 "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 29 - Prachi Pisal
Realty leads AIF investments with Rs 73,903 cr infusions till 9MFY25: Rpt
Investments in real estate through AIFs rose by 8 per cent from Rs 68,540 crore at the end of March 2024 (FY24-end) to Rs 73,903 crore by December 2024
 "Realty leads AIF investments with Rs 73,903 cr infusions till 9MFY25: Rpt")
Bollywood actor Akshay Kumar sells office space in Mumbai for Rs 8 crore
According to the documents registered with the Inspector General of Registration (IGR), the office space is located in One Place Lodha
 "Bollywood actor Akshay Kumar sells office space in Mumbai for Rs 8 crore")
Navi Mumbai International Airport poised to drive real estate growth
The average residential property rates in Navi Mumbai increased by 23 per cent year-on-year (Y-o-Y) in 2024 to ₹10,810 per square foot (psf)
 "Navi Mumbai International Airport poised to drive real estate growth")
Kolte-Patil Developers posts sales of ₹631 crore in Q4 FY25, down 15%
The company's collections for Q4 FY25, however, grew by 19 per cent Y-o-Y and 24 per cent Q-o-Q to ₹704 crore
 "Kolte-Patil Developers posts sales of ₹631 crore in Q4 FY25, down 15%")
Dharavi: Review of survey documents of 70,000 tenements set to kick start
The survey is being conducted to determine the eligibility of the residents and businesses of Dharavi for rehabilitation, considering the redevelopment of the area
 "Dharavi: Review of survey documents of 70,000 tenements set to kick start")
Construction industry expected to grow by 8-10% in FY26, says Icra
The model code of conduct in Q1FY25, an elongated monsoon period, and a shift to milestone-based billing in Q2FY25 significantly impacted construction activities, especially for road projects
 "Construction industry expected to grow by 8-10% in FY26, says Icra")
Infosys leases 1.3 lakh sq ft of office space at Pune's Embassy Tech Zone
Infosys has leased the space "in need of office space for the purposes of carrying out the permitted business therefrom," the registration document said
 "Infosys leases 1.3 lakh sq ft of office space at Pune's Embassy Tech Zone")
India's office leasing in Q1CY25 hits 19.46 mn sq ft, up 28.4%: JLL
Gross leasing refers to all lease transactions recorded during the period, including confirmed pre-commitments, but not term renewals and deals in the discussion stage
 "India's office leasing in Q1CY25 hits 19.46 mn sq ft, up 28.4%: JLL")
Walmart leases 4.6 lakh sq ft in Chennai for Rs 3.26 crore monthly rent
The rent payable by Walmart will escalate by 4 per cent every year across the lease period that started on January 1, 2025
 "Walmart leases 4.6 lakh sq ft in Chennai for Rs 3.26 crore monthly rent")
Mumbai's luxury realty loses sparkle as buyers slip into pause mode
Mumbai - home to industry titans, Bollywood stars - is witnessing a slow offtake of houses priced between ₹10 crore and ₹50 crore. Industry insiders and real estate watchers explained the phenomenon
 "Mumbai's luxury realty loses sparkle as buyers slip into pause mode")
Lodha brothers Abhishek, Abhinandan settle Rs 5K crore title dispute
Both parties confirmed that 'Lodha Group' and 'HoABL' have no connection with each other. Both entities will communicate the same widely
 "Lodha brothers Abhishek, Abhinandan settle Rs 5K crore title dispute")
HDFC Capital creates ₹1.5K cr platform with Eldeco, aims ₹11K cr revenue
HDFC Capital is the investment manager to four Securities and Exchange Board of India-registered Category II alternative investment funds
 "HDFC Capital creates ₹1.5K cr platform with Eldeco, aims ₹11K cr revenue")
Realtors may post mixed Q4 results as residential demand moderates
According to Anarock, housing sales across the top seven Indian cities declined by 28 per cent in Q4 FY25, driven by soaring residential prices and geopolitical headwinds
 "Realtors may post mixed Q4 results as residential demand moderates")
Equity investments in real estate up 74% at $2.9 billion in Q1CY25
Bengaluru, Mumbai, and Delhi-NCR accounted for 67 per cent of the total equity inflows
 "Equity investments in real estate up 74% at $2.9 billion in Q1CY25")
Ajmera Realty clocks pre-sales worth Rs 1,080 crore in FY25, up 6%
Across FY25, the company launched projects including Ajmera Vihara, Ajmera Iris, and Ajmera Marina
 "Ajmera Realty clocks pre-sales worth Rs 1,080 crore in FY25, up 6%")
India office rentals head north even as global markets face headwinds: Rpt
Research by Vestian showed that 2024 recorded the highest-ever leasing activity of 70.7 mn sq ft, marking an annual increase of 16%
 "India office rentals head north even as global markets face headwinds: Rpt")
Dharavi project chief says Mumbai salt pan lands safe for development
Earlier, the government of Maharashtra (GoM) allocated the salt pan land parcels across Mulund, Kanjurmarg and Bhandup to rehouse ineligible Dharavi residents
 "Dharavi project chief says Mumbai salt pan lands safe for development")
Auto, realty cos expect sales rebound after RBI slashes repo rate
Sector experts and developers said the decision could draw homebuyers back into the market, particularly in the affordable housing segment
 "Auto, realty cos expect sales rebound after RBI slashes repo rate")
MMRDA secures lines of credit worth Rs 4.07 trillion to develop MMR's infra
MMRDA is the Maharashtra government agency responsible for preparing a regional infrastructure development plan for the MMR
 "MMRDA secures lines of credit worth Rs 4.07 trillion to develop MMR's infra")
IRB Infrastructure, InvIT clock Rs 6,360 crore in toll revenues, up 23%
In FY24, the company and the InvIT recorded toll revenue of Rs 5,169 crore. The revenue growth in FY25 is significantly above the national Y-o-Y toll revenue growth of 12.5 per cent
 "IRB Infrastructure, InvIT clock Rs 6,360 crore in toll revenues, up 23%")