 "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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JSW Infra to invest ₹740 cr in developing container berths at Kolkata Port
JSW Infra will develop container berths at Kolkata Port with a ₹740 crore capex, focusing on enhancing handling capacity under a 30-year concession period as part of government's port privatisation
 "JSW Infra to invest ₹740 cr in developing container berths at Kolkata Port")
Lodha Developers reports 10% growth in Q1 FY26 pre-sales to ₹4,450 crore
Lodha Developers reports a 10% YoY growth in Q1 FY26 pre-sales to Rs 4,450 crore, confident of meeting its FY26 pre-sales target of Rs 21,000 crore despite geopolitical challenges
 "Lodha Developers reports 10% growth in Q1 FY26 pre-sales to ₹4,450 crore")
Cement makers to regain decadal average profitability in FY26: Crisil
Rural housing demand will replace infrastructure segment as the primary demand driver this financial year due to expectations of rise in agricultural income on a likely healthy monsoon
 "Cement makers to regain decadal average profitability in FY26: Crisil")
Results preview: Cement companies may report profit boost amid price gains
Cement prices rose 6% YoY in Q1 FY26 while moderate volume growth and soft fuel costs are expected to aid profitability despite seasonal monsoon impact
 "Results preview: Cement companies may report profit boost amid price gains")
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")