The Phoenix Mills Restricted (PML) is India’s leading retail-led blended-use developer, recognized for developing and controlling higher-high quality shopping malls, business spaces, household complexes, and resort ecosystems.

Historic Journey
Launched in 1905 like a textile mill with a seventeen.3-acre plot in Decreased Parel, Mumbai.

Detailed on the Bombay Inventory Exchange in 1959.

Once the mill was shut down inside the nineteen nineties, the corporate transitioned into property development and introduced Higher Road Phoenix in 1996.

Significant Retail Jobs
Large Road Phoenix, Mumbai – Released in 1996, with 3.three million sq. ft. of mixed-use Place such as browsing, entertainment, motels, and residences.

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

Phoenix MarketCity – Proven in towns like Mumbai (2011), Pune, Bengaluru, and Chennai, providing high quality retail and entertainment encounters.

Palladium Ahmedabad – A freshly launched luxury shopping mall (2023) with over 220 retailers throughout six floors.

Growth Throughout Towns
PML is at present producing an additional 5.5 million sq. ft. mixed use development companies of retail Place in Indore, Ahmedabad, Bengaluru, and Pune.

Commercial & Residential Segments
Industrial Areas: mixed use development companies Quality-A Workplace developments like Art Guild Property (Mumbai), Asia Towers (Bengaluru), and Millennium Towers (Pune) with a complete area of 3.24 million sq. ft.

Lodges & Residences: Partnered inns such as St. Regis and Courtyard by Marriott, and top quality residential initiatives like A person Bangalore West.

Company Product & Monetary Functionality
Main profits resources: Rental money, sales, and hospitality solutions.

In FY24, rental revenue rose by 27%, and with sturdy Charge Command and tech expense, EBITDA grew by 44% and PAT by 62%.

Strategic partnerships with international investors like CPP Investment decision Board and GIC are driving sustained expansion.

Vision & Values
Vision: "To make enduring shareholder value" by legendary and substantial-undertaking developments.

Values: Sustainability, excellent excellence, and ongoing advancement for both equally personnel and buyer fulfillment.

Summary
The Phoenix Mills Restricted exemplifies a exceptional transformation—from a historic textile mill to India’s biggest retail-led blended-use housing developer. With about one hundred twenty several years of legacy, PML’s tasks span India’s significant metros and continue Retail real estate developers to grow, with new developments prepared in Indore, Ahmedabad, and Kolkata. The corporate remains at the forefront of India’s city evolution.