Prozone Realty Limited, initially incorporated as Prozone Capital Shopping Centres Limited in 2007, is involved in developing, owning, and operating shopping malls, commercial, and residential premises, along with providing management consultancy services. It underwent several name changes, most recently in December 2022. The company's business segments include leasing and outright sales, with a significant land bank of 139.71 acres, offering a maximum saleable area of approximately 15.54 million square feet across six Indian cities. Prozone Realty has notable properties such as Prozone Mall in Aurangabad and a mall in Coimbatore.
The company operates through several subsidiaries, including Alliance Mall Developers and Prozone Liberty International. Key developments include the launch of Prozone Aurangabad Mall in 2010 and a second mall in Coimbatore in 2017. Prozone Realty has recently divested its 25% stake in Moontown, discontinuing it as a joint venture, and sold its investment in Emerald Buildhome, ceasing it as an associate company, while forming a joint venture with M/s Calendula Commer.
