 "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 6 - Prachi Pisal
L&T bets on green hydrogen, battery storage, T&D to drive utilities growth
L&T is scaling up its utilities business by focusing on green hydrogen, large battery storage projects and a booming transmission and distribution segment in India and overseas
 "L&T bets on green hydrogen, battery storage, T&D to drive utilities growth")
Vertis InvIT weighs public listing to tap deeper domestic capital pools
Backed by KKR and OTPP, Vertis InvIT is evaluating a shift to a publicly listed structure as domestic institutional demand, liquidity and regulatory support reshape India's InvIT market
 "Vertis InvIT weighs public listing to tap deeper domestic capital pools")
Eternal's Goyal tops Hurun India's 2025 self-made entrepreneurs list
Deepinder Goyal ranks first on the Hurun-IDFC FIRST Top 200 list of self-made entrepreneurs of the millennia, as newer consumer-focused ventures reshape India's wealth hierarchy
 "Eternal's Goyal tops Hurun India's 2025 self-made entrepreneurs list")
Brookfield to invest $1 bn to develop Asia's largest GCC in Maharashtra
The 2 million sq ft campus, set for 2029 completion, will create over 30,000 jobs and house a multinational bank's GCC
 "Brookfield to invest $1 bn to develop Asia's largest GCC in Maharashtra")
India's top real estate developers step up push into plotted development
Developers, including DLF, Godrej Properties, Brigade, Prestige, Puravankara, Mahindra Lifespaces, Rustomjee and several others have been launching large-format, plotted land communities
 "India's top real estate developers step up push into plotted development")
Maharashtra move to overhaul pagdi system set to revive stalled projects
Mumbai's long-stalled pagdi redevelopment ecosystem could finally shift as the Maharashtra government prepares a dedicated framework, promising clearer FSI norms, fast-track courts
 "Maharashtra move to overhaul pagdi system set to revive stalled projects")
L&T eyes global nuclear supply chain as demand for clean energy rises
The company eyes sharp international growth as nuclear demand accelerates
 "L&T eyes global nuclear supply chain as demand for clean energy rises")
Brookfield India Reit raises ₹3,500 cr via QIP to fund expansion plans
The Reit's manager has approved the allotment of about 10.93 crore units to successful eligible institutional investors at an issue price of ₹320 per unit
 "Brookfield India Reit raises ₹3,500 cr via QIP to fund expansion plans")
Birla Estates aims for top 3 spot in core markets with ₹45,000 cr pipeline
Aditya Birla group's realty arm eyes commercial scale-up via partnerships
 "Birla Estates aims for top 3 spot in core markets with ₹45,000 cr pipeline")
Welspun One invests ₹550 crore to build logistics park in Pune's Talegaon
Welspun One will invest Rs 550 crore to develop a 1.2 msf grade-A logistics park on a 46-acre MIDC-notified land parcel in Talegaon MIDC Phase IV, Pune, targeting high-demand sectors
 "Welspun One invests ₹550 crore to build logistics park in Pune's Talegaon")
Birla Estates' premium Gurugram proj worth ₹1,800 cr sold out in 24 hrs
Birla Estates' premium Gurugram project Birla Pravaah sold out within 24 hours of launch, generating over Rs 1,800 crore in sales across 492 units as demand for premium homes stays strong
 "Birla Estates' premium Gurugram proj worth ₹1,800 cr sold out in 24 hrs")
Realty faces execution pressure as developers expand launch pipelines
Top four listed real estate firms plan ₹1.13 trn worth of launches in near-medium term
 "Realty faces execution pressure as developers expand launch pipelines")
L&T begins realty consolidation, to move Realty BU to L&T Realty arm
L&T has approved transferring its Realty BU to wholly owned L&T Realty through a slump sale under a scheme, kicking off a phased consolidation of all real estate assets under one entity
 "L&T begins realty consolidation, to move Realty BU to L&T Realty arm")
RBI's 25-bps repo rate cut may revive housing demand as EMIs ease
The rate cut comes at a time when housing sales across the top Indian cities are moderating, with affordability concerns being one of the key factors behind the plateauing
 "RBI's 25-bps repo rate cut may revive housing demand as EMIs ease")
Blackstone-backed Nexus Select Trust eyes three malls in eastern India
Blackstone-backed mall operator eyes expansion in Kolkata, Patna, Ranchi and Guwahati as it moves to double its portfolio to 30 malls by 2030
 "Blackstone-backed Nexus Select Trust eyes three malls in eastern India")
Nexus Select Trust buys 60,000 sq ft at Elante Chandigarh for ₹253.7 crore
Nexus Select Trust acquired retail space at Nexus Elante in Chandigarh at an enterprise value of Rs 253.7 crore, funding the deal via commercial paper and cash while keeping its loan-to-value at 18%
JSW Steel, JFE to form 50:50 JV for BPSL steel business at ₹15,750 crore
The deal is aimed at bolstering the growth of the two steelmakers, whose partnership goes back to 2009, when they signed a comprehensive agreement
 "JSW Steel, JFE to form 50:50 JV for BPSL steel business at ₹15,750 crore")
Mahindra Lifespaces secures ₹1,010 cr redevelopment project in Mumbai
Work will 'transform' existing housing cluster into a modern community, says company
 "Mahindra Lifespaces secures ₹1,010 cr redevelopment project in Mumbai")
Mumbai gasps under a blanket of smog, BMC swings into pollution-war mode
The civic body said Mumbai's air quality has improved since November 26, supported by ongoing measures and wind speeds rising to 10-18 kilometres per hour
 "Mumbai gasps under a blanket of smog, BMC swings into pollution-war mode")
Godrej Properties highest bidder for five-acre land parcel in Hyderabad
To develop premium residential project, eyeing ₹4,150 cr in revenue
 "Godrej Properties highest bidder for five-acre land parcel in Hyderabad")