strong sense of belonging come together for generations.