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DRA Group and the Balajadia family have launched a $100 million real estate platform focused on South India, targeting yield-generating office and retail assets in Chennai and Bengaluru. The platform will initially focus on Grade A commercial and retail developments, with a medium-term development target of over 1 million sq ft. The partnership marks a shift for DRA Group into institutional-grade commercial and retail real estate, and a broader trend of Southeast Asian capital turning to Indian real estate.

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