The Phoenix Mills Minimal (PML) is India’s leading retail-led mixed-use developer, known for developing and running superior-high quality buying malls, commercial spaces, household complexes, and lodge ecosystems.

Historic Journey
Started in 1905 being a textile mill on the 17.3-acre plot in Lessen Parel, Mumbai.

Mentioned over the Bombay Inventory Exchange in 1959.

After the mill was shut down within the 1990s, the company transitioned into housing development and released Substantial Road Phoenix in 1996.

Significant Retail Projects
Superior Road Phoenix, Mumbai – Launched in 1996, with three.3 million sq. ft. of mixed-use House which include searching, enjoyment, hotels, and residences.

Palladium Shopping mall, Mumbai – Opened in 2007; a flagship spot for luxury retail in India.

Phoenix MarketCity – Founded in metropolitan areas like Mumbai (2011), Pune, Bengaluru, and Chennai, providing quality retail and enjoyment experiences.

Palladium Ahmedabad – A recently launched luxurious mall (2023) with about 220 retailers across six flooring.

Enlargement Across Towns
PML is at the moment creating yet another 5.5 million sq. ft. of retail Place in Indore, Ahmedabad, Bengaluru, and Pune.

Industrial & Household Segments
Commercial Areas: Quality-A Business office developments like Art Guild Property (Mumbai), Asia Towers (Bengaluru), and Millennium Towers (Pune) with a complete spot of three.24 million sq. ft.

Accommodations & Residences: Partnered hotels for example St. Regis and Courtyard by Marriott, and premium residential initiatives mixed use developer like One particular Bangalore West.

Organization Product & Economic General performance
Core profits resources: Rental earnings, profits, and hospitality solutions.

In FY24, rental cash flow rose by 27%, and with mixed use development companies strong Expense Manage and tech financial commitment, EBITDA grew by forty four% and PAT by 62%.

Strategic partnerships with worldwide traders like CPP Financial investment Board and GIC are driving sustained expansion.

Vision & Values
Vision: "To build enduring shareholder benefit" via iconic and substantial-accomplishing developments.

Values: Sustainability, quality excellence, and steady enhancement for both equally staff and shopper satisfaction.

Summary
The Phoenix Mills Restricted exemplifies a impressive transformation—from a historic textile mill to India’s premier retail-led blended-use real estate property developer. With around a hundred and twenty years of legacy, PML’s projects span India’s significant metros and carry on to expand, with new developments planned in Indore, Ahmedabad, and Kolkata. The organization remains on the forefront mixed use developer of India’s urban evolution.