DRA Homes will 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 Rs 650 crore over the next four years. 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, MD, DRA Homes, said, “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.”
