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Virtuous Mall

Virtuous Retail (“VR”) is a retail asset development and management platform.

VR   is sponsored by The Xander GroupInc.(“Xander”), a global institutional investment firm that has committed US$ 600MM in equity to retail real estate development in India.


VR is rolling out a growing zero‐leverage portfolio of Retail & Community Centres across formats and locations in India’s top urban markets.


VR is focused on long term value creation through sustainable development (nostratasales) and a strong execution orientation bringing an “Owner’sMentality” to development management.


VR is India’s first and only ‘MasterRetailer’ with a dual focus on retailer and consumer communities.

VR has in‐house capabilities and expertise in all areas of asset development and management including acquisitions, research, planning & design, development, leasing, marketing and regulatory compliance.


Location: Dumas Road

Nature: Stand alone mall

Size: 450,000 sq. ft.


–Mid-to-premium retail

–Both international and national brand presence

–Will be the first all-encompassing organized retail offer in Surat



Key Differentiators


  • Largest Mall in Surat
  • Premium Positioning
  • Fully Zoned complete category offering- Hypermarket, Cinema
  • Extensive F&B Offering