Paranjape Schemes, one of Pune’s leading real estate developers, has secured Rs150 crore in funding from WSB Real Estate Partners and its co-investors to support land acquisitions across its flagship township projects. The capital will be deployed to activate high-potential parcels within Blue Ridge (Hinjawadi) and Forest Trails (Bhugaon), enabling new residential phases and expanded infrastructure.
This investment deepens the long-standing partnership between Paranjape Schemes and WSB, which has backed multiple ventures through its funds and co-investment platforms. The move underscores WSB’s continued confidence in Paranjape’s execution capabilities and growth strategy.
With over 35 years of legacy and more than 25 million sq. ft. delivered across Maharashtra, Paranjape Schemes is known for landmark developments including Athashri senior living communities. The new phases are expected to unlock up to Rs2,500 crore in development potential.
“We value our long-standing relationship with WSB Real Estate Partners and are pleased to receive their continued support,” said Rahul Paranjape, Director – Corporate Finance. “This investment allows us to fast-track our next phase of growth and build vibrant, integrated communities that enrich lives.”
The partnership reflects a shared commitment to thoughtful urban development and long-term value creation in India’s evolving real estate landscape.
