 "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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Lodha achieves its highest quarterly pre-sales of Rs 4,510 crore in Q3
During the first nine months of FY25, the company's pre-sales stood at Rs 12,820 crore
 "Lodha achieves its highest quarterly pre-sales of Rs 4,510 crore in Q3")
Construction companies may witness slower revenue growth for FY25: ICRA
The credit ratings agency is expecting the execution pace of the Indian construction entities to pick in H2 FY2025
 "Construction companies may witness slower revenue growth for FY25: ICRA")
Capital Infra Trust InvIT's IPO to open on Jan 7, plans future acquisitions
For its initial portfolio, the trust will acquire, manage, and invest in nine completed and revenue-generating initial portfolio assets, aggregating approximately 682.43 km
 "Capital Infra Trust InvIT's IPO to open on Jan 7, plans future acquisitions")
ITD Cementation bags Rs 1,648 cr contract for construction at Vadhvan Port
Renew Exim DMCC, Adani Group's Dubai-based entity in October had entered into an agreement to acquire a 46.64 per cent stake in ITD Cementation in October 2024
 "ITD Cementation bags Rs 1,648 cr contract for construction at Vadhvan Port")
Dharavi Redevelopment Project changes name to Navbharat Mega Developers
Company says it is to avoid being mistaken for the government authority in the same space, which is Dharavi Redevelopment Authority (DRA)
 "Dharavi Redevelopment Project changes name to Navbharat Mega Developers")
APSEZ places order with Cochin Shipyard for 8 tugs in Rs 450 cr deal
Delivery of these boats will start from December 2026, and will continue till May 2028, the company said
 "APSEZ places order with Cochin Shipyard for 8 tugs in Rs 450 cr deal")
Housing sales, supply skid in India's top 7 cities in 2024: Report
Elections and slow project approval are among factors cited for decline in new housing supply
 "Housing sales, supply skid in India's top 7 cities in 2024: Report")
Bollywood-backed realtor Sri Lotus Developers files DRHP for Rs 792 cr IPO
Earlier this month, the company raised about Rs 408 crore through a private placement
 "Bollywood-backed realtor Sri Lotus Developers files DRHP for Rs 792 cr IPO")
Sales to investments: Win some, lose some for real estate in 2024
Industry expects housing supply to increase next year
 "Sales to investments: Win some, lose some for real estate in 2024")
IndiQube Spaces files draft papers with Sebi for Rs 850-crore IPO
The flexible workspace provider is backed by WestBridge Capital. It will use the proceeds for funding capital expenditure towards the establishment of new centres, repayment or pre-payment
 "IndiQube Spaces files draft papers with Sebi for Rs 850-crore IPO")
BPCL clears decks for Rs 95k cr Ramayapatnam refinery in Andhra Pradesh
The refinery was a commitment made in the Andhra Pradesh Reorganisation Act 2014
 "BPCL clears decks for Rs 95k cr Ramayapatnam refinery in Andhra Pradesh")
Oberoi Realty to build luxury villas, hotel in coast town Alibaug
Company tells stock exchanges it has acquired 81 acres from landowners for the project
 "Oberoi Realty to build luxury villas, hotel in coast town Alibaug")
Switzerland-based TIL to invest Rs 20,000 crore in Vadhvan Port project
Terminal Investment Limited Sarl (TIL) invests in, develops, and manages container terminals across the globe
 "Switzerland-based TIL to invest Rs 20,000 crore in Vadhvan Port project")
Bombay HC dismisses Seclink's plea challenging Dharavi revamp project award
The petitioner, SecLink Technologies Corporation, was the 'preferred bidder' in the first round of bidding, which was later scrapped
 "Bombay HC dismisses Seclink's plea challenging Dharavi revamp project award")
JSW Infra plans 400 mtpa cargo handling capacity, Rs 30K cr capex by FY30
Company to strengthen its ports in multiple states; focusing on its logistics arm too
 "JSW Infra plans 400 mtpa cargo handling capacity, Rs 30K cr capex by FY30")
Warehousing demand, rents witness surge amid diversified occupier base
The industrial and warehousing segment accounted for almost half of total institutional investments in real estate during H1CY24
 "Warehousing demand, rents witness surge amid diversified occupier base")
CPPIB, RMZ to invest $750 million in commercial project in Mumbai
The project may become one of Asia's largest office spaces
 "CPPIB, RMZ to invest $750 million in commercial project in Mumbai")
Investment commitments in data centres may cross $100 bn by 2027: Report
India's data centre capacity is estimated to reach 2,070 MW by the end of 2025
 "Investment commitments in data centres may cross $100 bn by 2027: Report")
Agarwal Holdings buys Rs 455 cr land parcel from Shapoorji Pallonji Group
Land parcel is situated in Juhu, a prime Mumbai locality
 "Agarwal Holdings buys Rs 455 cr land parcel from Shapoorji Pallonji Group")
Mumbai's infrastructure revamp takes centre stage as new govt takes charge
BJP-led govt has pledged to develop a metro network of 1,000 km across different cities of state
 "Mumbai's infrastructure revamp takes centre stage as new govt takes charge")