Rohit George

Shopping mall owners to build new projects; looking for acquisition despite COVID-19

Shopping mall owners are bullish about growth prospects of India's retail sector despite the disruption caused by the COVID-19 pandemic and will continue to build new projects as well as look for acquisition to expand their businesses, according to...

Virtuous Retail buys two Tata Realty shopping malls For Rs 700 crore

Tata Realty has sold two shopping malls in Amritsar and Nagpur to Singapore-based Virtuous Retail South Asia for Rs 700 crore. Virtuous Retail South Asia Pte Ltd (VRSA) is the retail arm of private equity firm Xander. The shopping mall at...

Virtuous Retail South Asia to invest US$ 340 million in Mumbai Metropolitan Region

Virtuous Retail South Asia Pte. Ltd. (VRSA) announced an investment of US$ 340 million (Rs 2,400 crore) in a retail-anchored project in the Mumbai Metropolitan Region. The firm has acquired a prime ~20-acre land parcel from Raymond Limited for...

We are a 'Master Retailer': Rohit George, MD Virtuous Retail

Virtuous Retail has been at the forefront of retail news in India over the past many years. VR, as it is better known, is the retail arm of the Xander Group, and recently marked its 10th anniversary in the...

We are a ‘Master Retailer’: Rohit George, MD Virtuous Retail

Virtuous Retail has been at the forefront of retail news in India over the past many years. VR, as it is better known, is the retail arm of the Xander Group, and recently marked its 10th anniversary in the...

Year-Ender: The finest shopping centres in India

Such is the growing mall culture in India that 34 new shopping malls, covering 13.6 million sq. ft. area, are expected to come up in top eight cities by the year 2020… No mall today can afford to operate in...

Virtuous Retail to open VR Chennai in 2018

Virtuous Retail South Asia Pvt. Ltd., India's largest institutionally owned developer-operator of lifestyle shopping centers, has announced the brand launch of its flagship retail center VR Chennai at a gala event held at the India Retail Forum 2017. Following the...

North Country Mall rechristened as VR PUNJAB

Virtuous Retail South Asia Pte. Ltd. (VRSA) today unveiled the new identity of the recently acquired North Country Mall (NCM) in the Chandigarh Capital Region. NCM, now rebranded as VR Punjab, is the newest member of the Virtuous Retail...

Virtuous Retail South Asia acquires North Country Mall for Rs 700 crore

Developer-operator of lifestyle shopping malls Virtuous Retail South Asia (VRSA) said it has acquired 2 million sq.ft. North Country Mall in Punjab from Sun Apollo-Gumberg for Rs 700 crore. With this acquisition, VRSA establishes its presence in North India, adding...
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Adidas Originals opens its first store in Lucknow at Lulu Mall

The store will feature the latest collection of Adidas Originals including Superstar, Stan Smith, NMD, EQT, Crazy and Forum,...
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