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Prozone Intu Properties

3.6
based on 19 Reviews

Working at Prozone Intu Properties

Company Summary

Prozone Intu develops mixed-use real estate projects, combining retail and residential spaces, catering to the demand for urban property development in India.

Overall Rating

3.6/5
based on 19 reviews
highly rated categories
8% below
industry average
highly rated categories
Highly rated for

Job security

highly rated categories
Critically rated for

Promotions, Salary, Company culture

Work Policy
Monday to Saturday
Monday to Saturday
43% employees reported
Flexible timing
Flexible timing
58% employees reported
No travel
No travel
46% employees reported
Day shift
Day shift
100% employees reported
View detailed work policy

About Prozone Intu Properties

Founded in2007 (18 yrs old)
India Employee Count51-200
Global Employee Count51-200
India HeadquartersMumbai, Maharashtra, India
Office Locations
--
Websiteprozoneintu.com
Primary Industry
Other Industries
--
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Prozone Intu is a specialist retail and residential-led mixed-use real estate development company, harnessing Intu Properties plc experience as UK’s largest retail real estate developer combined with Prozone Ltd’s in-depth knowledge of the Indian market. The company has a strong balance sheet, a large land bank fully paid, a planned pipeline of projects and a strong domestic execution team. Intu Properties plc is a FTSE-100 Company listed in UK and has an asset valuation of more than 9 billion pounds. Intu Properties plc owns 20 properties, including 10 of the top 25 shopping centers in UK with a dominant market share. Two senior officials of Intu Properties Plc sit on the board of Prozone Intu. The business model is to acquire large land parcels at select locations in high growth corridors within city limits. Subsequently design, develop, execute and manage high quality Regional Shopping and Entertainment Centres and on the conjugant land bank to develop and sell mixed-use Residential Townships and Commercial Office Blocks to create new ‘city centres’ across the rapidly evolving Indian urban landscape. The overarching plan is to develop long term scarce assets with properties that optimize the intrinsic value of the land with sale of Residential and Commercial units to monetize the land banks facilitating the creation of debt-free retail assets generating annuity income over the long term. As India’s retail market matures, quality retail real estate assets are expected to develop high yield compression ratios. Prozone Intu has attracted investments from major institutional investors, notably the Triangle Fund (anchored by Old Mutual Group, South Africa) and the Lewis Trust Group, UK in its subsidiary Companies The Company owns six land banks in strategic city locations across the country comprising a total of 20 million square feet of developable area.
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Prozone Intu Properties Ratings

based on 19 reviews

Overall Rating

3.6/5
How AmbitionBox ratings work?
5
8
4
5
3
1
2
1
1
4

Category Ratings

3.8

Job security

3.4

Skill development

3.4

Work satisfaction

3.2

Work-life balance

2.8

Company culture

2.6

Salary

2.4

Promotions

Prozone Intu Properties is rated 3.6 out of 5 stars on AmbitionBox, based on 19 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more

Prozone Intu Properties Reviews

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Overall Rating
3.6/5
based on 19 reviews
4.1/5
based on 333 reviews
4.1/5
based on 561 reviews
3.3/5
based on 228 reviews
Highly Rated for
Job security
Work-life balance
Job security
Company culture
Salary
Work-life balance
Company culture
No highly rated category
Critically Rated for
Promotions
Salary
Company culture
No critically rated category
No critically rated category
Promotions
Work satisfaction
Skill development
Primary Work Policy
-
Work from office
72% employees reported
Work from office
92% employees reported
Work from office
100% employees reported
Rating by Women Employees
1.2
Bad
rated by 4 women
3.4
Average
rated by 54 women
3.8
Good
rated by 46 women
3.0
Average
rated by 56 women
Rating by Men Employees
4.1
Good
rated by 14 men
4.2
Good
rated by 262 men
4.1
Good
rated by 491 men
3.4
Average
rated by 157 men
Job security
3.8
Good
4.2
Good
3.6
Good
3.2
Average
View more

Prozone Intu Properties Salaries

Prozone Intu Properties salaries have received with an average score of 2.6 out of 5 by 19 employees.

Customer Relationship Manager

(6 salaries)
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₹5 L/yr - ₹8 L/yr

Cheif Financial Officer

(5 salaries)
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₹45 L/yr - ₹55 L/yr

Marketing Executive

(4 salaries)
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₹3 L/yr - ₹5 L/yr

Senior Manager Finance & Accounts

(4 salaries)
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₹9 L/yr - ₹20 L/yr

Legal Executive

(4 salaries)
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₹3 L/yr - ₹4 L/yr

Accounts Manager

(4 salaries)
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₹8.5 L/yr - ₹11.5 L/yr

Operations Executive

(4 salaries)
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₹3.2 L/yr - ₹3.9 L/yr

Senior Corporate Planning Manager

(4 salaries)
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₹12.5 L/yr - ₹20.7 L/yr

Senior CRM Manager

(4 salaries)
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₹6.5 L/yr - ₹8 L/yr

Executive Assistant

(3 salaries)
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₹7.7 L/yr - ₹9.8 L/yr

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Prozone Intu Properties FAQs

When was Prozone Intu Properties founded?
Prozone Intu Properties was founded in 2007. The company has been operating for 18 years primarily in the Real Estate sector.
Where is the Prozone Intu Properties headquarters located?
Prozone Intu Properties is headquartered in Mumbai, Maharashtra.
How many employees does Prozone Intu Properties have in India?
Prozone Intu Properties currently has approximately 70+ employees in India.
Does Prozone Intu Properties have good work-life balance?
Prozone Intu Properties has a work-life balance rating of 3.2 out of 5 based on 10+ employee reviews on AmbitionBox. 32% employees rated Prozone Intu Properties 3 or below, while 68% employees rated it 4 or above for work-life balance. This rating suggests that while some employees recognize efforts towards work-life balance, there is scope for improvement based on employee feedback. We encourage you to read Prozone Intu Properties reviews for more details
Is Prozone Intu Properties good for career growth?
Career growth at Prozone Intu Properties is rated as poor, with a promotions and appraisal rating of 2.4. 32% employees rated Prozone Intu Properties 3 or below on promotions/appraisal. This rating reflects a negative sentiment among employees for career growth. We recommend reading Prozone Intu Properties reviews for more detailed insights.
What are the pros and cons of working in Prozone Intu Properties?
Working at Prozone Intu Properties comes with several advantages and disadvantages. It is highly rated for job security. However, it is poorly rated for promotions / appraisal, salary & benefits and company culture, based on 10+ employee reviews on AmbitionBox.
Prozone Intu Properties Overview
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