 "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 37 - Prachi Pisal
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")
JP Morgan sees no signs of stress across key Adani Group entities
Global brokerage gives 'overweight' rating to four Adani Group bonds, but sounds a note of caution on a bond issued by Adani Green Energy
 "JP Morgan sees no signs of stress across key Adani Group entities")
Realty, infra firms say CRR cut positive for sector, will infuse liquidity
RBI's decision will enable banks to have more funds to lend, they say
Homes worth Rs 5.1 trn be sold across top Indian cities in 2024: JLL
Between January and September 2024, homes worth Rs 3.8 trillion were sold across the top seven Indian cities
 "Homes worth Rs 5.1 trn be sold across top Indian cities in 2024: JLL")
Godrej Properties QIP raises Rs 6,000 cr, logs demand 4 times issue size
Company say QIP largest by an Indian real estate company; proceeds will be used on pipeline of projects
 "Godrej Properties QIP raises Rs 6,000 cr, logs demand 4 times issue size")
Adani Group firms' balance sheet improved in 2 years; debt rose: Bernstein
Debt burden primarily on Adani Enterprises; group's cash reserve has increased 75% since March 2023
 "Adani Group firms' balance sheet improved in 2 years; debt rose: Bernstein")
India's prime, REIT-worthy office stock is worth Rs 4.5 trillion: Report
The REITs' market capitalisation is about 13.7 per cent of the total listed real estate sector in India
 "India's prime, REIT-worthy office stock is worth Rs 4.5 trillion: Report")
Top Indian cities report about 1 million unsold housing units: Study
The new housing supply during Q3 2024 declined by 19 per cent YoY
 "Top Indian cities report about 1 million unsold housing units: Study")
Gopalpur Ports' credit rating upgraded 6 notches post-acquisition by APSEZ
The upgrade by CareEdge Ratings follows subsequent prepayment of 64 per cent of external debt supported by funds infusion from APSEZ
 "Gopalpur Ports' credit rating upgraded 6 notches post-acquisition by APSEZ")
Raymond Realty may get listed in Q2 FY26, says CEO Harmohan Sahni
Raymond Realty CEO Harmohan Sahni said the firm had six projects with three more estimated to be launched next year
 "Raymond Realty may get listed in Q2 FY26, says CEO Harmohan Sahni")
Real estate major Godrej Properties seeks Rs 6,000 crore through QIP
The company aims to utilise the net proceeds of the issue for the acquisition of land and land development rights, as well as general corporate purposes
 "Real estate major Godrej Properties seeks Rs 6,000 crore through QIP")
Gautam Adani, Sagar not charged with violation of FCPA of US: Adani Green
Group shares gain Rs 1.22 trn on Wednesday
 "Gautam Adani, Sagar not charged with violation of FCPA of US: Adani Green")
Rising income levels to optimise home affordability in next 12 months: JLL
Kolkata is estimated to be the most affordable city, while Mumbai may reach near-optimal affordability levels in 2025
 "Rising income levels to optimise home affordability in next 12 months: JLL")
Nippon Life India acquires commercial spaces worth Rs 486 crore in Mumbai
The transactions were registered with the inspector general of registration (IGR) on November 21
 "Nippon Life India acquires commercial spaces worth Rs 486 crore in Mumbai")
Comfortable liquidity, enough debt cover for 28 months: Adani group
Group reports Rs 53K cr cash buffer, robust operational cash flow amid bribery charges
 "Comfortable liquidity, enough debt cover for 28 months: Adani group")
Property Share files offer document for Rs 353 crore IPO of its SM Reit
Property Share Investment Trust (PSIT) is India's first registered small and medium real estate investment trust (SM Reit)
 "Property Share files offer document for Rs 353 crore IPO of its SM Reit")
Ashoka Buildcon receives LOA for Nhai project worth Rs 1,391 crore
The company was declared as the lowest bidder (L-1) during the bidding procedures for the project
 "Ashoka Buildcon receives LOA for Nhai project worth Rs 1,391 crore")
Mumbai, Delhi rank among top 5 APAC mkts for prime residential price growth
Mumbai recorded an 11.5 per cent YoY increase in luxury property prices in Q3 2024, ranking as the 14th most expensive APAC prime residential market
APAC investors invested $1.3 bn in Indian real estate between Jan-Sep 2024
Indian real estate received institutional investments of $4.7 billion between January and September 2024
Raymond receives NOC from exchanges for demerger of its realty business
After the demerger, the resulting company, Raymond Realty Limited (RRL), will be listed on both stock exchanges after obtaining the necessary approvals
 "Raymond receives NOC from exchanges for demerger of its realty business")