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| Builders in Pune | Paranjape Scheme !! About Paranjape Scheme !! New Upcoming Ongoing Residential Commercial Projects by Paranjpe Scheme

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Paranjape Scheme !! About Paranjape Scheme !! New Upcoming Ongoing Residential Commercial Projects by Paranjpe Scheme


Shrikant Purushottam Paranjape, Chairman, Paranjape Schemes Construction Limited is a second generation entrepreneur from the Paranjape family. Shrikant Paranjape is a dynamic and multi faceted individual exuding a professional outlook in the way he runs his business and personal life too. Shrikant holds Bachelor of Commerce degree from the University of Mumbai. He is a qualified Chartered Accountant and a member at Institute of Chartered Accountants of India.

With strong entrepreneurial aspirations and ambitious nature Mr. Paranjape has stood in good stead, as he started on his own with an adhesive and chemicals plant in his initial years of his professional career. Within 5 years, Shrikant had a market chain and 3 factories, at different locations in Maharashtra. Shrikant later joined the family business of real estate, with a very modest approach. The group spread its roots from Pune to other parts of Maharashtra like Nashik, Ratnagiri, Chiplun, Kolhapur, Bengaluru in Karnataka and Vadodara, Gujarat.

Shrikant is one of the few financial experts in the real estate sector, and currently the President of CREDAI Pune. Shrikant believes in giving back to the society and understands social responsibilities. Shrikant promoted 'Athashri Foundation', a non-profit company which is socially oriented and wholly involved in maintenance of Athashri Units. Shrikant has supported various schools in Pune, by way of providing the schools with various aids. He is associated with Parle Tilak Vidyalaya’s Association in Mumbai and some schools in Pune. Painting is one of Shrikant’s passions and though busy with a hectic schedule he does find time to indulge himself in painting in his spare time.

Mr. Shashank Paranjape
Managing Director

Shashank Paranjape, a dynamic entrepreneur started the real estate business along with his elder brother Shrikant Paranjape in the year 1987. The duos today are known for ethics and transparency in business and have earned trust and faith of its customer base of 11,000 families. Shashank is the Managing Director of the company - Paranjape Schemes (Construction) Ltd. He always had a flair for marketing and design. This is how he heads the marketing and designing departments and looks after the execution of projects.

Paranjape Schemes (Construction) Ltd has made a large portfolio in a span of 30 years and credits a gamut of projects in residential, commercial, township, hospitality, institutes, senior-living and SEZ segments. The completed projects by the company are to the tune of 15.6 million sq.ft., under construction and upcoming projects area is around 20 million sq.ft. and a land bank of 24.6 million sq.ft. Excellent relations with all the stakeholders, associates and customers, is Shashank’s strength. He believes in creating not just home but a whole bunch of vibrant communities. This gave birth to the concept floated by the company called “The Happiness Network” where the company creates a platform for all its society to come together and participate in sports and cultural activities.

It is through this network that a monthly newsletter is circulated which also give yet another avenue to the customers of the company to portray their talents, market their business and get information on varied topics. Shashank has been on board of Paranjape Schemes (Construction) Ltd for a while. He is also a board member of Educational Institutions like Parle Tilak Vidyalaya’s Association in Mumbai, Blue Ridge Public School in Pune. Shashank is passionate about his work in real estate as well as his contribution in social activities. He has been a forerunner in promoting various drives like tree plantation, implementing environment friendly systems vermi composting, rainwater harvesting, sewage treatment plants and solar systems. Thus, being a man of social conscience, he is the Director of Athashri Foundation, a non-profit organization that works for the senior citizens and Director of SEDT (Socio Economic Development Trust) which works for the destitute and orphan children in rural Maharashtra. In spite of his busy schedule Shashank is ever willing to pursue his hobbies like painting, farming and playing tennis. He loves to travel places, garner the best and implement it in the projects constructed by the company. It is Shashank who brain child Athashri – a senior citizen’s project and brand which has been a pioneering concept executed by the company.

Our Vision

To become one of the most trusted real estate companies.

A commitment to continue the Athashri movement and to take it across the country and indeed, across the world.

Paranjape family has a legacy of more than 60 years in the real estate business. Our Chairman, Mr. Shrikant Paranjape and our Managing Director, Mr. Shashank Paranjape have been associated with the real estate development business in India for over 30 years, and have been primarily responsible for the direction and growth of our business, including strategic planning.

Today, Paranjape Schemes (Construction) Ltd. has over 190 top-of-the-line projects completed in the past 30 years, with ownership of several million sq.ft of built up area as well as a special focus on creating homes and care facilities for the senior citizens through their project Athashri and Aastha, the company has maintained its success graph.


The company was incorporated on 18th September, 1987 as a private limited company under the Companies Act, 1956. 

In May 2005, the company changed status from a private limited to a public limited company.


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