 "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
NDR InvIT plans ₹750 crore issue to fund warehousing acquisitions
The proposed offer includes a ₹450 crore fresh issue and ₹300 crore OFS, with most fresh proceeds earmarked for acquiring two warehousing assets
 "NDR InvIT plans ₹750 crore issue to fund warehousing acquisitions")
Top 11 developers target ₹1.8 trillion in pre-sales for FY27: Report
Anarock expects combined bookings to rise 22.3 per cent year-on-year, supported by steady demand, new launches and higher average selling prices
 "Top 11 developers target ₹1.8 trillion in pre-sales for FY27: Report")
Table Space files DRHP with Sebi for ₹800 crore fresh issue, OFS
The managed workspace provider's IPO will also include an OFS of up to 65.48 million shares, with proceeds earmarked for debt repayment, acquisitions and corporate purposes
Green debt share in Reit borrowings doubles to 12% in four years: Icra
Outstanding green borrowings rose nearly sevenfold to ₹8,400 crore by March 2026, while Icra expects their share in total Reit debt to reach 15-17 per cent
 "Green debt share in Reit borrowings doubles to 12% in four years: Icra")
FMCG to automobiles: India Inc counting the cost of West Asia conflict
While several firms have responded with calibrated price increases to protect margins, many signalled that further price escalations could follow
 "FMCG to automobiles: India Inc counting the cost of West Asia conflict")
Brookfield India Reit, NCW fund to buy Mumbai office space for ₹1,700 cr
Brookfield India Reit and Prime Offices Fund will acquire 264,000 sq ft of Grade-A office space in Mumbai's Bandra-Kurla Complex in an equal partnership
 "Brookfield India Reit, NCW fund to buy Mumbai office space for ₹1,700 cr")
DBS Bank India sanctions ₹520 crore construction finance to K Raheja Corp
The facility will finance a 1.1 million sq ft Grade A commercial tower in Pune's Balewadi, amid strong office leasing demand and growth in the city's business districts
 "DBS Bank India sanctions ₹520 crore construction finance to K Raheja Corp")
Mahindra Group steps up focus on real estate, hospitality for growth
The group stated that over the last five years, it has seen significant momentum across all its businesses, with its 'growth gems' being an important pillar of this growth
 "Mahindra Group steps up focus on real estate, hospitality for growth")
Cement firms post healthy Q1 volume growth, but costs pressure margins
Leading cement makers recorded 7-8 per cent volume growth in Q1FY27, but higher fuel, packaging and other input costs offset price gains and weighed on profitability
 "Cement firms post healthy Q1 volume growth, but costs pressure margins")
Raymond Realty's Q1FY27 net profit falls 18.6% as expenses climb 40.5%
Revenue from operations rose 38.4 per cent to Rs 526.67 crore and Ebitda increased 70 per cent, but total expenses climbed 40.5 per cent during the June quarter
Kirloskar Brothers bets on data centres, thermal power to drive growth
As of June 2026, KBL's domestic industrial order book stood at over ₹2,300 crore, while the international industrial order book was around ₹1,500 crore
 "Kirloskar Brothers bets on data centres, thermal power to drive growth")
Real estate, cruise set to drive Mumbai Port's future revenue growth
Mumbai Port Authority plans to widen its revenue base through estate monetisation, cruise tourism, marina facilities, logistics infrastructure and PPP-led development
 "Real estate, cruise set to drive Mumbai Port's future revenue growth")
Data centre sector gets policy boost as LS clears taxation amendment Bill
The Bill recognises leased data centres under the tax framework and removes notification requirements, with experts expecting faster investment and lower set-up costs
 "Data centre sector gets policy boost as LS clears taxation amendment Bill")
Property Share files for ₹484 crore IPO of its fourth SM REIT scheme
Property Share Investment Trust has filed draft papers for its fourth SM REIT scheme, PropShare Lumina, aiming to raise up to ₹484.68 crore through a fully leased Grade A+ office asset in Noida
 "Property Share files for ₹484 crore IPO of its fourth SM REIT scheme")
JLL Business Services opens 1.2 lakh sq ft GCC in Hyderabad, eyes expansion
JLL Business Services has launched a 120,000 sq ft global capability centre in Hyderabad's Financial District, with plans to expand the workforce to 1,600 over two years
 "JLL Business Services opens 1.2 lakh sq ft GCC in Hyderabad, eyes expansion")
Nexus Select Trust eyes two eastern India mall deals in 60-90 days
The Blackstone-backed Reit plans two to three acquisitions annually and aims to add Rs 125-150 crore of stabilised net operating income through inorganic growth
 "Nexus Select Trust eyes two eastern India mall deals in 60-90 days")
Kolte-Patil Developers announces 6 MMR projects worth ₹6,000 crore GDV
The Blackstone-backed developer plans to launch the projects across Mumbai and Navi Mumbai over the next six to 12 months, subject to regulatory approvals
 "Kolte-Patil Developers announces 6 MMR projects worth ₹6,000 crore GDV")
Mindspace Reit Q1 results: Net operating income rises 28% to ₹788 crore
Higher rental income, acquisitions and sustained occupancy helped the K Raheja Corp-backed Reit report strong growth in the June quarter
 "Mindspace Reit Q1 results: Net operating income rises 28% to ₹788 crore")
Realty firms welcome repo rate pause, see support for housing demand
Developers said stable borrowing costs would support buyer confidence and project execution, though Anarock cautioned that the pause may not revive mass-market housing
 "Realty firms welcome repo rate pause, see support for housing demand")
Reit, Invit investors to regain dividend tax break; SPV surcharge will rise
The government proposes restoring tax-free REIT and InvIT dividends while raising the surcharge on SPVs to keep the changes revenue-neutral
 "Reit, Invit investors to regain dividend tax break; SPV surcharge will rise")