DRA Homes, one of the fastest growing real estate developers in India, has entered into a strategic ₹250 crore secured debt platform with Yubi, the world’s only 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, a leading regulated online bond platform provider (OBPP), will enable DRA to access the capital markets and raise funds from a broad investor base, including UHNIs, HNIs, family offices, and retail investors, through a regulated, transparent, and scalable framework.
Yubi Group will power the structuring, issuance, and distribution of the NCDs through its integrated capital markets technology platform and deep, multi-channel investor distribution network. Leveraging proprietary issuance workflows, compliance rails, and real-time investor access, the partnership enables faster execution, higher certainty of placement, and scalable capital access for DRA.
For investors, this creates seamless access to asset-backed, yield-oriented credit opportunities, while allowing DRA to diversify funding sources and scale lending operations efficiently through a technology-led, transparent, and regulated framework.
The partnership reflects a growing shift in residential real estate financing, as organised developers increasingly adopt non-dilutive, secured capital instruments to fund growth, while private investors seek structured exposure with defined downside protection and predictable risk-adjusted returns.
Commenting on the partnership, 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 while maintaining balance-sheet discipline. More importantly, it creates a repeatable and transparent pathway for private capital to participate in well-governed residential development.”
Adding to this, Gaurav Kumar, Founder and CEO, Yubi Group said, “DRA Homes stands out for its execution capability, governance standards, and capital discipline. Our role is to connect credible developers with long-term capital via deepening Capital markets in India. This secured NCD platform offers investors clarity, asset-backed protection, and predictable outcomes in a market where risk-adjusted returns are becoming increasingly important.” For DRA Homes, the platform enhances capital readiness at the land acquisition stage, improves pipeline visibility, and supports a calibrated growth strategy without equity dilution. For investors, it provides access to professionally managed residential real estate credit, backed by security and structured through a market-linked issuance process.The partnership also underscores a broader recalibration in real estate financing, as developers move away from opaque or informal funding sources and adopt capital market–aligned structures that emphasise transparency, governance, and long-term sustainability.
