Founded by the visionary Mr. V.B. Paranjape in 1930 in Mumbai, the company under the expert guidance of its founder pioneered the concept of finest quality, affordable housing as well as the concept of cooperative housing society more than 8 decades ago!.
The company as it is known today was established by the third generation of the Paranjapes. In the 1980s, Pune emerged as a major industrial hub, providing ample opportunities for large scale development and growth. Mr. Shrikant Paranjape and Mr. Shashank Paranjape were quick to realize its vast potential for quality housing and Paranjape Schemes Pvt. Ltd was formed.