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 27 - Prachi Pisal
Akshay Kumar sells Mumbai apartment in Borivali East for Rs 4.35 crore
The 1,073 sq ft apartment was bought in November 2017 for Rs 2.37 crore
 "Akshay Kumar sells Mumbai apartment in Borivali East for Rs 4.35 crore")
Dharavi redevelopment contract: SC seeks response from Maha govt, Adani
UAE-based SecLink Technologies had filed a plea challenging the state govt's decision to cancel its 2019 bid for the Dharavi redevelopment project and award the tender to Adani Properties in 2022
 "Dharavi redevelopment contract: SC seeks response from Maha govt, Adani")
BNP Paribas leases office in Mumbai's BKC for Rs 811 per square feet
The French financial services firm will pay a total rent of Rs 28.36 lakh per month
 "BNP Paribas leases office in Mumbai's BKC for Rs 811 per square feet")
Blackstone-Sattva JV file draft Papers for Rs 6,200 crore Reit IPO
This will be India's biggest and Asia's second-largest Reit IPO
 "Blackstone-Sattva JV file draft Papers for Rs 6,200 crore Reit IPO")
Tesla drives into Indian mkt with showroom in Mumbai's commercial hub BKC
According to the registration documents provided by Propstack, a real estate data analytics firm, Tesla's new showroom is in Maker Maxity, with a rental of Rs 35.26 lakh per month
 "Tesla drives into Indian mkt with showroom in Mumbai's commercial hub BKC")
Cluster redevelopment in Mumbai races against time amid red tape
While the Maharashtra government has been promoting the scheme since 2018, it recently called for an audit of 13,000 cessed buildings in the Mumbai Metropolitan Region to ensure timely redevelopment
 "Cluster redevelopment in Mumbai races against time amid red tape")
Mumbai-based Pranav Constructions files DRHP for Rs 392 crore IPO
OFS includes 28,56,869 equity shares by the promoter and investors
 "Mumbai-based Pranav Constructions files DRHP for Rs 392 crore IPO")
Mumbai property registrations fall 4% in February: Knight Frank India
11,541 property sale registrations second highest till date, contributing Rs 896 crore revenue
 "Mumbai property registrations fall 4% in February: Knight Frank India")
JSW Infrastructure seeks inorganic growth to expand logistics business
Look to invest Rs 9,000 crore as capex for logistics division
 "JSW Infrastructure seeks inorganic growth to expand logistics business")
ROADIS' India unit raises $316.3 mn via dollar-denominated bond issuance
ROADIS Group, a PSP Investments owned road investment platform, fully controls the Varanasi-Aurangabad highway
 "ROADIS' India unit raises $316.3 mn via dollar-denominated bond issuance")
After Zara exit, Purple Style Labs leases Mumbai's Ismail Building
The luxury fashion brand will pay a monthly rent of Rs 3 crore for the first year of the lease period
 "After Zara exit, Purple Style Labs leases Mumbai's Ismail Building")
India's differentiator in realty is vibrant work ecosystem: Neil Murray
Murray shared his insights on the country's growing commercial real estate sector
 "India's differentiator in realty is vibrant work ecosystem: Neil Murray")
Spanish fashion brand Zara shuts flagship Mumbai store at Hutatma Chowk
Zara, which is part of the Inditex Group, entered the country in 2010 through a joint venture with the Tata Group
 "Spanish fashion brand Zara shuts flagship Mumbai store at Hutatma Chowk")
Panchshil Realty affiliate buys land parcels worth Rs 615 cr in Navi Mumbai
Gramercy Info Park Private Limited is located in Pune and was incorporated in 2022
 "Panchshil Realty affiliate buys land parcels worth Rs 615 cr in Navi Mumbai")
Realtors upbeat as 13,000 Mumbai buildings are audited for redevelopment
Old, dilapidated structures could be turned into new residential units but work to turn them around is challenging
 "Realtors upbeat as 13,000 Mumbai buildings are audited for redevelopment")
Hiranandani Group enters Pune market with Rs 7,000 crore JV project
The company will develop a 105-acre integrated township in Hinjewadi, Pune
 "Hiranandani Group enters Pune market with Rs 7,000 crore JV project")
Listed realtors report mixed bag Q3 as home sales moderate in top cities
Project approvals slow down but most companies expect to meet their annual guidance
UAE-based NMDC Group PJSC to invest Rs 21,000 cr for Vadhvan Port Project
Under the MoU, NMDC Group PJSC will invest in developing the offshore land of Vadhvan coast, involving dredging, reclamation, and shore protection
 "UAE-based NMDC Group PJSC to invest Rs 21,000 cr for Vadhvan Port Project")
Mahindra Lifespaces inks Rs 1,650 crore pact with Livingstone Infra
The project is located in Mahalaxmi, a prime Mumbai area
 "Mahindra Lifespaces inks Rs 1,650 crore pact with Livingstone Infra")
Dilip Buildcon's Q3 FY25 results: Profit rises 7.4% to Rs 115.3 crore
The company's revenue from operations declined by 9.98 per cent YoY
 "Dilip Buildcon's Q3 FY25 results: Profit rises 7.4% to Rs 115.3 crore")