The term 'Majestic Homes' can be summarized as Palaces, which is a 7 letter word. Palaces are large and luxurious residences that are usually owned by royalty or other high-ranking individuals. They are often grand and ornate in design, with many rooms and features such as gardens, courtyards, and fountains. Palaces are typically used for ceremonial purposes, such as hosting state events or entertaining guests.