Business EconomyPosted at: Nov 13 2025 2:58PM


DRA Homes to print villa, offers ESOP to employees

Chennai, Nov 13 (UNI) City based real estate player DRA Homes plans to `print’ a villa with additive or 3D printing technology as an experiment at its upcoming 118 villa project near here, a top company official said.
DRA Homes which is the first unlisted real estate company to offer employee stock ownership plan (ESOP) to its employees, is also using form work like large players to reduce construction time, he added.
Speaking to the media here today Ranjeeth Rathod, Managing Director said the company is promoting a 118 villa project near here and one of the villas will be built using 3D printing technology.
3D printing or additive manufacturing involves building objects layer by layer unlike traditional subtractive manufacturing. The technology allows for faster production with less material waste and has applications across industries such as nuclear, aerospace, healthcare and construction.
Focused on the Chennai city and the upper middle class market DRA Homes is now looking at Pune as its second destination.
Rathod said the idea is to enter another city and then based on the balance sheet size venture into other markets.
Currently the company is executing 16 projects in Chennai and has a land inventory valued at about Rs.2,700 crore.
Queried about initial public offer (IPO) plans with the company offering ESOP to all its employees – Managing Director to the driver and who have served the company for a year-Rathod said the IPO may happen later.
He said the ESOP is part of the company’s employee reward programme which also includes cash incentive and annual foreign trips.
Rathod said five percent of the company stock will be given as the ESOP which is worth about Rs.125 crore as the enterprise is valued at Rs.2,500 crore.
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