DRA Homes Announces Upscale Apartment Project in Chennai

DRA Homes, a real estate developer in Chennai, has announced plans to develop 400 upscale sea-view apartments on OMR in Chennai. The project follows the company’s acquisition of 3.43 acres of prime land in Navalur.

Spread over 7 lakh square feet, DRA Homes aims to launch the project in the first quarter of 2025, according to a company statement. Navalur, known for its dense population and ecosystem of office spaces, residential areas, retail outlets, schools, colleges, and hospitals, is expected to be an ideal location for the new development.

“We are thrilled about our latest project in OMR. The sea-view apartments will offer an unparalleled living experience, combining luxury with a unique lifestyle experience,” said Ranjeeth Rathod, Managing Director of DRA Homes.

With this new project, DRA Homes is projected to generate a top-line of ₹650 crore over the next four years.

HBL