Prachi Pisal

Stories by Prachi Pisal

Why Affordable Housing Will Remain Muted Despite Rate Cut

Why Affordable Housing Will Remain Muted Despite Rate Cut

Rediff.com   3 days ago

While demand for sub Rs 50-lakh affordable housing prevails, market players cite increased land rates, escalated construction costs and low margins as key prohibiting factors.

Why Mumbai, Bengaluru realtors are feeling the heat

Why Mumbai, Bengaluru realtors are feeling the heat

Rediff.com   3 Jul 2025

'Every delay directly increases the cost burden on developers. Land holding charges, financing costs, and compliance expenses escalate as approvals drag on.'

RIL to be a deep-tech, advanced manufacturing powerhouse: Mukesh Ambani

RIL to be a deep-tech, advanced manufacturing powerhouse: Mukesh Ambani

Rediff.com   26 Jun 2025

Reliance Industries (RIL), India's largest conglomerate, is set to pivot into a deeptech and advanced manufacturing enterprise, chairman and managing director (CMD) Mukesh Ambani said. "In artificial intelligence, our purpose is clear: to address complex societal challenges and create wealth for the nation and its people.

Realty firms eye revenue upside, portfolio diversification from data centre boom

Realty firms eye revenue upside, portfolio diversification from data centre boom

Rediff.com   24 Jun 2025

Data centres are increasingly becoming a key part of the real estate landscape, as reality firms - with rich expertise in land acquisition, construction and dealing with government approvals - are seeing them as opportunities to build long-term assets with continuous revenue flow.

Builders from other regions tap into Mumbai's redevelopment market

Builders from other regions tap into Mumbai's redevelopment market

Rediff.com   17 Jun 2025

Developers based outside Mumbai are making a beeline for India's largest real estate market through redevelopment projects. These include Delhi-based DLF, Bengaluru-based Prestige Estates and Puravankara, Pune-based Kolte-Patil Developers and Vascon Engineers, and Hyderabad-based Ramky Estates.

Real estate developers build a steady quarter even as demand woes bite

Real estate developers build a steady quarter even as demand woes bite

Rediff.com   13 Jun 2025

India's top listed real estate developers reported steady growth in Q4FY25, supported by healthy pre-sales, even as earnings reflected signs of moderation amid elevated housing prices and subdued launches.

Home loan rates may fall to 8%: Realty experts

Home loan rates may fall to 8%: Realty experts

Rediff.com   7 Jun 2025

Housing demand should improve nationwide after the Reserve Bank of India (RBI) cut the repo rate by a larger-than-expected 50 basis points (bps) on Friday, said real estate industry executives. The rate cut comes after housing sales in top Indian cities in the first quarter of 2025 dipped 28 per cent due to skyrocketing residential property prices and geopolitical headwinds, according to Anarock.

Tesla Gears Up in Kurla

Tesla Gears Up in Kurla

Rediff.com   4 Jun 2025

Tesla's official entry into the Indian market is expected in the final quarter of the current financial year.

Adani Ports, JSW Infra make logistics anchor for cargo growth plans

Adani Ports, JSW Infra make logistics anchor for cargo growth plans

Rediff.com   24 May 2025

Adani Ports and JSW Infrastructure, India's leading private port operators, are expanding their logistics services to capture extra cargo while they run integrated transport services. "With incrementally less availability of lucrative port assets that can drive cargo volumes, port operators have naturally shifted their focus on deriving value in the upstream integration, i.e., the logistics space.

Reliance Defence ties up with Rheinmetall to supply ammunition, explosives

Reliance Defence ties up with Rheinmetall to supply ammunition, explosives

Rediff.com   23 May 2025

Reliance Defence, promoted by Anil Ambani's Reliance Infrastructure, has partnered with German arms manufacturer Rheinmetall AG to produce ammunition in Maharashtra's Ratanagiri. As part of the agreement, Reliance Defence will supply the explosives and propellants for medium and large caliber ammunition to Rheinmetall.

Indian Reits distribute Rs 6,070 crore in FY25, up 13% from previous year

Indian Reits distribute Rs 6,070 crore in FY25, up 13% from previous year

Rediff.com   16 May 2025

India's four listed Real Estate Investment Trusts (Reits) collectively distributed 13 per cent more funds to their shareholders in fourth quarter of financial year 2024-25 (Q4FY25) at Rs 1,553 crore on year, reflecting the growing strength of the sector fuelled by strong leasing activity, especially from Global Capability Centres (GCCs).

Why Mumbai's Luxe Homes Are Losing Their Shine

Why Mumbai's Luxe Homes Are Losing Their Shine

Rediff.com   24 Apr 2025

Mumbai -- home to industry titans and Bollywood stars -- is witnessing a slow offtake of houses priced between Rs 10 crore and Rs 50 crore. Industry insiders and real estate watchers explain why.

Realty sector turns cautious as equity market tumbles

Realty sector turns cautious as equity market tumbles

Rediff.com   14 Apr 2025

'In the past six months, capital markets have seen a dip, and realty is struggling. The stock-market investor will be cautious of putting that investment in real estate when there may be a slowdown coming.'

Flexible office space growth set to trigger IPO wave

Flexible office space growth set to trigger IPO wave

Rediff.com   9 Apr 2025

India's flexible (flex) office segment, having breached pre-pandemic levels, is thriving as corporates, startups, multinational corporations, and global capability centres (GCCs) expand in India, seeking low-capital yet Grade A plug-and-play facilities. In the first quarter (Q1) of 2025, the flex office segment continued to grow, with flex space leasing rising by 22 per cent to 2.2 million square feet (msf), according to Colliers.

Institutional investment in real estate jumps 31% to $1.3bn

Institutional investment in real estate jumps 31% to $1.3bn

Rediff.com   5 Apr 2025

The growth was primarily driven by domestic investments, which accounted for 60 per cent of the total inflows during the first quarter of the financial year.

Housing Sales Drop 28%

Housing Sales Drop 28%

Rediff.com   28 Mar 2025

Average residential property prices in seven cities increased 10% to 34% due to new supplies in the luxury and ultra-luxury segments and overall demand.

Blackstone-Sattva JV file draft Papers for Rs 6,200 crore Reit IPO

Blackstone-Sattva JV file draft Papers for Rs 6,200 crore Reit IPO

Rediff.com   7 Mar 2025

US-based private equity firm Blackstone and Bengaluru-based real estate developer Sattva Group filed the draft initial public offer (IPO) papers for India's biggest real estate investment trust (Reit) named Knowledge Realty Trust to raise ?6,200 crore. The Reit will be the largest in India in terms of net operating income (NOI) and gross assets value (GAV).

'Highways Infrastructure Trust's AUM to be around Rs 25,000'

'Highways Infrastructure Trust's AUM to be around Rs 25,000'

Rediff.com   31 Jan 2025

'By March-end, we should have closure of the PNC portfolio. After completion of PNC acquisition.'

Raymond Realty may get listed in Q2FY26: CEO

Raymond Realty may get listed in Q2FY26: CEO

Rediff.com   9 Dec 2024

Raymond Limited's real estate arm, Raymond Realty, plans to get listed during the second quarter of the next financial year (Q2FY26), according to Harmohan Sahni, chief executive officer (CEO), Raymond Realty. "We are expecting the order by June-July 2025 as far as the National Company Law Tribunal (NCLT) is concerned.

Will Poll Gamechanger Laadki Bahin Continue?

Will Poll Gamechanger Laadki Bahin Continue?

Rediff.com   26 Nov 2024

'I wonder if they will keep it up after the elections.' 'I fear they'll start questioning eligibility -- income, age, bank accounts -- and eventually stop the scheme altogether.'