Real estate developer DRA Homes has announced plans to construct 400 upscale apartments boasting stunning ocean views along Chennai's Old Mahabalipuram Road (OMR). Situated on a strategically chosen 3.43-acre plot in Navalur, the project offers residents a tranquil coastal lifestyle with convenient access to essential amenities. Spread over 7 lakh square feet, the development is projected to generate INR 650 crore in revenue over the next four years. Managing Director Ranjeeth Rathod anticipates that these sea-view apartments will set a new standard for luxury living in Chennai, catering to the city's growing demand for modern, premium residences.
Real estate developer DRA Homes has revealed plans to construct 400 upscale apartments with stunning ocean views on Chennai's OMR (Old Mahabalipuram Road).
The project will be situated on a strategically chosen 3.43-acre plot in Navalur, a well-developed neighbourhood known for its high population density. This prime location offers the best of both worlds: easy access to essential amenities like workplaces, schools, hospitals, and shopping, all within convenient reach. Residents can enjoy the tranquillity of oceanfront living while still being close to the necessities of daily life. The project, spread over a vast 7 lakh square feet, is expected to launch in the first quarter of 2025.
This project represents a significant expansion for DRA Homes and is projected to generate a topline of INR 650 crore over the next four years. It also underscores the company's dedication to developing premium residential properties in Chennai. DRA Homes has carved a niche for itself with its innovative designs, high-quality construction, and customer-centric approach.
Ranjeeth Rathod, Managing Director of DRA Homes, expressed his excitement about the project, stating that the sea view apartments will offer an unparalleled living experience, combining luxury with a unique lifestyle experience. He believes this development has the potential to set a new benchmark for residential properties in Chennai, effectively redefining the standards of luxury living in the city.
The upcoming project has the potential to become a landmark in Chennai's residential landscape. By offering 400 upscale living spaces with breathtaking ocean views and convenient access to amenities, DRA Homes is catering to the growing demand for modern, luxurious living options in Chennai.
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