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Bought stake in our assets for organic growth, says Phoenix Mills

Phoenix Mills in on an expansion spree. The company has been picking up stake in a couple of its own joint ventures and properties. In an interview to CNBC-TV18, Shishir Shrivastava, Joint MD of Phoenix Mills spoke at length about the same.

Housing market stagnant but office rental space shows improvement: Real Estate Experts

Be selective in the real estate space, focus on players that have operational assets, says Adhidev Chattopadhyay, Real Estate Analyst, Emkay Global Financial Services.

FDI in retail to increase rentals by 25-30%: Phoenix Mills

With the opening up of the retail sector to foreign players, Pradumna Kanodia, director finance of Phoenix Mill, tells CNBC-TV18 that he expects to see a 25-30% increase in rental charges going forward.

Realtors to face cost pressure post land bill: Edelweiss

Aashiesh Agarwaal, real estate analyst at Edelweiss, said that the developers are likely to face many issues like affordability and cost pressures once new land acquisitions become a lot more expensive after the final bill is rolled out.

Phoenix Mills sees FY12 income from operations at Rs 200cr

Renewed leases of floor space at Phoenix Mills currently stand at 250-265 sq ft. Speaking to CNBC-TV18 in an exclusive, Shishir Shrivastava, Executive director of Phoenix Mills says that income from operations is expected around Rs 200 crore in FY12.

To launch 3 residential projects in 9 months: Phoenix Mills

Shishir Shrivastava, the ED of Phoenix Mills, in an interview on CNBC-TV18 says the company’s high end shopping mall Palladium is a 100% leased out. High Street Phoenix, he says, has seen a massive jump in the footfalls.

How are Phoenix Mills 4 Market City projects shaping up?

Shishir Shrivastava, ED, Phoenix Mills, in an interview on CNBC-TV18 spoke about the launch of four of its Market City projects and their expected completion dates.

Phoenix Mills to unveil 3 Market City malls by September

In an interview with CNBC-TV18, Shishir Shrivastava, ED, Phoenix Mills said that the Phoenix Market City Pune shall be operational in the next month and a half. The company is targeting for an end April, early May opening.