The Phoenix Mills Restricted (PML) is India’s foremost retail-led combined-use developer, noted for creating and handling higher-good quality searching malls, business spaces, residential complexes, and hotel ecosystems.

Historical Journey
Established in 1905 as a textile mill on a seventeen.three-acre plot in Decrease Parel, Mumbai.

Shown within the Bombay Stock Exchange in 1959.

Once the mill was shut down from the nineties, the corporate transitioned into real-estate growth and introduced Higher Avenue Phoenix in 1996.

Important Retail Initiatives
Substantial Street Phoenix, Mumbai – Released in 1996, with three.3 million sq. ft. of blended-use Place which includes buying, entertainment, inns, and residences.

Palladium Mall, Mumbai – Opened in 2007; a flagship location for luxurious retail in India.

Phoenix MarketCity – Proven in cities like Mumbai (2011), Pune, Bengaluru, and Chennai, featuring high quality retail and entertainment ordeals.

Palladium Ahmedabad – A recently released luxury mall (2023) with around 220 merchants across six floors.

Growth Across Metropolitan areas
PML is presently acquiring a further 5.5 million sq. ft. of retail space in Indore, Ahmedabad, Bengaluru, and Pune.

Business & Household Segments
Industrial Areas: Grade-A Business developments like Art Guild Dwelling (Mumbai), Asia Towers (Bengaluru), and Millennium Towers (Pune) with a total space of 3.24 million sq. ft.

Motels & Residences: Partnered resorts which include St. Regis and Courtyard by Marriott, and top quality household projects like One particular Bangalore West.

Business Design & Economical Overall performance
Main earnings resources: mixed use development projects in india Rental cash flow, revenue, and hospitality services.

In FY24, rental money rose by 27%, and with potent Charge Regulate and tech financial commitment, EBITDA grew by forty four% and PAT by sixty two%.

Strategic partnerships with worldwide investors like CPP Investment decision Board and GIC are driving sustained enlargement.

Eyesight & Values
Eyesight: "To create enduring shareholder value" by legendary and large-accomplishing developments.

Values: Sustainability, good quality excellence, and continuous enhancement for both of those employee and client mixed use developer satisfaction.

Summary
The Phoenix Mills Restricted exemplifies a exceptional transformation—from a historic textile mill to India’s major retail-led mixed-use real-estate developer. shopping mall developers With about one hundred twenty yrs of legacy, PML’s jobs span India’s main metros and keep on to improve, with new developments prepared in Indore, Ahmedabad, and Kolkata. The corporate stays with the forefront of India’s city evolution.