Phoenix Mills : September 2022 Monthly Business Update

Corp. Office: Shree Laxmi Woolen Mills Estate, 2nd Floor,

R.R. Hosiery, Off Dr. E. Moses Rd. Mahalaxmi, Mumbai - 400 011

Tel: [phone] Fax : [phone]

CIN No. : L17100MH1905PLC000200

Date: October 06, 2022
To,
BSE Limited.	National Stock Exchange of India Limited.
Phiroze Jeejeebhoy Towers,	"Exchange Plaza", Bandra Kurla Complex,
Dalal Street, Fort, Mumbai - 400001	Bandra (E),Mumbai - 400051
(Security code: 503100)	(Symbol: PHOENIXLTD)
Dear Sir/Madam,

Sub:- Monthly Business Update - Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, ("Listing Regulations"), please find attached herewith business update of the Company for the month of September, 2022.

This same is also being uploaded on the Company's website at https://www.thephoenixmills.com

We request you to take the above information on record.

Thanking You,

Yours Faithfully,

For The Phoenix Mills Limited

GAJENDRA Digitally signed by

GAJENDRA MEWARA

MEWARA Date: 2022.10.06 15:30:08 +05'30'

______________________

Gajendra Mewara

Company Secretary

Regd. Office : The Phoenix Mills Ltd., 462 Senapati Bapat Marg, Lower Parel, Mumbai 400 013. Tel : [phone] / 8 / 9

Fax : [phone] E-mail : [e-mail] www.thephoenixmills.com

The Phoenix Mills Ltd.

Monthly Update - September 2022

Diversified portfolio across asset class

Retail

Operational

Retail Spaces GLA

~7

msf

Under-development &

Under-planning

Retail GLA

~6

msf

Total

~13 msf

Commercial

Operational

Office Spaces GLA

~2

msf

Under-development &

Under-planning

Offices GLA

~5

msf

Total

~7 msf

Hospitality

The St. Regis, Mumbai

+ Courtyard by Marriott, Agra

588

keys

Under-planning

Grand Hyatt, Bengaluru

~400

keys

Total

~988 keys

Residential

Total Saleable

Area

~4

msf

Completed Area

(OC Received)

~3

msf

Total

~4 msf

Note: Under development and under planning assets are subject to change and carry risks of planning, approvals, execution and market conditions which may be beyond the control of the Company.
GLA is an estimate based on current plans and market/company norms and is subject to change based on changes in development plans and tenant negotiations.	2
Grand Hyatt term sheet executed, definitive documentation underway. Data as on 30 September 2022

Portfolio in India's top cities

Indore
	Ahmedabad
Mall
	Mall
Phoenix Citadel
	Phoenix Palladium
- (~1 msf)
	- (~0.7 msf)

Mumbai

Mall

Phoenix Palladium - (~0.92 msf)

Phoenix Palladium Densification Retail - (~0.5 msf) Phoenix MarketCity - (~1.14 msf)

Commercial

Phoenix Paragon Plaza - (~0.44 msf)#

The Centrium - (~0.25 msf)#

Art Guild House - (~0.80 msf)#

Phoenix House - (~0.13 msf)

Project Rise - (~1.1 msf)

Hospitality

The St. Regis - (395 keys)

Pune

Mall

Phoenix MarketCity - (~1.19 msf)

Phoenix Mall of the Millennium - (~1.1 msf)

Commercial

East Court - (~0.25 msf)#

Fountainhead Tower 1 - (~0.17 msf)

Fountainhead Tower 2 - (~0.26 msf)

Fountainhead Tower 3 - (~0.41 msf)

Millennium Towers - (~1.20 msf)

Bareilly

Mall

Phoenix United - (~0.34 msf)

Kolkata

Mall

Phoenix MarketCity

• (~1.00 msf)

Under-development / planning Gross Leasable / Saleable Area

Agra

Hospitality

Courtyard by Marriott - (193 keys)

Lucknow

Mall

Phoenix United - (~0.37 msf)

Phoenix Palassio - (~0.90 msf)

Bengaluru

Mall

Phoenix MarketCity - (~1 msf) + Expansion (~0.31 msf) Phoenix Mall of Asia - (~1.2 msf)

Residential

One Bangalore West - (~2.41 msf)

Kessaku - (~1.03 msf)

Commercial

ISML Offices - (~1.2 msf)

Phoenix Asia Towers - (~1.2 msf)

Hospitality

Grand Hyatt - (~400 keys)

Chennai

Mall

Phoenix MarketCity - (~1 msf)

Palladium - (~0.22 msf)

Residential

The Crest - A & B - (~0.26 msf)

The Crest - C - (~0.28 msf)

Commercial

# Includes sold area

Under development and under planning assets are subject to change and carry risks of planning, approvals, execution and market conditions which may be beyond the control of the Company. GLA is an estimate based on current plans and market/company norms and is subject to change based on changes in development plans and tenant negotiations. Data as on 30th June 2022

Palladium Offices - (~0.42 msf)

3

Developer of India's Iconic Mixed Use Developments

				Phoenix Palladium + The St Regis,
	Phoenix MarketCity, Mumbai +
			Mumbai + Offices + Upcoming
	Offices (Centrium, PPP and Art Guild House)				Phoenix Millennium, Pune + Offices
			Project Rise

	Phoenix MarketCity, Bangalore + Offices +				Phoenix MarketCity, Pune +
	Proposed 5 Star Hotel				Fountainhead Office Towers			Palladium, Chennai + Office Tower
Development timelines and costs carry risks of planning, approvals, execution and market conditions which may be beyond the control of the Company.
All images displayed are renders. Plans, design and design elements are subject to change.	4