DRA Homes partners with Yubi to establish ₹250 crore Secured Debt Platform for residential land acquisition

Chennai headquartered real estate player DRA Homes has entered into a strategic ₹250 crore secured debt platform with Yubi, an AI-powered Operating System for financial services, to strengthen its land acquisition inventory across high-growth residential micro-markets.

The platform will be structured as secured Non-Convertible Debentures (NCDs), with proceeds allocated exclusively to land acquisition. Aspero, an online bond platform provider (OBPP), will enable DRA to access the capital markets and raise funds from an investor base, including Ultra High Net Worth Individuals, High Net Worth Individuals, family offices, and retail investors. Yubi Group will power the structuring, issuance, and distribution of the NCDs through its platform.

Ranjeeth Rathod, Managing Director, DRA Homes said, “Land is the most critical raw material in residential real estate, and disciplined land acquisition is central to long-term value creation. This partnership allows us to institutionalise our land sourcing strategy through secured, non-dilutive capital.”

“This secured NCD platform offers investors clarity, asset-backed protection, and predictable outcomes in a market where risk-adjusted returns are becoming increasingly important,” said Gaurav Kumar, Founder and CEO, Yubi Group.