Paranjape Schemes
Est. 1987 · Pune, Maharashtra · Privately held · Pune
🗓Published·Updated·Edited by Rakesh Mahajan
Company overview
Who is Paranjape Schemes?
Trusted Marathi-heartland brand — Blue Ridge Hinjewadi township and the Athashri senior-living pioneer line.
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Completed projects (not disclosed)
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Sq ft delivered (not disclosed)
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Ongoing projects (not disclosed)
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Upcoming projects (not disclosed)
Our ratings
Builder Score Card
Each dimension is scored from delivery data, RERA filings and financial disclosures.
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
- RERA registration and quarterly progress for the exact project and tower you are buying.
- Credit ratings and company filings, because Paranjape Schemes is privately held and does not publish audited results.
- That 70% of buyer payments go into the project's separate escrow account, as RERA requires.
- 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.
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.