Paranjape Schemes Construction Ltd (PSCL) is a Pune-headquartered developer with an operating history dating back to the late 1980s. Here is what's publicly documented about the company.
Founding & Corporate Structure
According to the company's own materials, Paranjape Schemes commenced its real estate business in 1987, founded by brothers Shrikant Paranjape and Shashank Paranjape, with Shashank Paranjape serving as Chairman. The company's corporate office is located at PSC House, Anand Colony, Off Prabhat Road, Erandwane, Pune. PSCL maintains an investor-relations section on its own site, though this reflects corporate disclosure practice rather than confirmation of a stock-exchange listing.
Scale, By the Numbers
Per the company's own disclosures, PSCL has completed over 200 projects spanning approximately 25 million square feet across cities including Pune, Mumbai, Kolhapur, Ratnagiri, and Bengaluru, with a further 35 projects covering roughly 20 million square feet reported as under development across three states and eight cities. The company is known for its Athashri brand, which it describes as a pioneering senior-living housing format in India.
Why This Matters If You're Evaluating a PSCL Project
A track record spanning nearly four decades is not, by itself, a guarantee of any individual project's outcome — but it does mean a few things a buyer can act on:
- Delivered-project and sq-ft figures come from the company's own disclosures. As with any privately reported portfolio, these numbers are worth treating as company-stated rather than independently audited, absent a stock-exchange filing.
- Project-specific verification still matters. However long a developer has operated, MahaRERA registration status should be checked for the specific project you're considering — not assumed from the builder's overall track record. Every registered project carries its own RERA number, promised completion date, and escrow account.
Browse verified flats for sale in Pune on Roomii — each listing surfaces its own MahaRERA registration number where available, so you can check the specific project yourself at the official portal.
This profile is based on publicly available information as of August 2026 — primarily the company's own corporate disclosures — and does not constitute an endorsement, partnership claim, or investment recommendation by Roomii. Always verify a specific project's current MahaRERA registration status at maharera.mahaonline.gov.in before making a purchase decision.
Sources
| Source | Article/Page Title | Date | URL |
|---|---|---|---|
| Paranjape Schemes Construction | About Us | Accessed Aug 2026 | pscl.in ↗ |
| Paranjape Schemes Construction | Investor Relations | Accessed Aug 2026 | pscl.in ↗ |
| Paranjape Schemes Construction | Contact Us — Corporate Office | Accessed Aug 2026 | pscl.in ↗ |