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.
Page 11 - Prachi Pisal
CapitaLand India Trust unlocks ₹1,103 cr via divestment of IT park assets
CapitaLand India Trust will divest CyberVale in Chennai and CyberPearl in Hyderabad for Rs 1,103 crore at a 3% premium to valuation, its first exit since 2007 listing
 "CapitaLand India Trust unlocks ₹1,103 cr via divestment of IT park assets")
Housing sales in top 7 cities fall 9% to 97,080 units in Q3 2025: Report
Housing sales across India's top seven cities fell 9% YoY in Q3 2025, but sales value rose 14% to Rs 1.52 trillion as luxury housing drove new launches and demand
 "Housing sales in top 7 cities fall 9% to 97,080 units in Q3 2025: Report")
Investcorp sells 6.8% stake in NDR InvIT via ₹305 crore block trade
Investcorp has divested a 6.8 per cent stake in NDR InvIT through a Rs 305 crore block deal, the largest secondary stake sale in the warehousing InvIT sector
 "Investcorp sells 6.8% stake in NDR InvIT via ₹305 crore block trade")
Blackstone to invest nearly ₹5,000 crore to develop data centre in MMR
Blackstone to invest ₹5,000 crore in 60 MW data centre in Chandivali; India DC sector set for exponential growth with AI, cloud, and 5G demand
 "Blackstone to invest nearly ₹5,000 crore to develop data centre in MMR")
Cement sector operating profit to rise 12-18% in FY26, says Icra
Icra expects cement companies' FY26 operating profit to reach Rs 900-950 per tonne, with healthy demand, better realisations and GST cuts driving growth despite global crude risks
 "Cement sector operating profit to rise 12-18% in FY26, says Icra")
Zomato Hyperpure leases 2.5 lakh sq ft of warehousing space in Bhiwandi
Zomato Hyperpure is a business-to-business (B2B) platform providing kitchen solutions, set up by the restaurant aggregator Zomato
 "Zomato Hyperpure leases 2.5 lakh sq ft of warehousing space in Bhiwandi")
Arnya Real Estate Fund, Supreme Universal to launch ₹1K cr equity platform
The fund will particularly focus on redevelopment projects, with Supreme being an execution partner
 "Arnya Real Estate Fund, Supreme Universal to launch ₹1K cr equity platform")
Warehousing companies torn between rising demand and flat rentals
Despite strong demand from e-commerce and 3PLs, rising land and construction costs are squeezing margins, pushing developers to seek private equity, Reits, and InvITs
 "Warehousing companies torn between rising demand and flat rentals")
CBI chargesheet on Anil Ambani has no business impact: R-Infra and R-Power
Reliance Infrastructure and Reliance Power said CBI's chargesheet against Anil Ambani in connection with alleged loan fraud has no effect on their governance, stability, or daily operations
 "CBI chargesheet on Anil Ambani has no business impact: R-Infra and R-Power")
BNP Paribas leases 1.45 lakh sq ft office space in Thane for ₹95 lakh
BNP Paribas has leased 1.45 lakh sq ft at Hiranandani Centaurus in Thane West for Rs 94.95 lakh monthly rent as BFSI sector demand drives office leasing growth in India
 "BNP Paribas leases 1.45 lakh sq ft office space in Thane for ₹95 lakh")
FIR filed against ex-Lodha Developers director over land irregularities
Mumbai Police has filed an FIR against former Lodha Developers director Rajendra Lodha, his son Sahil Lodha and others over alleged land deal irregularities causing Rs 85 crore loss
 "FIR filed against ex-Lodha Developers director over land irregularities")
House of Abhinandan Lodha eyes ₹10,000 cr sales by FY30: Company chief
No other real estate asset classes can give the return that land gives if one buys it in the right location and from the right developer, says Lodha
 "House of Abhinandan Lodha eyes ₹10,000 cr sales by FY30: Company chief")
NHAI may raise up to ₹35K cr-40K cr in FY26 via TOT, Invit: Icra
Icra projects NHAI could raise Rs 35,000-40,000 crore in FY26 via TOT and InvIT asset monetisation, exceeding the Rs 30,000 crore target and adding to its Rs 92,633 crore raised till FY25
 "NHAI may raise up to ₹35K cr-40K cr in FY26 via TOT, Invit: Icra")
JSW Group spreads wings across energy, cement, ports, paints and EVs
The journey from 1.6 mt of steel capacity in 2002 to 35.7 mt (including 1.5 mt in the US) has been driven by a mix of acquisitions and organic growth
 "JSW Group spreads wings across energy, cement, ports, paints and EVs")
India's luxury housing boom fuels demand for premium home products
Premium brands across kitchenware, bath fittings, tiles, furniture, and interiors are experiencing a surge in demand as affluent buyers increasingly splurge on upscale residences
 "India's luxury housing boom fuels demand for premium home products")
Mahindra Lifespaces to redevelop Chembur societies worth ₹1,700 crore
Mahindra Lifespaces to redevelop two housing societies in Chembur with Rs 1,700 crore potential, strengthening its Mumbai redevelopment pipeline
 "Mahindra Lifespaces to redevelop Chembur societies worth ₹1,700 crore")
Indian real estate sector expects wave of reforms after SC judgment
2-judge Bench issued a wide-ranging set of 12 binding directions, including framing of specific guidelines for insolvency proceedings in real estate
 "Indian real estate sector expects wave of reforms after SC judgment")
Equity tag for Reits likely to boost new launches, deepen market
New Sebi rule boosts Reits with equity status, promising deeper liquidity, index inclusion, and broader investor participation
 "Equity tag for Reits likely to boost new launches, deepen market")
Sebi move to classify Reits as equity draws strong industry support
Sebi's equity classification for Reits and expanded definition of strategic investor expected to deepen the market, boost liquidity, and widen participation
 "Sebi move to classify Reits as equity draws strong industry support")
HC ruling on JDAs to ease costs, boost project viability, say developers
Legal experts caution of challenge in SC, also clarity would be needed for settling ITC
 "HC ruling on JDAs to ease costs, boost project viability, say developers")