Paranjape Schemes Sinhgad Road

About Paranjape Schemes Sinhgad Road

Paranjape Schemes Sinhgad Road is an upcoming residential apartment project on Sinhgad Road in south-western Pune, Maharashtra, being developed by Paranjape Schemes. The two towers are planned with 2 BHK and 3 BHK homes of approximately 960 to 1,460 sq ft, and no price has been announced as of March 2026. The project is also searched as Paranjape Sinhagad Road.

The project is one of five towers in the developer's Pune West programme, which together total about 1,400 homes and more than 1.75 million sq ft of residential space. That aggregate covers the whole pipeline, not this site alone, and the two Sinhgad Road towers should be read as one part of that wider corridor strategy.

Key Highlights

• Two towers on Sinhgad Road within a five-tower Pune West pipeline of about 1,400 homes.
• 2 BHK homes of approximately 960 to 1,100 sq ft and 3 BHK homes of approximately 1,200 to 1,460 sq ft.
• Developer Paranjape Schemes (Construction) Limited, established in Pune in 1989, with more than 200 residential and commercial projects across nine cities.
• Earlier Pune deliveries include Blue Ridge Groves with over 5,000 units and Forest Trails with over 2,000 residences.
• Road access to the Mumbai-Pune Highway via AH 47, with the Baner and Hinjewadi IT hubs within reach.
• The Pune Metro Phase 2 line along Sinhgad Road, a 22-station corridor with a projected DPR cost of ₹8,565 crore.

Location Advantages

Sinhgad Road runs through the south-western part of Pune and is administered by the Pune Municipal Corporation. Its principal strength is the combination of highway access and proximity to the western employment belt. The corridor links to the Mumbai-Pune Highway through AH 47, and the Baner and Hinjewadi technology clusters lie to the west and north-west, which places residents within the reach of the city's largest office concentrations.

The road also carries established social infrastructure. Wipro's special economic zone sits just off the road, and Mahalaxmi Market and Abhiruchi Mall serve the immediate catchment. The Mumbai-Pune Bypass lies about 1.1 km from a nearby project on the same road, which indicates the expressway's proximity to this stretch.

The concerns are equally specific. Pillar work for the metro is under way on the Sinhgad Road flyover, with 66 points affected, and the Rajaram Bridge to Fun Time Multiplex flyover is more than 70 per cent complete. Buyers should expect sustained construction activity along the corridor for the foreseeable future, and the metro's benefit will only be fully realised once the line is operational.

Location Map — available on request

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What's Nearby

• Hospital: SMT Kashibai Navale General Hospital
• College: Sinhgad College of Engineering
• Mall: Abhiruchi Mall, about 2 km from the developer's nearby Sinhgad Road project
• Market: Mahalaxmi Market
• Business park: Wipro SEZ, just behind the road
• Expressway: Mumbai-Pune Bypass, about 1.1 km from a nearby project on the corridor

Amenities

The amenity package described in current listings is modest in scale compared with the larger townships in the same developer's portfolio, and no clubhouse area or sports count has been published.

• Fitness and sports: a gym
• Water: a swimming pool
• Kids: a children's play area
• Green spaces: landscaped gardens and walking tracks within the master plan
• Security: gated entry and monitoring systems
• Parking: multi-level parking
• Retail: a retail arcade within the project
• Essentials: elevators and power backup

Upcoming Infrastructure

• Pune Metro Phase 2, Khadakwasla to Swargate to Kharadi: the DPR cost is projected at ₹8,565 crore across 22 stations, and pillar construction has begun on Sinhgad Road.
• Metro approval: the Union Government approved the 32-km stretch at ₹9,858 crore, as reported in December 2025.
• Flyover pillar works: metro work will pass the Sinhgad Road flyover at 66 points.
• Rajaram Bridge to Fun Time Multiplex flyover: more than 70 per cent complete.

For this project, the metro line changes the corridor's commuting profile considerably. The short-term effect is disruption during construction, and the longer-term effect is a materially better link to Swargate and Kharadi.

Price and Configuration

The developer has not released prices for this project. The configurations below reflect approximate sizes as currently listed, and the size basis (carpet or super built-up) is not yet stated.

For reference, the developer's Paranjape Cityscapes on Sinhgad Road at Dattawadi lists 2 BHK homes from about ₹1.51 Cr and 3 BHK homes from about ₹1.82 Cr, as of March 2026.

Master / Floor Plan — available on request

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Launch and Possession Timeline

• 2 Dec 2025: metro pillar work on Sinhgad Road announced, affecting 66 points.
• 20 Mar 2026: a reported plan to invest about ₹700 crore across five towers, two of them on Sinhgad Road.
• 23 Mar 2026: the developer announced its festive-season pipeline, including two towers on Sinhgad Road.
• 30 Mar 2026: Construction World reported the pipeline, citing more than 1.75 million sq ft of residential space.

The project is at the Upcoming stage. Construction has not started, and the developer has not announced a possession date.

Investment Analysis

• Price basis: with no published rate for this project, the nearest reference is the developer's Paranjape Cityscapes at about ₹1.51 Cr for 2 BHK, as of March 2026.
• Comparable listings: Pate Seya on Sinhgad Road is listed at about ₹1.42 Cr, Manomay Vishwas at about ₹1.32 Cr, and Rohan Kritika at about ₹2.09 Cr, as of March 2026.
• Locality trend: the locality is described as having grown steadily over the past eight years, supported by residential projects and rents that remain lower than in several neighbouring localities.
• Demand drivers: the metro line, highway access and proximity to the western IT belt support demand from end users and tenants.
• Caution: without a published price or possession date, the return calculation cannot yet be made with confidence. A buyer's margin depends on the entry price and the delivery schedule.

Pros and Cons

Pros

• A developer with a Pune founding dating to 1989 and a broad delivery record.
• Access to the Mumbai-Pune Highway and the Baner and Hinjewadi IT clusters.
• A metro line under construction along the same corridor.
• A mix of 2 and 3 BHK configurations suited to families.

Cons

• No price or possession date has been announced, which makes budgeting difficult.
• An independent review reports that the developer's projects typically run 6 to 18 months beyond their stated possession dates.
• Metro and flyover works will cause disruption on the road in the near term.
• The amenity package is modest, and project-level specifications have not been published.

Who Should Buy This

Ideal for: families seeking 2 or 3 BHK homes on the western side of Pune, buyers with a long time horizon who want to benefit from the metro, and investors comfortable with a pre-possession entry.

Not ideal for: buyers who need possession within a fixed timeframe or who require a published price before committing.

Home Loans and Charges

No charge schedule has been published for this project. The developer's nearby Paranjape Madhukosh project on Sinhgad Road is a useful reference for the maintenance level in the same developer's portfolio.

Lenders active with the developer's Paranjape Madhukosh project on Sinhgad Road include HDFC Home Loans, ICICI Bank, State Bank of India, Axis Bank, LIC Housing Finance, Bank of India and Bank of Baroda.

About the Developer

Paranjape Schemes (Construction) Limited was founded in Pune in 1989 and is headquartered in the city. The company reports more than 200 residential and commercial projects across nine cities, including Pune, Mumbai, Bengaluru and Vadodara, and is not publicly listed. Its Pune deliveries include Blue Ridge Groves and Forest Trails, while about 1,000 units across Blue Ridge, Forest Trails and Wakad were handed over in recent years. The company states a 100 per cent delivery record, although the independent review cited above reports delays of 6 to 18 months.

FAQ: Frequently Asked Questions

Q: Is Paranjape Schemes Sinhgad Road RERA registered?

A: No RERA project registration number has been published for this project, so buyers should verify the registration on the Maharashtra RERA portal and request the number from the developer before booking.

Q: What is the possession date for Paranjape Schemes Sinhgad Road?

A: The developer has not announced a possession date for this project, and construction has not yet started.

Q: What is the price range for Paranjape Schemes Sinhgad Road?

A: Prices have not been released. The planned homes are 2 BHK at about 960 to 1,100 sq ft and 3 BHK at about 1,200 to 1,460 sq ft, with price on request as of March 2026.

Q: Is Paranjape Schemes a reliable builder?

A: The developer was founded in Pune in 1989 and reports more than 200 projects across nine cities. An independent review, however, reports that its projects typically run 6 to 18 months beyond the stated possession date.

Q: What is the nearest metro to Paranjape Schemes Sinhgad Road?

A: The Pune Metro Phase 2 line along Sinhgad Road, running from Khadakwasla toward Swargate and Kharadi, is the metro link for this corridor, and pillar work is under way.

Q: Is Paranjape Schemes Sinhgad Road good for investment?

A: It may suit buyers with a long horizon, given the metro and highway works along the corridor, but returns depend on a price and possession schedule that have not yet been announced.

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