DRA Enters Rs 5 Billion Club, Redefines Chennai’s Housing Growth

23 Apr 2025 CW Team

DRA has become the fastest real estate developer in Chennai to cross the Rs 5 billion mark, clocking Rs 5.25 billion in revenue in FY 2024–25. This milestone marks the launch of DRA 2.0, its next growth phase, focused on tech-enabled, customer-first development rooted in local insight.

To mark the achievement, DRA held a celebratory event with employees, customers, and stakeholders. Ranjeeth Rathod, Managing Director, presented the milestone, followed by a keynote from Yubi CEO Gaurav Kumar on innovation and trust.

“Crossing the Rs 5.25 billion mark isn’t just a financial milestone – it’s a celebration of the trust, vision, and values that have shaped our journey,” said Rathod. “This milestone is a collective win... energising us for the road ahead.”

The company also unveiled innovations like the Timeline Meter and paperless customer portal. With rising traction in Medavakkam, Sholinganallur, Avadi, and Navalur, DRA is strengthening its footprint citywide, aiming to redefine homeownership for millennials and Gen Z with a blend of tech, design, and purpose.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..