Virtuous Retail has recently announced the launch of its flagship lifestyle  retail centre VR Surat in an event held at The Courtyard at 51  Buckingham Gate, London. VR Surat is the first retail lifestyle  destination amongst a series of retail developments under the VR  umbrella, which are coming up in the Indian cities including Bangalore,  Mumbai, Pune, and Kolkata.
The upcoming retail destination is  spread across approx 6 lakh sq.ft. and Virtuous Retail has already  signed Guess, Only, Accessorize, Calvin Klein Jeans, Esprit, Nautica,  Reliance Digital, and Shoppers Stop as the tenants.
Anupam Yog,  Marketing Director, Virtuous Retail, said: “We envision VR Surat to be a focal point for the community where people would congregate for  festivals, celebrations and expos. VR Surat is positioned as a community destination where we will institute cultural programmes alongwith  world-class organisations. We are very proud that VR Surat is not only  an economic catalyst, but also a cultural one.”
Established in  2007, Virtuous Retail is a retail real estate asset platform sponsored  by The Xander Group, with an initial commitment of USD 600 mn in equity. Virtuous Retail is developing a pan-India portfolio of retail,  lifestyle and community centres.