

Paranjape Schemes (Construction) Ltd was incorporated in September 1987 and has built a large portfolio of properties in residential, commercial, township, hospitality, institutes, entertainment, senior-living and SEZ segments. With extensive experience of over 30 years, the developer has played a pivotal role in changing the skyline of western Maharashtra with over 170 projects in the luxury and affordable segment. In addition to its presence in Pune, Nashik, Ratnagiri, Chiplun and Kolhapur, the company develops properties in coveted metropolises like Bengaluru in Karnataka and Vadodara in Gujarat.
Paranjape Schemes has been a trusted name among its wide customer base of 11,000 families owing to its comprehensive and reliable property solutions.
Experience and StrengthsParanjape Schemes, under the leadership of its Chairman, Shrikant Purushottam Paranjape, and Managing Director, Shashank Paranjape, has made remarkable progress in building its overall capability. Shrikant is one of the few financial experts in the real estate sector and the President of CREDAI Pune. The builder has worked closely and maintained excellent relations with all its stakeholders, associates as well as customers to provide the right housing solution as per the lifestyle needs of homebuyers. It exhibits integrity, transparency and professionalism in delivering services of an outstanding standard. The Paranjape family has a legacy of over 60 years in real estate business and displays a commitment to carrying forward the company’s mission and values to the next generations for achieving new milestones.
Paranjape Schemes has spearheaded the Aastha and Athashri projects which are India’s largest senior housing community or integrated townships equipped with premium facilities for a comfortable lifestyle. These, along with the over 171 top-of-the-line residential projects by the developer, have sustained its steadily rising success graph. The apartments developed by the builder provides a family with all the essential features including modern amenities, well-planned designs and a sustainable environment. Paranjape Schemes uses a cognitive approach to designing and planning of all its projects with great attention to details. The residential spaces are designed to maximise lighting and have ample greenery all around.
ProjectsParanjape Schemes has completed real estate projects with a total area of 15.6 million sqft along with under-construction and upcoming properties spanning an area of around 20 million sqft. It has a land bank of 24.6 million sqft area.
Paranjape Schemes has recently completed 53 residential projects in total and is working on 13 ongoing projects. The properties range from compact 1BHK apartments of 600 sqft to lavish villas of 4 and 5BHK layouts of 4,000 sqft.
With an enthusiastic support team, XRBIA Developers offers housing solutions that give ample choices of layouts and matches the budget range and location needs of customers. Construction works of the builder involve use of ground-breaking technology, cutting-edge strategy and advanced safety methods to ensure the best living experiences. One of the main objectives of the company is the mission of creating world-class cities to cater to the growing demands of housing in India and reducing the estimated shortfall in housing volumes to the tune of almost 100 million. It aims to meet one percent of this shortfall by delivering a hundred cities across the country.
Residential projects by XRBIA Developers range from compact modern homes to spacious apartment projects which are packaged with the latest lifestyle amenities, promising a sophisticated community living. Since 1995, the company has endeavoured to outshine its competitors through upgrading its knowledge and expertise as well as setting new benchmarks for quality and modern urban development.
Spearheaded by its Chairman & Founder, Rahul Nahar, XRBIA Developers promotes advanced construction in all its projects wherein the buildings are resistant to earthquakes, fire, floods and rodents. The builder relies on its clean and transparent system for meeting customers’ expectations and has been acknowledged for its fast industry turn-around rates when it comes to project delivery.
ProjectsXRBIA Developers has a distinction of completing development of over of 25 million sqft of real estate space. The upcoming projects by the developer span a total area of 119 million sqft. The flagship project of Xrbia was launched in Pune’s Hinjewadi in 2012 that garnered a huge response from the buyers, and all the 3,500 homes were sold out within four days of launching.
Some upcoming projects by XRBIA Developers are Xrbia Smart City at Warai in Mumbai with luxurious 1, 2 and 3BHK apartment; and Xrbia Hinjewadi Road Riverfront at Deccan Gymkhana in Pune with spacious 1 and 2BHK apartments. There are around ten upcoming projects by XRBIA Developers situated in various corners of India, all waiting to change the landscape of the urban agglomeration.