 "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
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")
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")
India's student housing market expected to expand as demand rises
Student enrolment in higher education was 43.3 million in 2021-22, increasing 26.5 per cent from 34.2 million in 2014-15, according to data from the Ministry of Education
 "India's student housing market expected to expand as demand rises")
Godrej Properties Q3 results: Net profit surges 161% to Rs 162.64 crore
During the quarter, the company's earnings before interest, taxes, depreciation and amortisation (Ebitda) grew by 85 per cent to Rs 280 crore
 "Godrej Properties Q3 results: Net profit surges 161% to Rs 162.64 crore")
SWAMIH boosts affordable housing, fund of Rs 15,000 cr to be established
Under the SWAMIH Fund, 50,000 dwelling units in stressed housing projects have been completed, and keys handed over to homebuyers
 "SWAMIH boosts affordable housing, fund of Rs 15,000 cr to be established")
Mahindra Lifespace Developers' loss widens to Rs 22.5 crore in Q3FY25
The company's pre-sales for the quarter stood at Rs 334 crore, down by 24.61 per cent, year on year (Y-o-Y)
 "Mahindra Lifespace Developers' loss widens to Rs 22.5 crore in Q3FY25")
IRB Infra's Q3 FY25 results: Profit jumps multifold to Rs 6,026 crore
The company recognised exceptional gains of Rs 5,804 crore over fair-value assessments
 "IRB Infra's Q3 FY25 results: Profit jumps multifold to Rs 6,026 crore")
Mumbai sees highest Jan property registrations in 13 years: Knight Frank
About 11,773 properties were registered in January 2025, up 7 per cent Y-o-Y
 "Mumbai sees highest Jan property registrations in 13 years: Knight Frank")
Prestige Estates' Q3 result: Sales fall 43% amid absence of new launches
The company's revenue from operations also declined by 7.9 per cent YoY
 "Prestige Estates' Q3 result: Sales fall 43% amid absence of new launches")
Lodha brothers agree to solve trademark dispute through mediation
Bombay High Court appoints former Supreme Court judge R V Raveendran to mediate matter between real estate tycoons
 "Lodha brothers agree to solve trademark dispute through mediation")
Brookfield REIT Q3: NOI grows 11% amid rise in occupancy, gross leasing
The REIT declared a distribution of Rs 4.9 per unit for the quarter
Adani Ports Q3: Profit rises 14% amid moderation in cargo volume growth
The YoY cargo growth of 3.6 per cent in Q3 FY25 was offset by coal cargo handled by the company
 "Adani Ports Q3: Profit rises 14% amid moderation in cargo volume growth")
Panasonic Life Solutions India acquires land parcel in Mumbai for Rs 160 cr
The land, spanning approximately 6,586.90 square metres, was purchased from River Rose Developers LLP, as per the registration documents
 "Panasonic Life Solutions India acquires land parcel in Mumbai for Rs 160 cr")
Mindspace REIT buys commercial asset in Hyderabad for Rs 2,038 crore
Property in city central business district will 'enhance portfolio', says Mindspace
 "Mindspace REIT buys commercial asset in Hyderabad for Rs 2,038 crore")
Raymond Realty Q3FY25 results: Revenue grows 11% to Rs 487.8 crore
The company's Ebitda stood at Rs 116 crore, up 19.6 per cent YoY
 "Raymond Realty Q3FY25 results: Revenue grows 11% to Rs 487.8 crore")
Embassy REIT Q3 results: NOI rises 9.1% amid strong office demand
The REIT declared a distribution of Rs 559 crore, or Rs 5.90 per unit, for Q3 FY2025
JSW Infra Q3FY25 results: Net profit grows 31% amid higher cargo volumes
In Q3 FY25, the company handled cargo volumes of 29.4 million tonnes, up 5 per cent Y-o-Y
 "JSW Infra Q3FY25 results: Net profit grows 31% amid higher cargo volumes")