PHOENIX MILLS WING C — New Project Coming Up in Lower Parel, Mumbai

Phoenix Mills Wing C: A Major Commercial Addition to Lower Parel

Phoenix Mills Wing C is part of a multi-wing commercial development that includes Rise 1 (Wing A) comprising a mall, offices, and residential spaces; Rise 3 (Wing B), Wing C, and Rise 2, all designed as mall spaces; and Block 5, also a mall.

Location and Regional Context

Lower Parel is a major commercial suburb of Mumbai, located 9.5 kilometres from downtown South Mumbai and centrally positioned between Naigaon, Chinchpakoli, Worli, and Sewri. Former mill land parcels have been redeveloped into modern residential and commercial zones, with low-rise industrial units gradually transforming into high-end towers, Grade A offices, malls, and entertainment hubs.

Developer's Retail Legacy

Phoenix Palladium is already India's most iconic retail-led destination, housing over 250+ luxury and flagship stores, and witnesses great synergies with one of India's marquee luxury hotels, The St. Regis Mumbai. The expansion of retail and mixed-use offerings in the precinct reflects the developer's sustained focus on the Lower Parel micromarket.

Connectivity and Access

The area is well-connected via Bandra Worli Sea Link and Eastern Express Highway, with Senapati Bapat Marg and NM Joshi Marg serving as arterial connections, a dedicated station on the Western Line offering good rail network, and the Lower Parel Monorail Station linking the area to Chembur and Wadala.

Market Position

Lower Parel's luxury positioning comes from its cluster of skyscrapers, flagship retail landmarks such as High Street Phoenix and Palladium, and a robust network of corporate developments. Recent market assessments indicate that average Lower Parel property prices have risen to ₹45,657 per sq ft in 2025.