DRA has set an ambitious target to double its revenue to Rs 1,000 crore by FY26-27, driven by new project launches and geographical expansions.
The company expects to achieve Rs 500 crore in revenue in FY24-25, up from Rs 300 crore in FY23-24.
To fuel this growth, DRA plans to enter the Pune market and expand further in Bengaluru by the next fiscal year. Additionally, the firm aims to solidify its position in Chennai by adding 2.7 million sq. ft. of saleable area through nine ongoing and six upcoming projects across key locations in the city.
“Pride is the soul of DRA and it is now set to accelerate as we embark on our next phase of growth with renewed priorities. In India, purchasing a home is a dream and a matter of pride for many, and it's even more exciting amongst the millennials and GenZ.,” said Ranjeeth Rathod, Managing Director, DRA.
DRA aims to further increase its market share and strengthen its pride-connect with customers, employees and the partners. “This collaboration also underscores DRA’s commitment to offer quality, spacious homes at the right price point while instilling a sense of pride in every home buyer. DRA will roll out its ‘Home of Pride’ campaign with Rashmika Mandanna starting from 29th November 2024, said Rathod.
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