Prachi Pisal, Gulveen Aulakh

Stories by Prachi Pisal, Gulveen Aulakh

Brookfield to build Asia's biggest GCC facility in Powai

Brookfield to build Asia's biggest GCC facility in Powai

Rediff.com   9 hours ago

Brookfield Asset Management will invest $1 billion to develop Asia's largest global capability centre (GCC) in Mumbai's Powai, the New York-based global alternative asset manager said in a statement on Friday. The infrastructure arm of Canada's investment firm will develop the campus across 6 acres with 2 million square feet that can be let out.

Launches boost presales growth of top realtors in Q2

Launches boost presales growth of top realtors in Q2

Rediff.com   3 Dec 2025

Top real estate developers reported healthy presales growth in the second quarter of FY26, aided by a steady pipeline of new project launches. While overall housing momentum across major Indian cities moderated during the quarter, listed players remained relatively insulated.

Price reset, demand pulse drove cement's strong Q2

Price reset, demand pulse drove cement's strong Q2

Rediff.com   28 Nov 2025

India's top cement producers delivered a solid July-September quarter (Q2) in 2025-26 (FY26), lifted by firmer prices, higher sales volumes, and a favourable base. Seasonal weakness and maintenance outages did dent sequential performance, but the overall picture remained positive - and the road ahead looks steady.

India's Listed REITs AUM Rises To Rs 2.35 Trillion

India's Listed REITs AUM Rises To Rs 2.35 Trillion

Rediff.com   25 Nov 2025

Since their inception, they have cumulatively distributed over Rs 26,700 crore to unitholders.

Reits to be gradually included in market indices, says Sebi chief

Reits to be gradually included in market indices, says Sebi chief

Rediff.com   23 Nov 2025

India's market regulator is moving ahead to include real estate investment trusts (Reits) in benchmark indices in a phased manner, Sebi chief Tuhin Kanta Pandey said, while asserting that the regulator was working to strengthen the link between infrastructure building and the markets.

High street holds lead in rental growth over malls

High street holds lead in rental growth over malls

Rediff.com   22 Nov 2025

High-street rentals continue to outpace those of malls, as retailers focus on prime locations and are willing to pay a premium for visibility. Between 2021 and 2025, rental values on prime high street have grown 7-15 per cent annually, driven by strong consumption density and limited new supply, even outpacing grade A malls, which grew by 5-8 per cent, according to Anarock.

Will 1600 Number Stop Scam Calls?

Will 1600 Number Stop Scam Calls?

Rediff.com   20 Nov 2025

Trai has ordered BFSI firms to move service and transaction calls to the 1600 series from 2026 to reduce spam, financial fraud, and rising digital arrest scams.

Why India Is Warming Up To Reits

Why India Is Warming Up To Reits

Rediff.com   18 Nov 2025

Currently, India has five publicly listed Reits: Brookfield India Real Estate Trust, Embassy Office Parks Reit, Mindspace Business Parks Reit Nexus Select Trust, and Knowledge Realty Trust.

Now You Can Stay In A Lamborghini

Now You Can Stay In A Lamborghini

Rediff.com   13 Nov 2025

Their projects are known for Italian-inspired creative façades with intricate urban elegance.

Zodiac Signs Now Drive Luxury Home Buys

Zodiac Signs Now Drive Luxury Home Buys

Rediff.com   5 Nov 2025

'Earlier, such beliefs were primarily observed among older buyers, but now we see younger buyers showing interest in aligning purchases with numerological or astrological significance.'

Airtel to approach DoT on AGR in coming days: MD

Airtel to approach DoT on AGR in coming days: MD

Rediff.com   5 Nov 2025

Telecom firm Bharti Airtel will approach the government on the adjusted gross revenue (AGR) it has to pay the exchequer following the Supreme Court's judgment that the government can reassess all AGR dues, according to vice-chairman and managing director Gopal Vittal.

How Much Will Jio Platforms Be Worth After IPO?

How Much Will Jio Platforms Be Worth After IPO?

Rediff.com   4 Nov 2025

Jio Platforms Limited is likely to have a valuation of $148 billion by the time it goes public on the back of strong free cash flow and potential deleveraging, ICICI Securities said.

Fresh Air Becomes Real Estate Must-Have

Fresh Air Becomes Real Estate Must-Have

Rediff.com   1 Nov 2025

Interest in green living is rising, with clean air and open spaces becoming key selling points for residential projects, particularly as Indian cities struggle with deteriorating air quality.

Ports are being developed as hubs of green hydrogen production

Ports are being developed as hubs of green hydrogen production

Rediff.com   29 Oct 2025

The government is developing ports across the country as centres for green hydrogen production and export, Sarbananda Sonowal, minister of ports, shipping and waterways (MoPSW) said on Tuesday. "Across the country, over 12 million tonnes of green hydrogen-based e-fuel capacity has been announced.

Realty developers see a cracker of sales in key cities this festival season

Realty developers see a cracker of sales in key cities this festival season

Rediff.com   22 Oct 2025

India's housing market has remained resilient this festival season (Dussehra-Diwali period), despite global macroeconomic challenges, tech-sector layoffs, and affordability pressures, with developers reporting 10-25 per cent year-on-year (Y-o-Y) rise in home sales across major cities.

Developers could buck housing slowdown in Q2

Developers could buck housing slowdown in Q2

Rediff.com   22 Oct 2025

Top real estate developers are expected to report improved earnings and resilient presales growth, even as overall housing sales across major Indian cities declined during the July-September quarter (Q2) of 2025-26. The anticipated earnings growth in what is typically a subdued quarter is credited to steady sustenance sales, improved collections, the strong positioning of listed developers, and sustained demand for premium homes.

Cement firms may report improved Q2

Cement firms may report improved Q2

Rediff.com   20 Oct 2025

Top Indian cement firms are expected to report a strong earnings growth for the second quarter of the financial year 2025-26 (Q2FY26) on a year-on-year (Y-o-Y) basis, amid improved realisations, prices, and steady volume growth, but on a low base.

Will festive season bring cheers to India's housing sector after 3 weak quarters?

Will festive season bring cheers to India's housing sector after 3 weak quarters?

Rediff.com   13 Oct 2025

After three straight quarters of decline, India's housing market is pinning hopes on the ongoing festival season to revive sales momentum. While 2025 may still end with sales volumes below 2024 levels, developers believe the seasonally strong October-December quarter could narrow the gap, aided by stable interest rates, festive incentives, and resilient demand in the premium segment.

WeWork India eyes 20% revenue growth, IPO on October 3

WeWork India eyes 20% revenue growth, IPO on October 3

Rediff.com   30 Sep 2025

Co-working spaces provider WeWork India is aiming for a revenue growth of over 20 per cent for the coming years, even as its initial public offering (IPO) with only an offer for sale (OFS) component gets valued at Rs 3,000 crore at the top of the price band. The IPO opens on October 3, a newspaper advertisement said.

Amazing growth story of the Jindal group

Amazing growth story of the Jindal group

Rediff.com   24 Sep 2025

You have to grow, and grow fast - that's the DNA of the JSW group, chairman Sajjan Jindal said as JSW Cement made its debut on the stock market mid-August. The remark captured not just the moment but also the momentum of JSW's growth story.