Phoenix Mills Ltd is poised to carve a niche in the booming Indian real estate sector. Led by a young Managing Director, Atul Ruia and a team of professionals, the Phoenix Group is set to take on the challenge of redefining life style in Indian cities. Be it mega retail malls, entertainment complexes, commercial space or hospitality units.
The Group has been a pioneer in converting mill land into modern, multi-use integrated property. High Street Phoenix was the first consumption center developed in India. The complex has been developed on 1.5 million square feet of space and houses retail and entertainment, commercial and residential complexes.
It has today become the model for development of shopping and entertainment hubs across the country.
Voyage Towards Success:
- 1905 The Phoenix Mills Ltd began perations as Textile manufacturing company on 17.3 acres land in Lower Parel, Mumbai
-1959 The Phoenix Mills Ltd. was listed on the BSE
-2001 Introduced India's first Hyper market concept 'Big Bazzar' at High Street Phoenix
-2004 High Street Phoenix had 400,000sq.ft. of retail, introducing Skyzone, and other retails stores
-2006 The company announced its new project at HSP, 5 Star Luxury hotel with first-of-its-kind Sky lobby in India, 4 Lakh sq.ft. Luxury Mall, called Palladium
-2007 The company successfully raised Rs. 13,000 million through Qualified Institutional Placement & Preferential Issue and further annouced the development of Market Cities in Mumbai, Pune, Bangalore & Chennai
-2012 In a span of one year alone, PML has concurrently introduced more than 3.25 million sq. ft. and 800+ new operational stores in 4 cities across India, viz Mumbai (Kurla), Pune, Bangalore & Chennai