DRA Homes Acquires Prestigious Marina Mall Residences on OMR, Chennai

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Marina Mall Residential Project to Offer Unique Lifestyle with Integrated Mall, Hotel, and Sea-Facing Residences. Funded by fintech platform, YuBi

Chennai, September 28, 2024: DRA Homes, a leading real estate developer in Chennai, has officially announced taking over the residential development segment of the prestigious Marina Mall located on OMR, Chennai, with funding facilitated by YuBi, a cutting-edge FinTech platform. This landmark project marks a significant milestone in Chennai’s real estate landscape and introduces a unique opportunity for retail High Net-worth Individuals (HNIs) to participate in the growth of the city.

In a pioneering move for Chennai, the transaction allows the subscription of NCD by retail HNIs through YuBi Fin-tech platform, paving the way for increased retail participation in the city’s burgeoning development scene. This initiative not only facilitates investment opportunities in real estate but also signifies a new era of collaborative growth in Chennai’s infrastructure.

The Marina Mall Residential project is particularly distinctive, as it integrates an upscale mall, a luxurious hotel, and a stunning sea-facing residential tower. This unique combination offers residents an unparalleled lifestyle experience, combining leisure, shopping, and accommodation all in one location.

Mr. Ranjeeth Rathod, Managing Director of DRA Homes, expressed his enthusiasm about the project, stating, “We are incredibly excited to lead the residential development at Marina Mall. This project not only embodies our commitment to excellence and innovation in real estate but also serves as a catalyst for transforming the residential landscape of Chennai. By enabling retail HNIs to invest through YuBi, we are opening doors to a new wave of opportunities, fostering community growth and enhancing the lifestyle of residents in this thriving city.”

The Marina Mall Residential project is set to redefine urban living in Chennai, providing residents with access to a dynamic blend of retail, hospitality, and residential amenities. As the city continues to grow, DRA Homes is dedicated to contributing to its vibrant future through innovative projects that elevate living standards.

Corporate Comm India (CCI Newswire)