Chennai-headquartered real estate developer DRA Homes has entered into a strategic secured debt platform worth Rs 2.5 billion with Yubi, an AI-powered operating system for financial services, to strengthen its land acquisition pipeline across high-growth residential micro-markets.

The platform will be structured through secured non-convertible debentures, with the proceeds earmarked exclusively for land acquisition. Aspero, an online bond platform provider, will enable DRA Homes to access capital markets and raise funds from a broad investor base, including ultra high net worth individuals, high net worth individuals, family offices and retail investors. The Yubi Group will support the structuring, issuance and distribution of the NCDs through its digital platform.

Ranjeeth Rathod, Managing Director of DRA Homes, said land remains the most critical input in residential real estate and that disciplined land acquisition is central to long-term value creation. He added that the partnership would help institutionalise the company’s land sourcing strategy through secured, non-dilutive capital.

Gaurav Kumar, Founder and Chief Executive Officer of Yubi Group, said the secured NCD platform offers investors greater transparency, asset-backed protection and predictable outcomes at a time when risk-adjusted returns are becoming increasingly important.