The company is currently committed to surpass the expectations of global Indians by developing world-class properties and enriching lifestyles  Since its inception in the 1930s, Paranjape Schemes Construction Limited has always responded to the emerging market demands. The company was incorporated on September 18, 1987.Led by the third generation, the company is currently committed to surpass the expectations of global Indians by developing world-class properties and enriching lifestyles. The developer has constructed more than 25,000 properties across suburban Western Maharashtra and owns around 15 million square feet floor space index (FSI).
Founder
V B Paranjape is the founder of the company. A true strategic genius, he pioneered the concepts of high quality affordable housing and cooperative housing society.
Location
The company has its corporate office in Pune, with five branch offices spread across Mumbai, Kolhapur, Chiplun and Bengaluru.
Line of Business
Paranjape Schemes Construction Limited is engaged in real estate business, especially in construction of residential properties. In addition, it also offers several real estate services to customers as well as ensures a relaxed, peaceful and joyous life for buyers owning a Paranjape home.
Team
The company boasts of a highly skilled team of more than 250 professionals. The team includes engineers, architects, finance and legal experts, sales and marketing personnel and support staff.
Strengths
Robust infrastructure, dedicated workforce and quality are the three key strengths of Paranjape Schemes Construction Limited.
Projects
At present, the company has ongoing projects in Pune, Mumbai, Kolhapur, Chiplun and Bengaluru. Some of the ongoing projects in Pune are Forest Trails, Avaneesh, Blue Ridge, Vasant Vihar Tower and La Cresta. In Mumbai, the company has three current projects, including Ajanta & Ellora, Vijay Nagar Commercial and Malkauns, while its Nature’s Harmony is the single ongoing project in Chiplun.
Athashri
In an endeavour to cater to the demands of the country’s senior citizens and help them live a dignified life, Paranjape Schemes Construction Limited launched Athashri in the year 2001, with a tagline ‘Life begins at 60’. Every Athashri housing project has the following amenities:
Ø Special lifts with enough space for wheel chairs and stretchers
Ø Compact flats requiring minimum maintenance
Ø Non-skid flooring
Ø Specially designed spacious toilets with grab bars
Ø Large doors to accommodate wheel chairs
Ø A comfortable lounge and cozy gardens
Ø A television room
Ø A special canteen
Ø A yoga-cum-meditation room
Ø A gymnasium specially equipped for the elderly
Ø An open air auditorium
Ø Doctors and nurses on call
Ø Tie-ups with nearby hospitals
Currently, Paranjape Schemes Construction Limited has one ongoing project in this segment, Athashri Whitefield in Bengaluru.
Services
The company offers a full-range of services related to maintenance. Besides, it organises various cultural events such as dance, drama and assists customers in finding a goodhome loanfirm. The company has tie-ups with HDFC, ICICI, Standard Chartered and CitiBank.
Shareholding Pattern
Initially a private limited company, Paranjape Schemes Construction Limited became a public limited firm in May 2005.
Chairman & Managing Director
Shashank Paranjape is the managing director, while Shrikant Paranjape is the chairman of the company.
Turnover
Not disclosed
Profitability
Not disclosed |
