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.
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Knowledge Realty Trust to raise ₹4,800 cr, eyes asset buys post IPO listing
Quaiser Parvez, chief operating officer, KRT, said that the acquisitions will generate more value for unit holders, which will strengthen the Reit's earnings and the portfolio
 "Knowledge Realty Trust to raise ₹4,800 cr, eyes asset buys post IPO listing")
L&T Q1 net profit grows 30% to ₹3,617.2 crore on higher ops revenue
At ₹3,617 crore, firm's profit beats Bloomberg estimate of ₹3,400 crore; consolidated order book stands at ₹6.12 trillion
 "L&T Q1 net profit grows 30% to ₹3,617.2 crore on higher ops revenue")
Kolte-Patil Developers suffers Rs 17 crore loss in Q1 FY26, sales dip
Kolte-Patil Developers reports a Rs 16.99 crore loss in Q1 FY26, with a 75% YoY revenue decline; Blackstone's entry into the company marks a turning point
 "Kolte-Patil Developers suffers Rs 17 crore loss in Q1 FY26, sales dip")
House of Abhinandan Lodha enters hospitality with Miros Goa property
Realty firm HoABL launches Miros Hotels & Resorts with a debut property in Goa, and plans expansion across Alibaug, Matheran, and other premium coastal locations
 "House of Abhinandan Lodha enters hospitality with Miros Goa property")
MMRDA deposits Rs 560 cr in Metro arbitration case with Reliance Infra
The Bombay High Court had directed MMRDA to pay Rs 1,169 crore to Reliance Infra arm MMOPL in an arbitration case related to the Versova-Andheri-Ghatkopar metro line
 "MMRDA deposits Rs 560 cr in Metro arbitration case with Reliance Infra")
ED actions concluded at all locations, say Reliance Infra, Reliance Power
Reliance Infrastructure and Reliance Power clarify that Enforcement Directorate's actions have concluded at all locations, with no impact on business operations, financial performance, or stakeholders
 "ED actions concluded at all locations, say Reliance Infra, Reliance Power")
Lodha Developers Q1FY26 results: Profit grows 42% to Rs 674 crore
The company's total expenses during the quarter under review also increased by 20.01 per cent to Rs 2,721 crore
 "Lodha Developers Q1FY26 results: Profit grows 42% to Rs 674 crore")
Mahindra Lifespaces' Q1 FY26 profit grows multiple times to ₹51 crore
Mahindra Lifespaces reports a sharp rise in Q1 FY26 profit to Rs 51 crore, despite a significant drop in revenue. The company adds Rs 3,500 crore to its development portfolio
 "Mahindra Lifespaces' Q1 FY26 profit grows multiple times to ₹51 crore")
Reliance Infra reports Q1FY26 profit of Rs 59 crore, revenue drops 17%
Reliance Infrastructure posts a profit of Rs 59 crore in Q1 FY26, reversing the previous year's loss. The company's revenue drops, but consolidated EBITDA increases by 29%
Embassy REIT raises ₹2,000 crore through non-convertible debenture
The proceeds from the 10-year NCD issue will be used for refinancing debt, resulting in interest savings
 "Embassy REIT raises ₹2,000 crore through non-convertible debenture")
Strong reforms to boost infra development in Maharashtra: Morgan Stanley
The state government is aiming to develop state-of-the-art infrastructure facilities in an environmentally, economically, and socially sustainable manner
 "Strong reforms to boost infra development in Maharashtra: Morgan Stanley")
DLF's comeback project in Mumbai sees ₹2,300 cr sales in first week
Success in Mumbai is a bigger statement than the Gurugram project
 "DLF's comeback project in Mumbai sees ₹2,300 cr sales in first week")
ACC Q1FY26 results: Net profit grows 4% amid increased sales volumes
ACC reports a 4% growth in Q1 FY26 profit despite a dip in operating margins, as cement sales volumes rise and revenue grows 17.3% YoY
 "ACC Q1FY26 results: Net profit grows 4% amid increased sales volumes")
Lotus Developers IPO to open on July 30; price band set at Rs 140-150
Sri Lotus Developers announces a Rs 792 crore IPO with a price band of Rs 140-150, opening on July 30 and closing on August 1
 "Lotus Developers IPO to open on July 30; price band set at Rs 140-150")
Acquisitions by mature trusts to lift InvIT AUM to ₹8 trillion: Crisil
Crisil expects InvIT AUM to surpass Rs 8 trillion by FY27, driven primarily by acquisitions by mature trusts, with a stable credit outlook despite higher leverage levels
 "Acquisitions by mature trusts to lift InvIT AUM to ₹8 trillion: Crisil")
Mindspace REIT buys Hyderabad office asset for Rs 512 cr at 11% discount
Property takes Mindspace REIT's portfolio to 37.9 msf and adds Rs 53.5 cr to its net operating income
 "Mindspace REIT buys Hyderabad office asset for Rs 512 cr at 11% discount")
Sunteck Realty to develop Mira Road land parcel with ₹1,200 crore GDV
Sunteck Realty will develop a 3.5-acre land parcel in Mira Road with a GDV of Rs 1,200 crore, expanding its footprint in the fast-growing Mumbai micro-market
 "Sunteck Realty to develop Mira Road land parcel with ₹1,200 crore GDV")
Aditya Birla Real Estate Q1 loss at ₹25 crore; plans ₹1,500 crore fundraise
Aditya Birla Real Estate posted a Q1 FY26 loss of Rs 25.47 crore and will raise up to Rs 1,500 crore to refinance CPP debt and prepare for upcoming real estate launches
 "Aditya Birla Real Estate Q1 loss at ₹25 crore; plans ₹1,500 crore fundraise")
JSW Infra's Q1FY26 results: Profit jumps 31% amid cargo volume growth
JSW Infra's Q1 FY26 profit increased by 31% YoY to Rs 384.68 crore, driven by a 5% rise in cargo volumes, including contributions from its coal terminals and the integration of Navkar Corporation
 "JSW Infra's Q1FY26 results: Profit jumps 31% amid cargo volume growth")
Construction industry margins to stay between 10.25-10.75% in FY26: Icra
Operating margins in the construction industry are expected to remain steady at 10.25-10.75% in FY26, down from 13-14% in FY21, with revenue growth revised down to 6-8%
 "Construction industry margins to stay between 10.25-10.75% in FY26: Icra")