The evolution of superconducting properties of BSCCO superconductors, inadvertently hosting the two superconducting phases Bi-2212 and Bi-2223 have been investigated in pristine and Pb doped BSCCO. The superconducting transition temperature TC of Bi-2212 phase monotonically increases with increasing Bi-2223 phase fraction. On the other hand Bi-2223 phase exhibits depression in TC for its lower phase fractions (<24%) but attains its bulk value as Bi-2223 phase fraction is increased to 30%. This behavior has been rationalized by invoking the interplay of proximity effects between the two coexisting phases and establishment of Bi-2223 superconducting percolation path. In addition to aiding the formation of BSCCO with higher Bi-2223 phase fraction, the Pb substitution also leads to an enhancement of critical current density by the creation of pinning centres.