Pune Realty
Paranjape Hinjewadi Phase 1 listed as pre-launch; project details remain limited
Paranjape Hinjewadi Phase 1 is listed as a pre-launch residential project, with 2 and 3 BHK apartments indicated. However, its location label conflicts with the developer’s March 2026 Pune West pipeline announcement, which names Hinjewadi Phase 1, Sinhgad Road and Bhugaon as separate locations.
| Developer | Paranjape Schemes Construction Limited |
|---|---|
| Status | Listed as pre-launch as of October 2026 |
| Configurations | 2 and 3 BHK apartments are indicated |
| Location label | Sinhgad Road, Pune; the project name also refers to Hinjewadi Phase 1 |
| Price | No price band has been announced |
| Pipeline context | The March 2026 Pune West announcement described nearly 1,400 homes across five towers |
Pre-launch listing and location distinction
As of October 2026, Paranjape Hinjewadi Phase 1 is listed as a pre-launch residential project. The available project listing indicates 2 and 3 BHK apartments, but does not provide apartment sizes or a price band.
The project name and the stated Sinhgad Road location should not be treated as interchangeable. In its March 2026 announcement, Paranjape described five towers across three locations: two each at Sinhgad Road and Bhugaon, and one at Hinjewadi Phase 1. The announcement therefore presents Hinjewadi Phase 1 as a separate location from Sinhgad Road and Bhugaon.
What the developer announced
In March 2026, Paranjape Schemes Construction said it planned to invest around ₹700 crore in four Pune residential projects comprising about 1,400 homes. The festive-season pipeline was also reported as having an estimated revenue potential of approximately ₹1,175 crore and development potential of more than 1.75 million sq. ft.
Those figures describe the wider Pune West pipeline, not a confirmed project-level unit count or investment for Paranjape Hinjewadi Phase 1.
Pricing, possession and approvals
A project-specific price band and possession timeline have not been announced. The March 2026 pipeline announcement does not give those details for this project.
Locality context
Paranjape has described Sinhgad Road as a residential destination with connectivity to central Pune, established social infrastructure and access to employment hubs. The developer also noted the inauguration of the Sinhgad Road flyover system between Rajaram Bridge and Fun Time Theatre. The project’s exact position and distance from local transport links or employment areas have not been stated.
Frequently asked questions
Is Paranjape Hinjewadi Phase 1 launched?
It is listed as pre-launch as of October 2026.
What apartment configurations are indicated?
The available listing indicates 2 and 3 BHK apartments. Apartment sizes have not been announced.
Where is the project located?
The listing identifies Sinhgad Road, Pune, while the project name refers to Hinjewadi Phase 1. Paranjape’s March 2026 announcement treats those as separate locations.
What is the price of the apartments?
A project-specific price band has not been announced.
When is possession expected?
A possession timeline has not been announced.