The Phoenix Mills Limited (PML), an Indian developer and operator of retail led mixed use developments, and BSafal Group are set to launch the Palladium Ahmedabad shopping mall today, on 26 February 2023. Occupying an area of five acres, the Palladium Ahmedabad mall has a gross leaseable area of 750,000sft. It will bring over 35 […]
Indian retail mall developer Phoenix Mills Limited (PML) has inaugurated the Phoenix Citadel mall in Indore, Madhya Pradesh. Located at MR 10 Junction, the Phoenix Citadel shopping mall has been built by Phoenix Mills Limited in partnership with Canada Pension Plan Investment Board (CPP Investments) under their first joint venture. Built over 19 acres of […]
The Phoenix Mills Limited (PML), an Indian mixed-use real estate developer, has taken full ownership of Classic Mall Development Company (CMDCL) by acquiring the remaining 50% for INR 9,360 million. The stake was acquired from Crest Ventures Limited (46.35%) and its fully-owned subsidiary Escort Developers Private Limited (3.65%). Phoenix Mills financed the acquisition through internal […]
The Phoenix Mills Limited (PML), a retail-led mixed-use developer, has awarded a contract to ReNew Power for the installation of nearly 5MW of solar power capacity to power its Phoenix Marketcity Pune and Phoenix Marketcity Mumbai shopping malls. The contract with the renewable energy developer will be for a period of 25 years and is […]