The Phoenix Mills Ltd.
The Phoenix Mills Ltd. is a public real estate company headquartered in Mumbai, India, with a team of 1,077 employees. It has launched several notable projects, including India's largest bowling and gaming arena and the luxury Palladium mall.
Company Overview
The Phoenix Mills Ltd. is a public company operating in the real estate industry. With a team size of 1,077, it is classified as a very large enterprise. The company is headquartered in Mahalaxmi, Mumbai, Maharashtra, India. It has established a significant presence in the market through various ventures and developments.
History
The Phoenix Mills Ltd. has a rich history of innovation and expansion. The company launched the largest bowling and gaming arena in India in 1996, marking its entry into the entertainment sector. In 2001, it introduced Big Bazaar, India's first hypermarket, at High Street Phoenix, further diversifying its portfolio. The company ventured into residential development in 2002 with the construction of multi-storied residential towers on its land.
Real Estate Developments
The Phoenix Mills Ltd. has made significant contributions to the real estate sector. In 2010, it launched the super luxury iconic mall Palladium in Mumbai, enhancing the retail landscape. The company expanded geographically in 2011 by establishing Phoenix Market Cities in Pune, Bengaluru, and Kurla. In 2015, it introduced luxury sky residences, Kessaku, in Bengaluru.
Food & Beverage Ventures
In 2014, The Phoenix Mills Ltd. entered the food and beverage business, diversifying its operations beyond real estate and retail. This move reflects the company's strategy to expand its offerings and enhance customer experiences across its properties.
Brand Evolution
The Palladium hotel, initially part of The Phoenix Mills Ltd.'s portfolio, was rebranded as St. Regis in 2015. This rebranding signifies the company's commitment to luxury and high-quality service in the hospitality sector.