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Chennai DRA Downtown - office-space for buy-new in Egmore, Chennai - main view
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Type

office-space

Floor

null

For buy-new RERA Terra Verified

Chennai DRA Downtown

Chennai DRA Downtown, Near Ethiraj College, P.V Cheriyan Road, Egmore, Chennai 600008 - 600008

₹5.90 Cr
Area
4900 sq.ft
Floor
null
Status
under-construction
Type
office space

About this property

DRA Downtown in Egmore is a premium commercial development that redefines the standards of business infrastructure in Chennai. Strategically located in the city’s bustling heart, the project provides seamless access to major business districts, transport hubs, and essential urban conveniences. Its prime location not only enhances connectivity but also ensures high visibility, making it a sought-after address for enterprises aiming to strengthen their market presence. The project features meticulously designed office spaces that combine smart planning with modern architecture to foster productivity and efficiency. Each unit is thoughtfully crafted with flexible layouts, advanced technology provisions, and top-grade finishes to meet the dynamic needs of contemporary businesses. Aesthetics and functionality go hand in hand, creating a professional environment that inspires innovation and growth. DRA Downtown delivers a holistic business ecosystem enriched with a host of amenities. From ample parking facilities and round-the-clock security to eco-friendly design elements and high-speed connectivity, the project offers everything required for a seamless corporate experience. With its unmatched location, superior infrastructure, and thoughtfully designed spaces, DRA Downtown stands as an ideal choice for businesses looking to thrive in Chennai’s competitive commercial landscape.

Property Details

Basic Information

Property ID
#376
Property Type
office space
Listing Type
buy-new
Construction Status
under-construction
Possession Date
30 September 2032

Configuration

Floor
null

Area & Dimensions

Built-up Area
4900 sq.ft

Legal & Compliance

RERA Number
TN/29/Building/0562/2024
RERA Approved
Yes

Investment Calculator

Estimate your returns

5 Years
1 Yr15 Yrs
Future Value
₹7.90 Cr
+₹2.00 Cr
Rental Yield
3.0%
₹1.48 Lac/mo
Rent (5Y)
₹97.80 Lac
₹1.79 Lac/mo Yr 5
Total ROI
50.4%
~8.5%/yr
Investment Summary5 Year Projection
Initial Investment₹5.90 Cr
+ Capital Appreciation₹2.00 Cr
+ Rental Income₹97.80 Lac
Total Returns₹2.97 Cr

Projections based on 6% annual appreciation and 5% rent increase. Actual returns may vary based on market conditions.

Floor Plan

Floor Plan 1 - Chennai DRA Downtown

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Legal Clarity

Approvals & Documentation Status

Legal Compliance Score
100%
6 of 6 approvals in place
RERA Registration
Gujarat Real Estate Regulatory Authority
Verified
RERA Number
TN/29/Building/0562/2024Verify on GujRERA

Approvals & Clearances

RERA Registration
ApprovedDec 2023
Building Plan Approval
ApprovedNov 2023
Environmental Clearance
ApprovedOct 2023
Fire NOC
ApprovedJan 2024
Commencement Certificate
ApprovedDec 2023
Occupancy Certificate
Approved
Developer Information
Developer
Mahendra Homes
Project
Chennai DRA Downtown

Legal information is based on documents provided by the developer. We recommend independent verification before making any purchase decision.

Frequently Asked Questions

Common questions about Chennai DRA Downtown

Yes, Chennai DRA Downtown is RERA approved and registered with Gujarat RERA. You can verify the RERA number on the official GujRERA website for complete transparency and legal compliance.

Locality & Market Insight

Why invest in Egmore?

"Egmore is witnessing transformation with premium infrastructure and seamless connectivity, making Chennai DRA Downtown a high-value asset for both lifestyle and investment."

The real estate market in Chennai has shown consistent growth. Specifically, Egmore is now a preferred destination due to its proximity to commercial hubs and social infrastructure.

Area Highlights

  • High capital appreciation potential
  • Excellent connectivity to major highways
  • Proximity to top schools and hospitals
  • Growing rental demand in the neighborhood

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Down Payment

1.18 Cr

20%

Loan Amount

4.72 Cr

80%

Total Interest

5.11 Cr

52%

4.72 Cr
10%90%
8.5% p.a.
6%15%
20 Years
5 yrs30 yrs
Payment Breakdown
Principal: 4.72 Cr
Interest: 5.11 Cr

Total Amount Payable

9.83 Cr

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SBIHDFCICICIAxis

TerraScore™

Property Rating

83out of 100
Very Good

This property scores well across all parameters. Good investment choice!

Location
18/25
Good connectivity
Builder Trust
15/25
Builder info available
Legal & RERA
25/25
RERA Approved
Amenities
25/25
Premium amenities

TerraScore™ is an indicative rating. Always verify details independently.

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