 "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
Embassy Reit bets on acquisitions for growth, says CEO Amit Shetty
Embassy REIT eyes acquisitions, redevelopment, and GCC-led demand to drive growth, betting on strong leasing momentum and rental upside
 "Embassy Reit bets on acquisitions for growth, says CEO Amit Shetty")
ACC Q4 net profit plunges 68% on rising costs; revenue, volumes grow
Cement major sees sharp profit decline as fuel, packaging and currency pressures weigh on margins despite record volumes and steady revenue growth
 "ACC Q4 net profit plunges 68% on rising costs; revenue, volumes grow")
Adani Ports Q4 net profit rises 10% on strong revenue, cargo growth
Strong growth across domestic and international ports, logistics, and marine businesses drives profit rise, while cargo volumes and revenues beat estimates
 "Adani Ports Q4 net profit rises 10% on strong revenue, cargo growth")
Mumbai property registrations rise 6% in April 2026, best in 14 years
This was the best-ever April for the city in the past 14 years, signalling continued end-user demand
 "Mumbai property registrations rise 6% in April 2026, best in 14 years")
Bagmane REIT eyes growth via GCC demand, ROFO pipeline, low leverage
Blackstone-backed REIT targets sustained NOI growth and distributions, supported by a strong ROFO pipeline, low leverage, and continued demand from GCC tenants
 "Bagmane REIT eyes growth via GCC demand, ROFO pipeline, low leverage")
Mindspace Reit Q4 NOI rises 37% on strong leasing, occupancy gains
Mindspace Reit reported a 37 per cent rise in Q4 FY26 NOI, supported by higher leasing, improved occupancy, and rental escalations across its office portfolio
 "Mindspace Reit Q4 NOI rises 37% on strong leasing, occupancy gains")
Mahindra Lifespace Developers' Q4 PAT grows 6%, revenues rise multifold
Realty firm reports sharp revenue surge and steady profit growth in Q4, driven by strong residential sales and industrial cluster performance
 "Mahindra Lifespace Developers' Q4 PAT grows 6%, revenues rise multifold")
L&T Realty expands development portfolio with NCR land acquisition
Acquisition of ₹1,123 crore adds Gurugram to co portfolio amid expansion
 "L&T Realty expands development portfolio with NCR land acquisition")
UltraTech's Q4 PAT hits 24-qtr high of ₹2,983 cr on higher volumes
UltraTech Cement posts strong Q4 profit on volume growth, but rising input costs from West Asia tensions remain a near-term margin headwind
 "UltraTech's Q4 PAT hits 24-qtr high of ₹2,983 cr on higher volumes")
Lodha Developers plans to develop 1 Gw data centre power shell in MMR
Realty major Lodha plans to build 1 GW data centre capacity in MMR, investing up to Rs 11,000 crore as it expands its annuity-driven digital infrastructure business
 "Lodha Developers plans to develop 1 Gw data centre power shell in MMR")
West Asia crisis: Affordable housing may lose more ground amid rising costs
Rising input costs amid West Asia tensions may shrink affordable housing supply, as thin margins deter developers despite strong demand in urban India
 "West Asia crisis: Affordable housing may lose more ground amid rising costs")
Realty developers roll out flexible payment plans amid slow sales
Developers are offering flexible payment plans like 10:90 schemes and deferred payments to boost home sales while keeping property prices unchanged amid affordability concerns
 "Realty developers roll out flexible payment plans amid slow sales")
Lodha's Q4 FY26 net profit grows 9.35% on higher revenue, pre-sales
In FY26, the company's revenue grew by 21.02 per cent to Rs 16,676.2 crore, while its profit increased by 24.01 per cent to Rs 3,428.2 crore, driven by pre-sales
 "Lodha's Q4 FY26 net profit grows 9.35% on higher revenue, pre-sales")
India's Q1CY26 real-estate deal value declines 36% to $763 million
Deal volumes rise 14 per cent year-on-year to 32 in Q1 2026, while values fall 36 per cent amid absence of large-ticket transactions and shift toward smaller deals
Birla Estates reports FY26 bookings of ₹8,136 crore, up nearly 1.7%
Birla Estates reported FY26 bookings of Rs 8,136 crore, up 1.7 per cent YoY, supported by strong demand in NCR and Bengaluru and a focus on premium residential developments
 "Birla Estates reports FY26 bookings of ₹8,136 crore, up nearly 1.7%")
India's billionaire population to grow by 51% to 313 by 2031: Knight Frank
India's billionaire count is set to jump 51% by 2031, outpacing China and the US, as rapid wealth creation and strong real estate demand reshape the country's economic landscape
 "India's billionaire population to grow by 51% to 313 by 2031: Knight Frank")
ASK-Hurun India Successors 50 list: Next-gen leaders drive 6.7x mcap jump
Vikash Lohia of Jupiter Wagons tops the 2026 Hurun Successors 50 list, as successor-led firms add Rs 26.3 trillion in value and outpace broader market indices
 "ASK-Hurun India Successors 50 list: Next-gen leaders drive 6.7x mcap jump")
GIG to invest up to ₹7,000 crore in unlisted businesses over 5 years
Godrej Industries Group plans to invest Rs 5,000-7,000 crore in unlisted businesses over five years as it targets higher growth and a larger market capitalisation by 2031
 "GIG to invest up to ₹7,000 crore in unlisted businesses over 5 years")
360 ONE Asset acquires 13% stake in Bengaluru office asset for ₹1,125 cr
360 ONE Asset has acquired a 13 per cent stake in Brookfield's Ecoworld office campus in Bengaluru for Rs 1,125 crore, marking a private entry into a yield-generating asset
 "360 ONE Asset acquires 13% stake in Bengaluru office asset for ₹1,125 cr")
Inflows into Indian realty jump 72% to $5.1 billion in Q1 2026: CBRE
The investment momentum was mainly led by substantial inflows into built-up office assets and continued activity in land/development site acquisitions
 "Inflows into Indian realty jump 72% to $5.1 billion in Q1 2026: CBRE")