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Phoenix Mills to open ‘Phoenix Mall of Asia’ in Bengaluru

26 Oct 2023 Evaluate

The Phoenix Mills (PML) is all set to open its second mall in Bengaluru, ‘Phoenix Mall of Asia’ at Hebbal, Bengaluru on October 27, 2023. This sprawling retail destination spread across around 13 acres and encompassing over 12 lakh square feet (sq. ft.) of gross leasable area, is in the expanding consumption centre of Northern Bengaluru.

The mall has been developed by PML under its joint venture with Canada Pension Plan Investment Board (CPP Investments). PML has an operational retail portfolio of over 1.1 crore sq. ft. of leasable area across 12 retail consumption hubs in 8 major cities of India.

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.


Peers
Company Name CMP
Lodha Developers 1115.10
Prestige EstatesProj 1458.00
Dilip Buildcon 425.25
DLF 631.05
Oberoi Realty 1778.00
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