 "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 16 - Prachi Pisal
R-Infra denies fund diversion allegations as ED summons Anil Ambani
The company further stated that it had a net exposure of Rs 6,500 crore, which was duly disclosed in its financial statements over the past four years
 "R-Infra denies fund diversion allegations as ED summons Anil Ambani")
Godrej Properties enters Vadodara with 34-acre residential land acquisition
Marking its second Gujarat acquisition in a year, Godrej to develop premium plotted units with 9 lakh sq ft saleable area in Vadodara
 "Godrej Properties enters Vadodara with 34-acre residential land acquisition")
Ambuja Cements Q1 net rises to Rs 788 cr as volumes, premium mix improve
With 18.4 mt sales and successful Orient Cement integration, Ambuja beats revenue estimates and posts 53% jump in EBITDA amid lower costs and strong premium mix
 "Ambuja Cements Q1 net rises to Rs 788 cr as volumes, premium mix improve")
Mumbai property registrations slip 0.1% in July; luxury sales buoy revenue
Despite a marginal YoY dip in registrations, Mumbai's property market remained resilient in July 2025 with rising revenue and demand for high-value transactions
 "Mumbai property registrations slip 0.1% in July; luxury sales buoy revenue")
DLF tops Indian real estate rankings with Rs 2 trn valuation: Grohe-Hurun
Adani Realty leads the unlisted space with Rs 52,400 crore valuation; Oyo enters the top 15 list for the first time at Rs 32,500 crore, says GROHE-HURUN 2025 report
 "DLF tops Indian real estate rankings with Rs 2 trn valuation: Grohe-Hurun")
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
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")