Phoenix Mills has incorporated a wholly owned subsidiary viz. Sparkle Three Mall Developers on December 27, 2024. Sparkle Three Mall Developers incorporated in India shall carry out the business of Real estate activities with owned or leased or acquired 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.