DRA Homes Buys 3.91 Acres in Chennai for ₹49.7 Crore
Certainly! Here’s a rewritten version of the provided content: NEW DELHI: DRA Homes has purchased 3.91 acres of land in Karanai, located off the Old Mahabalipuram Road (OMR) in Chennai, for ₹49.70 crore. The company intends to establish a mid-segment residential community on this site, with an anticipated inventory value of approximately ₹500 crore. Ranjeeth Rathod, the managing director, commented, “The acquisition in Karanai is in line with our strategy and will reinforce our development pipeline in Chennai.” Earlier in January 2026, the company secured a ₹250 crore debt platform from Yubi to enhance its land acquisition capabilities in high-growth…