Radiance Realty projects, prices and review
A Chennai builder from the NAPC family, making homes in Chennai, Bengaluru and Coimbatore since 2007
Who is Radiance Realty?
In one lineRadiance Realty is a Chennai developer set up in 2007 by the Manian family of the NAPC construction group. It builds apartments and villas in Chennai, Bengaluru, Coimbatore and Madurai.
Who they are. Radiance Realty Developers India Limited started in 2007 as NAPC Properties and took its present name in 2011. It is promoted by K.S. Manian and his son Varun Manian, whose family has been in construction through NAPC since 1949.
How big they are. CARE Ratings reported 37 completed projects, including plots, with about 58.9 lakh Sq.Ft. of saleable area (March 2024). It is a mid-sized South Indian builder.
What they build. Mostly apartments in Chennai, with some villas and plots. It has expanded to Bengaluru, Coimbatore and Madurai, often through joint development deals with landowners.
How they are doing now. In March 2024 CARE reaffirmed its BBB+ (Stable) rating. CARE noted lower debt through prepayments but also weak interest cover and loans to group firms.
Radiance Realty key factsUpdated 21 Oct 2026
- Founded
- 2007, Chennai
- Run by
- Varun Manian, Managing Director
- Group
- NAPC, in construction since 1949
- Stock listing
- Unlisted public company
- Completed
- 37 projects, about 58.9 lakh Sq.Ft. (CARE)
- Credit rating
- CARE BBB+ (Stable), Mar 2024
- Main markets
- Chennai, Bengaluru, Coimbatore, Madurai
- Projects on BookNewProperty
- 3 (3 open for sale)
Sources: CARE Ratings press release (29 Mar 2024), HomeBazaar builder profile (2026), company website. Project counts and prices are live from BookNewProperty listings.
What changed at Radiance Realty
Prices and stages checked daily · last checkWhy buyers choose Radiance Realty
- Construction roots. The promoter family has run the NAPC construction business since 1949, so building know-how runs deep.
- Real delivery record. CARE counts 37 completed projects, mostly in Chennai, which you can see before you buy.
- Investment grade rating. A BBB+ rating from CARE is investment grade, meaning moderate safety on debt payments.
- Land deals reduce risk. Many projects use joint development with landowners, so the company spends less cash up front on land.
Know before you buy
- Newer outside Chennai. Most of its record is in Chennai. Bengaluru and Coimbatore projects are a more recent move.
- Debt to watch. CARE flagged weak interest cover and money lent to group companies in its 2024 review.
- Not traded. It is an unlisted company, so it does not publish quarterly results like a listed builder.
- Check each project. Delivery speed can differ by project and city, so read the RERA completion date and quarterly updates.
Radiance Realty projects: new launches, under construction and ready to move
3 of 3 Radiance Realty projects are open for sale. Filter by city, stage, home type and budget.
3 matching projects
No listed project matches that mix yet. Our advisors also track upcoming Radiance Realty launches.
Radiance Realty prices by city (2026)
Starting prices and average price per Sq.Ft. across Radiance Realty projects open for sale, live from our listings.
Live from our listings. "Get prices" means the builder shares prices on request; we will send them to you.
Get the Radiance Realty price report
Live prices straight from developer price sheets, not listing portals.
- Rate per Sq.Ft. and all-in price for each project
- Upcoming launches before they open
- Current offers and payment plans
Where should we send it?
Sent to your phone within 30 minutes, 9 AM to 9 PM.
Radiance Realty by the numbers
Our own analysis of the 3 Radiance Realty projects we track. It updates when projects are added or prices change.
Should you buy from Radiance Realty?
Our verdict on Radiance Realty
Our verdict. Radiance is an established Chennai builder with a long family background in construction and an investment grade rating. It is a reasonable choice, especially in Chennai.
The trade-off is a shorter record in Bengaluru and Coimbatore and some balance sheet strain flagged by CARE, so check progress on your project before paying large sums.
Good for you if
- You want a mid-sized builder with a long record in Chennai
- You value a builder rated investment grade by an agency
- You are buying in Coimbatore or Bengaluru and have checked the project's progress
Think twice if
- Buyers who want a listed builder with quarterly results
- Buyers who want a builder with a long record in Bengaluru
- Buyers who want the lowest-risk, highest-rated developer
Reviewed by Vikash S, 21 Oct 2026. We are a channel partner, so we earn from the builder, never from you.
Radiance Realty FAQs: what buyers ask
How many Radiance Realty projects are there?
We list 3 Radiance Realty projects, and 3 of them are open for sale.
- Under construction: 3
In which cities does Radiance Realty have projects?
Radiance Realty projects we list are in 2 cities.
- Coimbatore: 2 projects
- Bengaluru: 1 projects
Does Radiance Realty sell villas or plots?
Yes.
- Villa and row house projects: 1
- Apartment projects: 2
Is Radiance Realty a good builder to buy from?
Radiance has completed 37 projects, mostly in Chennai, and holds a CARE BBB+ rating. It is a fair choice, but check the RERA completion date and site progress for your project.
Who owns Radiance Realty?
It is promoted by K.S. Manian and his son Varun Manian, who is the Managing Director. The family also runs the NAPC construction group.
Is Radiance Realty listed on the stock market?
No. Radiance Realty Developers India Limited is an unlisted public company, so its shares are not traded.
Where does Radiance Realty build?
Mainly in Chennai, with projects also in Bengaluru, Coimbatore and Madurai.
Are Radiance Realty projects RERA registered?
Every project launched after 2017 must be registered with its state RERA. We show the RERA number on each project page. If you are offered an EOI before registration, pay only a refundable amount.
Terms on this page, explained simply
- RERA
- The state property regulator. Every new project must register with it and publish its plans, approvals and handover date.
- Pre-launch or EOI
- Booking your interest before RERA registration, usually with a refundable amount, to get early prices.
- Sales bookings
- The value of homes a builder sold in a period. It shows demand, not money already received.
- Listed company
- A company whose shares trade on the stock exchange. It must publish its results every quarter.
- Carpet area
- The usable floor area inside your walls. Builders must state it under RERA.
- Occupancy certificate (OC)
- The approval that a finished building is safe to live in. Ask for it before buying a ready home.
Find the right Radiance Realty home in one call
Our advisors compare live prices, payment plans and handover dates across every Radiance Realty project, then send you the best 3 to 5 matches.