Mr. Shrikant Paranjape

Shrikant Purushottam Paranjape, Chairman, Paranjape Schemes is a second generation entrepreneur from the Paranjape family. Shrikant Paranjape is a dynamic and multi faceted individual exuding a professional outlook in the way he runs his business and personal life too. Shrikant holds Bachelor of Commerce degree from the University of Mumbai. He is a qualified Chartered Accountant and a member at Institute of Chartered Accountants of India.


Mr. Shashank Paranjape
(Managing Director)

Shashank Paranjape, a 54 year old dynamic entrepreneur started the real estate business along with his elder brother Shrikant Paranjape in the year 1987. The duos today are known for ethics and transparency in business and have earned trust and faith of its customer base of 11,000 families. Shashank is the Managing Director of the company - Paranjape Schemes (Construction) Ltd. He always had a flair for marketing and design.


Our Vision

To become one of the most trusted real estate companies.

A commitment to continue the Athashri movement and to take it across the country, and indeed, across the world.

Paranjape family have has a legacy of more than 60 years in the real estate business. Our Chairman, Mr. Shrikant Paranjape and our Managing Director, Mr. Shashank Paranjape have been associated with the real estate development business in India for over 25 years, and have been primarily responsible for the direction and growth of our business, including strategic planning.

In the 1980s, Pune emerged as a major industrial hub, providing ample opportunities for large scale development. The company was quick to realize its vast potential for quality housing and Paranjape Schemes Pvt. Ltd was formed.

Today, Paranjape Schemes (Construction) Ltd. has over 165 top-of-the-line projects completed in the past 25 years, with ownership of several million of sq.ft of built up area as well as a special focus on creating homes and care facilities for the senior citizens through their project Athashri and Aastha, the company has maintained its success graph.


The company was incorporated on 18th September, 1987 as a private limited company under the Companies Act, 1956.

In May 2005, the company changed status from a private limited to a public limited company.

Board of Directors

Mr. Shrikant Paranjape

Mr. Shashank Paranjape
Managing Director

Mr. T. Ranganathan

Mr. Arun Phansalkar
Independent Director

Mr. Shrikant Gadre
Independent Director

Mr. Subodh Shah
Independent Director

Mr. Milind Kulkarni
Independent Director

Dr. Madhavi Pethe
Independent Director


Mr. Subodh Apte
Chief Financial Officer

Mr. Satish Nene
Group Vice President – Marketing

Mr. Dhananjay Diwekar
President – Construction

Mr. Shriram Bapat
Vice President – Purchase of Flagship Infrastructure Pvt. Ltd.

Mr. Sudesh Khatawkar
CEO of Matrix Developers Pvt. Ltd.
Executive Director - Athashri Homes

Mr. Sudhir Kulkarni
Dy. General Manager – HR

Mr. Sudhir Kadam
Company Secretary & Compliance Officer

Amit Paranjape
Head – Business Development, PSCL

Rahul Paranjape
Head – Corporate Finance, PSCL

Sahil Paranjape
Executive Director– Purchase, PSCL

Yash Paranjape
Head – Design, PSCL


Athashri Brand Logo
Athashri Brand Logo
Athashri Brand Logo
Athashri Brand Logo

Glance through our history and our journey in the real estate industry from 1987