 "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 47 - Prachi Pisal
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")
Adani Group most attractive among Indian investment grade cos: Nomura
The Japanese firm also sees 'minimal risk' of termination of 8 gigawatt (GW) Solar Energy Corporation of India (SECI) solar manufacturing-linked projects
 "Adani Group most attractive among Indian investment grade cos: Nomura")
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")