Archive · 7 Jan 2026
DRA Homes and Yubi Partner for ₹250 Crore Debt Platform
DRA Homes, a real estate company in Chennai, has teamed up with Yubi to create a special way to borrow money.
They will use this money, which is ₹250 crore, to buy land for building homes.
The money will come from rich investors and regular people through a safe and clear process.
A company called Aspero will help manage this process.
DRA Homes says this will help them buy land more easily and keep their finances healthy.
Yubi's CEO says this is a good way for investors to get safe returns.
The money will be used to buy land in areas where many people want to live.
DRA Homes partners with Yubi to create a ₹250 crore secured debt platform for land acquisition.
The platform will issue secured Non-Convertible Debentures (NCDs) exclusively for land acquisition.
Aspero will enable access to capital markets for a broad investor base, including UHNIs, HNIs, family offices, and retail investors.
Yubi will handle the structuring, issuance, and distribution of the NCDs through its technology platform and investor network.
The partnership aims to institutionalize land sourcing strategy and provide a transparent pathway for private capital in residential development.
- Who
- DRA Homes and Yubi
- What
- Partnership to establish a ₹250 crore secured debt platform for land acquisition
- When
- January 7, 2026
- Where
- Chennai, India
- Why
- To strengthen land acquisition inventory in high-growth residential micro-markets
- Company 1
- DRA Homes
- Company 2
- Yubi
- Platform
- Secured Non-Convertible Debentures (NCDs)
- Funding Amount
- ₹250 crore
- Purpose
- Land acquisition
- Investor Types
- UHNIs, HNIs, family offices, retail investors
- Platform Provider
- Aspero
- Date
- January 7, 2026