The Phoenix Mills has incorporated a wholly owned subsidiary viz Casper Realty. The Ministry of Corporate Affairs, Government of India has issued the Certificate of Incorporation on August 4, 2023. Casper Realty has been incorporated in India to carry out the business of real estate activities with owned or leased property. Further, this is in line with the company’s future expansion plans.
Phoenix Mills is engaged in property development in India. Its activities include planning, execution, and marketing of projects, property rental and management, and maintenance and sale of the completed properties.