Coming Soon
Royal Residency - Affordable, Trusted & Safe Urban Living
Royal Residency is our upcoming initiative for affordable, trusted & safe urban living. This page provides information about our vision and plans.
Expected Launch: 12/31/2024
This page provides information about our vision for affordable living. No booking or commercial services are currently active.
Royal Residency
Affordable, Trusted & Safe Urban Living
Royal Residency is a modern hostel and PG designed for students, professionals, and migrants seeking dignity and security. Here, you're not just renting a bed—you’re joining a community.
Fully managed by Mr. Zaheer Ahmed Shaikh for Spice Cell & Mr. Syed Shariq, it stands for quality, mission-first management, and warm hospitality.
Our Vision for Affordable Living
Royal Residency represents our commitment to creating affordable, safe, and dignified living spaces for students, professionals, and migrants in urban India. This initiative is part of Spice Cell’s broader mission to address critical social needs through sustainable solutions.
Currently in the planning and development phase, Royal Residency will provide modern hostel and PG accommodations with a focus on community, security, and affordability. Our approach prioritizes resident welfare over profit margins.
Who We're Building This For
- Students and fresh graduates
- Working men, field staff, and short- or long-term transferees
- Interns, project teams, and educators
- Outstation residents looking for budget, trusted accommodation
Why Affordable Housing Matters
- City rent and utilities are rising rapidly—shared housing is vital
- Trust, cleanliness, and security are essential for peace of mind
- Spice Cell enables affordable options run ethically, not for maximum profit
- 4.3★ real reviews, hundreds of happy repeat residents
Planning & Leadership Team
Leadership & Management
Beyond engineering, Mr. Zaheer has built a successful track record in entrepreneurship, managing multiple ventures and bringing a sharp operational mindset to every project he undertakes. As a partner in Royal Residency, he plays a central role in driving the initiative’s mission to offer affordable, safe, and dignified housing for students and working professionals.
His leadership ensures the project is not only structurally sound and efficiently run, but also deeply rooted in the values of accessibility and social responsibility. Working in alignment with Spice Cell’s vision, he continues to bridge the gap between technical expertise and community impact, helping shape Royal Residency into a scalable, sustainable model of urban affordable living.
Planned Facility Features
Facilities & Amenities
Corporate Information & Legal Status
Corporate Information
Legal Entity
- Company: Spice Cell Private Limited
- Project: Royal Residency Initiative
- Status: Planning & Development Phase
- Incorporation: Under Indian Companies Act
Compliance Status
- Property permits application in progress
- Municipal approvals pending
- Fire safety clearance planned
- Environmental compliance assessment
Documentation
- Project feasibility study
- Market research reports
- Financial projections
- Risk assessment documentation
Key Milestones
- Q4 2023: Team formation
- Q1 2024: Legal setup & funding
- Q2 2024: Property acquisition
- Q4 2024: Infrastructure development
Project Transparency & Accountability
Transparency & Accountability
- Funding Sources: Private investment, community donations, grants
- Budget Allocation: 60% Infrastructure, 25% Operations, 15% Reserve
- Financial Model: Sustainable pricing with affordable housing focus
- Transparency: Quarterly financial reports to stakeholders
- Regulatory Risk: Delays in approvals — Mitigation: Early engagement with authorities
- Market Risk: Demand fluctuation — Mitigation: Flexible pricing and diverse target segments
- Financial Risk: Funding shortfall — Mitigation: Phased development, multiple sources
- Operational Risk: Management challenges — Mitigation: Experienced team and advisors
- Risk Rating: Medium – mitigation strategies in place
- Monthly Updates: Published on company website and social media
- Milestone Reports: Detailed progress against planned deliverables
- Community Meetings: Quarterly stakeholder briefings
- Financial Reports: Transparent fund utilization statements
- Last Update: January 2024 – Team formation and market research completed
- Target Beneficiaries: 200+ students and professionals annually
- Affordability Impact: 30–40% below market rates for similar facilities
- Employment Generation: 15–20 direct jobs, 50+ indirect opportunities
- Community Development: Skills training and mentorship programs
- Impact Metrics: Regular surveys and resident feedback
Stakeholders & Strategic Partnerships
Stakeholders & Partnerships
Core Team
- Mr. Syed Shariq
Founder & CEO, Spice Cell
Project Visionary & Strategic Leadership - Mr. Zaheer Ahmed Shaikh
Operations Manager
Day-to-day management & resident services
Advisory Board
- Real Estate Development Expert
- Financial Planning Advisor
- Legal & Regulatory Consultant
- Municipal Relations Specialist
Community Partners
- Local educational institutions
- Healthcare service providers
- Local food suppliers & vendors
- Transportation service partners
Investment & Support
- Financial investors & donors
- Strategic business partners
- Educational institution collaborators
- Government & NGO supporters
All partnerships are evaluated based on alignment with our mission of affordable housing, commitment to social impact, and contribution to sustainable community development.
Project News & Development Updates
Project News & Updates
Community Support & Testimonials
👥 Resident Reviews
Asad Siddiqui
Very good hostel for long and short stays. The food is excellent and management is good. I would highly recommend Royal Residency Hostel to anyone looking for a secure and peaceful space.
Prashant Awasthi
Highly recommended to those who want a peaceful and safe environment. Best for students and working professionals. Management is polite and supportive.
Manoj Kumar
I have stayed here for 3 years. It was a wonderful experience! Good food, friendly staff, safe and affordable.
Naseem
The hostel is good and safe. Staff are very helpful. Clean rooms and healthy environment. Recommended for students.
Ajay Kumar Gupta
Great accommodation with reasonable rent, food quality is good, and staff are helpful. Perfect for people coming from outside Lucknow.
Abhay Dixit
Good stay for students and working men. Proper food, easy transport. Owners are helpful.
Ravi Rajput
I stayed here for my Bank PO training. Rooms were clean and comfortable, felt very safe.
Shubham Shukla
Best PG for outsiders. Staff is very caring, food quality top notch.
Mohd Salman
Affordable and good environment, management resolves issues quickly.