Phoenix replaces mall plans with residential
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Phoenix replaces mall plans with residential

Chennai : India | Aug 01, 2010 at 2:49 PM PDT
Source: Daily News & Analysis
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Phoenix Mills Ltd, the Mumbai-based retail centre developer, is restructuring some of its mixed-use developments in south India. Citing oversupply of commercial space in the southern region, Phoenix has decided to turn about 3 million square feet development originally planned for pure retail/office development into residential one with some or no retail component.

FULL ARTICLE AT Daily News & Analysis
 
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