Post lockdown, Phoenix launches Rs 1,000-cr shopping mall in Lucknow

Spread over an area of 13.5 acres, Phoenix Palassio has a built-up area of a million sq ft and will house 300 stores

Signaling a steady revival of the retail segment amid covid-19 pandemic, Phoenix Mills Limited today launched India’s first shopping mall post lockdown period in Lucknow.

Spread over an area of 13.5 acres, Phoenix Palassio has a built-up area of a million sq ft and is located adjacent to the Bharat Ratna Shri Atal Bihari Vajpayee Ekana International Cricket Stadium.

The project entailed an investment of nearly Rs 1,000 crore, including the land cost, according to unit director Sanjeev Sarin.

“The shopping mall comprises more than 300 stores, of which 100 stores have already opened, while 100 stores are expected to be launched by