Success comes from the desire to do extraordinary things to reach beyond the status quo and relentlessly chase your dreams. At Paranjape we don’t just build homes but believe in creating a happy vibrant community. We have over 190 top of the line projects completed in the past 30 years with a strong presence in both Residential and Commercial sectors. We are pioneers in developing housing projects for senior citizens in the country, under our Athashri brand as we feel we understand seniors' needs. Hence, we aspire to deliver not just a home with construction of walls but a light of hope, dreams and the happiness of a family.
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.
Mr. Shrikant Paranjape
Chairman, Paranjape Schemes (Construction) Ltd
Mr. Shrikant P. Paranjape is the second-generation entrepreneur from the Paranjape family. A dynamic and multi-faceted individual, Shrikant is a qualified Chartered Accountant and a member at the Institute of Chartered Accountants of India.
Bearing strong entrepreneurial aspirations and ambitious nature, Mr. Shrikant has stood in good stead, as he started on his own with an adhesive and chemical plant in the initial years of his professional career. Within 5 years, he had a market chain and 3 factories, at different locations in Maharashtra.
Mr. Shrikant later joined the family business of real estate, with a very modest approach. In the last 28 years since his establishing the company, it has grown to over 190 projects conglomerate; with more than 25 ongoing projects. The group spread its roots from Pune to other parts of Maharashtra like Nashik, Ratnagiri, Chiplun, Kolhapur, Bengaluru in Karnataka and Vadodara, Gujarat.
He is also an active member of the Managing Committee of CREDAI (Confederation of Real Estate Developers’ Association of India), Pune since 1996.His strength has always been Finance and Legal arms which are the backbone of any business more so real estate Under his able leadership the company has been able to deliver more than 15.33 million sq.ft in over three decades of starting a business.
As a result of Mr. Shrikant’s visionary outlook towards business expansion, the company today has under its belt approximately 200 acres of land reserves. Mr. Shrikant’s farsightedness has helped the company to grow to employee strength of over 750 personnel. Though a result-oriented businessman Shrikant has a philanthropic side. He is on the list of board of directors of renowned Educational Institutes and NGOs in Mumbai, Pune, and Parbhani.
Mr. Shashank Paranjape
Managing Director, Paranjape Schemes (Construction) Ltd
A go-getter entrepreneur, Mr. Shashank commenced 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 in their customer base of 15,000 families.
Mr. Shashank is the Managing Director of the company - Paranjape Schemes (Construction) Ltd. Having a flair for marketing, design, and construction, he heads the marketing and designing departments and also looks after construction management of projects. In a span of over 30 years, because of his vision, Paranjape Schemes has made a large portfolio in various real estate segments like residential, commercial, townships, hospitality, educational institutes, senior-living, and SEZs. With the help of his team, Mr. Shashank has delivered projects to the tune of over 15.33 million sq.ft.
Shashank’s forte has always been giving vision to architects, conceiving good designs, implementing these into time-bound construction. Driven by his flawless execution abilities and never tiring zeal, the company has been able to complete more than 190 projects in various cities in India.
His strength in developing good marketing strategies has enabled the company not only to sell good numbers but also in community building. His passion for Senior Living gave birth to the excellent and unique idea “Athashri” – a senior living brand. The credit for the expansion and popularity of Athashri is definitely owed to Mr. Shashank.
He is an enthusiastic businessman with good business acumen and has been able to garner a lot of accolade through various awards and recognition. Having one foot in philanthropy, Shashank is also a board member of various renowned Educational Institutions and NGOs.
President - Engineering
President - Engineering
CFO - Finance
Group Chief Financial Officer - Accounts
Head - Corporate Funding - Finance
Vice President - Global Business Development - Corporate
Head - New Product Initiatives - Purchase
Head - Creative Design - ADD
Group Vice President - Marketing & Sales
Assistant Vice President - Group HR
President - Engineering
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.
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