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 6.2 million square feet in Mumbai, Bangalore, Chennai, Pune, Lucknow & Bareilly.
With a portfolio comprising of over 17.5 million square feet 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
• 4 residential projects in 3 cities
• 5 commercial centers in 2 cities
• 3 hospitality projects in 3 cities