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DRA Homes to develop 400 apartments, buys 3.43 acres land in Chennai

Tuesday, 11 Jun 2024
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DRA Homes has announced its plans to develop 400 upscale sea-view apartments in OMR, Chennai. The company has bought 3.43 acres of prime land in Navalur, a strategic location for those seeking premium living experiences with ocean vistas, access to key workplaces and city amenities. Spread over seven lakh sq. ft, DRA Homes will launch this project in the first quarter of 2025.

With this new project, the Chennai-based real estate developer is expected to generate a topline of Rs 650 crore over the next four years, highlighting DRA’s commitment to enhancing its portfolio with premium residential properties. DRA’s expansion reflects its dedication to delivering premium living spaces to cater to modern needs of a homeowner.

The sea view apartments combines superior living with luxury for a unique lifestyle experience, and will set a new benchmark for residential properties and redefine the standards of residential properties in the city. Navalur has the highest density of population in OMR and boasts an eco-system of office space, residential, retail, schools, colleges and hospitals in the same vicinity. The upcoming project in Navalur is poised to become a landmark in Chennai's residential landscape.

DRA Homes is known for its innovative designs, premium quality, and customer-centric approach in the real estate sector.

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