DRA Polaris (RERA TN/29/Building/0533/2024): price, possession and the verified record
DRA Polaris is a 0.7992-acre, 96-unit project by DRA Homes at Madhavaram, Chennai, registered with TN RERA as TN/29/Building/0533/2024 and listed at On request — contact developer / RERA-registered sales office.
Is DRA Polaris RERA approved?
Yes. It is registered with TN RERA under TN/29/Building/0533/2024, covering 0.7992 acres with 96 residential units and 2 recorded approvals.
- Building plan approvalCEBA/WDCN03/00509/2024 (File CMDA/WDCN00456/2024); valid up to 16-10-2029 · 2024-10-17
- AAI height clearanceCHEN/SOUTH/B/121123/850851 - NOC not required (req. top 59.91m AMSL below permitted 126m) · 2023-12-20
- Environment clearanceNot in the reviewed filing
- Fire scheme approvalNot in the reviewed filing
- Consent to establishNot in the reviewed filing
- Occupancy certificateNot expected until completion
Source: TN RERA registration certificate TN/29/Building/0533/2024.
When is possession at DRA Polaris?
The record gives one declared completion date: Oct 2032. A declared date is what the promoter filed, not proof of delivery.
None of these is an occupancy certificate. A declared completion date is what the promoter filed, not proof of delivery.
Source: the promoter's RERA filing (Form REP-I) and the authority's registered-project index.
What is the price of DRA Polaris?
Publicly listed at On request — contact developer / RERA-registered sales office. No dated, unit-specific price list was sourced against this registration, so treat the band as indicative rather than an offer.
Amenities on record
- 24x7 Security with CCTV
- Power Backup
- High-Speed Passenger Lifts
- Landscaped Gardens
- Swimming Pool
- Gymnasium
- Clubhouse
- Children's Play Area
- Jogging Track
- Indoor Games Room
- Multipurpose Hall
- Ample Visitor Parking
- Rainwater Harvesting
- Fire Safety System
Source: the filed unit schedule. Price band from public listings; not promoter-confirmed.
Who is the developer of DRA Polaris?
The promoter on record is M/S Dra Aadithya South City Projects Pvt Ltd, marketed as DRA Homes, registered at New Door No.109, 111 & 113, Old No.76/1, 77 & 78, Lloyds Road (Avvai Shanmugam Salai), Royapettah, Chennai, Tamil Nadu - 600014. The declared project cost is ₹65.2 Cr.
₹4.1 Cr of the declared cost is not attributed to any named head — that is 6% of the project with no breakdown anywhere in the filing.
See all RERA projects by DRA Homes
The RERA escrow account is ICICI Bank, A/c XXXXXXXX7779, IFSC . Seventy per cent of buyer collections must sit there — payments made outside it are outside the RERA protection.
Source: the authority's promoter disclosure and the filed financial schedule.
Is it safe to buy in DRA Polaris?
The registration itself is sound — identity, scope and phase all check out. 3 things are still open. Resolve that before you pay.
Source: Site Setu agent-reviewed dossier, 2026-07-30. Record-quality assessment, not investment advice.
The verified record behind this page
Every figure above comes from a document filed with TN RERA. This is the audit that produced them — 5 dimensions assessed, every fact carrying its own confidence.
Record review
Agent-reviewed 2026-07-30 · 8 facts checked · 5 dimensions
- RERA registration
- TN/29/Building/0533/2024Form C records registration on 19 November 2024 and file number TNRERA/PBF/0646/2024.
- high
- Legal promoter
- M/S DRA Aadithya South City Projects Pvt LtdThe filing gives this company, with CIN U45201TN2006PTC059929, as promoter; DRA Homes is the brand label.
- high
- Registered land area
- 0.7992 acres (3,431.21 sq m)This is the Madhavaram parcel described in the project filing and plan, not the 0.85-acre marketing figure.
- high
- Registered homes
- 96 apartmentsThe carpet-area statement reconciles 36 two-bedroom, 12 2.5-bedroom and 48 three-bedroom apartments in residential Block 1.
- high
- Area basis
- RERA carpet: 680–1,202 sq ftSaleable ranges of 1,168–1,948 sq ft are separately reported in the record and are not substituted for carpet area.
- high
- Parking filing
- 107 spacesThe reviewed statement records 59 covered, 38 open and 10 visitor spaces, with parking at stilt and first-floor levels rather than a basement.
- high
- Reviewed construction evidence
- Early foundation-stage image, February 2026A filed site photograph indicates cleared/piling-stage work. It is dated evidence and does not establish the condition after that point.
- stale
- Occupancy / completion certificate
- Not established in reviewed materialNo project occupancy or completion certificate was among the reviewed filing documents; this does not establish that one does not exist.
- not-found
▸ How this review was done, and what it excluded
- Authority
- TN RERA
- Registration
- TN/29/Building/0533/2024
- Documents seen
- 18 drawing sets, 12 authority documents
- 3D reconstruction
- Not built
- Not established
- Occupancy certificate, current construction progress, live inventory, dated unit-level offer
Source: TN-RERA Form C and project-file documents, CMDA/GCC approvals, filed plans and Site Setu editorial review
The same filings, as a working project plan
A RERA filing already contains a programme, a cost plan, an approvals register and a drawing register — just locked inside PDFs. This is that filing rendered as a live Site Setu workspace, with nothing added.
Overview
DRA Polaris
Record timeline
- 2 Oct 2032Declared completion / Form C validity dateThis is the date recorded in reviewed Form B and Form C material, not an occupancy or possession finding.
- Oct 2032Marketing possession claimweakest
Project card
- Promoter
- M/S Dra Aadithya South City Projects Pvt Ltd
- Registration
- TN/29/Building/0533/2024
- Authority
- TN RERA
- Towers
- 2
- Units
- 96
- Escrow
- ICICI Bank
This is a read-only view built from the filing. In your own workspace these become live — progress, spend and inventory update as your site team reports them.
Every value read from this project’s own filing. Where the record publishes nothing — construction progress, collections, sold inventory — the workspace shows an empty column rather than an invented number.
Other registered projects nearby
Same corridor, same authority. Compared on what is filed, not on what is advertised.
| Project | Promoter | Price | Possession |
|---|---|---|---|
| DRA Polaris | DRA Homes | On request — contact developer / RERA-registered sales office | 2 Oct 2032 |
| DRA Avalon | DRA Homes | On request — contact developer / RERA-registered sales office | — |
| DRA Astra | DRA Homes | On request | 2027-10 |
| DRA Skylantis | DRA Homes | On request | — |
| DRA Harmony | DRA Homes | On request | — |
| DRA Infinique | DRA Homes | On request | — |