Palace Homes is a proprietary concern founded by Mr S. Kumaar, an MBA from IIM Ahmedabad (‘81 Batch) having over 25 years of senior corporate experience in India and abroad. In India, he was associated with SPIC Ltd., MAC Industries Ltd and Karvy Consultants Ltd in various senior positions between 1981and 2001. He has also been a Director on the boards of several M. A. Chidambaram Group Companies like SDB LTD, Jets Electronic Press Ltd., Beta Industries Ltd, MAC Packaging Ltd., Kanakangi Investments Ltd etc. Palace Homes was started on 23rd June 2005. Palace Homes is a fast growing construction company focused on providing affordable flats for all classes of people in and around Chennai. As Group General Manager of Fawaz Al Zayani, which has operations in Bahrain/UAE/Saudi Arabia & Kuwait, he has supervised several large construction projects both residential and commercial (totaling more than 2 Lac Sft) in the Middle East during 2001-2005.