The Phoenix Mills Limited commences operations as a textile manufacturing company on 17.3 acres land at Lower Parel in Mumbai, with the objective of manufacturing cotton textile goods.
1905
The Phoenix Mills Limited, owned by the Ruia family, was listed on the Bombay Stock Exchange.
1959
Made operational Phoenix House commercial centre.
1986
The company entered into the growing real estate market where High Street Phoenix emerged as the most frequented destination in Mumbai.
1987
Opened doors to The Bowling Co., India’s first bowling company with the largest 20-lane bowling concourse and gaming arcade, sports bar and night-club Fire & Ice, to add the crucial element of entertainment to the burgeoning HSP Complex.
1996
Introduced India ’s first hyper market concept with the launch of Big Bazaar’s first store at the High Street Phoenix, Mumbai, along with Food Bazaar. With this, HSP gradually emerged as a model for India in terms of retail-led development centres.
2001
Launched Pantaloons and Lifestyle departmental stores within the HSP Complex, each covering approximately 4645.152 sq. meter. of retail shopping.
2003
The High Street Phoenix Complex announced the launch of a multi-levelled SkyZone with anchor stores of leading national and international brand retail outlets.
2004
The Phoenix Group celebrated its centenary, 100 years of commencing operations as a textile mill in 1905. With a heritage lasting over 10 decades, the group is proudly credited with having catalysed a wave of shopping revolution in India.
2005
Announced the launch of Palladium Hotel, a five-star luxury hotel, with a first-of-its-kind sky lobby. Set up a 7-screen multiplex within the HSP Complex at Lower Parel.
2006
Announced development of four Phoenix Marketcity Malls in Pune, Bengaluru, Mumbai and Chennai.
2007
Launched Palladium Mall, an architecturally designed first-of-its-kind super luxury premium and iconic mall in High Street Phoenix Complex, housing super luxury national and international brands. Launched East Court within the Phoenix Marketcity ecosystem in Pune, housing a blend of retail and commercial spaces.
2009
Launched Phoenix MarketCity at Pune, located in close proximity to the emerging upper middle-income group residential areas. Launched Phoenix MarketCity at Whitefield, Bengaluru’s IT hub, and Phoenix Marketcity in Kurla, a mixed-use development asset in the eastern suburb of Mumbai, with over 300 national and international brands.
2011
Launched Palladium Hotel, a five-star luxury hotel, nestled above the premium Palladium Mall within the High Street Phoenix Complex. Launched One Bangalore West at Bengaluru, with 30-storey high-rise towers combining luxury and comfort. Launched Art Guild House and Phoenix Paragon Plaza, state-of-the-art commercial complexes within Phoenix Marketcity, Mumbai.
2012
Launched Phoenix Marketcity Mall at Velachery, Chennai, a mixed use asset with 300-plus stores and four-and-a-half levels of shopping area, marking the convergence of shopping, dining, entertainment, art, architecture and design.
2013
HSP Complex clocked an average ticket size per customer of ` 700, as total footfalls jumped to 19.5 million. The monthly average footfall jumped to over 1.6 million vis-à-vis 1.4 million in the previous year.
2014
Launched Courtyard by Marriott at Agra; exclusive luxury residential project at Bengaluru and operationalised 5 in-house F&B outlets at some of our retail assets.
2015
The St. Regis, Mumbai, the premiere most brand in Starwood Hotels portfolio begins operations from Sept’15. PML raised ` 2,830 mn via Qualified Institutional Placement (QIP) in July 2015.
2016
Partnered with CPPIB to develop, own and operate retail-led mixed-use developments across India through our 100% subsidiary that houses Phoenix MarketCity, Bengaluru (ISMDPL). CPPIB to invest over ` 16 Billion in ISMDPL.
2017
Acquired two brownfield and three greenfield land parcels with estimated Retail GLA of 0.46 Msm and additional development potential of 0.26 Msm.
2018
Growth of retail profile from 0.64 msm to 1.11 msm
Current
Phoenix Palassio, Lucknow became operational in record time of 24 months from our acquisition date with Retail GLA of 0.084 msm.
Current
Successfully raised Rs. 11,000 mn of equity capital by the way of QIP from marquee investors
Current
