 "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 44 - Prachi Pisal
Luxury home sales surge 37.8% across top seven cities in Jan-Sept 2024
Overall, about 225,000 units were sold across the top seven Indian cities during the period, says CBRE
 "Luxury home sales surge 37.8% across top seven cities in Jan-Sept 2024")
Godrej Properties secures 3 adjoining plots totalling 6.5 acres in Mumbai
The three adjoining plots measuring nearly 6.5 acres are located in Kharghar, MMR
 "Godrej Properties secures 3 adjoining plots totalling 6.5 acres in Mumbai")
Industrial and warehousing leasing up 17% growth in 9 months: Report
The 3PL segment accounted for 35% of the total Grade A space uptake in the first three quarters of CY 2024
 "Industrial and warehousing leasing up 17% growth in 9 months: Report")
PE investments in Indian real estate sector decline 4% in H1 FY25
The decline is said to be mainly due to a 79% drop in investments in the office sector
 "PE investments in Indian real estate sector decline 4% in H1 FY25")
Ahead of elections, Mumbai entry points go toll-free for light vehicles
Toll collection contracts could demand fresh negotiations and adjustments
 "Ahead of elections, Mumbai entry points go toll-free for light vehicles")
Oberoi Realty's board approves proposal to raise up to Rs 6,000 cr
Company acquired Nirmal Lifestyle Realty Private under the Insolvency and Bankruptcy Code in August
 "Oberoi Realty's board approves proposal to raise up to Rs 6,000 cr")
Politicians to film stars: Who's who queue up to bid farewell to Ratan Tata
Within just a few hours, thousands of people lined up to pay their respects to Tata's remains
 "Politicians to film stars: Who's who queue up to bid farewell to Ratan Tata")
Top eight listed developers pare debt by 54% in Q1 FY25, says report
Collective booking value of these 8 real estate developers rose sharply by 234 per cent since 2019
 "Top eight listed developers pare debt by 54% in Q1 FY25, says report")
Hopes dashed but prudent approach: Realtors on unchanged repo rate
The industry experts believed that a rate cut would have helped the momentum to continue amid the festive quarter
 "Hopes dashed but prudent approach: Realtors on unchanged repo rate")
JSW Infra receives LoI to develop port project worth over Rs 4,000 cr
The Rs 4,259 crore multi-purpose port in Maharashtra will handle captive, bulk, and dry bulk cargo
 "JSW Infra receives LoI to develop port project worth over Rs 4,000 cr")
IRB Infrastructure to raise debt of up to $200 million via bond issue
As per the company's stock exchange filing, the amount is to be raised 'to meet the company's financial requirements'
 "IRB Infrastructure to raise debt of up to $200 million via bond issue")
Small Indian cities to witness high retail developments by 2029: Report
30 per cent of institutionally held retail assets are located across 12 Tier II and Tier III Indian cities
 "Small Indian cities to witness high retail developments by 2029: Report")
Affordable housing supply in India's top 6 cities slows to a trickle
Costs for such projects unviable, says real estate companies that see better gains in luxury properties
 "Affordable housing supply in India's top 6 cities slows to a trickle")
PM Modi to launch infra projects, agri schemes in Maharashtra on Saturday
The projects include the first phase of Mumbai Metro Line 3 Aqua Line, which is built at a cost of Rs 14,120 crore. The overall cost of the project is stated to be Rs 37,276 crore
 "PM Modi to launch infra projects, agri schemes in Maharashtra on Saturday")
Macrotech Developers posts highest-ever quarterly pre-sales of Rs 4,290 cr
The company expressed its interest in exploring opportunities to scale its digital infrastructure portfolio
First 3 quarters of 2024 witness office space leasing of 53.43 msf: Report
Gross leasing for the year is estimated to be about 70 msf
 "First 3 quarters of 2024 witness office space leasing of 53.43 msf: Report")
Realty sector gets institutional investment wirth $1.1 bn in Q3: Report
The sector witnessed 45 per cent growth in investments on a yearly basis
Godrej Properties' board approves Rs 6,000 cr fund raise through securities
The funds will be raised in one or more tranches through public and/or private offerings
 "Godrej Properties' board approves Rs 6,000 cr fund raise through securities")
RInfra board approves proposal to raise Rs 2,930 crore through FCCBs
Approves ESOP scheme for all its employees and those of its subsidiaries
 "RInfra board approves proposal to raise Rs 2,930 crore through FCCBs")
L&T eyes up to Rs 40,000 crore in pre-sales from real estate business
Plans land acquisition, seeks to add 25-30 million SQFT per year to portfolio
 "L&T eyes up to Rs 40,000 crore in pre-sales from real estate business")