Phoenix Mills
Est. 1905 · Mumbai, Maharashtra · Listed (NSE / BSE) · National
🗓Published·Updated·Edited by Rakesh Mahajan
Company overview
Who is Phoenix Mills?
India's premier mall owner (Phoenix Palladium, Marketcity) with select super-premium residential atop retail ecosystems.
20
Completed projects
15M
Sq ft delivered
6
Ongoing projects
5
Upcoming projects
Our ratings
Builder Score Card
Each dimension is scored from delivery data, RERA filings and financial disclosures.
On-time delivery: 78% of towers delivered within 6 months of committed date.
At a glance
Phoenix Mills in Numbers
Phoenix Mills is a listed (NSE / BSE) developer founded in 1905, headquartered in Mumbai, Maharashtra, active mainly in National. We rate it 4/5 overall — dependable, with caveats — which ranks 36th of the 212 developers we profile and ahead of 82% of them. Its strongest area is financial strength (4.6/5) and its weakest is delivery record (3.8/5).
Benchmarking
How Phoenix Mills Compares
Each rating against all 212 developers we profile and the 20 in National.
| Rating | Phoenix Mills | National average | Better than |
|---|---|---|---|
| Construction quality | 3.9/5 | 4.1/5 | 72% of developers |
| Delivery record | 3.8/5 | 3.8/5 | 82% of developers |
| Customer satisfaction | 3.8/5 | 3.8/5 | 81% of developers |
| Financial strength | 4.6/5 | 4.1/5 | 95% of developers |
| Trust | 4/5 | 4.1/5 | 78% of developers |
Buyer guidance
Should You Buy a Phoenix Mills Project?
Phoenix Mills is dependable, with caveats. Its weakest area is delivery record, so before booking, compare the promised and actual completion dates of its last few projects on the state RERA portal. Prefer construction-linked payment plans and check the project's RERA progress reports.
Check before you book
- RERA registration and quarterly progress for the exact project and tower you are buying.
- Its latest annual report — debt, cash flow and pre-sales — since Phoenix Mills is listed.
- That 70% of buyer payments go into the project's separate escrow account, as RERA requires.
- Delivery record: compare the promised and actual completion dates of its last few projects on the state RERA portal.
The bottom line
Our Verdict
Residential is a side business done well — mall-adjacent addresses hold rental and resale value strongly.
Portfolio
Notable Projects
Key Phoenix Mills projects as the builder publishes them. None has a PropertyNivesh research page yet.
Questions
Phoenix Mills: FAQs
Is Phoenix Mills a good builder? ＋
We rate Phoenix Mills 4/5 overall — dependable, with caveats. Residential is a side business done well — mall-adjacent addresses hold rental and resale value strongly.
Is Phoenix Mills a listed company? ＋
Yes. Phoenix Mills is listed on the NSE / BSE, so it publishes audited financial results.
Does Phoenix Mills deliver on time? ＋
Phoenix Mills has delivered 78% of its towers within six months of the committed date, and we rate its delivery record 3.8/5.
How many projects has Phoenix Mills completed? ＋
Phoenix Mills reports 20 completed projects and about 15 million sq ft delivered.