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Phoenix Mills

Phoenix Mills added 50 lakh sq. ft. of new retail space in 7- 8 months

The company launched four new shopping malls in Bengaluru (Phoenix Mall of Asia), Pune (Phoenix Mall of the Millennium), Indore (Phoenix Citadel), and Ahmedabad (Phoenix Palladium) Bengaluru: Real estate developer The Phoenix Mills Ltd (PML) has added over 50 lakh sq....

India’s retail real estate heats up as global brands make a beeline for India

As many as 24 new global brands have forayed in the last two years across Mumbai, Delhi NCR, Bengaluru, Hyderabad and Chennai. This is leading to a resurgence of retail real estate, as per industry leaders at Shopping Centres...

India’s 4 largest shopping malls

After the five biggest malls in the world, we bring you a list of four largest shopping centres in India that redefine retail extravagance through their immense size and opulent offerings Bengaluru: In a country where shopping is not just an activity...

Shopping mall operators’ revenue may rise 7-9% this fiscal: Report

The revenue growth will be driven by strong retail consumption and improved rentals in their properties New Delhi: Shopping mall operators are expected to earn 7-9 per cent higher revenue during this fiscal, driven by strong retail consumption and improved...

Nomura India Investment Fund buys Phoenix Mills shares worth Rs 326 cr

The shares were purchased at an average price of Rs 1,310 apiece on both the exchanges, taking the aggregate value to Rs 326.09 crore New Delhi:  Nomura India Investment Fund on Tuesday acquired shares of Phoenix Mills, a retail led...

The Phoenix Mills completes acquisition of 7.22 acre-land parcel in Surat for Rs 510 crore

The land parcel has been acquired through Thoth Mall and Commercial Real Estate Private Ltd, an indirect subsidiary of the company. New Delhi: The Phoenix Mills Ltd on Friday said it has completed the acquisition of a 7.22 acre-land parcel...

Phoenix Mills opens Central India’s largest shopping mall in Indore

Phoenix Citadel houses 300 shops that are expected to transact business worth Rs 1,000 crore by next year Indore: Mall developer and operator Phoenix Mills Ltd., opened Phoenix Citadel, a 10 lakh square feet mall at Indore in Madhya Pradesh...

Phoenix Mills opens Central India’s largest shopping mall in Indore

Phoenix Citadel houses 300 shops that are expected to transact business worth Rs 1,000 crore by next year Indore: Mall developer and operator Phoenix Mills Ltd., opened Phoenix Citadel, a 10 lakh square feet mall at Indore in Madhya Pradesh...

Reliance in advance talks to bring Armani’s luxury café to India

Reliance Retail is scouting for spaces in luxury malls in Mumbai and Bengaluru to open Armani/Caffè there New Delhi: Reliance Retail is in advance talks with Milan-based luxury company Armani to bring the Michelin-starred Armani/Caffè to India, two people familiar with the development said. As...

PE into Indian retail pauses in 2020 amid COVID-19, 2021 looks promising

Indian retail sector was one of the worst-affected due to COVID-19, which in turn impacted private equity investments into the retail sector in 2020. The year was almost dry for the retail sector in 2020 as against 2019 when...
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Meena Bazaar opens its first store in Mumbai

The new Meena Bazaar outlet is located at the Oberoi Mall in Goregaon Bengaluru: Delhi-based ethnic wear retailer Meena Bazaar has...
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