Drahomes
- Company typePrivate
- Founded1986
- HeadquartersChennai, India
- Headcount101–250
- GTM typeB2C
- OfferingServices
Drahomes firmographics
Firmographics- Name
- Drahomes
- Legal name
- DRA Aadithya South City Projects Private Limited
- Website
- https://drahomes.in
- Company type
- Private
- Founded year
- 1986
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Drahomes industry classification
Industry- Product category
- Residential Real Estate Development
- NAICS
- New Housing For-Sale Builders (236117), Residential Building Construction (2361), Land Subdivision (2372)
- SIC
- Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Dealers (For Their Own Account) (6532)
- akta.pro primary industry
- Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)
Keywords
Where Drahomes is headquartered
LocationHeadquarters
- HQ city
- Chennai
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Drahomes business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Others
Revenue model
- Residential Property Sales: Core revenue from selling apartments, villas, and plots across various projects in Chennai. Revenue is generated through one-time property sales with typical real estate transaction cycles.
- Co-living Operations (Truliv): Parent company DRA Homes constructs units that are sold to individual owners and leased back for Truliv to operate under a rental guarantee model, creating recurring rental income streams.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Multi-year contract | Residential apartments ranging from studio to 4 BHK configurations |
| Unit Pricing | Multi-year contract | Mid-income residential development targeting ₹500 crore inventory value |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
Drahomes product offering
Product offeringCore offering
DRA Homes develops and sells residential apartments, villas, plotted developments, and commercial properties primarily in Chennai and surrounding areas in Tamil Nadu, India. Operating since 1986, the company delivers mid-income to luxury housing projects across key Chennai corridors including OMR, Madhavaram, East Tambaram, Valasaravakkam, Avadi, and Sriperumbudur, with 19+ ongoing and 20+ completed projects.
Product overview
DRA Homes is a Chennai-based real estate developer operating since 1986. The company offers a diversified portfolio of residential and commercial properties including premium apartments (DRA Astra, DRA Polaris, DRA Beena Clover, DRA Infinique, DRA Trinity, DRA Harmony, DRA Marina 100, DRA Skylantis), villa communities (DRA Inara), plotted developments (DRA Avalon, DRA Secura), and commercial projects (DRA Down Town, DRA Phoebe). Their projects span key Chennai locations including OMR corridor, Madhavaram, East Tambaram, Valasaravakkam, Avadi, and Sriperumbudur. The company operates under legal entities including DRA Aadithya South City Projects Private Limited and has received IGBC Gold certification for sustainability on select projects.
Differentiator
Problem solved
Functional benefit
Brands
- Truliv: Organised co-living platform operating over 3,000 beds across 21 properties, launched by the parent company DRA Homes under a build-sell-lease-operate model.
Products and services
- DRA Astra Premium residential project in Madhavaram featuring 132 units of 2 & 3 BHK apartments with super built-up areas from 1066 to 1695 sq.ft, structured as Stilt + Upper Stilt + 12 floors. RERA Registration TN/29/Building/0018/2025. Targeted at mid-income homebuyers seeking quality construction in North Chennai.
- DRA Polaris Premium 96-unit residential enclave in Madhavaram offering 2 & 3 BHK apartments with sizes ranging from 1168 to 1948 sq.ft. Built with Stilt + 13-floor structure on 0.85 acres. RERA Registration TN/29/Building/0533/2024. Targets mid-income families in North Chennai.
- DRA Beena Clover IGBC Gold-certified residential project in Selaiyur, East Tambaram with 217 units of 2 & 3 BHK apartments featuring eco-friendly and sustainable living standards. RERA Registration TN/35/Building/0459/2024. Targets environmentally conscious mid-income buyers in South Chennai.
- DRA Infinique Modern residential project in Valasaravakkam with 76 units across Basement + Stilt + 13 floors, featuring 3 & 4 BHK apartments designed for central Chennai living near Porur Junction. RERA Registration TN/29/Building/483/2023. Targets HNI and luxury buyers seeking premium West Chennai addresses.
- DRA Trinity Boutique residential project in Thoraipakkam, OMR featuring 50 elegant 3 BHK apartments across Stilt + 5 floors, located 2 minutes from upcoming metro station. RERA Registration TN/29/Building/467/2023. Targets IT professionals and premium buyers in OMR corridor.
- DRA Harmony Premium 2 & 3 BHK lifestyle apartments in Navalur, OMR spread across 1.40 acres with Stilt + 13 floors. The project is ready to occupy and funded by Tata Capital. RERA Registration TN/29/Building/480/2022. Targets IT professionals working in OMR tech parks.
- DRA Marina 100 2 & 3 BHK lifestyle apartments in Navalur, OMR with 100 units sized from 1245 to 1938 sq.ft, located on OMR integrated with Marina Mall. Targets mid-to-upper income IT professionals and families.
- DRA Skylantis 125 smart homes across two towers with 13 floors each in Sholinganallur, OMR, spanning 1.3 acres, targeting IT professionals in the OMR belt with apartment sizes from 1245 to 1938 sq.ft.
- DRA iHEART Residential apartment project in Navalur, OMR targeting IT professionals working in nearby tech parks in the OMR corridor.
- DRA Avalon Ready-to-build plotted development near Sunguvarchatram and Sriperumbudur, 800m from Chennai-Bangalore Expressway, with 165 plots ranging from 590 to 2400 sq.ft. RERA Registration TN/1/Layout/1171/2024. Targets plot investors and self-build buyers seeking appreciation near upcoming Parandur Airport.
- DRA Secura Plotted development near Poonamallee developed by DRA Homes for self-build home buyers and land investors.
- DRA Urbania Kids-centric residential community in Paruthipattu, Avadi with 160 homes in 2 and 3 BHK formats featuring child-friendly amenities and family-focused planning. RERA Registration TN/02/Building/0400/2022. Targets growing families.
- DRA Inara Premium gated villa community in Navalur, OMR offering 118 luxurious 3, 4 & 5 BHK villas spanning 6 acres with over 50 premium lifestyle amenities. Targets HNI and luxury buyers in OMR corridor.
- DRA Cove Studio suite apartments in Guduvanchery/Urapakkam area targeting single professionals and young couples seeking affordable compact living spaces.
- DRA Down Town Commercial project in Egmore, Chennai offering commercial space for businesses and investors.
- DRA Phoebe Commercial project in Egattur offering commercial space for businesses and investors in the OMR corridor.
- Truliv Co-living Platform Organised co-living platform under DRA Homes operating over 3,000 beds across 21 properties with 7,000 more in pipeline. Follows build-sell-lease-operate model where DRA Homes constructs units sold to individual owners and leased back for Truliv to operate under rental guarantee. Targets young professionals and students seeking managed rental accommodations.
Quantifiable outcome
- 100% transparency through Timeline Meter construction tracking
- +1 more outcomes
Companies that use Drahomes
Customer profileNamed customers3 records
Segments5 records
Ideal customer profiles5 records
Drahomes technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Drahomes partnerships and signals
Strategic signalScale indicators5 records
Recent moves6 records
Expansion highlights6 records
Drahomes competitors and assessment
Company assessmentDirect peers
- Casagrand: Casagrand is one of Chennai's largest residential developers offering apartments, villas and plotted developments across the city and other South Indian markets. Directly comparable to DRA Homes in terms of mid-to-premium apartment focus, Chennai-centric operations, and similar buyer segment targeting.
- Appaswamy Group: Appaswamy Real Estate is a long-established Chennai-based residential developer building apartments and villas across the city. Comparable in scale, geographic footprint (Chennai-only), and segment mix of mid-income to premium housing.
- Olympia Group (Olympia Tech Park / Olympia Opal): Olympia Group is a Chennai-based real estate developer covering residential apartments and commercial developments. Comparable as another established Chennai builder targeting similar premium and mid-income segments.
- VGN Property Developers: VGN is a Chennai-focused real estate developer known for plotted developments and apartments across the city's growth corridors. Directly comparable for its mix of plotted layouts and apartment projects on similar Chennai micro-markets.
Broad incumbents
- Brigade Group: Brigade Group is a much larger publicly listed South Indian developer with deep presence in Chennai and Bangalore. Provides benchmark for scale and competitive overlap on Chennai residential projects where DRA competes.
- Godrej Properties: Godrej Properties is India's largest publicly listed developer by sales with nationwide operations. A broad incumbent that competes with DRA on mid-to-premium apartment inventory and brings substantial marketing and capital advantages.
- Prestige Group: Prestige is a nationwide real estate developer with major South India presence in Bangalore, Chennai and Hyderabad. Larger and broader portfolio than DRA, but active competitor on Chennai apartment supply at the premium end.
- Sobha Limited: Sobha is one of India's largest publicly listed residential developers with national operations across Bangalore, Chennai, NCR, Pune and Kerala. A larger incumbent competing across multiple price points including South Indian cities where DRA operates.
- Mahindra Lifespace Developers: Mahindra Lifespaces is a national residential developer with a strong South India presence focused on mid-to-premium housing. Larger and geographically broader than DRA, but competes in similar customer segments in Chennai and other metros.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
Drahomes social profiles
Digital presenceDrahomes compliance and trust
Trust signalCompliance9 records
Drahomes financial estimates
Financial estimateRevenue estimate
Valuation estimate
Drahomes leadership team
Management profileNumber of profiles
Profiles1 record
Drahomes subsidiaries and ownership
Company hierarchySubsidiaries1 record
Drahomes funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Drahomes M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Drahomes
What does Drahomes do?
DRA Homes develops and sells residential apartments, villas, plotted developments, and commercial properties primarily in Chennai and surrounding areas in Tamil Nadu, India. Operating since 1986, the company delivers mid-income to luxury housing projects across key Chennai corridors including OMR, Madhavaram, East Tambaram, Valasaravakkam, Avadi, and Sriperumbudur, with 19+ ongoing and 20+ completed projects.
Is Drahomes a public or private company?
Drahomes is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Drahomes founded?
Drahomes was founded in 1986. It employs 101 to 250 people.
Where is Drahomes based?
Drahomes is headquartered in Chennai, India, in the Asia region.
How does Drahomes make money?
Two revenue lines are on record. Residential Property Sales are the primary driver. The others are co-living Operations (Truliv).
Who are Drahomes's main competitors?
Direct peers on record are Casagrand, Appaswamy Group, Olympia Group (Olympia Tech Park / Olympia Opal) and VGN Property Developers. Broad incumbents are Brigade Group, Godrej Properties, Prestige Group, Sobha Limited and Mahindra Lifespace Developers.
Does Drahomes have an API?
No public API is recorded for Drahomes.
What industry is Drahomes in?
Drahomes's product category is Residential Real Estate Development. Its primary akta.pro industry code is IMAFABAL, Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities). Its NAICS code is 236117 and its SIC code is 6552.