The Phoenix Mills Restricted (PML) is India’s foremost retail-led combined-use developer, recognized for building and managing high-top quality searching malls, industrial spaces, residential 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 Higher Street Phoenix in 1996.

Important Retail Initiatives
Substantial Street Phoenix, Mumbai – Launched in 1996, with three.3 million sq. ft. of blended-use Place like purchasing, entertainment, inns, and residences.

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

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

Palladium Ahmedabad – A newly released luxury shopping mall (2023) with in excess of 220 shops throughout 6 flooring.

Expansion Throughout Cities
PML is now establishing an additional five.five million sq. ft. of retail Room in Indore, Ahmedabad, Bengaluru, and Pune.

Commercial & Residential Segments
Professional Spaces: Quality-A Place of work developments like Artwork Guild Residence (Mumbai), Asia Towers (Bengaluru), shopping mall developers and Millennium Towers (Pune) with a complete location of three.24 million sq. ft.

Motels & Residences: Partnered accommodations which include mixed use development companies St. Regis and Courtyard by Marriott, and top quality household projects like Just one Bangalore West.

Company Product & Financial Performance
Core profits resources: Rental earnings, profits, and hospitality solutions.

In FY24, rental cash flow rose by 27%, and with strong Expense Regulate and tech expenditure, EBITDA grew by forty four% and PAT by sixty two%.

Strategic partnerships with international traders like CPP Financial commitment Board and GIC are driving sustained expansion.

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

Values: Sustainability, high-quality excellence, and steady enhancement for equally personnel and shopper satisfaction.

Summary
The Phoenix Mills Constrained exemplifies a amazing transformation—from the historic textile mill to India’s major retail-led blended-use real estate developer. With more than 120 a long time of legacy, PML’s assignments span India’s key metros mixed use development companies 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.