Real Estate Pune

Paranjape Schemes targets ₹2,000 crore revenue, 2.5 mn sq ft launches

By GeoSquare News Desk · Published 2026-11-10

Revenue Target and Growth Plans

Paranjape Schemes, a prominent real estate developer, has set an ambitious revenue target of ₹2,000 crore for the financial year 2026-27 (FY27). The company plans to achieve this through a series of new project launches and sustained demand in key markets.

Upcoming Launches

In the second half of the current fiscal year, the developer intends to launch projects covering approximately 2.5 million square feet. These launches will primarily be in Pune, with two additional projects in Vadodara, Gujarat. The focus remains on residential developments, which constitute about 95% of the company's portfolio.

Portfolio Composition

Residential real estate dominates Paranjape Schemes' portfolio, accounting for nearly 95% of its projects. Commercial real estate makes up the remaining 5%. This residential-centric approach aligns with the growing demand for quality housing in Pune and other emerging markets.

Market Outlook

The company's expansion strategy reflects confidence in the Pune real estate market, which continues to attract homebuyers and investors. With a strong pipeline of launches and a clear revenue roadmap, Paranjape Schemes is poised to strengthen its presence in the region.