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
Oberoi Realty tops bid for Railway land in Mumbai's Bandra for ₹5,400 cr
Mumbai-based Oberoi Realty has emerged as the highest bidder for an 11-acre Railway land parcel in Bandra East for ₹5,400 crore, securing development rights on a 99-year lease
 "Oberoi Realty tops bid for Railway land in Mumbai's Bandra for ₹5,400 cr")
Rustomjee Q3FY26 results: Profit falls 78% on sharp revenue decline
Lower revenues in the December quarter dragged Keystone Realtors' profit sharply lower, even as nine-month pre-sales growth remained strong
 "Rustomjee Q3FY26 results: Profit falls 78% on sharp revenue decline")
Adani Ports Q3 results: Profit grows 21% to ₹3,053 cr on higher revenue
Adani Ports' Q3 FY26 net profit rose to Rs 3,053 crore as revenue climbed 22% year-on-year, driven by higher cargo volumes across domestic and international ports
 "Adani Ports Q3 results: Profit grows 21% to ₹3,053 cr on higher revenue")
Godrej Properties sells plots worth over ₹1,000 cr at project in Panipat
Godrej Properties said it has sold over 600 plots worth more than ₹1,000 crore at its Evora Estate project in Panipat, marking its most successful plotted development launch by value
 "Godrej Properties sells plots worth over ₹1,000 cr at project in Panipat")
Budget 2026 announcements expected to give indirect boost to realty sector
Industry executives say the Budget's focus on data centres, city economic regions and infrastructure funding for tier 2 and 3 cities could spur demand across industrial, warehousing, office and reside
 "Budget 2026 announcements expected to give indirect boost to realty sector")
Godrej Properties sells homes worth ₹2K cr in Phase-I of Worli project
Planned across 2.63 acres, the project offers three-bedroom and four-bedroom residences with three apartments per floor
Nexus Select Trust's Q3FY26 net operating income rises 15% to ₹450 cr
The Mumbai-based real estate investment trust (Reit) reported a leased occupancy of 97 per cent across its assets for Q3 FY26
 "Nexus Select Trust's Q3FY26 net operating income rises 15% to ₹450 cr")
Mahindra Lifespace Developers posts ₹109 crore in profit for Q3 FY26
Mahindra Lifespace swings to a ₹109 crore profit in Q3 FY26 on residential project completions and strong demand for industrial plots
 "Mahindra Lifespace Developers posts ₹109 crore in profit for Q3 FY26")
Budget proposes to set up dedicated REITs to recycle CPSE realty assets
Experts say the proposal could expand investable real estate supply, deepen markets and provide liquidity
 "Budget proposes to set up dedicated REITs to recycle CPSE realty assets")
Ambuja Cements' Q3 profit declines 90% due to high base, one-offs
Ambuja Cements' reported Q3 profit plunged due to one-time income and tax credit in the year-ago quarter, even as normalised profit and volumes rose sharply
 "Ambuja Cements' Q3 profit declines 90% due to high base, one-offs")
Godrej Properties acquires 8.5-acre Pune land, eyes ₹2,000 cr revenue
The real estate developer plans group housing on the land parcel in the Mahalunge-Hinjewadi micro-market, with a developable potential of about 2.1 million sq ft
 "Godrej Properties acquires 8.5-acre Pune land, eyes ₹2,000 cr revenue")
Apple to open second Mumbai store soon as it expands India retail
India to get its sixth Apple Store as the iPhone maker accelerates retail expansion, with a second Mumbai outlet planned in the coming months
 "Apple to open second Mumbai store soon as it expands India retail")
Global cities compete, Indian cities comply: Survey flags siloed governance
Calls for integrated city planning, land-use reforms, and disincentives on private vehicle use
 "Global cities compete, Indian cities comply: Survey flags siloed governance")
Eco Survey flags restrictive land-use norms as key drag on realty supply
Restrictive land-use rules and low FSI caps are choking housing supply, turning land into dead capital and worsening affordability, the Economic Survey 2025-26 warns
 "Eco Survey flags restrictive land-use norms as key drag on realty supply")
Peninsula Land banks on plotted development for next phase of growth
Peninsula Land launches Peninsula Estates to tap rising demand for plotted developments, with new projects planned in Karjat and Alibaug near Mumbai
 "Peninsula Land banks on plotted development for next phase of growth")
Q3FY26 results: Labour code costs weigh on L&T's earnings growth
L&T Q3 profit dips 4% YoY due to Rs 1,191-cr Labour Codes provision; recurring PAT up 31% amid record order inflows and 10% revenue growth
 "Q3FY26 results: Labour code costs weigh on L&T's earnings growth")
ACC Q3FY26 results: Net profit plunges 63% to ₹404 cr, revenue up 8.56%
Excluding one-offs of last year, normalised PAT is up 347%
 "ACC Q3FY26 results: Net profit plunges 63% to ₹404 cr, revenue up 8.56%")
Resale housing becomes core buying channel amid affordability crunch
Resale homes are turning into a core buying channel as rising prices and premiumisation of new launches squeeze affordability across major cities
 "Resale housing becomes core buying channel amid affordability crunch")
UltraTech Cement's Q3FY26 profit grows 27% Y-o-Y, beats analyst estimates
The company's operating earnings between interest, tax, depreciation, and amortisatio, or Ebitda, per metric tonne improved to ₹1,051, up ₹140 Y-o-Y
 "UltraTech Cement's Q3FY26 profit grows 27% Y-o-Y, beats analyst estimates")
MMRDA signs MoUs worth ₹9 trillion on day two of WEF 2026
MMRDA signed MoUs worth ₹9.52 trillion on day two of WEF 2026, taking total commitments to ₹18.25 trillion and reinforcing global investor confidence in MMR
 "MMRDA signs MoUs worth ₹9 trillion on day two of WEF 2026")