DRA Homes Aims for Rs 1,000 Crore Revenue by 2026 with Strategic Expansion
DRA Homes, a leading real estate developer, has set an ambitious goal to achieve Rs 1,000 crore in revenue by 2026. The company plans to expand into the Pune market and further strengthen its presence in Bengaluru and Chennai. Actor Rashmika Mandanna has
Dra HomesReal EstateRevenue GoalPuneRashmika MandannaReal Estate PuneDec 01, 2024
To support this growth, DRA Homes has appointed actor Rashmika Mandanna as its national brand ambassador. This strategic move underscores the company's commitment to enhancing its market presence and engaging with a broader audience. Rashmika Mandanna, known for her versatile roles in the Indian film industry, is expected to bring a significant boost to the company’s brand image and market reach.
DRA Homes has identified Pune as a key market for its expansion plans. The city, known for its growing real estate sector and vibrant economic environment, offers a fertile ground for the company’s projects. The company plans to launch several new developments in Pune, focusing on both residential and commercial properties.
Bengaluru remains a core market for DRA Homes, and the company will continue to invest in high-quality projects in the city. With a strong track record in Bengaluru, DRA Homes aims to maintain its leadership position by introducing innovative and sustainable housing solutions.
In addition to Pune and Bengaluru, DRA Homes plans to expand its footprint in Chennai. The company will add 2.7 million square feet of new development in Chennai, further solidifying its presence in the southern market. This expansion is expected to cater to the growing demand for quality living spaces and commercial properties in the city.
DRA Homes’ growth strategy is supported by a strong focus on customer satisfaction, quality construction, and sustainable development. The company is committed to delivering projects on time and to the highest standards, ensuring that its customers have a positive experience.
As DRA Homes embarks on this ambitious journey, the company remains dedicated to creating value for its stakeholders and contributing to the development of the real estate sector in India.
Frequently Asked Questions
What is DRA Homes' revenue target for 2026-27?
DRA Homes aims to achieve Rs 1,000 crore in revenue by the financial year 2026-27.
Which actor has been appointed as DRA Homes' national brand ambassador?
Actor Rashmika Mandanna has been appointed as the national brand ambassador of DRA Homes.
What are the key markets for DRA Homes' expansion plans?
The key markets for DRA Homes' expansion plans are Pune, Bengaluru, and Chennai.
How much new development does DRA Homes plan to add in Chennai?
DRA Homes plans to add 2.7 million square feet of new development in Chennai.
What was DRA Homes' revenue for the fiscal year 2023-24?
DRA Homes reported earnings of Rs 300 crore for the fiscal year 2023-24.
Related News Articles
Cracking Down on GST Evasion: Pune's Fake Invoice Racket Busted
A fake invoice and ITC trading racket was busted in Pune by the CGST Commissionerate, with two arrests made and Rs 3.25 crores recovered so far.
MNS Eyes 20 Seats in Maharashtra Assembly Polls, May Field Raj Thackeray's Lieutenant in Worli
Raj Thackeray-led Maharashtra Navnirman Sena (MNS) demands 20 seats from BJP, may field Sandeep Deshpande against Aaditya Thackeray in Worli
Bombay High Court Backs Maharashtra Government's Lease Rent Hike in Bandra
The Bombay High Court has upheld the Maharashtra government's decision to increase lease rent in Mumbai's Bandra, citing the area's high-end real estate status.
Hyderabad Real Estate Company Fined Rs 4.27 Lakh for Unregistered Project Ad
Hyderabad-based real estate company faces significant penalties for promoting a residential project before obtaining necessary registrations, highlighting the importance of adherence to RERA guidelines.
Income Tax Seizes Benami Properties Linked to Pintail-Amravati Group
The Income Tax Department has attached prime land parcels and properties linked to the Pintail-Amravati real estate group. The investigation revealed that key individuals, including Chaturvedi and his network, may have been involved in a complex scheme to
Vinod Goenka: A Visionary Leader in Real Estate
Vinod Goenka's leadership at Valor Estate reflects a deep understanding of the industry's complexities and a commitment to driving positive change.