DRA Homes, a leading real estate developer in Chennai has announced to develop 400 upscale sea-view apartments on OMR, Chennai. The announcement comes post the company’s buying 3.43 acres of prime land in Navalur, a strategic location for those seeking premium living experiences with breath-taking ocean vistas, a convenient access to key workplaces and city amenities. Spread over 7 lakh square feet, DRA Homes plans to launch its latest project in the first quarter of 2025.
With this new project, DRA Homes is expected to generate a topline of INR 650 crore over the next four years, highlighting DRA’s commitment to enhancing its portfolio with premium residential properties. Navalur enjoys the highest density of population on OMR with the eco-system of Office space, Residential, Retail, Schools, Colleges and Hospitals in the same vicinity.
Ranjeeth Rathod, Managing Director of DRA Homes, expressed his enthusiasm for the expansion, “We are thrilled about our latest project in OMR, as it marks a significant milestone for DRA Homes. DRA’s expansion in Navalur is a testament to our dedication to delivering premium living spaces catering to the modern needs of a homeowner. The sea view apartments will offer an unparalleled living experience, combined with luxury with a unique lifestyle experience. We are confident that this development will set a new benchmark for residential properties and redefine the standards of residential properties in Chennai.”
DRA Homes continues to be at the forefront of the real estate industry, known for its innovative designs, premium quality, and customer-centric approach. The upcoming project in Navalur is poised to become a landmark in Chennai's residential landscape, reflecting the company's vision of creating exceptional living spaces.
