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

Historical Journey
Started in 1905 like a textile mill on the 17.three-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 enhancement and released Substantial Road Phoenix in 1996.

Significant Retail Projects
Higher Street Phoenix, Mumbai – Launched in 1996, with 3.three million sq. ft. of blended-use Area together with searching, entertainment, hotels, and residences.

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

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

Palladium Ahmedabad – A recently released luxury shopping mall (2023) with in excess of 220 shops throughout 6 flooring.

Expansion Throughout Cities
PML is now establishing an additional five.5 million sq. ft. of retail Room in Indore, Ahmedabad, Bengaluru, and Pune.

Commercial & Household Segments
Commercial Spaces: Quality-A Business office developments like Art Retail real estate developers Guild Property (Mumbai), Asia Towers (Bengaluru), and Millennium Towers (Pune) with a total spot of three.24 million sq. ft.

Accommodations & Residences: Partnered hotels for example St. Regis and Courtyard by Marriott, and premium residential jobs like 1 Bangalore West.

Business enterprise Model & Money Efficiency
Main revenue sources: Rental money, revenue, and hospitality expert services.

In FY24, rental earnings rose by 27%, and shopping mall developers with sturdy Price tag Handle and tech financial investment, EBITDA grew by 44% and PAT by 62%.

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

Eyesight & Values
Eyesight: "To create enduring shareholder worth" by way of legendary and superior-carrying out developments.

Values: Sustainability, good quality excellence, and ongoing advancement for both employee and client pleasure.

Summary
The Phoenix Mills Minimal exemplifies a extraordinary transformation—from the historic textile mill to India’s largest retail-led mixed-use property developer. With above one hundred twenty several years of legacy, PML’s initiatives span India’s big metros and go on to develop, with new developments planned in Indore, Ahmedabad, and Kolkata. The organization remains in the forefront of India’s urban evolution.