 "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 2 - Prachi Pisal
Development Bank of Japan makes first real estate investment in India
Commits capital to the HDFC Capital Development of Real Estate Affordable and Mid-Income Fund (H-DREAM Fund)
 "Development Bank of Japan makes first real estate investment in India")
FY27 toll collection growth may moderate to 5-7% amid West Asia conflict
Crisil Ratings says slowing commercial traffic and geopolitical tensions may temper toll collection growth in FY27, though credit profiles of road assets are expected to remain stable
 "FY27 toll collection growth may moderate to 5-7% amid West Asia conflict")
After stable Q4, cement firms feel the grind over West Asia conflict
Rising fuel and packaging costs linked to the conflict may weigh on the sector's margins
 "After stable Q4, cement firms feel the grind over West Asia conflict")
Grade-A office vacancies may fall up to 16% in FY27: Crisil Ratings
Crisil Ratings says healthy leasing growth and steady demand-supply dynamics may reduce vacancy levels, though AI-led disruptions and geopolitical risks remain concerns
 "Grade-A office vacancies may fall up to 16% in FY27: Crisil Ratings")
Mounting costs turn the heat on India Inc amid West Asia conflict
Firms diversify sourcing, redraw playbook, increase prices to tide over crisis
 "Mounting costs turn the heat on India Inc amid West Asia conflict")
Five listed Reits in India distributed over ₹2,500 crore in Q4FY26
India's five listed Reits distributed over Rs 2,566 crore to more than 4.25 lakh unitholders in Q4 FY26 amid rising investor participation and portfolio expansion
 "Five listed Reits in India distributed over ₹2,500 crore in Q4FY26")
Kalpataru signs cluster redevelopment project with ₹1,250 cr GDV in MMR
The cluster redevelopment project in Kandivali East spans 2.8 acres and comprises five adjacent societies with residential and high-street retail development
 "Kalpataru signs cluster redevelopment project with ₹1,250 cr GDV in MMR")
Kirloskar Group sharpens real estate focus with broader asset class plans
Kirloskar Industries Group, through Avante Spaces, plans to expand across office, mixed-use and residential projects as conglomerates deepen their real estate presence
 "Kirloskar Group sharpens real estate focus with broader asset class plans")
Reliance Infra Q4 results: Profit falls 79% to Rs 918 cr, expenses rise 12%
Reliance Infrastructure's revenue from operations dipped 2.59 per cent in the March quarter, while its board approved plans to raise up to Rs 3,000 crore
 "Reliance Infra Q4 results: Profit falls 79% to Rs 918 cr, expenses rise 12%")
India's top listed real-estate developers ended FY26 on stable footing
Leading listed real estate developers outperform broader housing market slowdown in FY26, aided by premium housing demand, disciplined launches and strong execution
 "India's top listed real-estate developers ended FY26 on stable footing")
Blackstone-backed Kolte-Patil Developers incurs loss of ₹15.8 cr in Q4 FY26
Blackstone-backed Kolte-Patil Developers reports Q4 FY26 loss as lower revenue recognition offsets strong collections and steady housing sales
 "Blackstone-backed Kolte-Patil Developers incurs loss of ₹15.8 cr in Q4 FY26")
Godrej Properties ties up with Tata Projects for contracts worth ₹1,100 cr
Tata Projects will execute construction work for three luxury residential developments by Godrej Properties along Gurugram's Golf Course Road
 "Godrej Properties ties up with Tata Projects for contracts worth ₹1,100 cr")
JSW Cement's Q4 profit up 11x on one-time tax benefit, higher revenue
JSW Cement reported an 11-fold jump in Q4 profit, aided by a one-time tax benefit and higher cement and GGBS sales
 "JSW Cement's Q4 profit up 11x on one-time tax benefit, higher revenue")
Technology to be main focus area for Essel Group in next growth phase
Essel Group says technology will anchor its future growth strategy as it marks 100 years of operations and expands its focus on digital and content platforms
 "Technology to be main focus area for Essel Group in next growth phase")
India's affordable housing sector faces ₹55,000 crore funding gap
Over 450,000 affordable and mid-range homes across 1,500 stalled projects require urgent funding support as capital flows remain concentrated in premium real estate segments
 "India's affordable housing sector faces ₹55,000 crore funding gap")
IRB Infra Q4 profit rises 38% as toll revenue growth remains strong
The infrastructure developer reported strong growth in toll collections during FY26 as all major projects became operational and revenue-generating
 "IRB Infra Q4 profit rises 38% as toll revenue growth remains strong")
India's clean energy expansion to boost real estate demand: Colliers India
India's renewable energy expansion could drive $10-15 billion in land investments by 2030, boosting demand for warehousing, industrial parks and worker housing
 "India's clean energy expansion to boost real estate demand: Colliers India")
Average IPL franchise valuation may touch $15 billion by 2032: Report
IPL franchise valuations are projected to surge by 2032, driven by rising investor interest, expanding sports portfolios, and growing consumer spending on sport
 "Average IPL franchise valuation may touch $15 billion by 2032: Report")
Realty companies turn to artificial intelligence to build faster, cheaper
AI helping developers reduce waste, compress timelines, lift profitability
 "Realty companies turn to artificial intelligence to build faster, cheaper")
PM's WFH push may raise flex, managed workspace demand in the near term
Industry executives say companies are likely to adopt distributed workplace strategies, supporting flex office demand without disrupting India's office leasing momentum
 "PM's WFH push may raise flex, managed workspace demand in the near term")