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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ACC Q3FY26 results: Net profit plunges 63% to ₹404 cr, revenue up 8.56%
Excluding one-offs of last year, normalised PAT is up 347%
 "ACC Q3FY26 results: Net profit plunges 63% to ₹404 cr, revenue up 8.56%")
Resale housing becomes core buying channel amid affordability crunch
Resale homes are turning into a core buying channel as rising prices and premiumisation of new launches squeeze affordability across major cities
 "Resale housing becomes core buying channel amid affordability crunch")
UltraTech Cement's Q3FY26 profit grows 27% Y-o-Y, beats analyst estimates
The company's operating earnings between interest, tax, depreciation, and amortisatio, or Ebitda, per metric tonne improved to ₹1,051, up ₹140 Y-o-Y
 "UltraTech Cement's Q3FY26 profit grows 27% Y-o-Y, beats analyst estimates")
MMRDA signs MoUs worth ₹9 trillion on day two of WEF 2026
MMRDA signed MoUs worth ₹9.52 trillion on day two of WEF 2026, taking total commitments to ₹18.25 trillion and reinforcing global investor confidence in MMR
 "MMRDA signs MoUs worth ₹9 trillion on day two of WEF 2026")
India land area transacted rises in 2025 despite slight drop in deals
Overall, at least 126 land deals involving over 3,772 acres were sealed across the country in 2025, compared with 133 deals spanning 2,514 acres in 2024
Under- 40 entrepreneurs account for nearly 1/11th of India's GDP
201 leaders run companies worth ₹31 trillion
 "Under- 40 entrepreneurs account for nearly 1/11th of India's GDP")
Raymond Realty launches ₹5,000 crore residential project in Mumbai's Wadala
Raymond Realty has entered the central Mumbai market with a ₹5,000 crore luxury residential project in Wadala, betting on strong end-user demand, rising property values and large-format lifestyle deve
 "Raymond Realty launches ₹5,000 crore residential project in Mumbai's Wadala")
Labdhi Lifestyle launches ₹1,000 cr commercial project in Mumbai's BKC
Mumbai-based Labdhi Lifestyle has launched a grade-A commercial project in Bandra Kurla Complex with a GDV of over ₹1,000 crore, banking on strong office demand amid limited new supply in core BKC
 "Labdhi Lifestyle launches ₹1,000 cr commercial project in Mumbai's BKC")
MMRDA signs 10 MoUs worth Rs 8.73 trillion on day one of WEF 2026
MMRDA signs $96 billion worth of MoUs at WEF 2026 Davos, boosting Mumbai 3.0 vision and reinforcing Maharashtra's push towards a $1 trillion economy
 "MMRDA signs 10 MoUs worth Rs 8.73 trillion on day one of WEF 2026")
Lodha signs MoU with Maharashtra to invest ₹1 trn in data centre park
The developer said the additional investment will support a 2.5 GW green integrated data centre park in the Mumbai region, expected to create over 16,000 jobs and host global players
 "Lodha signs MoU with Maharashtra to invest ₹1 trn in data centre park")
Embassy Developments to invest ₹4,500 crore to expand its Mumbai footprint
Embassy Developments will invest Rs 4,500 crore to launch three luxury residential projects in Mumbai with a GDV of Rs 12,000 crore, expanding its MMR footprint from Q4 FY26
 "Embassy Developments to invest ₹4,500 crore to expand its Mumbai footprint")
Realty firms roll out integrated platforms to tap India's GCC boom
According to Shrinivas Rao, FRICS, chief executive officer (CEO), Vestian, more than 1,850 GCCs are currently operating in India
 "Realty firms roll out integrated platforms to tap India's GCC boom")
L&T Realty acquires land rights in Mumbai's Lower Parel for ₹448 crore
L&T Realty acquires land rights in Mumbai's Lower Parel for ₹448.6 crore to develop a commercial office project in one of the city's prime micro-markets
 "L&T Realty acquires land rights in Mumbai's Lower Parel for ₹448 crore")
Oberoi Realty's Q3FY26 results: Profit grows marginally to ₹622 crore
Oberoi Realty's Q3FY26 profit rises marginally to ₹622.6 crore, missing estimates; revenue up 5.8%, no new launches during the quarter
 "Oberoi Realty's Q3FY26 results: Profit grows marginally to ₹622 crore")
ASK Property Fund to invest ₹210 cr in residential projects in Navi Mumbai
ASK Property Fund, part of the Blackstone-backed ASK group, will invest ₹210 crore in two Gami Group residential projects in Navi Mumbai, citing strong demand and infrastructure-led growth
 "ASK Property Fund to invest ₹210 cr in residential projects in Navi Mumbai")
Sunteck Realty to launch ₹3,000 crore ultra-luxury goregaon project
Sunteck's rental revenue is expected to rise from Rs 70 crore in fiscal year 2025 (FY25) to Rs 320 crore and capital value from Rs 1,050 crore to Rs 5,000 crore by FY28-29
 "Sunteck Realty to launch ₹3,000 crore ultra-luxury goregaon project")
JSW Infra Q3 results: Profit grows 9% to ₹359 crore amid higher revenue
JSW Infrastructure's Q3 FY26 profit rose 8.9% on higher port volumes and revenue growth, though earnings missed analyst estimates
 "JSW Infra Q3 results: Profit grows 9% to ₹359 crore amid higher revenue")
L&T Onshore wins major LNG, ethane storage project from Petronet LNG
The EPCC project at Gujarat's Dahej Petrochemical Complex includes LNG, ethane and propane storage tanks and handling facilities, supporting India's first integrated petrochemical complex
 "L&T Onshore wins major LNG, ethane storage project from Petronet LNG")
GPL claims top spot among listed peers by bookings, collections in CY25
The company sold 16,428 homes with a total saleable area of 27.26 million square feet (msf), driven by 41 project launches across India during the year
 "GPL claims top spot among listed peers by bookings, collections in CY25")
Executive Centre joins growing list of flex-office players taking IPO route
The public issue comprises a fresh issue of equity shares, with proceeds to fund overseas acquisitions under an internal restructuring and meet general corporate purposes