Ranjeeth Rathod, MD, DRA, at a press conference, in Chennai on Thursday (November 28, 2024) Photo: Bijoy Ghosh to go with the Simhan Raja report | Photo credit: Bijoy Ghosh
Dr., the real estate developer based in Chennai reported a 50 percent increase in revenues to ₹ 525 million rupees for the prosecutor who ends on March 31, 2025.
The company is advancing a 40 percent increase in revenues to around ₹ 725 million rupees for the current prosecutor, Ranjeeth Rathod, DRA managing director, said Business line. The highest income was due to the highest demand for apartments throughout the city, he added.
The company’s installation projects include eight apartments; A villa and a development drawn the next projects include a project drawn on the outdoor ring road; Two apartment projects in Old Mahabalypuram Road (OMR) and an Apartment project in Chembarambakam, he said.
The company, which was launched 10 years ago, also said in a statement that the brand has seen traction in rapid runners in Chennai such as Medakkkam, Sholinganallur, Madhavaram, Avadi and Navalur.
“We are the most active in OMR with projects in Navalur, Karanai, Thalambur, Stewry and Thoraipalkam,” Rathod said. “Crossing the ₹ 525 million rupees, in fiscal year 2015, Mark is not just a financial milestone, but it is a celebration of trust, vision and values that have shaped Ourney,” he added.
The company, which has developed 10 million square feet of residential space (mostly) in Chennai, said it hopes to add 2.7 m square feet of its continuous and future projects.
Cushman & Wakefield, a global firm of commercial real estate services, in a report published on April 10, said that the door of the first quarter of the year, Chennai registered a healthy addition of around 6,200 UY residential, 53 percent Qoqth. The South suburban submarket dominated the releases of quarterly units, representing 40 percent of the total, driven by locations such as Sholinganallur, Melakottaiyur and Perumbakkam.
Posted on April 23, 2025