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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UltraTech Cement's profit jumps 49% as volumes, prices grow in Q1FY26
The company's grey cement realisations also improved by 2.4 per cent Y-o-Y to ₹5,165 per tonne amid the all-India Y-o-Y cement price hike of 6 per cent during the quarter
 "UltraTech Cement's profit jumps 49% as volumes, prices grow in Q1FY26")
Oberoi Realty's Q1FY26 results: Net profit falls 27% to ₹421 crore
Oberoi Realty reports a 27% YoY drop in net profit for Q1 FY26, missing analysts' estimates. The company's revenue fell significantly, while gross bookings surged in new project launches
 "Oberoi Realty's Q1FY26 results: Net profit falls 27% to ₹421 crore")
Lower home loan EMIs spark increased buyer interest amid repo rate cuts
House purchase affordability across the key Indian markets has improved in the first half of the calendar year 2025 (H1 CY25)
 "Lower home loan EMIs spark increased buyer interest amid repo rate cuts")
IndiQube Spaces eyes nearly ₹5,000 crore market capitalisation amid IPO
IndiQube Spaces targets a Rs 5,000 crore market cap with its Rs 700 crore IPO, priced at Rs 225-237 per share, focusing on expansion, debt repayment, and value-added services.
 "IndiQube Spaces eyes nearly ₹5,000 crore market capitalisation amid IPO")
Ashwin Sheth Group buys 4.05-acre Goregaon West land for Rs 255 crore
Developer acquires 4.05-acre plot in Goregaon West from Mhada for Rs 255 crore, to build five residential towers with 12 lakh sq ft Rera carpet area and retail
 "Ashwin Sheth Group buys 4.05-acre Goregaon West land for Rs 255 crore")
Godrej Properties buys 48-acre parcel in North Bengaluru's Doddaballapur
Land offers 1.1 min sq ft development potential as company boosts presence in Bengaluru after deals in Raipur, Indore and Pune this year
 "Godrej Properties buys 48-acre parcel in North Bengaluru's Doddaballapur")
DLF re-enters Mumbai market with ₹800 crore premium housing project
DLF returns to Mumbai after over a decade, launching The Westpark in partnership with Trident Realty, with a four-tower phase expected to generate Rs 2,300 crore
 "DLF re-enters Mumbai market with ₹800 crore premium housing project")
Office Reits outperform BSE Realty Index amid 'heightened demand'
Global capability centres account for almost 29% of nationwide gross leasing volume
 "Office Reits outperform BSE Realty Index amid 'heightened demand'")
Sunteck Realty Q1FY26 results: Net profit jumps 47% to ₹33.43 crore
Sunteck Realty posts Rs 33.43 crore profit in Q1 FY26, up 47 per cent YoY, aided by lower expenses and strong pre-sales despite a 40 per cent revenue decline
 "Sunteck Realty Q1FY26 results: Net profit jumps 47% to ₹33.43 crore")
Anil Ambani's Reliance Infra, Power to raise ₹9,000 cr each via QIP, NCDs
Reliance Infrastructure and subsidiary Reliance Power will raise Rs 9,000 crore each via equity and debt routes, as board approvals clear fresh capital infusion
 "Anil Ambani's Reliance Infra, Power to raise ₹9,000 cr each via QIP, NCDs")
Kalpataru Q4 net profit declines 42% to ₹14 crore, revenue up 21%
Kalpataru's Q4 profit dips 42 per cent Y-o-Y but pre-sales jump 79 per cent to Rs 1,724 crore and revenue rises 21 per cent, driven by sales and project launches
 "Kalpataru Q4 net profit declines 42% to ₹14 crore, revenue up 21%")
Bollywood actor Salman Khan sells Bandra West apartment for ₹5.35 crore
Flat in Shiv Asthan Heights sold on July 15, includes three car parks; average rate in Bandra West rose 2.41 per cent year-on-year to Rs 59,163 per sq ft in Q1 CY25
 "Bollywood actor Salman Khan sells Bandra West apartment for ₹5.35 crore")
Shapoorji Pallonji Real Estate to build ₹800 cr residential project in Pune
VANAHA Verdant spans 10 lakh sq ft and is close to major IT hubs and key infrastructure, says company
 "Shapoorji Pallonji Real Estate to build ₹800 cr residential project in Pune")
JSW Infra likely to consider QIP, FPO to dilute promoters' stake
JSW Infra considers stake dilution via QIP and FPO to meet Sebi's minimum public shareholding norms as promoter group holds over 85 per cent in the company
 "JSW Infra likely to consider QIP, FPO to dilute promoters' stake")
Office space company WeWork India gets regulatory approval for IPO
Offer for sale of 43.7 mn shares; proceeds go to Embassy Buildcon and 1 Ariel Way Tenant Ltd
 "Office space company WeWork India gets regulatory approval for IPO")
AI adoption helped cut costs and gain new customers, says TVS ILP
Logistics parks operate at full capacity as AI adoption drives operational efficiency, cost reduction and higher customer retention despite global tariff challenges
 "AI adoption helped cut costs and gain new customers, says TVS ILP")
PropShare Titania's ₹473-crore SM Reit IPO set to open on 21 July
PropShare Titania IPO to offer 9% projected yield from grade A+ asset in Thane; Sebi's new SM Reit category targets retail investors via ₹10 lakh unit lots
 "PropShare Titania's ₹473-crore SM Reit IPO set to open on 21 July")
Oberoi Realty-led group to pay Rs 919 cr to acquire bankrupt hotel firm
The resolution plan was approved by the committee of creditors (CoC) on July 14 following which a letter of intent was issued in favour of the consortium
Curtains rise today on Tesla's India foray; Model Y tipped as flagbearer
Real estate analysts watching Tesla's impact on rentals closely
 "Curtains rise today on Tesla's India foray; Model Y tipped as flagbearer")
IRB Infrastructure, InvIT clock 8% growth in toll revenue in Q1 FY26
IRB Infrastructure Developers and its InvIT report an 8% YoY growth in toll revenue, reaching Rs 1,680 crore in Q1 FY26 despite the early onset of the monsoon
 "IRB Infrastructure, InvIT clock 8% growth in toll revenue in Q1 FY26")