Real estate developer DRA Homes has set a revenue target of Rs 1000 crore by the financial year 2026-27, with plans to expand into Pune and bolster its presence in Bengaluru and Chennai. The company has also appointed popular actor Rashmika Mandanna as it
Dra HomesReal EstateRevenue TargetsPuneRashmika MandannaReal Estate MaharashtraDec 01, 2024
DRA Homes has set a revenue target of Rs 1,000 crore for the financial year 2026-27.
DRA Homes plans to expand into the Pune market and strengthen its presence in Bengaluru and Chennai.
Popular actor Rashmika Mandanna has been appointed as the national brand ambassador of DRA Homes.
The 'Home of Pride' campaign is an initiative by DRA Homes to enhance its connection with customers, employees, and partners, and to reinforce its commitment to delivering high-quality homes.
DRA Homes generated Rs 300 crore in revenue in FY2023-24 and is projected to achieve Rs 500 crore in FY2024-25.
Prachay Capital, a leading financial institution, has introduced innovative finance options for Aluform, a prominent player in the Pune real estate sector.
Despite a robust demand for real estate, Pune has witnessed a significant slump in property registrations. According to the latest data from Knight Frank India, the city recorded 13,371 property registrations, generating Rs 475 crore in revenue.
Ashiana Housing Ltd. saw a remarkable one-day gain of 7.11%, outperforming major market indices on January 3, 2025. The surge was driven by positive market sentiment and optimism about the company's future prospects.
Pune witnesses growing support for Eknath Shinde as tensions rise within the Mahayuti alliance. Local communities and political factions are rallying behind Shinde, with banners and slogans praising him as a 'dev' or deity.
Pune has taken the lead in India's real estate market, with almost 90,000 housing units sold in CY2024, generating a total sales value of ₹65,000 crores.
The real estate sector is experiencing cautious optimism, with the residential market showing positive signs and the office market remaining robust.