Paranjape Schemes Secures ₹150 Crore from WSB for Strategic Land Acquisitions in Pune
Paranjape Schemes, a leading real estate developer in Pune, has secured ₹150 crore from WSB Real Estate Partners to support strategic land acquisitions across key township projects.
Real EstatePuneParanjape SchemesWsb Real Estate PartnersLand AcquisitionReal Estate PuneSep 01, 2025
This investment marks a significant milestone in the long-standing partnership between Paranjape Schemes and WSB Real Estate Partners. Over the years, WSB has made multiple investments in Paranjape Schemes, reflecting its continued confidence in the developer’s execution capabilities and growth vision.
The funds will be utilized to activate high-potential land parcels within two of Paranjape’s flagship township developments: Blue Ridge in Hinjawadi and Forest Trails in Bhugaon. These parcels will be developed into new residential phases, further enhancing the infrastructure, scale, and lifestyle offerings of these communities.
Paranjape Schemes has a rich legacy spanning over 35 years, during which it has delivered more than 25 million square feet of built-up space and over 20,000 homes across Maharashtra. The company’s portfolio includes landmark developments such as Blue Ridge, Forest Trails, and the pioneering Athashri senior living communities.
Rahul Paranjape, Director – Corporate Finance at Paranjape Schemes, expressed his gratitude for the continued support from WSB Real Estate Partners. He stated, “We value our long-standing relationship with WSB Real Estate Partners and are pleased to receive their continued support. This investment allows us to unlock strategic land parcels and fast-track our next phase of growth, with a development potential of up to ₹2,500 crore in revenue. It aligns with our long-term vision of building vibrant, integrated communities that enrich the lives of our residents.”
The partnership between Paranjape Schemes and WSB Real Estate Partners reflects a shared commitment to thoughtful urban development and long-term value creation in India’s real estate ecosystem. With this investment, both organizations aim to drive sustainable growth and enhance the quality of life for residents in Pune and beyond.
Frequently Asked Questions
What is the amount of investment Paranjape Schemes has secured from WSB Real Estate Partners?
Paranjape Schemes has secured ₹150 crore from WSB Real Estate Partners to support strategic land acquisitions.
What are the key township projects that will benefit from this investment?
The key township projects that will benefit from this investment are Blue Ridge in Hinjawadi and Forest Trails in Bhugaon.
How long has Paranjape Schemes been in operation?
Paranjape Schemes has been in operation for over 35 years.
What is the development potential of the new residential phases?
The development potential of the new residential phases is estimated to be up to ₹2,500 crore in revenue.
What is the long-term vision of Paranjape Schemes with this investment?
The long-term vision of Paranjape Schemes with this investment is to build vibrant, integrated communities that enrich the lives of residents.
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