phoenix group

The Phoenix Mills Ltd. led by the young and dynamic Joint Managing Director, Mr. Atul Ruia today is one of the largest retail led real estate Company in India. We have 9 retail assets with a leasable area of 5,75,998 square meters in Mumbai, Bangalore, Chennai, Pune, Lucknow & Bareilly.

With a portfolio comprising of over 16,25,803 square meters of Retail, Residential, Commercial and Hospitality assets spread over 100+ acres of land, our company is best positioned in the industry to serve the fast growing Indian economy. Our mixed-used model of development gives us a 5-6 years head start in building top quality assets in the key gateway cities of India. Today it has become the model for development of shopping and entertainment hubs across the country.

The Group has been a pioneer in converting mill land into modern, mixed-use developments. High Street Phoenix was the first consumption center developed in India.

Continuing the same trend, the group introduced the next generation retail hubs of India – "The Phoenix Marketcities", in the cities of Pune, Mumbai, Bangalore and Chennai. This achievement is indeed unprecedented and is testimony to the group's insight and determination for becoming the largest retail-led mixed use property developer in India. Today it has become the model for development of shopping and entertainment hubs across the country.

The vision of the company is to create shareholder value by generating exceptional yields from the capital growth and sale of architecturally superior, difficult to replicate assets that are truly world class in quality and infrastructure. We believe in creating a superior business environment for our many local and international retailers and partners, by growing a loyal customer flow to our assets by consistently delighting and engaging the Indian consumer.

The Phoenix Group has given lifestyle experience a new meaning, with projects such as The St. Regis, a five star hotel in Mumbai, Marriott in Agra & 'The Design Hotel' in Chennai.

Its legacy of excellence has made its mark in the residential development with One Bangalore West, and Kessaku in Bangalore and The Crest in Chennai.

The Phoenix Mills have established its presence in 7 cities with over 100 acres in total land assets and 50 billion in building assets. It Operates :

  • 9 malls in 6 cities
  • 5 commercial centers in 2 cities
  • 2 hospitality projects in 2 cities
  • 2 residential projects in Bangalore
4,55,224
Phoenix Commercial

Work spaces with exceptional finesse & quality amenities

  • Developed with our philosophy of an integrated work – life balance
  • Phoenix Mills Ltd. operates commercial centres in Mumbai and Pune with a rent generating leasable area of 1,22,632 square meters.
  • High end amenities, contemporary design of international standards enabling maximum visibility with sound reduction capability.

Below is our portfolio of Commercial Projects :

  • ART GUILD HOUSE, MUMBAI
  • FOUNTAINHEAD, PUNE
  • PHOENIX PARAGON PLAZA, MUMBAI
  • PHOENIX HOUSE, MUMBAI
  • THE CENTRIUM, MUMBAI
  • EAST COURT, PUNE
Milestone
1905
The Phoenix Mills Ltd.
commences operations
1959
Listed on the
Bombay Stock Exchange
1986
Phoenix House and Phoenix Centre,
commercial centres with
32,516 square meters operational
1987
High Street Phoenix, India's flagship mall, commercial and residential complex setup
India's first hyper market Big Bazaar opened
2001
1996
Opens India's largest bowling and gaming arena, a sport bar and a night-club
Multi-leveled Skyzone mall housing major national and international brands
2004
2002
First residential luxury tower, Phoenix Towers at Lower Parel
Palladium, first-of-its-kind
super luxury mall
2009
East Court with commercial
and retail spaces in Pune
2011
  • Launched Phoenix Marketcity, Pune
  • Launched Phoenix Marketcity, Bangalore
  • Launched Phoenix Marketcity, Mumbai with over 300 leading brands
2012
  • Launched five-star luxury hotel in Lower Parel, Mumbai
  • Launched One Bangalore West, a 30 storey high-rise in Bangalore
  • Launched Art Guild House and Phoenix Paragon Plaza, commercial complexes in Kurla
Launched Phoenix Marketcity, Chennai with over 300 leading brands
2013
2014
Ventured into F&B business through Bellona Hospitality with launch of its fine-dine & specially restaurants at Phoenix properties
2015
  • Launched luxury sky residences, Kessaku in Bangalore
The St. Regis, Mumbai, the premiere most brand in Starwood Hotels portfolio begins operations from Sept’15. Phoenix Mills Ltd. raised 2,830 mn via Qualified Institutional Placement (QIP) in July 2015.
2016
2017
Partnered with CPPIB to develop, own and operate retail-led mixed-use developments across India through our 100% subsidiary that houses Phoenix MarketCity, Bengaluru (ISMDPL). CPPIB to invest over ` 16 Billion in ISMDPL.
Acquired two brownfield and three greenfield land parcels with estimated Retail GLA of 4,55,224 Square Meters and additional development potential of 2,60,128 Square Meters.
2018
2019
Growth of retail profile from 6,41,030 Square Meters to 11,14,836 Square Meters
Phoenix Palassio, Lucknow became operational in record time of 24 months from our acquisition date with Retail GLA of 83,612 Square Meters.
2020
Current
Successfully raised Rs. 11,000 mn of equity capital by the way of QIP from marquee investors
fountainhead, pune
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