Flagship Infrastructure launches 'BlueRidge' a World-class township in Hinjewadi

Pune, June 11 (ANI/Business Wire India): Paranjape Schemes (Construction) Limited, among the most trusted real estate companies in the country, announced the launch of 'BlueRidge' a world-class township that enabling one and all to experience world-class living in Hinjewadi, Pune.

Spread over 138 acres this township surely has several firsts integrated in its fabric. Apart from the IT/ITES SEZ; residential; shopper-tainment avenues such as mall, multiplex, a star hotel; world-class school; BlueRidge also boasts of amenities that hardly any other establishment can provide.

A boat club with kayaking, golf drives, squash courts, badminton court, and beach volleyball are only a few of the sporting avenues that the township can offer. However, for someone more inclined to enjoying the peace and tranquillity the township has a serene marina one can walk along, a fruit orchard, a butterfly garden and even a pet zoo!

"As India inches closer to her dream of being a global economic superpower, Paranjape Schemes wants to address the need of millions of people who are looking for a world-class living experience in India" said Shashank Paranjape, Managing Director, Paranjape Schemes (Construction) Limited. "BlueRidge is about INR 3200 crore township that will have more than 7 million sq. ft. constructed space and more than 50 Acres of Green spaces."

"Pune has occupied a very important space in the map of upcoming cities in India. Apart from the fabulous weather, great educational institutions and rich cultural rooting that the city has, Pune is also one of the cities that is creating infinite career opportunities for upwardly mobile youngster in IT as well as automobile sectors" said Indiareit Fund Advisors' Managing Director and CEO Ramesh Jogani.

"We are proud to partake in opportunities this city offers through this project and are confident that by the time the project is completed, it would have set many more benchmarks of excellence, he added."

The township was inaugurated by Mark Thornton, Asia Business Head, one of the stakeholders in Indiareit. - A fund that has invested in the project. 3i is a world leader in private equity and has been doing this professionally for over 60 years. Each year they invest over 2.7 billion in various opportunities across diverse sectors.

ANI