The company has maintained its quality and so far built and transferred more than 200 projects. At present, the company has more than 32 projects underway in 8 cities across the country. These include Pune, Mumbai, Ratnagiri, Kolhapur, Chiplun, Nashik, Bengaluru and Vadodara. The company has fulfilled the dream of 80,000 citizens through these projects and added joy to their lives. This is the reason why customer confidence in the company has increased. These projects include everything from 1 RK to penthouses, row houses and villas. So far, in the construction sector, the company has made constructions to the tune of 23 million square feet, out of which 18.5 million sq ft is residential while 4.5 million sq ft is commercial. In addition, the company has also worked on redevelopment, township projects, affordable housing, SEZ sector and educational institutions. Township projects mainly include the Blue Ridge Township spread over 138 acres in Pune Hinjewadi and Forest Trails Township spread over 170 acres in Bhugaon. For the last seven years, as a trusted builder the company has been organising Options Unlimited, a home festival under the roof. Customers who wish to buy a house through this home festival, get the benefit of many offers. For the last two years, this home fest is being organised online. Like every year, the response has been overwhelming. This year, among the new projects, there were residential projects like The Groves at Blue Ridge Hinjewadi, ‘Everglades’ at Forest Trails Bhugaon, ‘Madhukosh’ on Sinhagad Road, ‘Azure’ at Tathawade, ‘Guardian Cityscape’ near Rajaram bridge and ‘Opulus’ in Thane as well as a commercial project like Magnolia Business Centre in Baner.
The glorious tradition of business and social commitment - Paranjape Schemes
The Paranjape Schemes (Construction) Ltd company which is active in the construction business for more than three decades, is not only at the forefront in the state, but also in the country. Thanks to the trust it has instilled, the company has established a bond with customers for generations
Sensitive social consciousness along with successful business
The fourth generation of Paranjape Schemes (Construction) Ltd is active in the construction business today. Mr Shrikant and Shashank Paranjape say that in the future, they want the next generation to grow and expand the business. It should have the best professional management. However, during that journey, it is equally important to cherish values, they add.
The customer is really God
“Our grandfather ensured that the silver bought from Paranjape would be 99% pure. The same principle was followed by our father and uncle in the construction business. And we are following the same path as also our next generation. A customer lives in the house that you have built over two years for his lifetime. So indeed, the customer is God. We don’t consider buying land and building houses a business, we believe it is a bond. We have never lost touch with our customers. These values gave us quality, honesty and customer trust. The customer becomes your goodwill ambassador if you hand over the possession of the house in time and have transparent transactions.”
The Paranjape Family
The Paranjape family hails from Vile Parle area of Mumbai. In 1987, they came to Pune. They constructed a six-apartment project in Kothrud titled Shriram Aprtment. Mr Shrikant Paranjape is a CA by qualification while Mr Shashank is a Commerce graduate. Although the two think differently, their strength lies in the fact that they are unanimous in their decisions. It is on the basis of this strength that the company has till today completed the construction of two crore square feet in the form of 200 residential and commercial projects. Meanwhile, work on 32 projects is underway. Mr Shrikant Paranjape’s elder son Rahul has done his MBA in Finance from Melbourne (Australia) while his younger son Sahil holds a degree in Product Design from Singapore. Mr Shashank Paranjape’s elder son Amit has secured a degree in Construction Management from Purdue University, USA. He has also done a Family Business Management course from ISB Hyderabad. His younger son Yash holds a B Arch (Architect) degree from Manchester University, UK. All four pursued higher education abroad and have made their mark in the business. Along with the Paranjape family, the 800 employees of the company, experts from other departments as well contractors, vendors, suppliers of various things who have been extending significant support to them, have contributed to the growth of the company.
Happiness Network
“Man is a social animal who enjoys being with the family and the community. We launched Happiness Network so that the positive energy among people is united and everyone makes progress through it. Once the customer has bought a house in Paranjape Schemes, he becomes a member of the Happiness Network. Through ‘Happiness Network’, the company organises many cultural as well as sports competitions for all of its customers. This way, a customer’s neighbours become his friends and family and a happy, vibrant community is formed. The Happiness Network of Paranjape Schemes today consists of 12,000 families. As part of this concept, we organise competitions between housing societies and cultural events during the Ganapati festival. This increases unity among them, the bonds of neighbourhood become stronger and the network remains strong. Due to the expansion of our families, we live in two separate houses but our family is still a joint family and we celebrate festivals traditionally and together,” says Paranjape.
Why choose Paranjape schemes only?
- ● After giving possession of the house, all necessary things are supplied and assistance is provided
- Digital Society Management happens through Happiness Network
- सांस्कृतिक वारसा जपण्यासाठी अनेक सांस्कृ तिक स्पर्धा व कार्यक्रमांचे आयोजन
- Publicity is given through Happiness Network to grow your business
- The mechanism to rent out your house is present
- The company brings out its own newsletter to keep its customers up to date
- A variety of inter-society competitions such as cricket, football are organised
A bungalow in Forest Trails
Accept innovation while holding on to your identity
“Even today, there are many customers in Pune who proudly say, ‘We live in Paranjape Schemes’ and it is a matter of pride for us. But we have been accepting new things while preserving Marathiness, Marathi culture and identity. Non-Maharashtrian families living in all our projects participate in Marathi festivals and Marathi people too enjoy celebrating non-Marathi festivals, even as they preserve their own identity. We have learnt these customers that we should accept whatever is good in the world,” say Mr Shrikant and Mr Shashank Paranjape with great pride.
The roots of social work lie in Parle Tilak School
The earlier generations of Paranjape had initiated many social and educational activities in Vile Parle. Preserving this heritage, Mr Shrikant and Mr Shashank Paranjape have made valuable contribution to many educational and cultural activities in Pune. Paranjape Schemes has played an important role in the construction of the Teachers Training College at Bharti Vidya Bhavan in Pune, Paranjape Vidya Mandir in Kothrud, Maharashtra Vidya Mandal’s Marathi medium primary school, Sri Sri Ravi Shankar Vidya Mandir as well as the Blue Ridge Public School. To give an impetus to the cultural sector, Paranjape Schemes has always provided active support to events like Pulotsav, Sawai Gandharva festival. To encourage young artists, Paranjape Schemes has been sponsoring Firodiya Karandak for years. Through Socio-economic Trust, they have created infrastructural facilities in many villages of the state. For environment conservation, every year, they carry out Smrutivan, a tree plantation programme. Soon, they plan to start a unique residential project for autistic children and their parents complete with a school for younger children and a commercial project for older children.
Athashree, giving the elderly an energy to live
In 2001, for the first time in the country, Paranjape Schemes (Construction) Ltd launched a residential project called ‘Athashree’ for senior citizens that had all the facilities required by the senior citizens. To date, more than 2,000 senior citizens have been happily and safely living in ‘Athashree’. Today, ‘Athashree’ project is found at 8 locations in Pune and it is being constructed in Bengaluru and Vadodara too. Athashree is not an old age home, it is a residential society. In each of these projects, 24-hour security, tie-up with reputed hospitals, instant availability of doctors and ambulances, separate cafeteria, great housekeeping and maintenance facilities are provided. Through the ‘Aastha’ initiative, rooms with hospital-like facilities have been created and they can be rented.
Some of the awards Paranjape Schemes has received for its performance
| Name of the Award | Awardee | Year |
|---|---|---|
| Well-built structure | Vasant Vihar Towers | 2012 |
| Best Commercial Project | Blue Ridge SEZ | 2013 |
| Outstanding Concrete Structure Of Pune District | Punarvasu | 2014 |
| Superluxury Segment Homes | Sky One | 2016 |
| Certificate of Merit (LIG category) | Happiness Hub | 2019 |
| Young Achiever | Amit Paranjape | 2017 | 2021 |
Forest Trails
- Best Residential Township - 2016
- Iconic Township - 2018
- Best Township - 2019
Paranjape Schemes
- Design in Excellence in IT Part - 2013
- India’s Top Inno-Visionary Builder - 2014
- Best Realtor - 2016 | 2018
- Most Trusted Brand - 2017
- Best Brand - 2018
Blue Ridge
- Best Residential Project - 2013
- Best Township Project of India - 2015
Athashree
- Best Residential Project - 2007
- Senior Citizen Housing Project - 2015
- Senior Citizen Housing Project - 2016
- Real Estate Icon - 2018
Blue Ridge
