 "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 40 - Prachi Pisal
HDFC Capital creates ₹1.5K cr platform with Eldeco, aims ₹11K cr revenue
HDFC Capital is the investment manager to four Securities and Exchange Board of India-registered Category II alternative investment funds
 "HDFC Capital creates ₹1.5K cr platform with Eldeco, aims ₹11K cr revenue")
Realtors may post mixed Q4 results as residential demand moderates
According to Anarock, housing sales across the top seven Indian cities declined by 28 per cent in Q4 FY25, driven by soaring residential prices and geopolitical headwinds
 "Realtors may post mixed Q4 results as residential demand moderates")
Equity investments in real estate up 74% at $2.9 billion in Q1CY25
Bengaluru, Mumbai, and Delhi-NCR accounted for 67 per cent of the total equity inflows
 "Equity investments in real estate up 74% at $2.9 billion in Q1CY25")
Ajmera Realty clocks pre-sales worth Rs 1,080 crore in FY25, up 6%
Across FY25, the company launched projects including Ajmera Vihara, Ajmera Iris, and Ajmera Marina
 "Ajmera Realty clocks pre-sales worth Rs 1,080 crore in FY25, up 6%")
Traffic growth moderation may have implications for toll road entities
Toll collection growth is expected to slow down to 5-8 per cent in FY25 from 10 per cent in FY24
 "Traffic growth moderation may have implications for toll road entities")
India office rentals head north even as global markets face headwinds: Rpt
Research by Vestian showed that 2024 recorded the highest-ever leasing activity of 70.7 mn sq ft, marking an annual increase of 16%
 "India office rentals head north even as global markets face headwinds: Rpt")
Dharavi project chief says Mumbai salt pan lands safe for development
Earlier, the government of Maharashtra (GoM) allocated the salt pan land parcels across Mulund, Kanjurmarg and Bhandup to rehouse ineligible Dharavi residents
 "Dharavi project chief says Mumbai salt pan lands safe for development")
Auto, realty cos expect sales rebound after RBI slashes repo rate
Sector experts and developers said the decision could draw homebuyers back into the market, particularly in the affordable housing segment
 "Auto, realty cos expect sales rebound after RBI slashes repo rate")
MMRDA secures lines of credit worth Rs 4.07 trillion to develop MMR's infra
MMRDA is the Maharashtra government agency responsible for preparing a regional infrastructure development plan for the MMR
 "MMRDA secures lines of credit worth Rs 4.07 trillion to develop MMR's infra")
IRB Infrastructure, InvIT clock Rs 6,360 crore in toll revenues, up 23%
In FY24, the company and the InvIT recorded toll revenue of Rs 5,169 crore. The revenue growth in FY25 is significantly above the national Y-o-Y toll revenue growth of 12.5 per cent
 "IRB Infrastructure, InvIT clock Rs 6,360 crore in toll revenues, up 23%")
Arkade Developers gets redevelopment project in MMR with Rs 865 cr GDV
The project spans 7,084 square metres of area and is expected to deliver a projected saleable carpet area of approximately 2.44 lakh square feet (sq ft)
 "Arkade Developers gets redevelopment project in MMR with Rs 865 cr GDV")
Godrej Properties records highest-ever Q4, full-year bookings in FY25
At bookings worth Rs 10,163 crore, the company saw a 7% rise year-on-year in the fourth quarter. Booking for the whole FY25 were worth Rs 29,444 crore, up 31%
 "Godrej Properties records highest-ever Q4, full-year bookings in FY25")
HoABL denies forgery allegations by Macrotech, files police complaint
HoABL filed the complaint on April 3, 2025, and wrote a letter to the police on April 4, 2025. The complaint is not against any particular person
 "HoABL denies forgery allegations by Macrotech, files police complaint")
Adani Ports begins operations at Colombo West International Terminal
The CWIT project represents an investment of $800 million and features a 1,400-metre quay length and 20-metre depth
 "Adani Ports begins operations at Colombo West International Terminal")
PE in Indian realty continues to soften amid global headwinds: Anarock
From a peak of $6.4 billion in FY21, investment volumes declined to $3.7 billion in FY25
 "PE in Indian realty continues to soften amid global headwinds: Anarock")
Lodha clocks record pre-sales of Rs 4,810 crore in Q4 FY25, up 14%
Overall, in FY25, the company's pre-sales or properties sold before they're constructed stood at Rs 17,630 crore, surpassing its annual guidance of Rs 17,500 crore
Welspun One gets construction loan worth Rs 2.3K crore from Nabfid
The JNPA logistics park, spanning 55 acres, is Welspun One's largest logistics development in India
 "Welspun One gets construction loan worth Rs 2.3K crore from Nabfid")
MMRDA allocates plot to NSE in Mumbai's BKC for lease premium of Rs 757 cr
The allocated Plot C-82 in G Block, BKC, has a total area of 5,500 square metres and a built-up area of 22,000 square metres, with a permissible floor space index (FSI) of 4.00
 "MMRDA allocates plot to NSE in Mumbai's BKC for lease premium of Rs 757 cr")
JNPA, DP World's NSICT settle 20-Year tariff dispute with Rs 705 cr deal
The dispute arose in 2005 when NSICT was disallowed to recover royalty payable to the port authority as a cost item of the rate of service
 "JNPA, DP World's NSICT settle 20-Year tariff dispute with Rs 705 cr deal")
Realty sector slowdown: Recalibration of launch pipelines in the works
Real estate analysts and research firms have reported the first quarter in 2025 seeing fewer sales than previous years, largely due to rise in home prices
 "Realty sector slowdown: Recalibration of launch pipelines in the works")