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 8 - Prachi Pisal
India to boost local fleet to achieve shipbuilding self-reliance: Sonowal
Sonowal said that in the past 11 years, India's port capacity has doubled from 1,350 million tonnes per annum (MTPA) to 2,700 MTPA
 "India to boost local fleet to achieve shipbuilding self-reliance: Sonowal")
Stars and numbers guide luxury homebuyers as well, say developers
Developers say even the most globally exposed buyers see the practice less as a superstition and more as symbolic alignment
 "Stars and numbers guide luxury homebuyers as well, say developers")
Ikea India expands Pune footprint with 37,000 sq ft retail lease
Ikea India's new retail lease in Pune's Phoenix Marketcity marks another step in the brand's omnichannel growth strategy across key urban markets
 "Ikea India expands Pune footprint with 37,000 sq ft retail lease")
Luxe breathes easy: Clean air homes are in demand amid rising air pollution
Premiums rise as AQI-assured homes attract eco-conscious buyers
 "Luxe breathes easy: Clean air homes are in demand amid rising air pollution")
Coworking firms scale up, tapping demand for bespoke office solutions
Customised, personalised solutions enable cos to command premium versus standard rentals/leases
 "Coworking firms scale up, tapping demand for bespoke office solutions")
RBI's proposal on ECB likely to give realty sector a funding boost
Proposal allows External Commercial Borrowings for real-estate activities where FDI is permitted
 "RBI's proposal on ECB likely to give realty sector a funding boost")
Realty developers see a cracker of sales in key cities this festival season
Festive cheer sustains housing market momentum amid broader headwinds
 "Realty developers see a cracker of sales in key cities this festival season")
UltraTech Cement Q2 profit jumps 75%; unveils ₹10,255-cr expansion plan
Revenue from operations rose 20.3 per cent YoY to ₹19,606.93 crore. Grey cement volumes grew 7.1 per cent YoY, while realisations improved 4.5 per cent
 "UltraTech Cement Q2 profit jumps 75%; unveils ₹10,255-cr expansion plan")
House of Hiranandani to invest ₹500 cr for premium office tower in Andheri
The one-acre Andheri project will add 400,000 sq ft of leasable space as House of Hiranandani expands its Mumbai commercial footprint; JLL India advised the transaction
 "House of Hiranandani to invest ₹500 cr for premium office tower in Andheri")
JSW Infrastructure Q2 profit dips 2.8% to ₹361 crore; revenue rises 26%
Depreciation rose to ₹149 crore from ₹134 crore a year earlier, driven by Navkar's consolidation and project capitalisation at South West Port, Goa
 "JSW Infrastructure Q2 profit dips 2.8% to ₹361 crore; revenue rises 26%")
Sunteck Realty's Q2 profit jumps 41% amid improved operating efficiency
The company's EBITDA for the quarter stood at ₹78 crore, up 108 per cent Y-o-Y. Meanwhile, the EBITDA margin grew to 31 per cent, up 873 basis points
 "Sunteck Realty's Q2 profit jumps 41% amid improved operating efficiency")
Real estate developer Kalpataru's Q2FY26 pre-sales grow 19% to ₹1,329 cr
For the first half of the financial year 2025-26 (H1FY26), the company recorded a 43 per cent Y-o-Y increase in its pre-sales. The pre-sales stood at ₹2,577 crore compared with ₹1,799 crore in H1FY25
 "Real estate developer Kalpataru's Q2FY26 pre-sales grow 19% to ₹1,329 cr")
India's retail REIT market may hit Rs 80,000 crore by 2030: Anarock
Indian retail Reit market expected to be worth Rs 60,000-80,000 crore by 2030
 "India's retail REIT market may hit Rs 80,000 crore by 2030: Anarock")
Festive surge: MahaRERA approves 405 realty projects across Maharashtra
MahaRERA approved 405 new real estate projects during Dussehra - its highest-ever single-day festive clearances - with a total of 809 approvals, extensions and corrections across Maharashtra
 "Festive surge: MahaRERA approves 405 realty projects across Maharashtra")
Mumbai's Bandra Bay to unlock ₹1 trillion in luxury real estate potential
A report projects 8 million sq ft of luxury waterfront development worth ₹1 trillion near BKC, with leading developers including Adani Realty and Hiranandani on board
 "Mumbai's Bandra Bay to unlock ₹1 trillion in luxury real estate potential")
Oberoi Realty's Q2 FY26 profit grows 29% to Rs 760 cr; dividend declared
Revenue surges 34.8% YoY to Rs 1,779 crore; company declares second interim dividend of Rs 2 per share for FY26
 "Oberoi Realty's Q2 FY26 profit grows 29% to Rs 760 cr; dividend declared")
Nuvoco Vistas posts ₹36.43 cr profit in Q2 FY26 amid product premiumisation
Nirma Group-owned cement maker reports record Q2 Ebitda of ₹371 crore and 44% share of premium products, reversing last year's loss of ₹85.17 crore
 "Nuvoco Vistas posts ₹36.43 cr profit in Q2 FY26 amid product premiumisation")
Embassy Group repays ₹1,748 cr of debt via WeWork India IPO proceeds
The company used proceeds from the WeWork India offer for sale to repay NCDs, slashing leverage and cutting its share pledge to just 15 per cent.
 "Embassy Group repays ₹1,748 cr of debt via WeWork India IPO proceeds")
IRB InvIT Fund raises ₹3,248 cr through institutional placement
India's first listed infrastructure investment trust to use funds for acquiring three BOT highway assets, nearly doubling portfolio value to ₹16,000 crore
 "IRB InvIT Fund raises ₹3,248 cr through institutional placement")
Godrej Properties buys 26-acre Bengaluru plot, eyes ₹1,100 cr in revenue
In South Bengaluru, Godrej Properties already has its footprint through projects such as Godrej Park Retreat and Godrej Lakeside Orchards
 "Godrej Properties buys 26-acre Bengaluru plot, eyes ₹1,100 cr in revenue")