 "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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Runwal Developers files draft papers with Sebi to raise ₹2,000 cr via IPO
Proceeds from the fresh issue will be used for the prepayment or repayment of certain outstanding borrowings and for general corporate purposes
 "Runwal Developers files draft papers with Sebi to raise ₹2,000 cr via IPO")
Mumbai property registrations rise 29% in September, hit 7-year high
Mumbai property registrations rose 29 per cent in September to 11,744 units, generating Rs 1,256 crore in revenues as festive demand, premium launches and buyer momentum drove growth
 "Mumbai property registrations rise 29% in September, hit 7-year high")
WeWork India eyes over 20% revenue growth; IPO opens on October 3
WeWork India plans 20% revenue growth, capacity expansion and debt reduction as it launches a Rs 3,000 crore IPO, valued at Rs 9,000 crore at the top of the price band
 "WeWork India eyes over 20% revenue growth; IPO opens on October 3")
Elevate Campuses files DRHP with Sebi to raise ₹2,550 crore via IPO
Elevate Campuses, India's largest student accommodation platform, has filed draft papers with Sebi for a Rs 2,550 crore IPO to fund acquisitions, debt repayment and expansion
 "Elevate Campuses files DRHP with Sebi to raise ₹2,550 crore via IPO")
Hiranandani launches ₹5,000-cr coastal township in Alibaug, eyes ₹17k cr
Hiranandani Communities has launched a 225-acre coastal township in Alibaug with an investment of Rs 5,000 crore and revenue potential of Rs 17,000 crore over 10 years
 "Hiranandani launches ₹5,000-cr coastal township in Alibaug, eyes ₹17k cr")
L&T inks $700 mn sustainability trade facility, expands ESG financing
Larsen & Toubro has tied the $700 mn trade facility to emissions and water-use KPIs, reinforcing its carbon neutrality by 2040 and water neutrality by 2035 goals
 "L&T inks $700 mn sustainability trade facility, expands ESG financing")
Sunteck Realty launches uber luxury brand, eyes ₹20,000 crore revenue
The first projects include an ultra-luxury development at Nepeansea Road in South Mumbai and another in Downtown Dubai's Burj Khalifa community, marking Sunteck's international debut
 "Sunteck Realty launches uber luxury brand, eyes ₹20,000 crore revenue")
Panchshil Realty buys Capgemini's Thane Knowledge Park for ₹550 crore
Panchshil Realty has bought Capgemini's Thane Knowledge Park for Rs 550 crore, expanding its office space portfolio as Mumbai's commercial property market sees major shifts
 "Panchshil Realty buys Capgemini's Thane Knowledge Park for ₹550 crore")
Maharashtra invites realty firms to develop 13K acres of MSRTC land
Maharashtra will lease 13,000 acres of MSRTC land in key cities for residential and commercial projects under the build-operate-transfer model to boost revenue and modernise facilities
Maharashtra plans ₹70,000 cr push to boost affordable housing by 2030
Maharashtra will invest Rs 70,000 crore under the 2025 housing policy to build 3.5 million affordable homes by 2030, focusing on Mumbai Metropolitan Region and Pune
 "Maharashtra plans ₹70,000 cr push to boost affordable housing by 2030")
Afcons inducts Firoz Mistry, Santosh Nayar as new members on its board
Afcons Infrastructure has appointed Firoz Cyrus Mistry as non-executive director and Santosh Balachandran Nayar as independent director, effective Thursday
 "Afcons inducts Firoz Mistry, Santosh Nayar as new members on its board")
NCW Prime Offices Fund buys Chennai office campus from Keppel for ₹2,550 cr
The acquisition highlights Chennai as a destination that is now attracting occupier interest
 "NCW Prime Offices Fund buys Chennai office campus from Keppel for ₹2,550 cr")
IndoSpace to invest $57 mn to develop 66-acre logistics park in Bhiwandi
IndoSpace will invest $57 million in a new 66-acre logistics park in Bhiwandi with 1.7 msf potential, expanding warehousing capacity in Maharashtra's logistics hub
 "IndoSpace to invest $57 mn to develop 66-acre logistics park in Bhiwandi")
CapitaLand India Trust unlocks ₹1,103 cr via divestment of IT park assets
CapitaLand India Trust will divest CyberVale in Chennai and CyberPearl in Hyderabad for Rs 1,103 crore at a 3% premium to valuation, its first exit since 2007 listing
 "CapitaLand India Trust unlocks ₹1,103 cr via divestment of IT park assets")
Housing sales in top 7 cities fall 9% to 97,080 units in Q3 2025: Report
Housing sales across India's top seven cities fell 9% YoY in Q3 2025, but sales value rose 14% to Rs 1.52 trillion as luxury housing drove new launches and demand
 "Housing sales in top 7 cities fall 9% to 97,080 units in Q3 2025: Report")
Investcorp sells 6.8% stake in NDR InvIT via ₹305 crore block trade
Investcorp has divested a 6.8 per cent stake in NDR InvIT through a Rs 305 crore block deal, the largest secondary stake sale in the warehousing InvIT sector
 "Investcorp sells 6.8% stake in NDR InvIT via ₹305 crore block trade")
Blackstone to invest nearly ₹5,000 crore to develop data centre in MMR
Blackstone to invest ₹5,000 crore in 60 MW data centre in Chandivali; India DC sector set for exponential growth with AI, cloud, and 5G demand
 "Blackstone to invest nearly ₹5,000 crore to develop data centre in MMR")
Cement sector operating profit to rise 12-18% in FY26, says Icra
Icra expects cement companies' FY26 operating profit to reach Rs 900-950 per tonne, with healthy demand, better realisations and GST cuts driving growth despite global crude risks
 "Cement sector operating profit to rise 12-18% in FY26, says Icra")
Zomato Hyperpure leases 2.5 lakh sq ft of warehousing space in Bhiwandi
Zomato Hyperpure is a business-to-business (B2B) platform providing kitchen solutions, set up by the restaurant aggregator Zomato
 "Zomato Hyperpure leases 2.5 lakh sq ft of warehousing space in Bhiwandi")
Arnya Real Estate Fund, Supreme Universal to launch ₹1K cr equity platform
The fund will particularly focus on redevelopment projects, with Supreme being an execution partner
 "Arnya Real Estate Fund, Supreme Universal to launch ₹1K cr equity platform")