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Radiance Realty

Radiance Realty (Radiance Realty Developers India Limited) is a Chennai-headquartered real estate developer led by MD Mr. Varun Manian and CEO Madan Narayanaswamy. Backed by the seven-decade Manian construction heritage and an in-house construction arm, the firm delivers residential projects (apartments, villas, plotted developments) across Chennai, Coimbatore and Bangalore. The portfolio spans ready-to-move projects and large ongoing developments with a focus on quality, timely delivery and rich amenity sets.

Incorporated in 2007, Radiance Realty draws on a 74+ year construction heritage from the Manian group — a legacy that includes national highways, airport runways and large industrial works. Since launch the company has rolled out multiple completed and ongoing residential projects across South India, scaling from compact apartments to premium villas and plotted communities.

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Developer Projects

Primarily a residential developer (apartments, villas, plotted developments) with projects positioned from mid-to-premium and luxury segments. Projects are concentrated in Chennai, Coimbatore and Bangalore and vary in scale from compact 1–2 BHK flats to large villa communities and multi-hundred-unit apartment complexes with extensive lifestyle amenities.

Radiance ShineKazhipattur, OMR, Chennai

Residential CommunityApartment

Radiance SolitaireMadhavaram, Chennai

Residential CommunityApartment

Radiance EternityThoraipakkam, Chennai

Residential CommunityApartment

Radiance The PrimePammal, Chennai

Residential CommunityApartment

Radiance MajesticValasaravakkam, Chennai

Residential CommunityApartment

Radiance Lake FrontKarapakkam, Chennai

Residential CommunityVilla

Radiance IconKoyambedu, Chennai

Residential CommunityApartment

Radiance ParadiseInjambakkam, ECR, Chennai

Residential CommunityPlot

Radiance Jade GardenMannivakkam, Chennai

Residential CommunityPlot

Radiance RegaliaVeerakeralam, Coimbatore

Residential CommunityVilla

FAQ

Who are the owners ?

Varun Manian — Managing Director (lead promoter; part of the Manian family construction lineage)
Madan Narayanaswamy — Chief Executive Officer
Promoters / Manian family — majority owners (promoter holding ~99.50% as of 2023)

Note: Other senior management names were not provided in the supplied information.

When was the company founded ?

Radiance Realty (originally NAPC Properties Private Limited) was incorporated on March 8, 2007 — about 19 years of corporate existence as of 2026 — backed by a broader Manian group construction heritage spanning over seven decades.

Is this a public company ?

Yes. Radiance Realty Developers India Limited has public shareholding (public ~0.50% and promoters ~99.50% as of 2023). Financial highlights include a CARE BBB+ (Stable) rating, term debt of ~₹342 crore (Dec 31, 2023), cash & bank ~₹51 crore (Mar 31, 2023), receivables ~₹366 crore and healthy committed sales supporting revenue visibility for the next two years.

Which are the builder's popular projects ?

Radiance Shine (Kazhipattur, OMR, Chennai) — Ready-to-move apartments (1/2/3 BHK) with clubhouse, gym, pool and other lifestyle amenities.
Radiance Solitaire (Madhavaram, Chennai) — Large launched project (2/2.5/3/4 BHK; launched Feb 2025) with extensive amenities; possession starts Jul 2028.
Radiance Riverwoods (Perur Main Road, Coimbatore) — Large apartment development (~377 units across 1, 2, 2.5 & 3 BHK) in progress.
Radiance Regalia (Veerakeralam, Coimbatore) — Villa project (125 units, 3–4 BHK) with clubhouse and tiered security; CC obtained and ongoing delivery.
Radiance Platinum (Koramangala, Bangalore) — Premium apartment project (62 units, 3–4 BHK) with high-end amenities; launched Aug 2024.
Radiance Paradise (Injambakkam, ECR, Chennai) — Plotted development (33 plots) in a gated community with parks and basic infrastructure.

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