Wednesday, August 29, 2012

BWI: R.Sivakumar, CEO, Palace Homes® Group, Honored with ‘Vaniga Maamani Award-2012’

Press release from Business Wire India
Source: Palace Homes
Wednesday, August 29, 2012 11:45 AM IST (06:15 AM GMT)
Editors: General: Entertainment, People; Business: Business services, Construction, Media & entertainment, Real estate
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R.Sivakumar, CEO, Palace Homes® Group, Honored with 'Vaniga Maamani Award-2012'


Chennai, Tamil Nadu, India, Wednesday, August 29, 2012 -- (Business Wire India) -- Mr.R.Sivakumar, also known as S.Kumaar, CEO, Palace Homes Group, was awarded 'Vaniga Maamani Award-2012' for his achievement in Realty sector in a glittering function held on 5th August 2012 at JIPMER Auditorium, Pondicherry.

The awards were given by 'Vanigamani',a leading business magazine in Tamil, to select individuals for achievement in their respective fields. The award was presented by Thiru.N..Rangaswamy, Hon'ble Chief Minister of Pondicherry. Thiru.Chozha Nachiar Rajasekar, President, Tamil Chamber of Commerce was also present on the dais during the occasion.

Mr.R.Sivakumar, a graduate of IIM-Ahmedabad, has held many senior positions in various Corporates like SPIC, MAC Industries, Karvy Consultants Ltd., etc. He entered into Realty Industry in June 2005 by launching a concern called 'Palace Homes' and within a short period of 7 years he successfully completed and marketed about 2,17,000 sft. of quality affordable residential space and has varied client profile including NRIs from about eight countries. Palace Homes is poised to add another 2,00,000 sft of quality affordable residential space within the next 1 year.

It has been the objective of Palace Homes to provide affordable quality flats since the time of its
inception. Palace Homes is a professionally managed concern. Its constructions are structurally strong and built with quality using materials of market leaders like Johnson, Parryware, Godrej, etc., and these premium flats are unbelievably affordable! As quality receives top priority at Palace Homes, anyone buying a flat from Palace Homes is buying from an ISO 9001:2008 certified concern.

Palace Homes had offered affordable flats at a price as low as Rs.13.0 lakhs in areas considered threshold of Chennai Corporation and has persisted offering affordable flats at prices ranging Rs.22-30 lakhs notwithstanding falling margin in flats of this type. When there is spiraling increase in the cost of raw materials, land and labour and when it is hard to keep the cost of flats low, Palace Homes, unmindful of reduction in profit, continues to offer premium flats at non-premium prices unlike most of the builders targeting higher segments. It is this service to low and middle income group by Palace Homes that caught the spontaneous and irresistible attention of many organizations that encourage and honour the achievements of industrialists. Awards and accolades have been pouring in.

Mr.Sivakumar had received many awards in the past. 'PEAKS' Award, Rajiv Gandhi Shiromani Award, Bharath Gaurav Award, Mother Teresa Excellence Award, Indira Gandhi Shiromani Award, Dr.M.G.R. Award- to name a few.

R.Sivakumar, CEO, Palace Homes Group receiving prestigious 'Vaniga Maamani
Award-2012' from Thiru.N.Rangaswamy, Chief Minister, Pondicherry at a glittering function held on 5.8.12 at JIPMER Auditorium, Pondicherry
.

This 'Vaniga Maamani' award received from the hands of Thiru..N.Ramgaswamy, Chief Minister, Pondicherry is a fitting recognition that Vanigamani, a pioneer magazine of its kind, honouring Palace Homes, a pioneer in construction of quality affordable flats!

A philanthropist by nature, Mr.R.Sivakumar is an active Charter Member of Rotary Club of Chennai, Velachery. He is the President Elect for the year 2013-14.

Nothing pays like hard work!

About Palace Homes®

"Palace Homes®" has been in the business of construction of affordable quality residential flats since 2005.

Palace Homes is an ISO 9001:2008 Certified concern and also a Patron Member of Builders Association of India.

Palace Homes has varied client profile including NRIs from about eight countries. The unique strengths of Palace Homes are elegant elevation of project, robust structural design and timely completion. The identification of sites is done in prime developing areas to give a lasting value for the investment of tclients. The following is the Seven Point Charter of Palace Homes:

Locating Land at the cusp of Development
Clear Titles
Sound Structural Design
Attractive Elevation
Quality Materials
Affordable Price
Strict Delivery Schedule

Within a short period of seven years, Palace Homes has designed and marketed more than 2,17,000 sft. of quality residential space and poised to add another 2,00,000 sft of quality affordable residential space within the next one year.

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CONTACT DETAILS
R.Sivakumar, CEO, Palace Homes, +91 9841153962, customercare@palacehomes.in; info@palacehomes.in

KEYWORDS
ENTERTAINMENT, PEOPLE, BUSINESS SERVICES, CONSTRUCTION, MEDIA, REAL ESTATE

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