Rebuilt with care.
Honoured with craft.
पुनर्विकास
For four decades, Parulekar has helped Pune's families build homes. Today, we help families rebuild them — restoring legacy buildings into thoughtfully designed, modern residences. With transparent processes, end-to-end stewardship, and a commitment to honour every story your old home holds.
More than rebuilding.
A second life for your home.
Redevelopment transforms aging residential buildings into modern, structurally sound, well-designed homes — without the original residents losing their address, their neighbourhood, or their place in the community.
For housing societies whose buildings have weathered three or four decades, redevelopment is often the most thoughtful path forward — offering improved safety, modern amenities, larger carpet areas, and increased property value, all while preserving what makes that place home.
Six reasons families
choose to redevelop.
Beyond a new building, redevelopment offers something rare: the chance to keep your community while upgrading every part of your daily life.
A new home, same address.
Keep the neighbours, the lanes, the school down the road — gain a brand-new home with modern layouts, fresh finishes, and contemporary amenities.
Earthquake-resistant safety.
Old buildings often pre-date modern seismic codes. Parulekar redevelopments are built with current RCC standards, anti-termite treatment and structural assurance for generations.
Larger, better-planned homes.
Most redevelopments offer existing residents a meaningful increase in carpet area, smarter floor plans, and modern conveniences without changing the address.
Modern amenities included.
Lifts, covered parking, power backup, gymnasium, landscaped gardens, security infrastructure — all integrated into a new community without additional cost to existing residents.
Significant value increase.
Redeveloped properties typically appreciate 30–60% in market value within the first few years — a meaningful long-term gain for every original resident-owner.
Zero hassle, zero hidden costs.
From feasibility to handover, Parulekar handles every approval, every interim arrangement, every detail — at our cost. Residents return to a finished, ready-to-live home.
From conversation,
to keys in hand.
Our redevelopment journey is a transparent, stage-wise process — designed so every resident knows exactly where things stand at every moment.
Initial Consultation & Site Visit
An open conversation with your society's managing committee. We listen, walk the property, understand the building's history, the residents' concerns, and the aspirations for renewal — at no cost or commitment.
Feasibility & Proposal
Our architects and structural team conduct a complete site assessment, prepare layout options, and present a transparent proposal — including new carpet areas, amenities, timeline, and corpus offerings.
Society Discussion & Approvals
Open Q&A sessions with all residents. Our legal & technical teams answer every question. The Development Agreement is finalised only when residents are confident, comfortable, and in agreement.
Documentation & Permissions
Parulekar handles all regulatory work — PMC building plan approvals, MahaRERA registration, environmental clearances, and society-side documentation. Residents receive regular updates throughout.
Interim Accommodation & Rent
Before construction begins, every resident family is supported with monthly rent payment for alternative accommodation, plus a moving allowance and brokerage assistance — all funded by Parulekar.
Construction & Quality Assurance
RCC frame, earthquake-resistant design, premium specifications. Regular site walkthroughs invited for residents. Real-time progress updates via WhatsApp groups and quarterly society reports.
Handover & Welcome Home
Each home is delivered with a complete handover kit — keys, fittings inventory, warranty cards, and a welcome ceremony. Defect liability period of one year, with our team available throughout.
A redevelopment partner,
rooted in your neighbourhood.
For four decades, the Parulekar name has been associated with thoughtful construction across Pune's western neighbourhoods. Here's what sets our redevelopment practice apart.
Founded in 1985 as Kamakshie Constructions, Parulekar has shaped Pune's western and central neighbourhoods with bungalows, apartments, schools, and hospitals. Our name is in the streets we've built on.
Members of the Marathi Bandhkam Vyavsayik Association. Every project MahaRERA registered. PMC approved. Transparent at every legal & regulatory level.
We don't build mass-scale residential towers. Our portfolio is intentionally boutique — 11 to 55 residences per project — which means greater attention, faster timelines, and craftsmanship that scales with care.
Headquartered in Kothrud. Site offices are physical, walkable, family-feel. Promoters available for direct meetings. We're not a faceless corporation — we're your neighbours-turned-builders.
Active redevelopment and ground-up projects across Kothrud and Erandwane — including Vaishnavi, Shilpashree, Nav Shailaja, Sarthak, Prashant Sadan, Shri Deodoot, and Gharonda. Real, visitable, ongoing.
Every commitment is documented. Every milestone is updated. Every concern is addressed. Our redevelopment philosophy isn't just about buildings — it's about earning the trust of every family who calls it home.
Some buildings are torn down.
At Parulekar, they are renewed —
so the families who lived there can keep living, and growing, there.
Reimagine your
building's next chapter.
Whether your society is exploring redevelopment for the first time or comparing partners, we'd love to start a conversation. No commitment, no pressure — just a thoughtful, honest discussion about possibilities.