 "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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Construction tech adoption lags in Indian real estate amid cost hurdles
Despite availability of BIM, modular, and 3D technologies, Indian construction firms remain hesitant due to cost, labour economics, and limited developer scale
 "Construction tech adoption lags in Indian real estate amid cost hurdles")
Commercial realty climbs growth ladder, residential one step down
Office, warehousing, industrial segments drive real estate leasing momentum in first half
 "Commercial realty climbs growth ladder, residential one step down")
IRB InvIT to acquire 3 road assets worth ₹8,436 cr from IRB InvIT Fund
The acquisition of three SPVs will expand IRB's O&M order book by Rs 3,100 crore and is part of a broader asset transfer strategy between its private and public InvIT platformsnn
 "IRB InvIT to acquire 3 road assets worth ₹8,436 cr from IRB InvIT Fund")
No impact on biz: RInfra, RPower after SBI's 'fraud' tag on RCom account
Reliance Infrastructure and Reliance Power assert that SBI's classification of Reliance Communications' loan account as fraud will have no impact on their business, financials, or stakeholders
 "No impact on biz: RInfra, RPower after SBI's 'fraud' tag on RCom account")
Arkade Developers to acquire Goregaon's Filmistan Studios for Rs 183 crore
Arkade Developers has entered a binding agreement to acquire Filmistan Studios' four-acre land in Goregaon, Mumbai, for Rs 183 crore, where it plans to launch a luxury residential project by 2026
 "Arkade Developers to acquire Goregaon's Filmistan Studios for Rs 183 crore")
Affordable housing launches to remain muted despite rate cuts, tax benefits
While demand for sub ₹50-lakh affordable housing prevails, market players cite increased land rates, escalated construction costs and low margins as key prohibiting factors
 "Affordable housing launches to remain muted despite rate cuts, tax benefits")
Institutional investments in real estate decline 33% in Q2 CY25: Report
Domestic institutions step up as foreign inflows fall amid evolving macroeconomic scenario, credit flow and inflationary pressures
 "Institutional investments in real estate decline 33% in Q2 CY25: Report")
Keystone Realtors chosen for ₹3K cr cluster redevelopment project in Mumbai
Five DAs signed and three LoIs in place for 4.75-acre cluster project in Lokhandwala, giving Rustomjee 10.6 lakh sq ft saleable area in key Mumbai residential zone
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