Phoenix Mills unveils 0.8M sq ft Asia Towers in Hebbal, betting on Bengaluru's GCC corridor
Phoenix Mills launches Phoenix Asia Towers, a Grade A mixed-use commercial development spanning 0.8 million sq ft on 13 acres in north Bengaluru. Adjacent to Mall of Asia and 30 minutes from the airport, the project targets GCC occupiers with 90,000-100,000 sq ft floor plates and integrated retail, dining, and lifestyle infrastructure.
What happened
Phoenix Mills unveils Phoenix Asia Towers, a 0.8 million sq ft Grade A mixed-use commercial development in Hebbal, north Bengaluru, adjacent to its Mall of
Key facts
- 13 acres
- 0.8 million sq ft
- 90,000-100,000 sq ft floor plates
- 30 minutes to airport
Why this matters
The mall-plus-office bundling thesis in Hebbal sets a template worth stress-testing against our own land bank near GCC corridors, and raises the question of whether we partner, compete, or acquire adjacent parcels before Phoenix's anchor effect prices us out.