 "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
Godrej Properties acquires 8.5-acre Pune land, eyes ₹2,000 cr revenue
The real estate developer plans group housing on the land parcel in the Mahalunge-Hinjewadi micro-market, with a developable potential of about 2.1 million sq ft
 "Godrej Properties acquires 8.5-acre Pune land, eyes ₹2,000 cr revenue")
Apple to open second Mumbai store soon as it expands India retail
India to get its sixth Apple Store as the iPhone maker accelerates retail expansion, with a second Mumbai outlet planned in the coming months
 "Apple to open second Mumbai store soon as it expands India retail")
Global cities compete, Indian cities comply: Survey flags siloed governance
Calls for integrated city planning, land-use reforms, and disincentives on private vehicle use
 "Global cities compete, Indian cities comply: Survey flags siloed governance")
Eco Survey flags restrictive land-use norms as key drag on realty supply
Restrictive land-use rules and low FSI caps are choking housing supply, turning land into dead capital and worsening affordability, the Economic Survey 2025-26 warns
 "Eco Survey flags restrictive land-use norms as key drag on realty supply")
Peninsula Land banks on plotted development for next phase of growth
Peninsula Land launches Peninsula Estates to tap rising demand for plotted developments, with new projects planned in Karjat and Alibaug near Mumbai
 "Peninsula Land banks on plotted development for next phase of growth")
Q3FY26 results: Labour code costs weigh on L&T's earnings growth
L&T Q3 profit dips 4% YoY due to Rs 1,191-cr Labour Codes provision; recurring PAT up 31% amid record order inflows and 10% revenue growth
 "Q3FY26 results: Labour code costs weigh on L&T's earnings growth")
ACC Q3FY26 results: Net profit plunges 63% to ₹404 cr, revenue up 8.56%
Excluding one-offs of last year, normalised PAT is up 347%
 "ACC Q3FY26 results: Net profit plunges 63% to ₹404 cr, revenue up 8.56%")
Resale housing becomes core buying channel amid affordability crunch
Resale homes are turning into a core buying channel as rising prices and premiumisation of new launches squeeze affordability across major cities
 "Resale housing becomes core buying channel amid affordability crunch")
UltraTech Cement's Q3FY26 profit grows 27% Y-o-Y, beats analyst estimates
The company's operating earnings between interest, tax, depreciation, and amortisatio, or Ebitda, per metric tonne improved to ₹1,051, up ₹140 Y-o-Y
 "UltraTech Cement's Q3FY26 profit grows 27% Y-o-Y, beats analyst estimates")
MMRDA signs MoUs worth ₹9 trillion on day two of WEF 2026
MMRDA signed MoUs worth ₹9.52 trillion on day two of WEF 2026, taking total commitments to ₹18.25 trillion and reinforcing global investor confidence in MMR
 "MMRDA signs MoUs worth ₹9 trillion on day two of WEF 2026")
India land area transacted rises in 2025 despite slight drop in deals
Overall, at least 126 land deals involving over 3,772 acres were sealed across the country in 2025, compared with 133 deals spanning 2,514 acres in 2024
Under- 40 entrepreneurs account for nearly 1/11th of India's GDP
201 leaders run companies worth ₹31 trillion
 "Under- 40 entrepreneurs account for nearly 1/11th of India's GDP")
Raymond Realty launches ₹5,000 crore residential project in Mumbai's Wadala
Raymond Realty has entered the central Mumbai market with a ₹5,000 crore luxury residential project in Wadala, betting on strong end-user demand, rising property values and large-format lifestyle deve
 "Raymond Realty launches ₹5,000 crore residential project in Mumbai's Wadala")
Labdhi Lifestyle launches ₹1,000 cr commercial project in Mumbai's BKC
Mumbai-based Labdhi Lifestyle has launched a grade-A commercial project in Bandra Kurla Complex with a GDV of over ₹1,000 crore, banking on strong office demand amid limited new supply in core BKC
 "Labdhi Lifestyle launches ₹1,000 cr commercial project in Mumbai's BKC")
MMRDA signs 10 MoUs worth Rs 8.73 trillion on day one of WEF 2026
MMRDA signs $96 billion worth of MoUs at WEF 2026 Davos, boosting Mumbai 3.0 vision and reinforcing Maharashtra's push towards a $1 trillion economy
 "MMRDA signs 10 MoUs worth Rs 8.73 trillion on day one of WEF 2026")
Lodha signs MoU with Maharashtra to invest ₹1 trn in data centre park
The developer said the additional investment will support a 2.5 GW green integrated data centre park in the Mumbai region, expected to create over 16,000 jobs and host global players
 "Lodha signs MoU with Maharashtra to invest ₹1 trn in data centre park")
Embassy Developments to invest ₹4,500 crore to expand its Mumbai footprint
Embassy Developments will invest Rs 4,500 crore to launch three luxury residential projects in Mumbai with a GDV of Rs 12,000 crore, expanding its MMR footprint from Q4 FY26
 "Embassy Developments to invest ₹4,500 crore to expand its Mumbai footprint")
Realty firms roll out integrated platforms to tap India's GCC boom
According to Shrinivas Rao, FRICS, chief executive officer (CEO), Vestian, more than 1,850 GCCs are currently operating in India
 "Realty firms roll out integrated platforms to tap India's GCC boom")
L&T Realty acquires land rights in Mumbai's Lower Parel for ₹448 crore
L&T Realty acquires land rights in Mumbai's Lower Parel for ₹448.6 crore to develop a commercial office project in one of the city's prime micro-markets
 "L&T Realty acquires land rights in Mumbai's Lower Parel for ₹448 crore")
Oberoi Realty's Q3FY26 results: Profit grows marginally to ₹622 crore
Oberoi Realty's Q3FY26 profit rises marginally to ₹622.6 crore, missing estimates; revenue up 5.8%, no new launches during the quarter
 "Oberoi Realty's Q3FY26 results: Profit grows marginally to ₹622 crore")