PropertyNivesh — Property Intelligence
P

Paranjape Schemes

Est. 1987 · Pune, Maharashtra · Privately held · Pune

🗓Published·Updated·Edited by Rakesh Mahajan

★★★★★ 3.7 Proceed with caution

Company overview

Who is Paranjape Schemes?

Trusted Marathi-heartland brand — Blue Ridge Hinjewadi township and the Athashri senior-living pioneer line.

—

Completed projects (not disclosed)

—

Sq ft delivered (not disclosed)

—

Ongoing projects (not disclosed)

—

Upcoming projects (not disclosed)

Our ratings

Builder Score Card

Each dimension is scored from delivery data, RERA filings and financial disclosures.

Construction quality 72/100
Delivery record 70/100
Customer satisfaction 70/100
Financial strength 68/100
Trust 82/100

On-time delivery: Not publicly documented — ask for the delivery history of the developer's last three projects.

At a glance

Paranjape Schemes in Numbers

Paranjape Schemes is a privately held developer founded in 1987, headquartered in Pune, Maharashtra, active mainly in Pune. We rate it 3.7/5 overall — mixed — which ranks 77th of the 212 developers we profile and ahead of 61% of them. Its strongest area is trust (4.1/5) and its weakest is financial strength (3.4/5).

Benchmarking

How Paranjape Schemes Compares

Each rating against all 212 developers we profile and the 15 in Pune.

Rating Paranjape Schemes Pune average Better than
Construction quality 3.6/5 3.6/5 58% of developers
Delivery record 3.5/5 3.5/5 62% of developers
Customer satisfaction 3.5/5 3.6/5 61% of developers
Financial strength 3.4/5 3.4/5 59% of developers
Trust 4.1/5 3.8/5 83% of developers

Buyer guidance

Should You Buy a Paranjape Schemes Project?

Paranjape Schemes carries more risk than most developers we rate. If you are considering one of its projects, favour completed or nearly completed towers, check its debt and cash flow, or credit ratings and company filings if it is privately held, confirm the project's escrow account and RERA progress, and avoid large upfront payments.

Check before you book

  1. RERA registration and quarterly progress for the exact project and tower you are buying.
  2. Credit ratings and company filings, because Paranjape Schemes is privately held and does not publish audited results.
  3. That 70% of buyer payments go into the project's separate escrow account, as RERA requires.
  4. Financial strength: check its debt and cash flow, or credit ratings and company filings if it is privately held.

The bottom line

Our Verdict

Deep local trust and senior-living leadership; construction pace is measured, not fast.

Portfolio

Notable Projects

Key Paranjape Schemes projects as the builder publishes them. None has a PropertyNivesh research page yet.

Blue Ridge Forest Trails Athashri (Senior Living) Trident Towers

Questions

Paranjape Schemes: FAQs

Is Paranjape Schemes a good builder? +

We rate Paranjape Schemes 3.7/5 overall — mixed. Deep local trust and senior-living leadership; construction pace is measured, not fast.

Is Paranjape Schemes a listed company? +

No. Paranjape Schemes is privately held, so detailed financials are not published; check credit ratings and company filings where available.

Does Paranjape Schemes deliver on time? +

Paranjape Schemes has not published an on-time delivery figure we could verify — ask for the delivery history of its last three projects.

How many projects has Paranjape Schemes completed? +

Paranjape Schemes has not published a completed-project count that we could verify.

Compare Paranjape Schemes against another builder →