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

Chennai headquartered existent property subordinate DRA Homes has entered into a strategical ₹250 crore secured indebtedness level with Yubi, an AI-powered Operating System for fiscal services, to fortify its onshore acquisition inventory crossed high-growth residential micro-markets.

The level volition beryllium structured arsenic secured Non-Convertible Debentures (NCDs), with proceeds allocated exclusively to onshore acquisition. Aspero, an online enslaved level supplier (OBPP), volition alteration DRA to entree the superior markets and rise funds from an capitalist base, including Ultra High Net Worth Individuals, High Net Worth Individuals, household offices, and retail investors. Yubi Group volition powerfulness the structuring, issuance, and organisation of the NCDs done its platform.

Ranjeeth Rathod, Managing Director, DRA Homes said, “Land is the astir captious earthy worldly successful residential existent estate, and disciplined onshore acquisition is cardinal to semipermanent worth creation. This concern allows america to institutionalise our onshore sourcing strategy done secured, non-dilutive capital.”

“This secured NCD level offers investors clarity, asset-backed protection, and predictable outcomes successful a marketplace wherever risk-adjusted returns are becoming progressively important,” said Gaurav Kumar, Founder and CEO, Yubi Group.