DRA Acquires 10 Acres Near OMR for ₹159 Crore

Posted by Robert on September 19, 2026

Real Estate

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DRA has acquired a 10-acre land parcel near Thazhambur, off OMR in South Chennai, for ₹159 crore.

Land: 10 acres
Acquisition: ₹159 crore
Planned development: 1.55 million sq.ft.
Estimated GDV: ₹1,200 crore
Location: Thazhambur, OMR

The proposed project is planned with row houses, mid-rise apartments, and a 38-story residential tower.

Property Inside Take: Another sizeable residential development is entering the OMR–Thazhambur corridor, adding to the area’s housing supply.