Phoenix Mills has acquired the asset for Rs 2.34 billion in an auction conducted by an asset reconstruction company, the company said in a regulatory filing.
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.
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.
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.