 "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 32 - Prachi Pisal
DLF re-enters Mumbai market with ₹800 crore premium housing project
DLF returns to Mumbai after over a decade, launching The Westpark in partnership with Trident Realty, with a four-tower phase expected to generate Rs 2,300 crore
 "DLF re-enters Mumbai market with ₹800 crore premium housing project")
Office Reits outperform BSE Realty Index amid 'heightened demand'
Global capability centres account for almost 29% of nationwide gross leasing volume
 "Office Reits outperform BSE Realty Index amid 'heightened demand'")
Sunteck Realty Q1FY26 results: Net profit jumps 47% to ₹33.43 crore
Sunteck Realty posts Rs 33.43 crore profit in Q1 FY26, up 47 per cent YoY, aided by lower expenses and strong pre-sales despite a 40 per cent revenue decline
 "Sunteck Realty Q1FY26 results: Net profit jumps 47% to ₹33.43 crore")
Anil Ambani's Reliance Infra, Power to raise ₹9,000 cr each via QIP, NCDs
Reliance Infrastructure and subsidiary Reliance Power will raise Rs 9,000 crore each via equity and debt routes, as board approvals clear fresh capital infusion
 "Anil Ambani's Reliance Infra, Power to raise ₹9,000 cr each via QIP, NCDs")
Kalpataru Q4 net profit declines 42% to ₹14 crore, revenue up 21%
Kalpataru's Q4 profit dips 42 per cent Y-o-Y but pre-sales jump 79 per cent to Rs 1,724 crore and revenue rises 21 per cent, driven by sales and project launches
 "Kalpataru Q4 net profit declines 42% to ₹14 crore, revenue up 21%")
Bollywood actor Salman Khan sells Bandra West apartment for ₹5.35 crore
Flat in Shiv Asthan Heights sold on July 15, includes three car parks; average rate in Bandra West rose 2.41 per cent year-on-year to Rs 59,163 per sq ft in Q1 CY25
 "Bollywood actor Salman Khan sells Bandra West apartment for ₹5.35 crore")
Shapoorji Pallonji Real Estate to build ₹800 cr residential project in Pune
VANAHA Verdant spans 10 lakh sq ft and is close to major IT hubs and key infrastructure, says company
 "Shapoorji Pallonji Real Estate to build ₹800 cr residential project in Pune")
JSW Infra likely to consider QIP, FPO to dilute promoters' stake
JSW Infra considers stake dilution via QIP and FPO to meet Sebi's minimum public shareholding norms as promoter group holds over 85 per cent in the company
 "JSW Infra likely to consider QIP, FPO to dilute promoters' stake")
Office space company WeWork India gets regulatory approval for IPO
Offer for sale of 43.7 mn shares; proceeds go to Embassy Buildcon and 1 Ariel Way Tenant Ltd
 "Office space company WeWork India gets regulatory approval for IPO")
AI adoption helped cut costs and gain new customers, says TVS ILP
Logistics parks operate at full capacity as AI adoption drives operational efficiency, cost reduction and higher customer retention despite global tariff challenges
 "AI adoption helped cut costs and gain new customers, says TVS ILP")
PropShare Titania's ₹473-crore SM Reit IPO set to open on 21 July
PropShare Titania IPO to offer 9% projected yield from grade A+ asset in Thane; Sebi's new SM Reit category targets retail investors via ₹10 lakh unit lots
 "PropShare Titania's ₹473-crore SM Reit IPO set to open on 21 July")
Oberoi Realty-led group to pay Rs 919 cr to acquire bankrupt hotel firm
The resolution plan was approved by the committee of creditors (CoC) on July 14 following which a letter of intent was issued in favour of the consortium
 "Oberoi Realty-led group to pay Rs 919 cr to acquire bankrupt hotel firm")
Curtains rise today on Tesla's India foray; Model Y tipped as flagbearer
Real estate analysts watching Tesla's impact on rentals closely
 "Curtains rise today on Tesla's India foray; Model Y tipped as flagbearer")
IRB Infrastructure, InvIT clock 8% growth in toll revenue in Q1 FY26
IRB Infrastructure Developers and its InvIT report an 8% YoY growth in toll revenue, reaching Rs 1,680 crore in Q1 FY26 despite the early onset of the monsoon
 "IRB Infrastructure, InvIT clock 8% growth in toll revenue in Q1 FY26")
Mahindra Logistics to raise up to ₹750 crore through rights issue
Mahindra Logistics, a Mahindra Group company, plans to raise up to ₹750 crore through a rights issue to repay borrowings and for general corporate purposes
 "Mahindra Logistics to raise up to ₹750 crore through rights issue")
CoC approves JSW Infra's resolution plan for NCR Rail Infrastructure
The Committee of Creditors (CoC) has approved JSW Infra's resolution plan for NCR Rail Infrastructure. The plan, subject to necessary regulatory approvals, aims to expand JSW Infra's logistics
 "CoC approves JSW Infra's resolution plan for NCR Rail Infrastructure")
HoABL, Mittal Builders to co-develop ₹2,000-cr township in Naigaon
The 3-million sq ft township in MMR will offer 4,600 homes and high-street retail, with infrastructure boosts like Metro Line 13 and the Delhi-Mumbai Expressway to aid growth
 "HoABL, Mittal Builders to co-develop ₹2,000-cr township in Naigaon")
Realty firms may post pre-sales growth in Q1FY26 despite demand moderation
Meanwhile, overall housing sales across the top seven Indian cities declined by 20 per cent YoY due to inexorably rising property prices and geopolitical tensions
 "Realty firms may post pre-sales growth in Q1FY26 despite demand moderation")
Tata Projects eyes order book of over Rs 60,000 cr from infra biz by 2030
The business' order book as of March 31, 2025, stood at around ₹30,000 crore, featuring projects across segments like transport infrastructure, residential, commercial, and industrial real estate
 "Tata Projects eyes order book of over Rs 60,000 cr from infra biz by 2030")
70% of APAC occupiers plan to expand warehousing portfolio in India: Report
APAC occupiers see India as a resilient logistics destination, driven by supply chain diversification, ESG focus, and infrastructure growth, says CBRE report
 "70% of APAC occupiers plan to expand warehousing portfolio in India: Report")