 "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 33 - Prachi Pisal
Hiranandani Group enters Pune market with Rs 7,000 crore JV project
The company will develop a 105-acre integrated township in Hinjewadi, Pune
 "Hiranandani Group enters Pune market with Rs 7,000 crore JV project")
Listed realtors report mixed bag Q3 as home sales moderate in top cities
Project approvals slow down but most companies expect to meet their annual guidance
 "Listed realtors report mixed bag Q3 as home sales moderate in top cities")
UAE-based NMDC Group PJSC to invest Rs 21,000 cr for Vadhvan Port Project
Under the MoU, NMDC Group PJSC will invest in developing the offshore land of Vadhvan coast, involving dredging, reclamation, and shore protection
 "UAE-based NMDC Group PJSC to invest Rs 21,000 cr for Vadhvan Port Project")
Mahindra Lifespaces inks Rs 1,650 crore pact with Livingstone Infra
The project is located in Mahalaxmi, a prime Mumbai area
 "Mahindra Lifespaces inks Rs 1,650 crore pact with Livingstone Infra")
Dilip Buildcon's Q3 FY25 results: Profit rises 7.4% to Rs 115.3 crore
The company's revenue from operations declined by 9.98 per cent YoY
 "Dilip Buildcon's Q3 FY25 results: Profit rises 7.4% to Rs 115.3 crore")
India records 15% increase in GCC lease deals in 2024: Knight Frank
Bengaluru emerging as the most preferred market
 "India records 15% increase in GCC lease deals in 2024: Knight Frank")
Private equity investors see public markets driving exits in India
Healthcare and life sciences are emerging as key sectors for private capital, with significant deal flow and exits
 "Private equity investors see public markets driving exits in India")
IFC invests Rs 860 crore in Cube InvIT's sustainability-linked bond
Earlier, the InvIT completed the acquisition of 100 per cent equity shareholding of NAM Expressway at a consideration of Rs 717.60 crore on February 12, 2025
 "IFC invests Rs 860 crore in Cube InvIT's sustainability-linked bond")
Real estate firms dominate QIP market in 2024, raise Rs 22,320 cr: Report
Institutional investors 'extremely bullish' about sector's growth potential, it says
'Capital-starved real estate offers significant investment opportunities'
Housing accounts for the largest share of the overall real estate
Arkade Developers bags cluster redevelopment project with GDV of Rs 1.7k cr
The project will offer a total saleable area of approximately 6.76 lakh square feet
 "Arkade Developers bags cluster redevelopment project with GDV of Rs 1.7k cr")
Maharashtra invites realtors to develop 3,360 acres owned by state bus corp
Developers will be given commercial portions on a lease period that is proposed to be extended up to 99 years
 "Maharashtra invites realtors to develop 3,360 acres owned by state bus corp")
Ashoka Buildcon Q3FY25 results: Profit grows multifold to Rs 654.51 crore
The company's revenue, however, declined by 10.13 per cent Y-o-Y
 "Ashoka Buildcon Q3FY25 results: Profit grows multifold to Rs 654.51 crore")
Signature Global Q3FY25 results: Revenue grows multifold to Rs 830 crore
The company's PAT for Q3FY25 stood at almost Rs 29 crore, against just Rs 2 crore in Q3FY24
 "Signature Global Q3FY25 results: Revenue grows multifold to Rs 830 crore")
Four listed REITs distribute Rs 1,505 crore to unitholders in Q3
The distributions rose by nearly 17 per cent from Rs 1,289 crore distributed in Q3 FY24
 "Four listed REITs distribute Rs 1,505 crore to unitholders in Q3")
Anil Ambani's R-Infra settles dispute with CPL for Rs 6,503 crore
CPL's assets of Rs 5,777.13 crore stand assigned or transferred to R-Infra
 "Anil Ambani's R-Infra settles dispute with CPL for Rs 6,503 crore")
Cube Highways InvIT buys two road assets at enterprise value of Rs 4,184 cr
Both the assets are annuity-based and located in Jammu and Kashmir
 "Cube Highways InvIT buys two road assets at enterprise value of Rs 4,184 cr")
Godrej Group-owned Anamudi Real Estates buys Rs 80.83 cr land in Mumbai
The land is located in Juhu, a prime Mumbai location, and spans an area of around 560 square metres
 "Godrej Group-owned Anamudi Real Estates buys Rs 80.83 cr land in Mumbai")
RBI rate cut: Real estate firms expect mid-housing segments to thrive
Niranjan Hiranandani, chairman of the National Real Estate Development Council and co-founder and managing director (MD) of Mumbai-based Hiranandani Group, said
 "RBI rate cut: Real estate firms expect mid-housing segments to thrive")
Sobha Q3 FY25 results: Net profit rises over 43% to Rs 21.7 crore
The company's total expenses during the third quarter of FY25 surged by 77.30 per cent Y-o-Y
 "Sobha Q3 FY25 results: Net profit rises over 43% to Rs 21.7 crore")