 "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
Amazon Data Services India buys 10.6 acres of land in MMR for ₹125 cr
Amazon Data Services India has acquired 10.6 acres in Palava, Thane, from Lodha Developers for Rs 125.13 crore as it expands its data centre presence in the Mumbai region
 "Amazon Data Services India buys 10.6 acres of land in MMR for ₹125 cr")
Broader impact of West Asia crisis limited: Allcargo CEO Ketan Kulkarni
Allcargo Logistics bets on technology, integrated supply chains and India's growth story to outpace industry expansion
 "Broader impact of West Asia crisis limited: Allcargo CEO Ketan Kulkarni")
West Asia tensions may soften Q2 office leasing: KRT CEO Shirish Godbole
KRT expects continued growth in occupancy and distributions despite short-term leasing caution amid West Asia tensions and rising construction costs
 "West Asia tensions may soften Q2 office leasing: KRT CEO Shirish Godbole")
Mumbai logs best May property registrations in 14 years at 12,315 units
Mumbai recorded 12,315 property registrations in May 2026, while stamp duty collections stood at over Rs 1,051 crore, Knight Frank India said
 "Mumbai logs best May property registrations in 14 years at 12,315 units")
BMC launches AI-based CivitTwin to speed up Mumbai building approvals
The AI-powered platform will conduct virtual pre-scrutiny of building proposals, helping reduce delays, improve transparency and streamline approvals in Mumbai
 "BMC launches AI-based CivitTwin to speed up Mumbai building approvals")
Pan-Indian expansion a major strategic focus for top listed developers
Listed developers' FY26 pre-sales rise 18% YoY to ₹1.48 trillion, driven by multi-city expansion
 "Pan-Indian expansion a major strategic focus for top listed developers")
Godrej, JSW, Lodha and Sattva family offices back SILA's platform
These are secondary investments, and the selling shareholders are angel investors
 "Godrej, JSW, Lodha and Sattva family offices back SILA's platform")
Development Bank of Japan makes first real estate investment in India
Commits capital to the HDFC Capital Development of Real Estate Affordable and Mid-Income Fund (H-DREAM Fund)
 "Development Bank of Japan makes first real estate investment in India")
FY27 toll collection growth may moderate to 5-7% amid West Asia conflict
Crisil Ratings says slowing commercial traffic and geopolitical tensions may temper toll collection growth in FY27, though credit profiles of road assets are expected to remain stable
 "FY27 toll collection growth may moderate to 5-7% amid West Asia conflict")
After stable Q4, cement firms feel the grind over West Asia conflict
Rising fuel and packaging costs linked to the conflict may weigh on the sector's margins
 "After stable Q4, cement firms feel the grind over West Asia conflict")
Grade-A office vacancies may fall up to 16% in FY27: Crisil Ratings
Crisil Ratings says healthy leasing growth and steady demand-supply dynamics may reduce vacancy levels, though AI-led disruptions and geopolitical risks remain concerns
 "Grade-A office vacancies may fall up to 16% in FY27: Crisil Ratings")
Mounting costs turn the heat on India Inc amid West Asia conflict
Firms diversify sourcing, redraw playbook, increase prices to tide over crisis
 "Mounting costs turn the heat on India Inc amid West Asia conflict")
Five listed Reits in India distributed over ₹2,500 crore in Q4FY26
India's five listed Reits distributed over Rs 2,566 crore to more than 4.25 lakh unitholders in Q4 FY26 amid rising investor participation and portfolio expansion
 "Five listed Reits in India distributed over ₹2,500 crore in Q4FY26")
Kalpataru signs cluster redevelopment project with ₹1,250 cr GDV in MMR
The cluster redevelopment project in Kandivali East spans 2.8 acres and comprises five adjacent societies with residential and high-street retail development
 "Kalpataru signs cluster redevelopment project with ₹1,250 cr GDV in MMR")
Kirloskar Group sharpens real estate focus with broader asset class plans
Kirloskar Industries Group, through Avante Spaces, plans to expand across office, mixed-use and residential projects as conglomerates deepen their real estate presence
 "Kirloskar Group sharpens real estate focus with broader asset class plans")
Reliance Infra Q4 results: Profit falls 79% to Rs 918 cr, expenses rise 12%
Reliance Infrastructure's revenue from operations dipped 2.59 per cent in the March quarter, while its board approved plans to raise up to Rs 3,000 crore
 "Reliance Infra Q4 results: Profit falls 79% to Rs 918 cr, expenses rise 12%")
India's top listed real-estate developers ended FY26 on stable footing
Leading listed real estate developers outperform broader housing market slowdown in FY26, aided by premium housing demand, disciplined launches and strong execution
 "India's top listed real-estate developers ended FY26 on stable footing")
Blackstone-backed Kolte-Patil Developers incurs loss of ₹15.8 cr in Q4 FY26
Blackstone-backed Kolte-Patil Developers reports Q4 FY26 loss as lower revenue recognition offsets strong collections and steady housing sales
 "Blackstone-backed Kolte-Patil Developers incurs loss of ₹15.8 cr in Q4 FY26")
Godrej Properties ties up with Tata Projects for contracts worth ₹1,100 cr
Tata Projects will execute construction work for three luxury residential developments by Godrej Properties along Gurugram's Golf Course Road
 "Godrej Properties ties up with Tata Projects for contracts worth ₹1,100 cr")
JSW Cement's Q4 profit up 11x on one-time tax benefit, higher revenue
JSW Cement reported an 11-fold jump in Q4 profit, aided by a one-time tax benefit and higher cement and GGBS sales
 "JSW Cement's Q4 profit up 11x on one-time tax benefit, higher revenue")