| Property | Development, leasing, and operation of commercial and retail real estate assets. | Strong brand portfolio, strategic locations, customer footfall, premier anchor tenants, long-term leases. | Retail stores, commercial tenants; B2B leasing model primarily. | Premium retail leasing and flagship mall operations. | 294947 | 77 | Rental income from retail stores, commercial leases, and service charges. | Long-term leases with fixed and variable rents linked to turnover. | Rising retail consumption, mall expansions, premiumization and anchor tenant diversification. | Phoenix MarketCity, Palladium, Phoenix Palassio, Phoenix Mall of Asia, Phoenix Mall of the Millennium, Phoenix Citadel |
| Hospitality Services | Luxury and premium hotel operations and management services. | Strong brand affiliation, prime hotel locations, excellence in service delivery. | Business and leisure travelers; B2C hospitality service segment. | Luxury hotel operations with high occupancy and RevPAR. | 67065 | 18 | Room rentals, food & beverage sales, event hosting fees. | Room rates, banquet and F&B pricing. | Growing domestic and international travel, premium hotel brand positioning. | The St. Regis Mumbai, Courtyard by Marriott Agra |
| Residential Business | Development and sales of premium residential apartments and complexes. | Branded luxury residential projects integrated with retail and mixed-use developments. | End-user home buyers; B2C market. | Completed and ready-to-sell high-end apartments. | 19345 | 5 | Sales of residential units and collections over construction period. | Direct sales, installment collections tied to construction milestones. | Urban housing demand, premium residential projects in metro cities. | One Bangalore West, Kessaku Bengaluru |
