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 18 - Prachi Pisal
Keystone to redevelop Mumbai locality with Mhada, eyes GDV of Rs 4,521 cr
The project spans 11.19 acres in Sion Koliwada and will rehabilitate 1,200 members, unlocking 20.7 lakh sq ft of saleable area for Rustomjee and stock for Mhada
 "Keystone to redevelop Mumbai locality with Mhada, eyes GDV of Rs 4,521 cr")
Mahindra Lifespaces to redevelop Mulund West project worth ₹1,250 crore
The real estate arm of the Mahindra Group will lead redevelopment of a premium housing society in Mulund West, with proximity to Metro Line 5 and key road links
 "Mahindra Lifespaces to redevelop Mulund West project worth ₹1,250 crore")
Housing sales decline 20% in Q2 CY25; recovery signs seen: Report
Sales likely to improve after 'rollercoaster quarter' for Indian housing market: Anarock
 "Housing sales decline 20% in Q2 CY25; recovery signs seen: Report")
JP Morgan India pre-leases office space in Sumitomo's BKC project
The lease is for a period of 10 years and will commence on October 1, 2026, the proposed handover date of the property
 "JP Morgan India pre-leases office space in Sumitomo's BKC project")
RIL to be a deep-tech, advanced manufacturing powerhouse: Mukesh Ambani
The oil-to-telecommunications (telecom) behemoth spans sectors including digital services (Jio), energy, petrochemicals, new energy and materials, retail, and media and entertainment
 "RIL to be a deep-tech, advanced manufacturing powerhouse: Mukesh Ambani")
Reliance Defence bags export order worth ₹600 cr from Germany's Rheinmetall
The deal with Rheinmetall will support Reliance's plan to be among India's top three defence exporters and includes a major investment in a facility in Ratnagiri, Maharashtra
 "Reliance Defence bags export order worth ₹600 cr from Germany's Rheinmetall")
FASTag annual pass may cut toll road operators' revenues by 4-8%: Crisil
Crisil sees revenue loss of 4-8 per cent for toll road operators due to new FASTag annual pass scheme; compensation from NHAI will be key to limiting credit impact
 "FASTag annual pass may cut toll road operators' revenues by 4-8%: Crisil")
Arbour Investments commits ₹105 cr to ELV for Whitefield projects
Arbour will fund ELV Projects' mid-premium residential developments in Whitefield, with Rs 105 crore to be disbursed in phases over eight to nine months
 "Arbour Investments commits ₹105 cr to ELV for Whitefield projects")
Adani Group to invest $100 bn, targets 100 GW total power capacity by 2030
Adani Green, the group's renewable company, aims to achieve 50 GW (gigawatt) of capacity and thermal power producer Adani Power 31 GW
 "Adani Group to invest $100 bn, targets 100 GW total power capacity by 2030")
Housing affordability in H1 CY25 improves as RBI cuts interest rate: Report
Ahmedabad is the most affordable housing market and Mumbai the least: Knight Frank
 "Housing affordability in H1 CY25 improves as RBI cuts interest rate: Report")
Kalpataru raises ₹708 crore through anchor allotment ahead of IPO
Kalpataru raises ₹708 crore via anchor investors including GIC, SBI MF and Bain Capital ahead of its ₹1,590 crore IPO, with proceeds earmarked for debt repayment
 "Kalpataru raises ₹708 crore through anchor allotment ahead of IPO")
Reliance Infra subsidiary settles ₹273 crore debt obligation to Yes Bank
JR Toll Road repays full ₹273 crore, including interest, to Yes Bank under new settlement agreement, closing R-Infra's obligations as corporate guarantor
 "Reliance Infra subsidiary settles ₹273 crore debt obligation to Yes Bank")
Godrej Properties sells homes worth ₹2,000 cr at Bengaluru project launch
With 1,450 homes sold at launch, Godrej Properties' Barca in Devanahalli becomes North Bengaluru's most successful township debut by value and volume of sales
 "Godrej Properties sells homes worth ₹2,000 cr at Bengaluru project launch")
MMRDA to build Dharavi as multi-modal transit hub with metro, rail links
The MMTH will connect Dharavi to metro lines, airports, rail stations and BKC, as MMRDA takes charge of building a future-ready, 24x7 urban mobility hub
 "MMRDA to build Dharavi as multi-modal transit hub with metro, rail links")
Approval hiccups hit schedule, profits of MMR and Bengaluru realty majors
The approvals were earlier handled by the state government authorities. MMR is said to be the most affected market by this decision
 "Approval hiccups hit schedule, profits of MMR and Bengaluru realty majors")
Real estate giant Kalpataru eyes deleveraging amid ₹1,590 cr IPO
Real estate firm Kalpataru plans to repay borrowings using IPO proceeds, cash reserves and project sales, with debt ratio targeted to fall from 3.7x to below 2x
 "Real estate giant Kalpataru eyes deleveraging amid ₹1,590 cr IPO")
Wipro inks 10-year lease for office space in MMR's Mindspace Business Park
The tech firm has taken space in building no. 2 of Mindspace Business Park with parking for 194 cars and a monthly rent of Rs 2.5 crore at Rs 64 per sq ft
 "Wipro inks 10-year lease for office space in MMR's Mindspace Business Park")
Dassault ties up with RInfra arm to make Falcon 2000 jets in India
Dassault partners Reliance to assemble Falcon jets in Nagpur, marking the first Falcon manufacturing base outside France; DRAL named global Centre of Excellence
 "Dassault ties up with RInfra arm to make Falcon 2000 jets in India")
PE firm Blackstone acquires South City Mall in Kolkata for ₹3.2K cr
Real estate services firm Anarock was the sole transaction advisor to the deal
 "PE firm Blackstone acquires South City Mall in Kolkata for ₹3.2K cr")
Raymond Realty eyes 20% Ebitda growth in FY26 ahead of July listing
Spun off from Raymond, the real estate arm expects 20 per cent Ebitda growth and 20-25 per cent bookings rise in FY26 as it prepares for listing in early July
 "Raymond Realty eyes 20% Ebitda growth in FY26 ahead of July listing")