Mumbai, Maharashtra, India, July 2025 — Vithal Suryavanshi has been appointed as the Chief Executive Officer – Commercial Real Estate at The Phoenix Mills Ltd., bringing with him over three decades of experience in real estate transformation and value creation. His appointment marks a strategic move as the company accelerates its commercial expansion across India.
Vithal joins Phoenix Mills from Kotak Alternate Asset Managers Limited, where he served as Partner – Commercial Real Estate Fund, leading strategic investments and asset management initiatives. Prior to that, he held senior leadership roles at Brookfield Properties as Senior Vice President & Regional Head – West India, and at K Raheja Corp, where he spent nearly two decades spearheading commercial leasing across key metros.
He began his real estate career at Mayfair Housing, developing a strong foundation in sales and project execution. Throughout his journey, Vithal has built a reputation for his sharp business acumen, strategic foresight, and ability to scale high-performing commercial portfolios.
An alumnus of the Chicago Booth School of Business (Accelerated Development Program) and an Executive MBA from NMIMS, Vithal now steps into a pivotal role at The Phoenix Mills Ltd. as it continues to strengthen its leadership in India’s premium commercial real estate segment. He will be responsible for steering the company’s commercial real estate vertical with a focus on growth, innovation, and operational excellence.
Founded in 1905, The Phoenix Mills Ltd. is India’s leading retail-led mixed-use real estate developer. With a strong presence across premium malls, commercial offices, hospitality, and residential assets, the company operates marquee properties such as Phoenix Marketcity, Palladium, and Art Guild House. Headquartered in Mumbai, Phoenix Mills continues to redefine urban spaces through landmark developments and is poised to expand its footprint with a robust pipeline of commercial and mixed-use projects across major cities.
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