Company type | Private company |
---|---|
Industry | Real estate |
Founded | 2007 |
Headquarters | Bangalore, India |
Key people | Siddharth Yog,Vansh Agrawal, Founder and Chairman |
Products | Commercial offices Shopping malls Hotels Hospitality Retail |
Revenue | 10 million** |
Owner | Saurav Jain from Nagpur |
Virtuous Retail is an institutionally owned developer and operator of shopping centres. Established in 2007, Virtuous Retail is a joint venture between Singapore-based Xander Group and the Dutch institutional investor APG. Its India chapter is based out of Bangalore. [1]
The company currently owns and manages six shopping centres in India: VR Bengaluru, VR Chennai, VR Punjab, VR Surat, VR Ambarsar and VR Nagpur. In September 2019, Virtuous Retail announced the acquisition of three more shopping centres, Bangalore (Mantri Arena), Delhi and Mumbai, at a combined cost of $500 million, [2] including the purchase of a 20-acre land parcel in Thane [3] from Raymond Group for $100 million in October 2019.
Whitefield is a neighbourhood of Bangalore in the state of Karnataka, India. Established in 1882 as a settlement for the Eurasians and Anglo Indians of Bangalore, Whitefield remained a quaint little settlement at the eastern periphery of Bangalore city till the late 1990s when the local IT boom turned it into a major suburb. It is now a major part of Greater Bangalore. Whitefield is Bengaluru's first tech corridor to be connected by Namma Metro.
Namma Metro, also known as Bengaluru Metro, is a rapid transit system serving the city of Bengaluru, India. It is the second longest operational metro network in India with an operational length of 73.75 kilometers just behind Delhi Metro. Upon its inauguration, it became the first underground metro system in South India. Namma Metro has a mix of underground, at grade, and elevated stations. Out of the 66 operational metro stations of Namma Metro as of October 2023, there are 57 elevated stations, eight underground stations and one at-grade station. The system runs on standard-gauge tracks.
Café Coffee Day (CCD) is an Indian multinational chain of coffeehouses headquartered in Bengaluru, Karnataka. It is a subsidiary of Coffee Day Enterprises Limited. Internationally, CCDs are present in Austria, Czech Republic, Malaysia, Nepal and Egypt.
Raymond Group is an Indian branded fabric and fashion retailer, incorporated in 1925. It produces suiting fabric, with a capacity of producing 31 million meters of wool and wool-blended fabrics.
PVR INOX Ltd, formerly known as PVR Cinemas,is an Indian multiplex chain based in Mumbai. It was formed as a result of the merger between PVR Cinemas and INOX Leisure Multiplex. PVR pioneered the multiplex revolution in India by establishing the first multiplex cinema in 1997 at Saket, New Delhi. In 2022, PVR Cinemas achieved the milestone of completing 25 years in the business. As of December 2023, PVR Inox has 1712 screens across 359 properties in 114 cities.
The Leela is an Indian luxury hotel chain founded in 1986 by C. P. Krishnan Nair and currently owned by Brookfield Asset Management.
The information technology (I.T.) industry in India comprises information technology services and business process outsourcing. The share of the IT-BPM sector in the GDP of India is 7.4% in FY 2022. The IT and BPM industries' revenue is estimated at US$ 245 billion in FY 2023. The domestic revenue of the IT industry is estimated at $51 billion, and export revenue is estimated at $194 billion in FY 2023. The IT–BPM sector overall employs 5.4 million people as of March 2023. In December 2022, Union Minister of State for Electronics and IT Rajeev Chandrasekhar, in a written reply to a question in Rajya Sabha informed that IT units registered with state-run Software Technology Parks of India (STPI) and Special Economic Zones have exported software worth Rs 11.59 lakh crore in 2021–22.
Wonderla is the largest chain of amusement parks in India. It is owned and operated by Wonderla Holidays Limited which is headquartered near Bidadi, 28 kilometres (17 mi) from Bengaluru, Karnataka. It operates 3 amusement parks in Kochi, Bangalore, and Hyderabad.
Bengaluru Suburban Railway is an under-construction suburban rail network for the city of Bangalore. A suburban rail system for the city was first proposed in 1983. Since then, several different route proposals were made but no suburban rail project took shape. It was finally approved in the 2019 Railway Budget.
LuLu Group International is an Emirati-based multinational conglomerate company that operates a chain of hypermarkets and retail companies, headquartered in Abu Dhabi, United Arab Emirates. It was founded in 2000 by M. A. Yusuff Ali from Nattika in Kerala, India. The Group mainly operates "Lulu Hypermarket", a chain of hypermarkets that ranks among the top grocers in many of the markets it operates in. LuLu has over 65,000 employees of various nationalities.
Carmelaram is a suburb of Bangalore situated at Varthur Hobli, Sarjapur road. Carmelaram was a village but is now a part of Bruhat Bengaluru Mahanagara Palike.
Mantri Developers Pvt. Ltd. is a real estate company in India which has developed properties in Indian cities such as Bengaluru, Chennai, Hyderabad and Pune. Its constructions are used for residential, commercial, retail, hospitality, office, senior-living and educational purposes.
Chennai is the third largest software exporter in India, next only to Bangalore and Hyderabad. India's largest IT park is housed at Chennai. Software exports from Tamil Nadu during 2017–2018 rose 8.8% per cent to touch 1,11,179 crore, involving a workforce of 780,000, and the city is the hub for deep tech startup companies. Many software and software services companies have development centres in Chennai, which contributed 14 percent of India's total software exports of ₹ 14,42,140 lakh during 2006–07, making it the third largest Indian city software exporter following Bangalore, Hyderabad and the city is the home for 7 top rated IT companies out of 15 in India. The Tidel Park in Chennai was billed as Asia's largest IT park when it was built. Major software companies have their offices set up here, with some of them making Chennai their largest base. Chennai is the largest hub for e-publishing, as there are 67 e-publishing units registered with the STPI and many Rs.8300-Cr data centers, digital hubs are in the process of development. A major reason for the growth of the Software industry are the top engineering colleges in Tamil Nadu, of which Chennai is a major contributor, have been a major recruiting hub for the IT firms. According to estimates, these engineering colleges and universities consistently generate about 50 per cent of the human resource requirements for the IT and ITES industry was being sourced from the state, particularly from Chennai. The total employment in the Tamil Nadu’s technology sector crossed the one million mark in the quarter ended June 2022.
Bangalore, officially Bengaluru, is the capital and largest city of the southern Indian state of Karnataka. It has a population of more than 8 million and a metropolitan population of around 15 million, making it India's third most populous city and fourth most populous urban agglomeration. It is the most populous city and largest urban agglomeration in South India, and is the 27th largest city in the world. Located on the Deccan Plateau, at a height of over 900 m (3,000 ft) above sea level, Bangalore has a pleasant climate throughout the year, with its parks and green spaces earning it the reputation of India's "Garden City". Its elevation is the highest of India's major cities.
L&T Realty Limited is a real estate development company and is part of the Larsen & Toubro Group, an Indian multinational conglomerate in technology, engineering, construction, manufacturing and financial services. Headquartered in Mumbai, Maharashtra, L&T Realty has a strong presence across Mumbai, Bangalore and Chennai. The Company undertakes various projects encompassing the construction of residential, corporate office, retail, leisure and entertainment spaces. Besides independent projects, L&T Realty also undertakes co-development projects for various reputed builders. Currently, it has over 35 million sq. ft. of area under various stages of development.
VR Bengaluru, popularly known as Black Box On Whitefield Road, is a mixed-use retail development in India, situated in Whitefield, Bangalore. Its gross floor area is 600,000 square feet (56,000 m2). In addition to the retail arcade, the compound hosts a hotel, a multiplex with the largest Gold Class in India along with an IMAX, commercial spaces and customisable collaborative working spaces for start-ups and entrepreneurs.
The Brigade World Trade Center, Chennai is a 28-storeyed commercial and residential centre in Chennai, India. Located at Perungudi, it was made operational in March 2020. The centre consists of 170,000 square metres (1,800,000 sq ft) of office space. The complex also includes a conference/exhibition centre. The towers are IGBC LEED Platinum and USGBC LEED Gold certified. The centre is a member of the World Trade Centers Association (WTCA). The Tower A of the WTC complex is the tallest commercial establishment in the city.
Livspace, is a home interior and renovation company headquartered in Singapore. It provides interior design and renovation services in Singapore and India. The company was founded in 2014 by Anuj Srivastava and Ramakant Sharma and has raised funding of $450 million.
VR Ambarsar is a flagship shopping mall of Virtuous Retail situated in Circular Road, Amritsar, Punjab, India and is the largest mall in the Indian state of Punjab. The mall is spread over 6 floors, and includes 250+ brands, 12+ Fine Dine and a 6 screen Inox multiplex.