The Phoenix Mills Constrained (PML) is India’s main retail-led blended-use developer, noted for making and controlling substantial-excellent browsing malls, professional Areas, household complexes, and resort ecosystems.

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

Shown within the Bombay Stock Exchange in 1959.

Once the mill was shut down during the nineteen nineties, the corporate transitioned into real estate property progress and introduced Large Street Phoenix in 1996.

Key Retail Tasks
Higher Avenue Phoenix, Mumbai – Introduced in 1996, with 3.three million sq. ft. of combined-use Area including procuring, amusement, accommodations, and residences.

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

Phoenix MarketCity – Set up in towns like Mumbai (2011), Pune, Bengaluru, and Chennai, giving top quality retail and leisure activities.

Palladium Ahmedabad – A newly introduced luxury shopping mall (2023) with above 220 stores throughout 6 flooring.

Expansion Throughout Cities
PML is at this time building yet another 5.5 million sq. ft. of retail space in Indore, Ahmedabad, Bengaluru, and Pune.

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

Motels & Retail real estate developers Residences: Partnered resorts for instance St. Regis and Courtyard by Marriott, and premium household projects like One particular Bangalore West.

Business Design & Economical Functionality
Main revenue sources: Rental profits, product sales, and hospitality products and services.

In FY24, rental earnings rose by 27%, and with solid cost Handle and tech financial investment, EBITDA grew by 44% and PAT by 62%.

Strategic partnerships with world wide buyers like CPP Financial commitment Board and GIC are driving sustained expansion.

Vision & Values
Vision: "To generate enduring shareholder price" through iconic and large-doing developments.

Values: Sustainability, high-quality excellence, and continuous improvement for the two personnel and purchaser gratification.

Summary
The Phoenix Mills Limited exemplifies a outstanding transformation—from a historic textile mill to India’s greatest retail-led combined-use real-estate developer. With mixed use development companies about a hundred and twenty decades of legacy, PML’s jobs span India’s major metros and carry on to increase, with new developments prepared in Indore, Ahmedabad, and Kolkata. The company stays on the forefront of India’s city evolution.