The Phoenix Mills Constrained (PML) is India’s foremost retail-led blended-use developer, noted for creating and managing higher-excellent browsing malls, professional Areas, residential complexes, and resort ecosystems.

Historical Journey
Founded in 1905 as being a textile mill on a seventeen.three-acre plot in Decreased Parel, Mumbai.

Stated to the Bombay Stock Exchange in 1959.

After the mill was shut down in the nineteen nineties, the corporation transitioned into housing enhancement and released Substantial Street Phoenix in 1996.

Significant Retail Jobs
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 amusement experiences.

Palladium Ahmedabad – A freshly introduced luxurious mall (2023) with over 220 outlets across six floors.

Enlargement Across Towns
PML is at present developing a further 5.five million sq. ft. of retail space in Indore, Ahmedabad, Bengaluru, and Pune.

Business & Residential Segments
Business Areas: Grade-A Business developments like Art Guild Dwelling Retail real estate developers (Mumbai), Asia Towers (Bengaluru), and Millennium Towers (Pune) with a total space of 3.24 million sq. ft.

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

Company Design & Financial Effectiveness
Core income resources: Rental income, income, and hospitality products and services.

In FY24, rental revenue rose by 27%, and with solid cost Management and tech investment, EBITDA grew by 44% and PAT by 62%.

Strategic partnerships with world wide buyers like CPP Expense Board and GIC are driving sustained growth.

Eyesight & Values
Eyesight: "To develop enduring shareholder value" by means of legendary and significant-performing developments.

Values: Sustainability, high quality excellence, and constant enhancement for both of those staff and consumer fulfillment.

Summary
The Phoenix Mills Constrained exemplifies a impressive transformation—from the historic textile mill to India’s most significant retail-led blended-use housing developer. With over 120 many years of legacy, PML’s tasks span India’s main metros and proceed to increase, with new shopping mall developers developments planned in Indore, Ahmedabad, and Kolkata. The business stays on the forefront of India’s urban evolution.