Phoenix Mills Limited Appoints Vithal Suryavanshi as CEO of Commercial Real Estate
The Phoenix Mills Limited (PML) has announced the appointment of Vithal Suryavanshi as the new CEO of Commercial Real Estate, effective July 7, 2025. With over three decades of experience, Suryavanshi is expected to drive significant growth and innovation in PML’s commercial real estate portfolio.
Commercial Real EstatePhoenix Mills LimitedVithal SuryavanshiReal Estate DevelopmentMarket ExpansionReal Estate MumbaiJul 11, 2025
With over three decades of experience in commercial leasing and strategic real estate development, Vithal brings deep industry expertise and a strong track record of driving revenue growth, market expansion, and building long-term value. His appointment marks a crucial juncture in PML’s journey to enhance its commercial real estate operations and expand its market presence.
Vithal joins PML at a pivotal moment, as the company sharpens its focus on strengthening and expanding its commercial portfolio across key markets. In his role as CEO – Commercial Real Estate at The Phoenix Mills Limited, he will lead the company’s commercial business strategy, focusing on several key areas:
- Revenue enhancement and asset optimization
- Strategic tenant engagement and market partnerships
- Operational excellence through process innovation
- Marketing initiatives to position and promote commercial assets
- Financial planning and performance forecasting
An alumnus of NMIMS (Executive MBA) and the University of Chicago’s Accelerated Development Program, Vithal has previously held senior leadership positions at Mayfair Housing, K. Raheja Corp, and Brookfield Properties. During his tenure, he led landmark commercial developments, business growth strategies, and real estate investments, contributing significantly to the success of these organizations.
As India’s commercial real estate market experiences unprecedented growth, PML is advancing its ambitious expansion into new metropolitan markets. Under Vithal’s leadership, the company aims to accelerate the development of its commercial portfolio and expand its footprint in emerging markets across the globe. This strategic move is expected to position PML as a leader in the commercial real estate sector, driving innovation and setting new benchmarks in the industry.
The Phoenix Mills Limited, known for its robust portfolio of retail and commercial properties, is poised to leverage Vithal Suryavanshi’s expertise to achieve its ambitious goals. With a focus on sustainable growth and market leadership, PML is set to make significant strides in the commercial real estate sector, benefiting both its stakeholders and the broader economy.
Frequently Asked Questions
What is The Phoenix Mills Limited (PML)?
The Phoenix Mills Limited (PML) is a leading retail and commercial real estate developer in India. It is known for its robust portfolio of retail and commercial properties and has a strong presence in key metropolitan markets.
Who is Vithal Suryavanshi and what is his new role at PML?
Vithal Suryavanshi is a seasoned professional with over three decades of experience in commercial real estate. He has been appointed as the Chief Executive Officer – Commercial Real Estate at The Phoenix Mills Limited, effective July 7, 2025.
What are the key focus areas under Vithal Suryavanshi's leadership at PML?
Under Vithal Suryavanshi's leadership, PML will focus on revenue enhancement, strategic tenant engagement, operational excellence, marketing initiatives, and financial planning to position and promote commercial assets.
What is the significance of this appointment for PML?
The appointment of Vithal Suryavanshi as CEO – Commercial Real Estate marks a crucial juncture in PML’s journey to enhance its commercial real estate operations and expand its market presence, driving significant growth and innovation.
What are PML's plans for the future under Vithal Suryavanshi's leadership?
PML aims to accelerate the development of its commercial portfolio and expand its footprint in emerging markets across the globe. This strategic move is expected to position PML as a leader in the commercial real estate sector, driving innovation and setting new benchmarks in the industry.
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