DRA Homes, a leading real estate developer, has set a target of Rs 1,000 crore revenue by FY2026-27 and is expanding its presence in Pune and Bengaluru. The company has also roped in Rashmika Mandanna as its national brand ambassador.
Real EstateDra HomesRashmika MandannaPune MarketBengaluruReal Estate PuneDec 01, 2024
DRA Homes has set a target of generating Rs 1,000 crore in revenue by the financial year 2026-27.
DRA Homes has signed popular actor Rashmika Mandanna as its national brand ambassador.
DRA Homes reported revenues of Rs 300 crore in the financial year 2023-24.
DRA Homes is expanding into the Pune market and strengthening its presence in Bengaluru and Chennai.
DRA Homes will launch a 'Home of Pride' campaign to mark the occasion of signing Rashmika Mandanna as its brand ambassador.
Foreign investors invest heavily in Indian real estate, accounting for 65% of total inflow; sector witnesses 62% growth in institutional investment
India's real estate sector has witnessed significant growth, with 36 companies valued at over $1 billion each, surpassing China's numbers.
China's regulatory bodies are implementing a series of measures to stabilize the housing and equity markets. The China Securities Regulatory Commission (CSRC) is enhancing market monitoring for both futures and spot trading.
Private equity investments in India's real estate sector hit USD 4.3 billion in 2024, driven by foreign institutional investors and robust economic recovery.
Real estate leaders anticipate tax reliefs, GST reductions, and policy reforms in Union Budget 2025 to boost housing demand and investment.
In a recent policy update, the Reserve Bank of India (RBI) cut the repo rate by 25 basis points to 6.25%. This move has generated significant interest in the real estate sector, particularly among first-time homebuyers. Property experts and economists are optimistic that this reduction could ease the financial burden on potential buyers and stimulate the market. Here’s how the repo rate cut could impact the real estate sector.