DRA Homes targets Rs 1,000 crore revenue by FY27; Rashmika Mandanna as brand ambassador

Chennai, Dec 1 (PTI) Real estate developer DRA Homes has set ambitious power generation target $The company said on Sunday that revenue will touch Rs 1,000 crore by the financial year 2026-27.

As part of its three-year growth strategy, DRA Homes plans to enter the Pune market while strengthening its presence in Bengaluru.

The company has also roped in popular actor Rashmika Mandanna as its national brand ambassador to drive its growth plans.

DRA Homes reports revenue of $300 crore is expected to be achieved in FY 2023-24 $500 crore in the financial year 2024-25.

DRA unveils its strategic growth plan to achieve $Revenue will touch Rs 1,000 crore by financial year 2026-27. is expected to be realized $The company, which aims to clock a revenue of Rs 500 crore in the financial year 2024-25, plans to drive growth over the next three years by entering the Pune market and expanding its presence in Bengaluru in the next financial year, according to a statement issued on Sunday.

Additionally, DRA Homes plans to strengthen its presence in Chennai by adding 2.7 million square feet of space through ongoing and upcoming projects.

“Pride is the soul of DRA and we will now step up to start the next phase of growth with new priorities. In India, home ownership is a dream and a source of pride for many, especially Millennials and Generation Z We remain committed to playing a responsible role in helping homebuyers realize this dream,” said Ranjeeth Rathod, Managing Director, DRA.

DRA Homes has roped in Rashmika Mandanna as its brand ambassador with a view to increasing its market share and strengthening connect with customers, employees and partners. To mark the occasion, the company will launch a Pride Home campaign.

“Rashmika’s astonishing rise from humble beginnings to self-made national star embodies the qualities of perseverance, authenticity and growth that go hand in hand with DRA’s passion and commitment to excellence. As our brand ambassador, Rashmika perfectly embodies core values ​​of DRA,” Rathod added.