The Ridges 41 , Blue Ridge Town, Hinjewadi Rajiv Gandhi Infotech Park

The Ridges 41 is a residential development by Paranjape Schemes (developed under GK Associates Paranjape Blueridge, marketed by Paranjape), located within Blue Ridge Town, Hinjewadi Rajiv Gandhi Infotech Park, Pune. The project is a 41-storey residential tower rising over 126 meters, offering 2, 3, 4, and 5 BHK premium residences, with carpet areas ranging from approximately 1000 sq. ft. to 2000 sq. ft. Amenities include a fitness center, swimming pools, children’s play areas, community halls, and landscaped podium gardens, spread across six podium levels.
Ridges41hinjewadi + 3

Paranjape Schemes is a well-established Pune-based developer, having delivered 57 projects to date, with 10 upcoming and 16 currently under construction. Pricing starts at approximately ₹90 Lakh onwards, per one listing (₹97 L–₹3 Cr range per another source — confirm current pricing directly).

Possession: 20/12/2029
MahaRERA No.: P52100055581

Explore Locality

Situated within Blue Ridge Town, Hinjewadi Phase 1, The Ridges 41 sits directly adjacent to Rajiv Gandhi Infotech Park, making it one of Pune West’s most connected residential addresses for IT professionals.

1. IT & Business Hubs

Located directly adjacent to Rajiv Gandhi Infotech Park in Hinjewadi Phase 1, with many offices within walking distance or a short drive
99acres
Qubix SEZ, an IT-ITeS hub, located inside the Blue Ridge township itself
99acres
Indialand Global Industrial Park, roughly 4 km away

2. Education

BLISS International and Mahindra International schools within 1 km
99acres
Blue Ridge Public School, EuroSchool, and Vibgyor High School nearby
MagicPin
The Orchid School (Phase 3) and Sanskriti School (Phase 1)
Kolte-Patil

3. Healthcare

Lifepoint Multispecialty Hospital and Sai Hospital, roughly 8–15 minutes away
NoBroker
Life Care Multispeciality and Ruby Hall Clinic, around 5 km away
99acres
Sahyadri Hospital (Wakad branch), about 4 km from Hinjewadi Phase 1
Kolte-Patil

4. Retail & Leisure

Xion Mall within 4 km, offering daily shopping and entertainment
99acres
Phoenix Marketcity and Vision One Mall nearby, with food courts, multiplexes, and lifestyle stores
Liferepublic
DMart Hinjewadi and Pristine Square, reachable within 7–19 minutes

5. Connectivity

Pune Metro Purple Line operational nearby, with quick access to the Mumbai-Pune Expressway
99acres
Nearest metro station: Hinjewadi Metro Station (proposed, ~1.8 km)
MagicPin
Mumbai Highway (NH 48) at approximately 5 km
99acres
Pune International Airport approximately 26 km away via Aundh-Baner-Hinjewadi Road

✅ Positive Aspects

1. Trusted Developer
Developed by Paranjape Schemes (in partnership with GK Associates), an established Pune real estate name with 57 delivered projects, 10 upcoming, and 16 currently under construction across the city. The group is also known for pioneering India’s first senior-living housing brand, Athashri.

2. Premium High-Rise Living
Set within Blue Ridge Town, Hinjewadi Phase 1, directly adjacent to Rajiv Gandhi Infotech Park, with many offices within walking distance or a short drive.

3. Spacious, Well-Planned Homes
Offers 2, 3, and limited 4 BHK apartments within a 138-acre award-winning township, rising as a 41-storey tower over 126 meters high — one of the tallest residential buildings in West Pune. Unit sizes range from 1 BHK (480 sq.ft.) to 3 BHK (up to 1304 sq.ft.), per current listings.
Pune Realty
Ridges41hinjewadi

4. Strategic Growth Corridor
Mumbai Highway (NH 48) is approximately 5 km away, with the project offering quick access to the Mumbai-Pune Expressway and the operational Pune Metro Purple Line nearby.

5. Accessible-to-Premium Pricing
Pricing spans a wide range — from ₹59.50 Lac for 1 BHK units up to ₹1.59 Cr+ for larger 3 BHK configurations, per available listings — positioning the project across multiple buyer segments within Hinjewadi’s competitive micro-market.

❌ Considerations

1. Long Wait for Possession
As an under-construction project, possession is scheduled for December 2029, so buyers should be prepared for a multi-year wait. The project launched in February 2025, meaning construction is still in a relatively early stage.
CityAir
CityAir

2. Traffic & Construction Activity
Residents report traffic jams immediately upon stepping out of the main gate, and noise from nearby ongoing construction projects can disturb peace — a common issue in Hinjewadi’s fast-developing corridor.

3. Rising Price Point for Larger Units
While entry-level 1 BHK units start around ₹59.5 Lac, larger 3 BHK configurations run up to roughly ₹1.59 Cr per available listings, pushing bigger units into a higher price bracket as size increases.

4. Premium Cost of Living
Blue Ridge Town carries high rent and maintenance charges relative to nearby areas, which is worth factoring into total cost of ownership, not just the purchase price.

5. Highly Competitive Micro-Market
Hinjewadi and the surrounding Wakad/Baner belt has a dense concentration of developers and projects — buyers should compare configurations, pricing, and delivery track records carefully before committing.

⚠️ Factors to Evaluate

1. Builder Track Record
Balaji Builders — approximately 25 years active in Pune’s western suburbs. A mid-sized developer, not a large/premium brand name. Recommend requesting their full project delivery history directly.

2. Possession Timeline
Status: New Launch (early construction stage)
RERA possession date: December 2028
MahaRERA No.: P52100080096

3. Price & Home Loan Eligibility
Starting price: ₹59.5 Lakh (range approx. ₹60L – ₹1.4 Cr)
Notably lower entry point than premium West Pune projects (e.g., ₹1.80 Cr comparables)
No confirmed bank loan tie-ups found — verify directly with the sales office before assuming loan approval from major lenders

4. Location
Tathawade, approximately 750m from the Mumbai-Bengaluru Highway, roughly 5 km from Hinjewadi
No metro station nearby — nearest transit option is Akurdi railway station

5. Growth Potential
Positioned to benefit from Hinjewadi IT corridor spillover demand, though Tathawade currently ranks mid-tier (#57) in Pune West — not yet a premium micro-market like Baner or Balewadi

Should You Buy

The Ridges 41 is a good choice if you are:

A buyer looking for 2, 3, or 4 BHK homes in a well-established, high-demand IT corridor — directly adjacent to Rajiv Gandhi Infotech Park in Hinjewadi Phase 1.

Someone who wants a large, established township environment rather than a standalone building — Blue Ridge Town includes an SEZ, schools, and retail all within the township itself.

An IT professional prioritizing walk-to-work convenience — many offices are within walking distance or a short drive.

A buyer comfortable with a premium price point and a reputed builder track record — Paranjape Schemes has 57 delivered projects behind it, positioning this as a lower-risk (if pricier) bet than a newer/smaller developer.

Someone drawn to a landmark high-rise — at over 126 meters, one of the tallest residential towers in West Pune.
Ridges41hinjewadi

It may not be ideal if you are:Looking for near-term possession — RERA possession is scheduled for December 2029, and the project only launched in February 2025, so it’s still early-stage.
CityAir

A budget-conscious buyer — entry pricing (~₹90L–97L for smaller units) sits meaningfully higher than value-tier alternatives elsewhere in Pune West.
Someone sensitive to high maintenance costs — Blue Ridge Town is known for expensive rent and high maintenance charges relative to nearby areas.
99acres
Someone who prefers low floor-density living — with 600+ units across towers in a busy township, this isn’t a boutique low-density product.
Wary of traffic congestion right outside the gate — residents report traffic jams immediately upon exiting the main entrance

FAQ

Q1. Where is The Ridges 41 located?
It’s located within Blue Ridge Town Pune, Phase 1, Hinjawadi Rajiv Gandhi Infotech Park, Hinjawadi, Pimpri-Chinchwad, Pune, Maharashtra.
*Q2. Who is the developer?
Developed by GK Associates Paranjape Blueridge and marketed by Paranjape — Paranjape Schemes Construction Ltd, an established Pune developer with 57 delivered projects, 10 upcoming, and 16 currently under construction. Note: one listing shows the registered RERA promoter as Aurigaa Realtors rather than Paranjape Schemes directly — worth confirming the exact legal entity on MahaRERA.

Q3. What is the RERA number?
P52100055581.
*Q4. What configurations are available?
2, 3, and limited 4 BHK apartments, plus 5 BHK per some listings. Carpet areas span roughly 480 sq.ft. (1 BHK, per one source) up to 2000 sq.ft. — though most listings emphasize the 2–4 BHK range specifically.

Q5. What is the starting price?
Starting at ₹88.52 Lac onwards per one listing; the broader range runs from ₹97.1 Lakh to ₹1.97 Cr. Figures vary somewhat by source and tower phase.

Q6. When is the possession date?
RERA possession is scheduled for December 2029. One source lists a target of December 2028 for a specific unit type — not consistently confirmed across listings.

Q7. How many towers and units does it have?
3 towers, spread across 2 acres, with 632 total units (600+ per general description). A specific flats-per-floor figure wasn’t confirmed — worth requesting from the brochure.

*Q8. What amenities are offered?
Fitness center, swimming pools, children’s play areas, community halls, and landscaped podium gardens, spread across six podium levels.

Q9. How far is it from Hinjewadi IT Park?
Directly adjacent to Rajiv Gandhi Infotech Park, with many offices within walking distance or a short drive.

Q10. Is it a good investment?
Suits buyers prioritizing an established, walk-to-work IT corridor location with a reputed builder track record, at a premium price point. Hinjewadi/Blue Ridge offers steady infrastructure growth and long-term investment potential, but comes with high rent/maintenance costs and traffic congestion right outside the township gate — worth weighing against the premium entry price.

Q11. Is it RERA registered?
Yes — MahaRERA registration number **P52100055581**.