 "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 3 - Prachi Pisal
Nomura leases office space in Mumbai's Worli at ₹2.79 crore per month
Nomura has leased 38,478 sq ft of office space in K Raheja Corp's Altimus tower in Mumbai's Worli under a 10-year agreement with annual rental escalation
 "Nomura leases office space in Mumbai's Worli at ₹2.79 crore per month")
Nabard acquires leasehold rights to BKC commercial campus for ₹350 crore
Nabard has acquired leasehold rights to a two-building commercial campus in Mumbai's Bandra-Kurla Complex from MTNL under a deal valued at Rs 350.72 crore
 "Nabard acquires leasehold rights to BKC commercial campus for ₹350 crore")
Knowledge Realty Trust posts 14% growth in Q4 FY26 NOI at ₹1,053 crore
In FY26, the Reit's NOI grew 18 per cent YoY to ₹4,048.4 crore
 "Knowledge Realty Trust posts 14% growth in Q4 FY26 NOI at ₹1,053 crore")
Nexus Select Trust Q4 results: NOI rises 12% on strong retail consumption
The Blackstone-backed retail Reit reported strong consumption growth, stable occupancy, and higher distributions amid portfolio expansion plans
 "Nexus Select Trust Q4 results: NOI rises 12% on strong retail consumption")
Kalpataru's Q4 FY26 profit surges on strong revenue, project completions
The real estate developer reported strong growth in profit, revenue, collections, and pre-sales driven by project completions and improved execution
 "Kalpataru's Q4 FY26 profit surges on strong revenue, project completions")
MMRDA allots two BKC plots to NSE for ₹1,684 crore lease premium
The National Stock Exchange has secured two amalgamated plots in Mumbai's Bandra-Kurla Complex on an 80-year lease for expansion
 "MMRDA allots two BKC plots to NSE for ₹1,684 crore lease premium")
Manipal Health Enterprises acquires Mumbai land, hospital for ₹495 crore
Temasek-backed Manipal Health Enterprises has completed the acquisition of hospital property and development rights in Mumbai's Andheri ahead of its proposed IPO
 "Manipal Health Enterprises acquires Mumbai land, hospital for ₹495 crore")
Rustomjee Q4 profit falls 19% despite strong growth in revenue, pre-sales
Keystone Realtors reported lower quarterly profit due to legacy projects, while revenue, pre-sales and project additions recorded strong growth
 "Rustomjee Q4 profit falls 19% despite strong growth in revenue, pre-sales")
West Asia conflict: India must not rent its intelligence future, says Adani
Adani stated that true independence in the 21st century will mean owning energy and intelligence
 "West Asia conflict: India must not rent its intelligence future, says Adani")
Office Reits tap hospitality to strengthen integrated campus ecosystems
Mindspace, Embassy and Bagmane Reits are adding hotels to office parks to support business travel, tenant engagement and integrated campus development
 "Office Reits tap hospitality to strengthen integrated campus ecosystems")
Oberoi Realty's Q4 FY26 net profit jumps 62.35% amid higher revenues
Oberoi Realty posted strong Q4FY26 earnings driven by higher revenues and bookings, while its board approved raising up to Rs 4,000 crore through NCDs
 "Oberoi Realty's Q4 FY26 net profit jumps 62.35% amid higher revenues")
JSW Infra Q4 profit declines 18% to ₹418 crore amid one-offs, forex loss
JSW Infrastructure reported lower Q4FY26 profit due to one-off losses, forex impact, and disruptions at its Fujairah terminal amid the Middle East conflict
 "JSW Infra Q4 profit declines 18% to ₹418 crore amid one-offs, forex loss")
JNPA cites trailer, driver shortages for delays in container evacuation
JNPA said all five container terminals are operating normally and attributed delays in import container evacuation to shortages of trailers and drivers arranged by CFSs and customs brokers
 "JNPA cites trailer, driver shortages for delays in container evacuation")
Mindspace Reit raises Rs 500 crore through 10-year NCD issuance
K Raheja Corp-backed Mindspace Reit has raised Rs 500 crore through a 10-year NCD issue to refinance debt and improve cash flow stability
 "Mindspace Reit raises Rs 500 crore through 10-year NCD issuance")
McKinsey renews Mumbai BKC office lease at Rs 2.58 crore monthly rent
McKinsey & Company India has renewed its office lease at Mumbai's Bandra-Kurla Complex for 10 years at a monthly rent of Rs 2.58 crore
 "McKinsey renews Mumbai BKC office lease at Rs 2.58 crore monthly rent")
VFS Global consortium to set up 60 model sub-registrar offices in Maha
VFS Global and WE Excel Software will launch 60 model sub-registrar offices across Maharashtra to modernise and streamline property registration services
 "VFS Global consortium to set up 60 model sub-registrar offices in Maha")
Q1 2026 real estate sentiment weakens amid global uncertainty: Report
India's real estate sentiment slipped into pessimistic territory in Q1 2026 as global uncertainties, rising costs and cautious demand weighed on outlook
 "Q1 2026 real estate sentiment weakens amid global uncertainty: Report")
ABREL posts Q4 profit of Rs 11 crore despite decline in bookings
Aditya Birla Real Estate posted a profit in Q4 FY26 against a year-ago loss, though quarterly residential bookings and collections declined year-on-year
 "ABREL posts Q4 profit of Rs 11 crore despite decline in bookings")
Ambuja Cements' Q4 results: Net profit jumps 78.5% aided by one-offs
Ambuja Cements posts strong Q4 profit driven by tax credits, but rising fuel, freight and input costs, along with West Asia tensions, weigh on margins and outlook
 "Ambuja Cements' Q4 results: Net profit jumps 78.5% aided by one-offs")
Godrej Properties posts 70% jump in Q4 net profit on strong bookings
Strong bookings, higher revenues, and robust collections drive Godrej Properties' record quarterly profit, as the company outlines an aggressive growth and launch pipeline for FY27
 "Godrej Properties posts 70% jump in Q4 net profit on strong bookings")