DRA Homes Allocates Rs 2,000 Crore for FY 2024-25 Expansion

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DRA Homes earmarks Rs 2,000 crore for the fiscal year 2024-25, focusing on a Rs 500 crore investment in Chennai. The strategic expansion plan, supported by equity, internal accruals, and structured debt, emphasizes mid-segment offerings from Rs 50 lakh to Rs 2 crore. Additionally, the company ventures into commercial development, villas, and layout stocks, targeting a turnover of Rs 750 crore in the next 3-4 months.

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Note: Note: The above-mentioned news was first published by us in our ProjectX India | 1st March 2024 edition.. To get this issue or our latest issue with full contact details, you can buy this issue by clicking here…


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