CORPORATE / BUSINESSInvestmentREAL ESTATE

Paranjape Schemes to launch serene project in Thane

by Suman Gupta

Mumbai, 13th November, 2019: Paranjape Schemes (Construction) Ltd., a trusted & leading developer in Maharashtra with its base in Pune announced its presence in Thane by launching the project “Opulus” in association with Richa Developers through its entity Peer Realty. Paranjape Schemes so far has completed several residential projects in Mumbai suburbs like Vile Parle, Andheri, Goregaon and Santacruz.  This project is designed in contemporary style and is located just besides famous KashinathGhanekarNatyagruha, off Pokharan road in Thane.  ‘Opulus’ is made of 2 & 3 BHK spacious homes with a ticket size ranging from Rs. 1.25 crore to Rs. 1.72 crore.

Speaking at the Press Conference, Mr. Shashank Paranjape, MD, Paranjape Schemes (Construction) Ltd. said, “We  feel very proud with our entry in Thane because  our family legacy in construction origins from Vile-Parle since 1930s with development of residential projects started by our grandfather, V. B. Paranjape. With experience of redeveloping many projects including large project like ‘Vijaynagar’ in Andheri, we are all set to create another landmark project named ‘Opulus’, previously known as Maharashtra Nagar. The name signifies everlasting beauty which is an inspiration behind this ‘holistic’ creation.”

Located in the heart of Thane, this well-designed project is in the lap of luxury surrounded by serenity. ‘Opulus’ is easily accessible from eastern expressway, Thane railway station and the proposed mono-rail. Vasant-Vihar high School & Junior College, Smt. SunitadeviSinghania School, Titan hospital, Bethany hospital, R Mall, D Mart are just 2/3 kms  away from ‘Opulus’,” he further added. Situated in one of greenest neighborhood of Thane, ‘Opulus’ has five 100 meters tall towers which consist of over 370 tenements. This project will have affluent features which have been created keeping in mind customers’ emotional quotient. ‘Opulus’ has an well designed podium deck with beautifully landscaped garden and amenities like  steam & spa, a poolside cafe and many more other features that will revitalize one’s lifestyle. Other environment friendly features of this project include its own sewage treatment plant, rain-water harvesting system, solar energy generating system etc. This project, ‘Opulus’ has been conceived on the principle of four elements – physical, sensorial, emotional and experiential which makes it a ‘holistic’ residential project in the real sense!

About PSCL: Paranjape Schemes (Construction) Ltd is a reputed and renowned real estate developer company in Maharashtra which is based out of Pune City. It has to its credit more than 190 successfully delivered projects. It has presence in Pune, Mumbai, Nashik, Kolhapur, Chiplun, Ratnagiri, Bengaluru, and Vadodara. Till date, it has developed over 23 million square feet of total area out of which 18.5 million square feet is residential and 4.5 million square feet is non-residential (commercial) area. The company’s portfolio  includes  various segments of real estate like Township projects, Premium housing, Redevelopment projects, Senior Citizens housing, SEZ’s, Educational Institutions, Hospitality and Affordable Housing.

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