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Pune Riverfront Living: Paranjape's 32-Storey Promenade Residences

Published: July 29, 2026 | Category: Maharashtra Real Estate News
Pune Riverfront Living: Paranjape's 32-Storey Promenade Residences

Paranjape Schemes unveils Promenade Residences, a high-rise riverfront project in Pune's IT hub. This 32-storey tower adds modern living options with scenic views.

Key points at a glance

  • 🏗️ Paranjape Schemes launches Promenade Residences in Pune.
  • 📍 Located at Blue Ridge Township, Hinjewadi Phase 1.
  • 🏢 A 32-storey riverfront residential project.
  • 🏘️ Part of an integrated township development.
  • 📈 Targets homebuyers in Pune's key IT corridor.
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Project Details

Promenade Residences is a 32-storey tower launched by Paranjape Schemes. It features riverfront views and modern design as part of Blue Ridge Township.

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Location

Situated in Hinjewadi Phase 1, Pune – a major IT hub. Blue Ridge Township offers integrated amenities and connectivity to city infrastructure.

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Regulatory

Projects in Maharashtra must comply with MahaRERA norms. Buyers should verify RERA registration and legal clearances before investing.

Want more detail?

What actually happened?

Paranjape Schemes has officially launched Promenade Residences, a new residential project in Pune.

The development is a 32-storey riverfront tower located at Blue Ridge Township in Hinjewadi Phase 1.

This launch enhances Pune's real estate market in a prominent IT corridor.

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What it means for buyers

Homebuyers in Pune gain a modern option with river views in a high-demand area.

Hinjewadi's IT presence makes this project attractive for end-users and investors seeking rental potential.

Verify pricing, possession timelines, and amenities directly with the developer during booking.

What to watch next

Monitor the construction progress and official completion dates from Paranjape Schemes.

Track market trends in Hinjewadi for price movements and buyer demand.

Ensure all RERA approvals and legal documents are transparent before making decisions.

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Frequently Asked Questions

1. Where is Promenade Residences located?
It is situated at Blue Ridge Township in Hinjewadi Phase 1, Pune.
2. How many floors does the project have?
Promenade Residences is a 32-storey residential tower with riverfront views.
3. Is this project RERA registered?
All real estate projects in Maharashtra must comply with MahaRERA. Check the official RERA portal for specific registration details.
4. Who is developing this project?
The project is developed by Paranjape Schemes, a established developer in Pune's market.