DRA buys 10-acre Chennai land parcel for Rs 159 crore to develop housing project

Realty firm DRA has acquired a ten-acre land parcel in Chennai for Rs 159 crore. This acquisition is part of the company’s expansion plans and will develop a housing project. The new project is estimated to generate revenue potential of Rs 1,200 crore. The company has developed many real estate projects over the past forty years. Realty firms are acquiring land for housing projects amid strong demand for homes.
Read more at the source

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.