Virtuous Retail

Established in 2007, Virtuous Retail (VR) is an institutionally owned developer-operator of community-oriented premium Lifestyle Shopping Centers in India’s top cities. Virtuous Retail’s pan-India portfolio includes prime city center locations in Bengaluru, Chennai, Mumbai, Pune, Surat and Kolkata making it the leading platform of quality retail real estate in one of the world’s most attractive consumer markets for organized retail.

Virtuous Retail combines global expertise and local knowledge to create high performance retail environments with strong urban connections. The company’s long term vision is to create new social hubs for the urban Indian consumer. It does this through "Connecting Communities™" – a platform for cultural festivals, public-private partnerships and cross-border collaborations that encourage civic pride, strengthen the local economy and enhance the city’s brand image.

Virtuous Retail is sponsored by The Xander Group Inc., a leading emerging markets investment firm, which has committed US$ 600 MM in equity to the platform.

Virtuous Retail investments exhibit a focus on prime locations, strategic partnerships, long-term value creation and risk-mitigation. Channeling our investors' global expertise, Virtuous Retail has developed in-house capabilities across asset management and development functions including research, acquisitions, finance, planning, consumer experience design, leasing, marketing and mall operations.

VR Whitefield
C/o Sugam Vanija Holdings Pvt. Ltd.
408, 2nd Floor, 3rd Cross, Whitefield Road
Singayana Palya, Mahadevpura
Bengaluru 560048
T: +91 80 2560 8000

New Delhi

Virtuous Retail Services Pvt. Ltd.
111, The Taj Palace
Sardar Patel Marg
New Delhi 110021
T: +91 11 66116868
F: +91 11 66116840

Mumbai

Virtuous Retail Services Pvt. Ltd.
54, 3 North Avenue,
Maker Maxity,
Bandra Kurla Complex,
Mumbai 400051
T: +91 22 66177100

Surat

VR Surat
C/o Dhanlakshmi Infrastructure Pvt. Ltd.
F. P. 29 Rundh Village
Dumas Road, Magdalla
Surat 395007
T: +91 261 3112679