 "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 7 - Prachi Pisal
Nuvoco Vistas Q4 FY26 profit falls 15% despite rise in revenue, volumes
Nuvoco Vistas reports a 15 per cent year-on-year decline in Q4 FY26 profit, even as revenue, volumes, and Ebitda grew on strong demand and premiumisation
 "Nuvoco Vistas Q4 FY26 profit falls 15% despite rise in revenue, volumes")
JNPA says ops efficiency maintained amid global supply chain uncertainties
JNPA says it has maintained operational efficiency despite global supply disruptions, with improved container dwell time, steady cargo movement, and strong performance indicators in FY26
 "JNPA says ops efficiency maintained amid global supply chain uncertainties")
Dharavi Sector-6 set for rehab work as DRP seeks residents' support
DRP has asked Sector-6 residents in Dharavi to vacate tenements ahead of monsoon to enable timely rehabilitation construction, offering transit housing, rent support and modern homes
 "Dharavi Sector-6 set for rehab work as DRP seeks residents' support")
Birla Estates receives bookings of ₹650 crore at Bengaluru project
Developer sells over 85 per cent of launched inventory in Bengaluru project, with cumulative bookings across phases nearing ₹2,459 crore amid strong demand in Devanahalli
 "Birla Estates receives bookings of ₹650 crore at Bengaluru project")
Cement firms to post strong Q4 volumes, but costs may weigh on margins
Cement companies are likely to report healthy volume growth in Q4 FY26 on strong demand and capex push, but rising fuel and packaging costs may weigh on profitability and margins
 "Cement firms to post strong Q4 volumes, but costs may weigh on margins")
Citius TransNet Investment Trust's ₹1,105 crore IPO to open on April 17
Citius TransNet InvIT will launch its Rs 1,105 crore IPO on April 17, aiming to expand its road portfolio through acquisition of 11 HAM assets
 "Citius TransNet Investment Trust's ₹1,105 crore IPO to open on April 17")
India's data centre market size to double to $22 billion by 2030: Report
India's data centre market is projected to grow sharply on rising AI workloads, cloud adoption and digital consumption, with strong investment flows and capacity expansion across key markets
 "India's data centre market size to double to $22 billion by 2030: Report")
Pi Data Centers to launch Mumbai facility, partners JLL for India expansion
Pi Data Centers will launch its first Mumbai facility by August 2026 and partner with JLL to support a 23 MW expansion, amid rising demand for AI-ready infrastructure across India
 "Pi Data Centers to launch Mumbai facility, partners JLL for India expansion")
Godrej Properties logs record bookings, business development in FY26
Developer reports highest-ever bookings, collections and business development in FY26, driven by strong housing demand, robust launch pipeline and sustained momentum across key metro markets
 "Godrej Properties logs record bookings, business development in FY26")
HoABL launches 1% payment plan to boost Naigaon housing demand near Mumbai
HoABL introduces a 1% monthly payment plan for its Naigaon project to reduce upfront costs, improve loan access, and attract entry-level homebuyers amid affordability concerns
 "HoABL launches 1% payment plan to boost Naigaon housing demand near Mumbai")
India's real estate records PE deals worth $4.3 billion in FY26: Anarock
Private equity investments rebound after two subdued years, with equity-led deals and rising domestic participation signalling improved depth in real estate capital markets
 "India's real estate records PE deals worth $4.3 billion in FY26: Anarock")
ASK Property Fund announces Rs 400 cr exit from MMR, Gurgaon investments
Fund exits two residential real estate investments in Mumbai and Gurgaon, realising strong returns with IRRs of up to 21 per cent and healthy investment multiples
 "ASK Property Fund announces Rs 400 cr exit from MMR, Gurgaon investments")
Sri Lotus to launch ₹8,000 crore luxury coastal projects in Mumbai
Developer plans 11 sea-facing projects across key Mumbai locations, betting on sustained HNI demand and overseas interest despite recent softness in housing sales
 "Sri Lotus to launch ₹8,000 crore luxury coastal projects in Mumbai")
Permira to invest $100 million in SILA to back expansion, tech push
Permira to invest $100 million in SILA to support technology-led expansion and strengthen its presence across India's built-environment services ecosystem
 "Permira to invest $100 million in SILA to back expansion, tech push")
Stable repo rate to sustain housing demand, office leasing momentum
Industry stakeholders say stable borrowing costs will sustain homebuyer confidence, support demand across residential and commercial segments, and provide predictability amid economic uncertainty
 "Stable repo rate to sustain housing demand, office leasing momentum")
India's residential market cools; office leasing hits quarterly high
Residential demand shows early signs of moderation amid rising prices and affordability pressures, while office leasing surges on strong GCC demand and tightening vacancy levels
 "India's residential market cools; office leasing hits quarterly high")
Nexus Select Trust to acquire Kolkata's Diamond Plaza mall for ₹347.5 cr
Acquisition of Diamond Plaza in Kolkata will help Nexus Select Trust expand its footprint in eastern India and strengthen its retail portfolio
 "Nexus Select Trust to acquire Kolkata's Diamond Plaza mall for ₹347.5 cr")
Savills acquires majority stake in Hotelivate to expand APAC advisory
Deal aims to build a unified hospitality advisory platform across Asia Pacific, combining Hotelivate's sector expertise with Savills' global real estate capabilities
 "Savills acquires majority stake in Hotelivate to expand APAC advisory")
Birla Estates clocks over ₹1,600 crore in bookings at Gurugram project
Nearly 97 per cent of the residences - 152 of 156 units - have been sold, underlining strong buyer confidence in the brand's luxury developments in Gurugram
Iran war-led deferments drag Lodha Developers' FY26 pre-sales below target
The company expects to reduce business development investments over the next 24 months and increase free cash flow
 "Iran war-led deferments drag Lodha Developers' FY26 pre-sales below target")