Phoenix Group news
All 7 EstateHerald stories about Phoenix Group, newest first. Latest: 5 November 2026.
The appointment puts a veteran real estate lawyer in charge of legal work for the Mumbai-headquartered mall and mixed-use group.
The brokerage's call follows a quarter in which Phoenix Mills' retail consumption rose 25%, though owner-level profit grew more slowly.
The sites are long-term options under a 2035-36 plan, and the company has spent about ₹800 crore on land so far this year.
Retail consumption and rental income drove the Mumbai mall operator's September-quarter results, while its debt level held steady.
The tribunal order lets the parent buy out part of CPP Investments' holding for ₹1,350 crore, a step towards full ownership of the mall platform.
Market data shows higher positioning in the Lower Parel developer's futures and options, while its quarterly results are due on 30 October.
The shares fell 1.97% on 23 October, and the results meeting will show whether June-quarter pressure from the residential segment continues.