 "Prachi Pisal")
Prachi Pisal
Prachi Pisal
Prachi Pisal is a correspondent at Business Standard, where she reports on real estate, roads, ports, and the cement sector. Her work examines how policy decisions, corporate strategies, and market forces intersect to shape India’s built environment and core industries. She works across breaking news, earnings coverage, and data-backed trend stories, drawing on interviews with industry leaders and market participants. Prachi has also covered elections, live events, and on-ground developments. She holds a postgraduate diploma in English Journalism from the Indian Institute of Mass Communication, New Delhi, and a bachelor’s degree in science from Shivaji University. Her interests include cricket, politics, and Marathi cinema classics.
Prachi Pisal is a correspondent at Business Standard, where she reports on real estate, roads, ports, and the cement sector. Her work examines how policy decisions, corporate strategies, and market forces intersect to shape India’s built environment and core industries. She works across breaking news, earnings coverage, and data-backed trend stories, drawing on interviews with industry leaders and market participants. Prachi has also covered elections, live events, and on-ground developments. She holds a postgraduate diploma in English Journalism from the Indian Institute of Mass Communication, New Delhi, and a bachelor’s degree in science from Shivaji University. Her interests include cricket, politics, and Marathi cinema classics.
Prachi Pisal
Runwal Enterprises aims to boost balance sheet via ₹500 crore issue
The Mumbai-based developer plans to use IPO proceeds to repay debt, invest in subsidiaries and fund acquisitions as it pursues an asset-light growth strategy
 "Runwal Enterprises aims to boost balance sheet via ₹500 crore issue")
Puravankara eyes ₹5,200 cr in GDV from its maiden Delhi-NCR project
The 13.44-acre parcel has 4.57 million sq ft of saleable potential and an estimated GDV of Rs 5,200 crore, marking the developer's first foray into Delhi-NCR
 "Puravankara eyes ₹5,200 cr in GDV from its maiden Delhi-NCR project")
Festive housing demand to stay healthy, but growth likely to moderate
Developers are becoming more calibrated in their launch strategies, while homebuyers are showing greater scrutiny around prices, payment terms and product quality
Cement GST cut supports demand, spurs shift towards premium products
The GST cut improved cement affordability and encouraged a shift towards premium products, though analysts say its direct impact on overall demand volumes remained limited
 "Cement GST cut supports demand, spurs shift towards premium products")
L&T looks to scale up modularisation to boost project execution
EPC major sees a $100-150 billion modularisation opportunity over five years as skilled labour shortages, high costs and remote locations pose execution challenges
 "L&T looks to scale up modularisation to boost project execution")
India enters top 30 transparent real estate mkts, ranks 26th globally: JLL
India ranked as Asia-Pacific's top improver in GRETI 2026, helped by stronger regulation, digitised land records, deeper Reit markets and rising sustainability disclosures
 "India enters top 30 transparent real estate mkts, ranks 26th globally: JLL")
Puravankara secures ₹2,600 cr redevelopment rights in Mumbai's Goregaon
Spread across 4.68 acres in Goregaon West, the project has a developable potential of about 1.05 million sq ft and marks Puravankara's eighth Mumbai redevelopment.
 "Puravankara secures ₹2,600 cr redevelopment rights in Mumbai's Goregaon")
Hiranandani-backed Greenbase to invest ₹3,500 cr in logistics space
Greenbase plans to develop 9 million sq ft of industrial, warehousing and logistics infrastructure over five years, with 5 million sq ft planned in Tamil Nadu
 "Hiranandani-backed Greenbase to invest ₹3,500 cr in logistics space")
Blue Dart appoints RS Subramanian as MD to succeed Balfour Manuel
Subramanian will take charge on November 30, subject to approvals, while outgoing managing director Balfour Manuel will remain with the company as senior strategic adviser until May 2027
 "Blue Dart appoints RS Subramanian as MD to succeed Balfour Manuel")
Cement capacity additions raise near-term concerns of supply overhang
Cement capacity additions are expected to outpace demand growth in FY27 and FY28, potentially lowering utilisation and putting pressure on prices in some regions
 "Cement capacity additions raise near-term concerns of supply overhang")
Embassy Developments plans ₹2,000 cr investment in North Bengaluru homes
The first phase of the 85-acre Embassy Origins development comprises two Rera-approved residential projects with a combined gross development value of Rs 4,500 crore.
 "Embassy Developments plans ₹2,000 cr investment in North Bengaluru homes")
Propstack, CBRE partner to strengthen data-led real estate services
The phased integration, starting this month, will support CBRE teams across investment advisory, occupier advisory, market intelligence and client reporting
Barrier-less tolling expected to boost collection by ₹10,000 cr: Gadkari
Barrier-less tolling could add ₹10,000 crore to highway collections, while MLFF is targeted for 60-70% of toll plazas by December and nationwide rollout by March 2027
 "Barrier-less tolling expected to boost collection by ₹10,000 cr: Gadkari")
Birla Estates readies for bigger build, plans to add up to ₹15K cr GDV
Developer to add projects across Pune, MMR, Bengaluru, and NCR; ₹9,600 crore launches planned for H2
 "Birla Estates readies for bigger build, plans to add up to ₹15K cr GDV")
Capital Group fund buys 1.95% stake in Sri Lotus Developers for ₹190 cr
Smallcap World Fund acquired the stake through an open-market transaction as promoter Anand Kamalnayan Pandit sold 2% to meet minimum public shareholding norms
 "Capital Group fund buys 1.95% stake in Sri Lotus Developers for ₹190 cr")
Hiranandani enters Goa realty market with ₹450-crore partnerships
Under its Eleva model, Hiranandani Communities will provide project management consultancy services for two residential projects spread across five acres in Goa
 "Hiranandani enters Goa realty market with ₹450-crore partnerships")
Nexus Select Trust to acquire Guwahati mall, hotel for ₹1,600 crore
The ₹1,600 crore deal for the upcoming Galaxy Complex, comprising a mall and Hyatt Regency hotel, marks Nexus Select Trust's entry into Northeast India
 "Nexus Select Trust to acquire Guwahati mall, hotel for ₹1,600 crore")
APSEZ secures bid to develop, operate two dry bulk berths at Paradip
The 30-year PPP concession will add 18 MMT of capacity to APSEZ's portfolio and strengthen its presence across India's East Coast industrial and mineral hinterland
 "APSEZ secures bid to develop, operate two dry bulk berths at Paradip")
India land deals surge to 18,158 acres in five years: Cushman & Wakefield
Annual transacted acreage rose from 813 acres in 2021 to 6,181 acres in 2025, while tier-II cities increased their share of annual transactions to 34 per cent
 "India land deals surge to 18,158 acres in five years: Cushman & Wakefield")
Accenture leases 272,000 sq ft office space in Thane for ₹269 crore
The technology and consulting major will occupy three contiguous floors at Centaurus in Hiranandani Estate, with capacity for around 2,500-3,000 employees
 "Accenture leases 272,000 sq ft office space in Thane for ₹269 crore")